Quote:
Originally Posted by firstdown
Solyndra I have always thought Obama did so he had some green company he could point to that the stimulas helped. He ignored all the warnings just so he could stand in front of the American people and tout them as his success. Hell he just said the other day that no one is successful without the federal goverment LMAO. So to try and prove his point he ignored all warnings and wasted $550,000,000. Wonder how many people are sitting at home retired from that failed company set up for the rest of their life?
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Actually that's not what he said and I'm almost 100% sure you didn't watch the speech.
What you or SlinginSammy33 won't realize or admit, not sure which. The DOE_ Loan Program was started by George Bush.
The Energy Department's loan guarantee program was created as part of the Energy Policy Act of 2005, passed by a Republican-controlled Congress and signed by Bush.
Did you read that, 2005! And it's not stimulus money for Christ's sake. Good lord! There's some debate whether Bush wanted to close the loan out after before he left office, but their fingerprints are on this too.
Solyndra didn't work out. As I've said before, they bet on the wrong horse. I don't fault the president for wanting an enterprise, that he's politically invested in, to succeed. There's nothing wrong with that as long as everything is done on the level.