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Originally Posted by 12thMan
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.
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I knew you figure out how to put this on Bush. Your right and it was not part of the stimulas but it was done arround the same time period. The facts are his own people threw up red flags and he still proceed so he could tout this green company and the jobs he created. It really does not matter if it was the stimulas or another program he still wasted 560 million dollars. It was his signature giving the ok not Bush and maybe Bush knew better then giving them the money.