Forget Bain — Obama’s public-equity record is the real scandal

Discussion in 'Politics' started by Clementine, May 26, 2012.

  1. Clementine
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    Clementine Platinum Member Supporting Member

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    Forget Bain — Obama’s public-equity record is the real scandal
    Forget Bain — Obama’s public-equity record is the real scandal - The Washington Post

    Obama helped these companies by gambling with tax payer money.

    Raser Tecnologies - $33 million and they went bankrupt and owe $1.5 million in back taxes.

    ECOtality - $126.2 million. They've had $45 million in loses and say they won't be profitable in the future. They are also under investigation for insider trading.

    NGP - $98.5 million and they are in financial turmoil.

    First Solar - $3 million and they fell to a record low and fired 30% of their employees.

    Abound Solar, Inc - $400 million and they aren't doing well. They fired 180 employees.

    Beacon Power - $43 million and they filed for bankruptcy.

    SunPower - $1.2 billion and now owe more than they are worth.

    Don't forget Solyndra - half a billion and they went bankrupt.

    Obama claimed that all received government backed loans on their merits.

     
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    Last edited: May 26, 2012
  2. Lakhota
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    Lakhota Diamond Member

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  3. Lakhota
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    Lakhota Diamond Member

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  4. Lakhota
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    Lakhota Diamond Member

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    The OP link is a wingnut opinion writer.
     
  5. Clementine
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    Clementine Platinum Member Supporting Member

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  6. Lakhota
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    Lakhota Diamond Member

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    More: PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so
     
  7. Lakhota
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    Lakhota Diamond Member

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    I'm sure Obama would welcome this debate against Romney's Bain Capital days.
     
  8. Lakhota
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    Lakhota Diamond Member

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    How can you wingnuts just make shit up without any facts or regard for truthfulness? I'm not made that way.
     
  9. MeBelle
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    MeBelle Mebellien Mothership © Supporting Member

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    :eusa_liar:

    PS-fixed it for you! :eusa_angel:
    Do more research, not just those that suit your agenda.
    :eusa_whistle:

    *Moderator Mode*
    Altering quotes is not allowed, the original quote has been restored.
     
    Last edited: May 26, 2012
  10. Sarah G
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    Sarah G When Nothing Goes Right, Go Left Supporting Member

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    That's right, we'll decide what constitutes a scandal and it is definately Bain. Stepped up attacks on Obama won't help them.
     

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