“Green” Obama cost taxpayers billions

Discussion in 'Politics' started by Nova78, Aug 17, 2012.

  1. Nova78

    Nova78 Gold Member

    Dec 19, 2011
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    "Green" Obama cost taxpayers billions » Louisville News and Politics

    While President Obama has been trying to attack Mitt Romney on Bain Capital, unsuccessfully and hypocritically in many people’s eyes, he continues to try and hide from one of the biggest failures of his Presidency. While Obama’s lies on Bain Capital and Mitt Romney are being exposed more and more everyday, more of Obama’s lies are surfacing.

    One of the biggest? Obama and green energy.
    Nearly everyone knows of the story of Obama’s failed Solyndra Energy project, costing taxpayers $535 million, as well as 1,100 jobs, many do not know that Solyndra was targeted by federal investigators who concluded that they had indeed benefitted from special treatment.

    Federal auditors had flagged the $535 million loan to Solyndra, saying some applicants had benefited from special treatment.

    What raised suspicion? One of the lead private investors in Solyndra was an Oklahoma billionaire who also served as an Obama “bundler,” raising money during the 2008 presidential campaign.

    Good job Obama ,do you really think we need 4 more years of this loser,your kids and grandchildren will suffer for decades.......
  2. waltky

    waltky Wise ol' monkey Supporting Member

    Feb 6, 2011
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    Okolona, KY
    Usin' energy loans & bankruptcy to circumvent the IRS...
    IRS says ‘tax avoidance’ at heart of Solyndra bankruptcy plan
    Wednesday, October 10, 2012 - The Internal Revenue Service urged a bankruptcy judge to reject solar panel maker Solyndra LLC’s bankruptcy plan Wednesday, saying it amounts to little more than an avenue for owners of an empty corporate shell to avoid paying taxes.
    See also:

    Influence peddling runs deep in energy loan deal; BrightSource emails show cajoling
    Wednesday, October 10, 2012 - The White House contends that all energy loan guarantees, including the more than $500 million given to now-bankrupt solar firm Solyndra, are awarded solely on the merits of the project, with no political influence from President Obama, Vice President Joseph R. Biden or other administration officials.

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