In the Ukraine.
Once again, the American taxpayer is on the hook to pay back Democrat campaign donors. This time to the tune of $20 million dollars to open a new car dealership. Did the Obama administration close hundreds of U.S. dealerships when they took over 2/3's of our domestic auto companies?
How much corruption on the liberals willing to overlook in this administration?
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Bidens good friend, donor receives $20M federal loan to open foreign luxury car dealership in Ukraine
Published: 12:05 AM 08/17/2012
In late July, John Hynansky a longtime friend of Vice President Joe Biden, and a major donor to Bidens campaigns as well as President Barack Obamas was awarded a $20 million taxpayer loan to build a foreign-car dealership in Ukraine.
According to a public summary document, the loan, from the federal governments Overseas Private Investment Corporation, is for p to $20.0 million, and is designed to expand Winner Import Ukraines automobile business, [and] construct and operate Winner Autocity, which will have two new, state-of-the-art dealership facilities for Porsche and Land Rover/Jaguar automobiles.
Porsche is a German-made luxury and sports car, and Jaguar Land Rover is a British luxury and sports car company owned by an Indian subsidiary.
Read more: Biden's 'good friend,' donor receives $20M federal loan | The Daily Caller
Once again, the American taxpayer is on the hook to pay back Democrat campaign donors. This time to the tune of $20 million dollars to open a new car dealership. Did the Obama administration close hundreds of U.S. dealerships when they took over 2/3's of our domestic auto companies?
How much corruption on the liberals willing to overlook in this administration?
***********************************************************
Bidens good friend, donor receives $20M federal loan to open foreign luxury car dealership in Ukraine
Published: 12:05 AM 08/17/2012
In late July, John Hynansky a longtime friend of Vice President Joe Biden, and a major donor to Bidens campaigns as well as President Barack Obamas was awarded a $20 million taxpayer loan to build a foreign-car dealership in Ukraine.
According to a public summary document, the loan, from the federal governments Overseas Private Investment Corporation, is for p to $20.0 million, and is designed to expand Winner Import Ukraines automobile business, [and] construct and operate Winner Autocity, which will have two new, state-of-the-art dealership facilities for Porsche and Land Rover/Jaguar automobiles.
Porsche is a German-made luxury and sports car, and Jaguar Land Rover is a British luxury and sports car company owned by an Indian subsidiary.
Read more: Biden's 'good friend,' donor receives $20M federal loan | The Daily Caller