Romney's Solyndra Hypocrisy

[J.E.D]

Investment skeletons hiding inside Mitt’s closets - BostonHerald.com

GOP presidential hopeful Mitt Romney has hammered President Obama for his administration’s tax-funded investment blunders — but when Romney was governor, the state handed out $4.5 million in loans to two firms run by his campaign donors that have since defaulted, leaving taxpayers holding the bag.

The two companies — Acusphere and Spherics Inc. — stiffed the state on nearly $2.1 million in loans provided through the state’s Emerging Technology Fund, a $25 million investment program created while Romney was governor in 2003 that benefitted 13 local firms.

Acusphere, a biotechnology firm headed by a Romney campaign donor, got $2 million in 2004 that it was supposed to put toward a $20 million manufacturing facility in Tewksbury, which never became fully operational. Calls to Acusphere’s headquarters in Lexington were not returned.

Spherics Inc., meanwhile, was lured from Rhode Island to Mans–field with much fanfare from the Romney administration, partly through a $2 million loan in 2005. By 2008, the company laid off all employees and completely shut down. The state received about $300,000 when the company liquidated its assets, but the firm defaulted on more than $1.5 million of the state loan, Abbruzzese said.

 

[naturegirl]

Investment skeletons hiding inside Mitt’s closets - BostonHerald.com

GOP presidential hopeful Mitt Romney has hammered President Obama for his administration’s tax-funded investment blunders — but when Romney was governor, the state handed out $4.5 million in loans to two firms run by his campaign donors that have since defaulted, leaving taxpayers holding the bag.

The two companies — Acusphere and Spherics Inc. — stiffed the state on nearly $2.1 million in loans provided through the state’s Emerging Technology Fund, a $25 million investment program created while Romney was governor in 2003 that benefitted 13 local firms.

Acusphere, a biotechnology firm headed by a Romney campaign donor, got $2 million in 2004 that it was supposed to put toward a $20 million manufacturing facility in Tewksbury, which never became fully operational. Calls to Acusphere’s headquarters in Lexington were not returned.

Spherics Inc., meanwhile, was lured from Rhode Island to Mans–field with much fanfare from the Romney administration, partly through a $2 million loan in 2005. By 2008, the company laid off all employees and completely shut down. The state received about $300,000 when the company liquidated its assets, but the firm defaulted on more than $1.5 million of the state loan, Abbruzzese said.

And how many Obama funded companies have gone under?? Ya think he might have learned from Mitt's so called "failures"?? Mitt isn't governor of MA any more. With a little common sense in the voting booth Obama won't be the POTUS any more either.

 

[J.E.D]

And how many Obama funded companies have gone under?? Ya think he might have learned from Mitt's so called "failures"?? Mitt isn't governor of MA any more. With a little common sense in the voting booth Obama won't be the POTUS any more either.

Not surprisingly, you have missed (or is it ignored) the point. Romney wants to talk about Solyndra? Ok. Let's look at what HE did as gov of MA. Oh look there. He invested tax payer money in companies that failed.

I must have missed the part where a politician's political record isn't fair game.

You can't talk about Bain; it's not fair. You can't talk about his time as gov of MA; it's not fair.

 

[naturegirl]

Ok, let's talk about Obama's failed policies. Your turn.

 

[Mr.Nick]

Investment skeletons hiding inside Mitt’s closets - BostonHerald.com

GOP presidential hopeful Mitt Romney has hammered President Obama for his administration’s tax-funded investment blunders — but when Romney was governor, the state handed out $4.5 million in loans to two firms run by his campaign donors that have since defaulted, leaving taxpayers holding the bag.

The two companies — Acusphere and Spherics Inc. — stiffed the state on nearly $2.1 million in loans provided through the state’s Emerging Technology Fund, a $25 million investment program created while Romney was governor in 2003 that benefitted 13 local firms.

Acusphere, a biotechnology firm headed by a Romney campaign donor, got $2 million in 2004 that it was supposed to put toward a $20 million manufacturing facility in Tewksbury, which never became fully operational. Calls to Acusphere’s headquarters in Lexington were not returned.

Spherics Inc., meanwhile, was lured from Rhode Island to Mans–field with much fanfare from the Romney administration, partly through a $2 million loan in 2005. By 2008, the company laid off all employees and completely shut down. The state received about $300,000 when the company liquidated its assets, but the firm defaulted on more than $1.5 million of the state loan, Abbruzzese said.

Don't confuse loans with bailouts or grants...

I don't like Romney one bit but he is the lesser of the two evils......

Our government isn't a fucking bank.........

 

[Conservative]

Investment skeletons hiding inside Mitt’s closets - BostonHerald.com

GOP presidential hopeful Mitt Romney has hammered President Obama for his administration’s tax-funded investment blunders — but when Romney was governor, the state handed out $4.5 million in loans to two firms run by his campaign donors that have since defaulted, leaving taxpayers holding the bag.

The two companies — Acusphere and Spherics Inc. — stiffed the state on nearly $2.1 million in loans provided through the state’s Emerging Technology Fund, a $25 million investment program created while Romney was governor in 2003 that benefitted 13 local firms.

Acusphere, a biotechnology firm headed by a Romney campaign donor, got $2 million in 2004 that it was supposed to put toward a $20 million manufacturing facility in Tewksbury, which never became fully operational. Calls to Acusphere’s headquarters in Lexington were not returned.

Spherics Inc., meanwhile, was lured from Rhode Island to Mans–field with much fanfare from the Romney administration, partly through a $2 million loan in 2005. By 2008, the company laid off all employees and completely shut down. The state received about $300,000 when the company liquidated its assets, but the firm defaulted on more than $1.5 million of the state loan, Abbruzzese said.

never fully operational, eh? Explain then why they relocated ALL manufacturing there in 2009 when they had other financial issues?
Acusphere slashes staff as funding flounders

The action will result in 40 employees losing their jobs in the next few weeks, with the remaining staff relocating to the company’s manufacturing facility in Tewksbury, Massachusetts, US.

 

[GoneBezerk]

Yeah, Obamination blowing more money on Solyndra is nothing compared to this...

Investment skeletons hiding inside Mitt’s closets - BostonHerald.com

GOP presidential hopeful Mitt Romney has hammered President Obama for his administration’s tax-funded investment blunders — but when Romney was governor, the state handed out $4.5 million in loans to two firms run by his campaign donors that have since defaulted, leaving taxpayers holding the bag.

The two companies — Acusphere and Spherics Inc. — stiffed the state on nearly $2.1 million in loans provided through the state’s Emerging Technology Fund, a $25 million investment program created while Romney was governor in 2003 that benefitted 13 local firms.

Acusphere, a biotechnology firm headed by a Romney campaign donor, got $2 million in 2004 that it was supposed to put toward a $20 million manufacturing facility in Tewksbury, which never became fully operational. Calls to Acusphere’s headquarters in Lexington were not returned.

Spherics Inc., meanwhile, was lured from Rhode Island to Mans–field with much fanfare from the Romney administration, partly through a $2 million loan in 2005. By 2008, the company laid off all employees and completely shut down. The state received about $300,000 when the company liquidated its assets, but the firm defaulted on more than $1.5 million of the state loan, Abbruzzese said.

 

[J.E.D]

Ok, let's talk about Obama's failed policies. Your turn.

Sorry, this thread is about Romney's hypocrisy on Solyndra and his utter failure as a governor.

 

[Remodeling Maidiac]

And how many Obama funded companies have gone under?? Ya think he might have learned from Mitt's so called "failures"?? Mitt isn't governor of MA any more. With a little common sense in the voting booth Obama won't be the POTUS any more either.

Not surprisingly, you have missed (or is it ignored) the point. Romney wants to talk about Solyndra? Ok. Let's look at what HE did as gov of MA. Oh look there. He invested tax payer money in companies that failed.

I must have missed the part where a politician's political record isn't fair game.

You can't talk about Bain; it's not fair. You can't talk about his time as gov of MA; it's not fair.

You can't talk about Obama, he isn't white.

 

[Remodeling Maidiac]

Ok, let's talk about Obama's failed policies. Your turn.

Sorry, this thread is about Romney's hypocrisy on Solyndra and his utter failure as a governor.

So he equals Obamas failure.

Yawn

 

[J.E.D]

Ok, let's talk about Obama's failed policies. Your turn.

Sorry, this thread is about Romney's hypocrisy on Solyndra and his utter failure as a governor.

So he equals Obamas failure.

Yawn

So, you agree, Romney is a failure. Thanks

 

[Remodeling Maidiac]

Sorry, this thread is about Romney's hypocrisy on Solyndra and his utter failure as a governor.

So he equals Obamas failure.

Yawn

So, you agree, Romney is a failure. Thanks

That loan obviously was. Your point is?

 

[J.E.D]

So he equals Obamas failure.

Yawn

So, you agree, Romney is a failure. Thanks

That loan obviously was. Your point is?

Romney criticizing Obama for giving a loan to a company that ended up going under is like, the pot calling the kettle, black.

 

[Remodeling Maidiac]

So, you agree, Romney is a failure. Thanks

That loan obviously was. Your point is?

Romney criticizing Obama for giving a loan to a company that ended up going under is like, the pot calling the kettle, black.

Somewhat but its no different than Obama talking shit about Romney transporting a dog on a car when he ate one now is it?

 

[rdean]

And how many Obama funded companies have gone under?? Ya think he might have learned from Mitt's so called "failures"?? Mitt isn't governor of MA any more. With a little common sense in the voting booth Obama won't be the POTUS any more either.

Not surprisingly, you have missed (or is it ignored) the point. Romney wants to talk about Solyndra? Ok. Let's look at what HE did as gov of MA. Oh look there. He invested tax payer money in companies that failed.

I must have missed the part where a politician's political record isn't fair game.

You can't talk about Bain; it's not fair. You can't talk about his time as gov of MA; it's not fair.

And you can't talk about his religion.

And you clan't talk about when he put his dog on the roof of his car for a 12 hour drive to Canada and after the poor thing shit itself in terror, it ran away.

And you can't talk about the shy, quiet kid Mitt got 5 other guys to tackle so he couldn't fight back when Mitt assaulted him because Mitt decided he didn't "approve" of the way the terrified kid looked.

And you can't talk about the six hundred million dollar of tax payer money Mitt received from the Republican Senate to "save" the Olympics. Who owns all that property outside of Salt Lake City, in Utah. Funny how that worked out.

And you can't talk about Mitt saying his sons were already doing something important, helping him get elected when asked why none of his sons were ever in the Military when Mitt was such a strong supporter of Iraq.

You can't talk about the government money Mitts companies received.

You can't talk about Mitt saying he marched with Dr. Martin Luther King Jr.

You can't talk about Mitt's fundraiser at the mansion of Phil Frost, the maker of the "morning after" abortion pill.

It's not "fair" to talk about these things. It's just not "fair".

 

[rdean]

That loan obviously was. Your point is?

Romney criticizing Obama for giving a loan to a company that ended up going under is like, the pot calling the kettle, black.

Somewhat but its no different than Obama talking shit about Romney transporting a dog on a car when he ate one now is it?

Obama was given dog to eat as a small child in a foreign country where it's normal.

Romney broke the law abusing the family pet and then either he or is two sons lied. Romney said he gave it to his sister which was a total surprise to her. His sons say it ran off as soon as the door was opened.

See, the two stories are EXACTLY the same.

But only in the tiny, twisted mind residing in that little pointed head.

 

[Lakhota]

Mitt Romney said he "actually cut" spending as Massachusetts governor - Politifact

How Romney and Bain Capital Bankrupted One Firm, Fired All its Workers, and Pocketed $100 Million | | AlterNet

 

[Remodeling Maidiac]

Romney criticizing Obama for giving a loan to a company that ended up going under is like, the pot calling the kettle, black.

Somewhat but its no different than Obama talking shit about Romney transporting a dog on a car when he ate one now is it?

Obama was given dog to eat as a small child in a foreign country where it's normal.

Romney broke the law abusing the family pet and then either he or is two sons lied. Romney said he gave it to his sister which was a total surprise to her. His sons say it ran off as soon as the door was opened.

See, the two stories are EXACTLY the same.

But only in the tiny, twisted mind residing in that little pointed head.

Just shut up. You know I can't neg you twice in one day.

 

[OohPooPahDoo]

Investment skeletons hiding inside Mitt’s closets - BostonHerald.com

GOP presidential hopeful Mitt Romney has hammered President Obama for his administration’s tax-funded investment blunders — but when Romney was governor, the state handed out $4.5 million in loans to two firms run by his campaign donors that have since defaulted, leaving taxpayers holding the bag.

The two companies — Acusphere and Spherics Inc. — stiffed the state on nearly $2.1 million in loans provided through the state’s Emerging Technology Fund, a $25 million investment program created while Romney was governor in 2003 that benefitted 13 local firms.

Acusphere, a biotechnology firm headed by a Romney campaign donor, got $2 million in 2004 that it was supposed to put toward a $20 million manufacturing facility in Tewksbury, which never became fully operational. Calls to Acusphere’s headquarters in Lexington were not returned.

Spherics Inc., meanwhile, was lured from Rhode Island to Mans–field with much fanfare from the Romney administration, partly through a $2 million loan in 2005. By 2008, the company laid off all employees and completely shut down. The state received about $300,000 when the company liquidated its assets, but the firm defaulted on more than $1.5 million of the state loan, Abbruzzese said.

And how many Obama funded companies have gone under?? Ya think he might have learned from Mitt's so called "failures"?? Mitt isn't governor of MA any more. With a little common sense in the voting booth Obama won't be the POTUS any more either.

I like how in rightie land no one is accountable for anything they did in office as soon as they leave office. Yet at the same time they consider extensive experience in office to be a pre-requisite for the Presidency.

How can that be? Are you guys just a bunch of hacks?

Would you rightie ever consider being consistent for a change?

 

[CaféAuLait]

And how many Obama funded companies have gone under?? Ya think he might have learned from Mitt's so called "failures"?? Mitt isn't governor of MA any more. With a little common sense in the voting booth Obama won't be the POTUS any more either.

Not surprisingly, you have missed (or is it ignored) the point. Romney wants to talk about Solyndra? Ok. Let's look at what HE did as gov of MA. Oh look there. He invested tax payer money in companies that failed.

I must have missed the part where a politician's political record isn't fair game.

You can't talk about Bain; it's not fair. You can't talk about his time as gov of MA; it's not fair.

And you can't talk about his religion.

And you clan't talk about when he put his dog on the roof of his car for a 12 hour drive to Canada and after the poor thing shit itself in terror, it ran away.

And you can't talk about the shy, quiet kid Mitt got 5 other guys to tackle so he couldn't fight back when Mitt assaulted him because Mitt decided he didn't "approve" of the way the terrified kid looked.

And you can't talk about the six hundred million dollar of tax payer money Mitt received from the Republican Senate to "save" the Olympics. Who owns all that property outside of Salt Lake City, in Utah. Funny how that worked out.

And you can't talk about Mitt saying his sons were already doing something important, helping him get elected when asked why none of his sons were ever in the Military when Mitt was such a strong supporter of Iraq.

You can't talk about the government money Mitts companies received.

You can't talk about Mitt saying he marched with Dr. Martin Luther King Jr.

You can't talk about Mitt's fundraiser at the mansion of Phil Frost, the maker of the "morning after" abortion pill.

It's not "fair" to talk about these things. It's just not "fair".

And you can't talk about his religion.

And you can’t talk about Obama’s decision to stay with God Damn America Wright who reprinted Hamas Terriost Manifestos in his Church Bulletin. Obama was never there and never saw such. Please!


And you can't talk about the shy, quiet kid Mitt got 5 other guys to tackle so he couldn't fight back when Mitt assaulted him because Mitt decided he didn't "approve" of the way the terrified kid looked.

Strange that Obama drugs use as a high schooler is waved off as things dumb kids do, but not the same for Mitt.

And you can't talk about the six hundred million dollar of tax payer money Mitt received from the Republican Senate to "save" the Olympics. Who owns all that property outside of Salt Lake City, in Utah. Funny how that worked out.

And we can’t talk about all the passes Obama has given Unions so they won’t have to pay the mandate for HC. Or the fact he said he would not hire lobbyists but does. This list could go on forever.

And you can't talk about Mitt saying his sons were already doing something important, helping him get elected when asked why none of his sons were ever in the Military when Mitt was such a strong supporter of Iraq.

Why the heck this is an issue is beyone me. Mitt can’t force his children to serve and he should not.

You can't talk about the government money Mitts companies received.

You can’t talk about all the money Obama got from special interests after he said he would not.

You can't talk about Mitt saying he marched with Dr. Martin Luther King Jr.

And we can’t talk about Obama’s claims he was born as a result of Selma.

You can't talk about Mitt's fundraiser at the mansion of Phil Frost, the maker of the "morning after" abortion pill.

You can’t talk about the fact the Obama’s political coming out party was held at two terrorists home. ( Dhorn and Ayers)

It's not "fair" to talk about these things and its racist! GMAB! LOL