Solyndra; a bad investment

Discussion in 'Politics' started by LilOlLady, Aug 6, 2012.

  1. LilOlLady
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    LilOlLady Gold Member

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    SOLYNDRA; A BAD INVESTMENT

    It’s not like the Government never made bad investment before Solyndra. Obama’s loans to Wall Street, banks and auto industry paid off big time. It saved jobs and diverted a depression. And had he not done what he did unemployment would be way above 8.3% and that's a winner. Solyndra was a drop in the bucket compared to some of the bad investments Bush made. Two failed wars, tax cuts for the rich, his failed stimulus and bailouts that left a $5 trillion deficit of the tax payers money. Investing is always a gamble and with tax payers money. How much money is Romney’s tax cuts, tax loop holes and tax havens costing American tax payers? Legal tax evasion. Obama’s loan to Solyndra was a bad investment of the tax payers money but it was not illegal either.



    Radical Right Wing Extremist alway look at the glass of water as "half empty" instead of "half full." Obama got us over "half way" through economic recovery. According to history of economic recovery, we will never get below 6 or 7 per cent unemployment.



    I am a proud supporter of Obama. (Most of the time
     
  2. there4eyeM
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    there4eyeM unlicensed metaphysician

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    'W'ars are not an investment. They are simply an expenditure, something gone. Especially the precious lives of relatively innocent young people not yet wise enough to resist evil.
     
  3. LilOlLady
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    LilOlLady Gold Member

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    The 2008 Bush Bailouts — Republican Socialism!
    by Ben Hoffman

    No, not that stimulus. I’m talking about the Bush 1.632 trillion dollars in bailouts that occurred between March 2008 and October 2008.

    OMG! That’s socialism!!!
    OMG! They’re helping people buy homes they can’t afford!!!

    At least the Obama stimulus helped our economy and improved our infrastructure. With the exception of the stimulus check gimmick and the bailout of Fannie and Freddie, the Bush bailouts pretty much just helped corporations.

    DRUDGE RETORT | 2010 ... cialism-2/
     
  4. LilOlLady
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    LilOlLady Gold Member

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    For Halliburton and Blackwater it was. where is he oil we were supposed to get from Iraq?
     
  5. Jackson
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    Jackson Gold Member Supporting Member

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    It was more than a bad investment. Under the rules of bankruptcy, the taxpayers were supposed to be the first to be repayed under the policy written. But it was changed at the last minute and the Obama donors got their money back first. That, is cronyism.
     

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