RELH
Long Time Member
- Messages
- 17,483
Most members on here recall the 500 million loan made by the Obama Admistration to the "go green" Solyndra Corp. After getting the loan they filed bankruptcy and the tax payers were the losers.
It appears that the lost 500 milion may become chump change based on a news story that CBS news is conducting. There is another 12 companies out there that was given loans by the Obama Adminstration to shore them up and support Obama's enviroment go green policy.
It is appearing that these 12 companies are in financial trouble and there is a good chance they also can go belly up and file bankruptcy as Solyndra did recently. If they do, it will not be chump change. The loans totaled 6.5 billion dollars.
Is the Obama adminstration so incompetent that they overlooked doing a study of the companies to avoid a financial fiasco, or was favortism involved in giving these loans?? Or was it a combination of both being incompetent and favortism??
When will this adminstration be able to point to a real positive thing they did that helped the citizens of this country and not just give us lip service and B.S. on what they have accomplished with their agenda or policies?
I wonder if these companies fail as did Solyndra, and they lay off thousands of workers, if this adminstration will hide those figures with some more creative stats as they have been doing on the employment figures.
RELH
It appears that the lost 500 milion may become chump change based on a news story that CBS news is conducting. There is another 12 companies out there that was given loans by the Obama Adminstration to shore them up and support Obama's enviroment go green policy.
It is appearing that these 12 companies are in financial trouble and there is a good chance they also can go belly up and file bankruptcy as Solyndra did recently. If they do, it will not be chump change. The loans totaled 6.5 billion dollars.
Is the Obama adminstration so incompetent that they overlooked doing a study of the companies to avoid a financial fiasco, or was favortism involved in giving these loans?? Or was it a combination of both being incompetent and favortism??
When will this adminstration be able to point to a real positive thing they did that helped the citizens of this country and not just give us lip service and B.S. on what they have accomplished with their agenda or policies?
I wonder if these companies fail as did Solyndra, and they lay off thousands of workers, if this adminstration will hide those figures with some more creative stats as they have been doing on the employment figures.
RELH
