I know if you watch MSNBC in the evenings you probably have no idea what is going on:

http://www.newsbusters.org/blogs/noe...lyndra-scandal

But this deal was pretty crappy for the taxpayers. Now it is being reported that White House admin reworked the $500+ million loan to make sure the Democratic donors got paid first in case of bankruptcy. Good grief.

http://www.ajc.com/news/nation-world...a-1182334.html

Move along, nothing to see here

 

S-screwed
O-over
L-like
Y-you
N-never
D-dreamed
R-really?
A- America!

But the Obama administration had nothing to do with this........................just like they didn't know about fast and furious.

This clown has got to go!

 

You post this fact, as if Solyndra is the only topic it applies to

 

This is an especially egregious example of crony capitalism brought to you by the Democratic Party.

Gotta love it when the government picks winners and losers, most likely based on campaign contributions.

So how much did Solyndra, its execs and its investors donate to the Dems? If it was $500,000, they got 1,000+ times that much back in taxpayer money. Maybe that was the purpose of creating Solyndra all along?

I know, $500+ million of waste is just a drop in the bucket compared to how far in the hole this country is. But it makes me wonder how many pint sized versions of Solyndra are out there that we will never hear about.

 

This just begs the question, how many of you are so stupid that if someone gave you $500,000,000.00 dollars, that a year later you'd be broke? This was not money given to a large company like GM or IBM or AT&T where this would be small potatoes. This was a fairly small concern which was already having financial issues but with a half a billion dollar infusion of bucks. No folks, there's a lot more here than a complete idiot running a company into the ground.

 

Easy answer, machine politics. Perfected by Chicago, where the POTUS learned his political trade at.

This is what normally goes on in Chicago, the country is in shock that this is going on. IL has a higher conviction rate on governors than murders ( 50% - 42% ).
It started day one with the additional Czar positions that were duplicated across each other.
These were not positions by the POTUS figuring out how to remove the power from voters and congress ( as reported back in 2009 ), they were no show jobs.
Pay back for favors owed.

Change.... you bet ya change.
You have not seen political corruption until you have fully implemented machine politics, and it is not even close to fully implemented in DC yet, it is going to get worse if another 4 years is awarded to the POTUS. Rostenkowski ring a bell to anyone ? I am going to guess no, as it is a Chicago story.
Read up on his antics and you will start to get an idea of how things work in Chicago.
Chicago had to stop investigating judges, they could not replace them as fast as they indited them.

Hope and Change, he did not lie.
He hoped to get elected so he could change how little corruption DC had to date.

 

What is scary is that Solyndra is one instance of the state doing favors that we know of. I wonder how many more of these favors exist that we will never find out about.

 

Looks like the execs will be pleading the 5th.....good times.