cammando Posted September 2, 2011 Posted September 2, 2011 Just a mere 535 million this time...http://news.yahoo.com/solyndras-bankruptcy-political-catastrophe-obama-132200673.html
Clyde Posted September 2, 2011 Posted September 2, 2011 Is your issue with giving money to help companies or is your issue that he picked the wrong one?
Clyde Posted September 2, 2011 Posted September 2, 2011 Has he picked a right one yet ?? That didn't answer my question.
Trinity alum Posted September 2, 2011 Posted September 2, 2011 Has he picked a right one yet ?? Um, General Motors comes to mind.
cammando Posted September 2, 2011 Author Posted September 2, 2011 The bail out did NOT save GM... The bankruptcy did..
Trinity alum Posted September 2, 2011 Posted September 2, 2011 The bail out did NOT save GM... The bankruptcy did.. Yeah, right. After the actions of the Bush and Obama administrations saved the economy from going into depression it is easy enough for those with a political agenda to say it wasn't going to happen. You are wrong. We would have lost GM, Chrysler and Ford without the strong actions of the Obama administration.
Bluegrasscard Posted September 2, 2011 Posted September 2, 2011 Um, General Motors comes to mind. The government forced it into bankruptcy and then gave half to the UAW and then IPOed a 'new' company. Wiping out the old investors and rewarding the union with ownership. Look at the current GM stock prices and compare it to the IPO price. The government whats to get rid of its remaining ownership. I can only do that by taking an big loss that translates into more tax/stimulus dollars lost and wasted. GM may still fail completely. If GM is the high water mark of success that explains a lot.
75center Posted September 2, 2011 Posted September 2, 2011 Just a mere 535 million this time...http://news.yahoo.com/solyndras-bankruptcy-political-catastrophe-obama-132200673.html I shudder to think what other companies are out there in a similar circumstance.
FarBeyondDriven Posted September 2, 2011 Posted September 2, 2011 Yeah, right. After the actions of the Bush and Obama administrations saved the economy from going into depression it is easy enough for those with a political agenda to say it wasn't going to happen. You are wrong. We would have lost GM, Chrysler and Ford without the strong actions of the Obama administration.Everyone repeat after me: Government-CANNOT-create-jobs.
75center Posted September 8, 2011 Posted September 8, 2011 This story is really starting to stink it up. FBI is investigating them, large donations from the company's leaders, multiple WH meetings leading up to the loan. This could get ugly. http://dailycaller.com/2011/09/08/solyndra-officials-made-numerous-trips-to-the-white-house-logs-show/
cammando Posted September 8, 2011 Author Posted September 8, 2011 More Chicago style politics.. Millions of the stimulus dollars are returning to Obama as "campaign donations".
75center Posted September 8, 2011 Posted September 8, 2011 I'll admit I didn't think it was much of a story when it first came out but with the relationship seeming to be cozier than indicated I have to wonder where this will lead.
FarBeyondDriven Posted September 8, 2011 Posted September 8, 2011 I'll admit I didn't think it was much of a story when it first came out but with the relationship seeming to be cozier than indicated I have to wonder where this will lead. Doubt it will lead anywhere in the eyes of the mainstream media.
cammando Posted September 14, 2011 Author Posted September 14, 2011 We may be hearing more about it. http://www.wnd.com/index.php?fa=PAGE.view&pageId=344833
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