Solyndra….How’d That Happen Mr. President?

13 09 2011

An interesting story is unfolding about Solyndra, a clean energy, “green jobs” company touted by Obama. They received a $535 million loan from Obama’s administration at a sweetheart rate of 1.025% quarterly. Then they shut their doors suddenly in August, leaving 1,000 “green jobs” workers out of work. Part of their bankruptcy filing would pay one of Obama’s donors FIRST before the government loan is repaid.

So to recap: Obama appears to have taken care of a donor by giving his company government money, which he took, and ran, and will get paid back first before taxpayers do.

Good story outline here.




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