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To: NoLibZone
A $69 million loan this spring from the company's private investors will be repaid before taxpayers get their money back, according to a creditors' agreement cited in the bankruptcy filing.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/09/06/BUF81L0R1P.DTL#ixzz1XDZddqO4

That's a hell of a deal for Obama money bundler George Kaiser, isn't it? Invest tens of millions in a company, have the government build it for you, and when it fails, you're first in line to get your money back while the taxpayers eat the loss. I'd like that type of deal. Invest my money in new technologies, have the government fund the lion's share of the costs, and if it fails I get my money back. If it doesn't fail, I see my investment skyrocket, while the government only gets its loan back. I want hearing on this, and I want to know where the money went and who gave this the green light.

7 posted on 09/06/2011 4:31:27 PM PDT by Carling (DeMint to Obama: I want to read the bill, not listen to talking points off a TelePrompter.)
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To: Carling
The Obama Casino is only open for his special friends and supporters. Bet all you want and enjoy your winnings. If you lose? Not a problem because you receive a 100% refund on all losing bets. Sweet!
36 posted on 09/06/2011 5:15:31 PM PDT by JPG (Palin '12)
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