Posted on 10/14/2011 11:53:01 AM PDT by matthewreporter
At Friday’s Solyndra hearing, an Obama administration Treasury Department official admitted that he’s never heard of taxpayer money being subordinate to outside commercial firms.
That means the Obama administration is admitting it’s awfully suspicious that investors like George Kaiser’s firms and others got their cash back when Solyndra failed, but the taxpayers ended up on the hook for the $535 million the Department of Energy promised it via a loan guarantee.
(Excerpt) Read more at thedc.com ...
Barry says we can absorb it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.