Posted on 12/04/2015 4:24:41 PM PST by E. Pluribus Unum
Back in 2009 the Obama administration gave $535 million in taxpayer funds to the company Solyndra. They claimed at the time that it would create 4,000 new jobs. Instead, the company went bankrupt.
It was later learned that the companyâs shareholders and executives had made substantial donations to Obamaâs campaign. In addition, the company had spent large sums of money on lobbying and Solyndra executives had a number of meetings with White House officials.
In 2010, Obama visited the Solyndra factory and cited it as a role model for his âstimulusâ program, saying âItâs here that companies like Solyndra are leading the way toward a brighter and more prosperous future.â Sounds good, but according to the companyâs security filings in 2009, the company had been selling its product for less than the cost of production.
According to a piece by the Washington Post, âAdministration officials and outside advisers warned that President Obama should consider dropping plans to visit a solar startup company in 2010 because its mounting financial problems might ultimately embarrass the White House.â
(Excerpt) Read more at conservativeamerica-online.com ...
Impeached for funneling tax dollars to donors? You would have to impeach everyone in DC.
The fifth-column leftist media and the gutless coward House buttboys will make sure nothing is done about any impeachable offenses.
NOTHING embarrasses this White House.
Just because the man is both incompetent and corrupt, does not mean everything he does is both incompetent and corrupt at the same time.
They could have give around $125,000 to each person instead.
Under the ruse of, or ‘under the guise of’? I guess I’m old school journalism.
It's like dealing with a riot. Grab the first rioters you come across; break heads; make arrests, and don't worry about the ones who get away.
As I recall, there were also more than a few objections to how the company was liquidated in bankruptcy, with money that should have been going to creditors and investors, going to the company executives, or just plain missing.
Mark
I really thought that nothing could possibly be worse than the way BJ Clinton ignored the laws, but Barky and his thuggish posse have taken it to a whole new, incredibly lawless level.
Mark
When you have the media and Republican leadership on your side, you can do whatever the heck you want.
How about giving aid and comfort to the enemies of America?
As long as there are 34 Democrat senators, Obama is simply unimpeachable. There’s no sense even trying at this late date.
The UNI-PARTY has each other’s backs.
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