Congress proves Obama himself engineered $535 million taxpayer loss in Solyndra debacle

Coach is Right ^ | 8/5/2012 | Doug Book

[Oldpuppymax]

Though grudgingly provided and universally redacted, documents subpoenaed by Congress from the White House and the Office of Management and Budget now reveal that Barack Hussein Obama himself was responsible for manufacturing the loss of $535 million taxpayer dollars in the 2011 Solyndra bankruptcy.

In 2010, solar panel manufacturer Solyndra Inc. received $535 million in loan guarantees for “innovative technology” under the terms of Barack Obama’s federal stimulus plan. The fact that a Price Waterhouse audit filed earlier that year with the SEC showed Solyndra had lost $558 million during its first 5 years in business, boasted negative cash flow, had no profitable years and featured a “seriously flawed” business model didn’t seem to matter to White House Chief of Staff Rahm Emanuel who delighted Obama’s left-wing, environmentalist supporters by choosing the company as the president’s favorite green energy producer. (1)

But by early 2011, Solyndra was...

[SERKIT]

[Kudsman]

He built that.

[unixfox]

Congress proves Obama himself engineered $535 million taxpayer loss in Solyndra debacle

And....

[combat_boots]

$1,000,000 per Congressman/woman.

[bandleader]

Obviously,they(The DemonRats)are trying to reflect this SCANDAl away from Obama in order to get him re-elected!What better”ScapeGoat”than Rahm”DeadFish”??????????????????

[SunkenCiv]

Thanks Oldpuppymax.

[Pontiac]

What are the odds that Daley would keep the fact of this proposed, illegal restructuring to himself rather than get an official go-ahead from Barack Obama? Can anyone imagine Daley taking it upon himself to make a $535 million decision which could easily land him in a federal prison?

Of course he would.

Daley is a loyal Centurion of Barak Caesar. He would gladly fall on his sword for his master.

[hattend]

OPM

Obama doesn’t give an Obama