Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ClearCase_guy

At GM, the stockholders got screwed in favor of the gov’t.

At Solyndra, the taxpayer got screwed in favor of private investors who happen to be 0bama cronies.


5 posted on 09/16/2011 7:27:49 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: MrB
Well, I can see that -- and I'm not the sort who would defend Obama cronies, so I won't push the point. But I will say this --

Any legitimate business investors out there who see binding legal agreements put in place by a business -- agreements which are then brushed aside and abrogated by the federal government so that "the government" or "the taxpayer" can make out well -- legitimate business investors can see that chicanery and they will decide not to risk their capital until either 2013 or 2017.

Solyndra may be a bad example for me to use to make the case, but I think it is this sort of hijinx which prolong our economic downturn.

7 posted on 09/16/2011 7:41:35 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson