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

    08/05/2012 10:03:08 AM PDT · by Oldpuppymax · 8 replies
    Coach is Right ^ | 8/5/2012 | Doug Book
    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,...