Posted 5 years ago on Nov. 9, 2012, 2:21 p.m. EST by Justoneof99
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Who lost? The working class who are paying for Obama kickbacks to big campaign donors: Obama gave $535 million to Solyndra; the company went bankrupt and left a toxic waste site at its abandoned facility in Milpitas, CA. Obama gave Raser Technologies $33 million; the company declared bankruptcy and owes $1.5 million in back taxes. Obama gave Abound Solar, Inc. a $400 million loan guarantee to build photovoltaic panel factories; the company halted production and laid off 180 employees. Obama gave Beacon Power a $43 million loan guarantee to build green energy storage; filed for bankruptcy. Obama approved $2.1 billion in loan guarantees for Solar Trust of America: filed for bankruptcy. 71% of these grants went to Obama donors & fundraisers, who raised $457,834 for his campaign, and were then approved for grants/ loans totaling more than $11 billion. The Energy Department’s inspector general has begun more than 100 criminal investigations related to Obama’s stimulus. Who lost? We lost.