Thursday, November 3, 2011

Obama's Green Energy Scam That We Will Pay Dearly For

President Obama spent $535 million of taxpayer stimulus money to prop up Solyndra, a solar panel company run by his political campaign contributors. Even though Department of Energy and White House staffers warned that the company's business model would never work, the loan was rushed out the door anyway. Now that Solyndra has gone belly up, taxpayers are left holding the bill. There are more dirty deals in the making, details to come.

1 comment:

Glenn Raymond said...

We have been paying for these green energy boodoggles since Jimmy Carter, it is just that they have become 1000 times more corrupt than ever before. It is time we realize that government cannot finance private enterprize, it will always be perverse and immoral.