Solyndra was Congresses fault or maybe China... Could have been Bush.

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S. Lindsey
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Obama Takes Credit, Then Shifts Blame On Solyndra
"In an interview with Marketplace.org (full audio), President Obama defends using U.S. taxpayer money to invest in solar energy projects. During the interview, Obama was asked about Solyndra, one of the more well-known solar panel companies that failed after receiving a loan guarantee from the Department of Energy.

However, Obama told Marketplace that “this was not our program.” Obama attempts to make the case that this falls on the lap of Congress because they put together the loan guarantee program."

http://www.realclearpolitics.com/video/2012/03/22/rnc_web_ad_obama_takes...

A demonstrability provable LIE.

"President Obama said Thursday that his administration has loaned billions to start-up high tech firms like the now-bankrupt solar firm Solyndra based not on political influence, but "on the merits." ABC News October 6 2011

Official White House Video Praises Solyndra as a Recovery Act Success Story...
http://www.youtube.com/watch?v=0lVKTmLMV_M&feature=player_embedded

Obama Administration Officials Sat In On Bankrupt Solar Company's Board Meetings
http://www.businessinsider.com/obama-administration-officials-sat-in-on-...
"The company was a favorite of President Barack Obama's, who visited the company after it received the "green jobs" loan. Early investors in Solyndra are linked to billionaire George Kaiser, a major Obama donor."

Yep it was somebody else's fault. Can we hurry up and get someone, anyone that has the stones enough to admit they are wrong when it's been proven over and over and over again that he was.

S. Lindsey
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Another half Billion dollars gone...Car maker goes belly-up

GOV’T-SUBSIDIZED COMPANY GOES THROUGH ANOTHER ROUND OF LAYOFFS: PLANT IS ‘ABSOLUTELY EMPTY’

"An electric car manufacturer that was awarded more than half a billion dollars in loan guarantees from the Department of Energy has gone through a second round of layoffs.

“On Friday, Delaware Online reports, 12 more workers — including engineers and maintenance technicians — were laid off at [Fisker’s Delaware plant], leaving ‘only a small maintenance team’ left there,” Sebastian Blanco writes for AOL autoblog."

When are they going to learn.... we have to make a change in November.

S. Lindsey
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Government creates job at $16 Million per....

"DOE announced a $737 million loan guarantee to help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve.

The Energy Department said the project will result in 600 construction jobs and 45 permanent jobs."

That's 45 permanent jobs for a $737 Million dollar investment.

One of the real interesting facts is that "Drain the Swamp" Pelosi has ties to the Company receiving the "loan".

Her brother Ron Pelosi is on the board of the ***GASP*** investment partner, no not Bain Capital, but Pacific Corporate Group.

It seems if you are a campaign bundler or a member of the inner circle of the Obama Administration "loans" just flow out to your "friends".

The only people making money in the economy seems to be the cronies of this Administration.