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Politics : The Solyndra Scandal

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To: Wayners who wrote (471)5/29/2012 10:30:25 PM
From: joseffy3 Recommendations  Read Replies (2) of 1400
 
Romney Campaign Hits Obama on Solyndra

By Matt Vasilogambros May 29, 2012
nationaljournal.com

After weeks of getting hit on his business record at Bain Capital, Mitt Romney is flipping the script and attacking President Obama on his administration's performance helping green energy companies.

In its latest bruising Web video, the Romney campaign points to Solyndra, a solar energy company that filed for bankruptcy after receiving $535 million in loan guarantees from the federal government. The video points to several other companies, such as ECOtality and First Solar, that also lost money and cut jobs after receiving federal loan guarantees.

“More than $16 billion have gone to companies like Solyndra that are linked to big Obama and Democrat donors,” the narrator says. “Obama is giving taxpayer money to big donors, and then watching them lose it. Good for them. Bad for us.”

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