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Originally Posted by Riot
Oh, it will be a pleasure to vote all of these losers out of office
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The loan was never approved by the Energy Department, but Upton’s advocacy for United Solar stands in contrast to his recent skepticism about the government’s clean-energy loan guarantee program.
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Perhaps if a guy like George Kaiser, Obama's billionaire fundraiser, was a lead investor, like he was for Solyndra, it would have been approved like Solyndra was. Seventeen visits to the White House and Solyndra was never discussed.
Don't get me wrong, I'm glad the loan wasn't approved, however it appears that the Auburn Hills company outlasted Solyndra despite a $500 billion disadvantage.
The Fed is broke it does not need to be loaning or giving anyone, anything. Period!