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Oct 3, 2011 | Posted by: roboblogger

Obama: No regrets about Solyndra loan

Full story: KSRO-AM Santa Rosa

President Barack Obama said Monday he does not regret a $528 million loan to a solar energy company that later collapsed, saying officials always knew a clean energy loan program would not back winners 100 percent of the time.

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Armup

Cheshire, CT

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#1
Oct 3, 2011
 

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P.O.S padding the pockets of his friends and supporters while screwing the majority of American taxpayers. The THIEF and chief...
VN Vet

Hopewell, VA

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#2
Oct 3, 2011
 

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Odumbo will say"I have no regrets making the USA a third wourld country, because that is what I wanted to do, sucka." He needs to be impeached and thrown in jail for not upholding his oath of office.
Jamse D Morrison

Donora, PA

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#3
Oct 3, 2011
 

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Of course he has no regrets. Not his f'n money. You see that tard in NYC whining to the FOX reporter that the loss of a half billon to Solyndra is no big deal but he is crying that the rich don't pay enough taxes to support his welfare suckin azz! BHO should be impeached and jailed and his Dem pals know it.
Joe

Orlando, FL

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#4
Oct 3, 2011
 

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My God the man is insane.

Since: Feb 07

Location hidden

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#5
Oct 3, 2011
 

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Armup wrote:
P.O.S padding the pockets of his friends and supporters while screwing the majority of American taxpayers. The THIEF and chief...
What an ego. The bear is looking at our plate.
http://ca.news.yahoo.com/russias-putin-says-w...

“Hang 'em High”

Since: Sep 11

Commie Fake, Phony, & Fraud

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#6
Oct 3, 2011
 

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Does it get any more damning? The kenyan's a despicably corrupt sack of shit.
________

From: http://www.topix.net/forum/us/politics/TD1FMH...


TOP OBAMA FUNDRAISER OK’ED SOLYNDRA LOAN

Oct 2, 2011


Who arranged the Solyndra loan? A top Obama fund raiser named Steven J. Spinner who, according to ABC, worked to “pick and select fantastic projects” for DOE to fund. During the campaign, he was responsible for raising at least half a million dollars for Obama. Now, he told associates that he “helped oversee the more than $100 billion of loan guarantee and direct lending authority” for DOE’s green-energy lending program.

And what a coincidence! Spinner’s wife, Allison’s law firm Wilson, Sonsini, Goodrich & Rosati got $2.4 million in legal fees to handle the legal work in connection with the Solyndra loan.

The fact is that the Solyndra scandal is just the tip of the iceberg. Much of the DOE green energy lending program is a scam. It is a slush fund of pork for paying back campaign contributors. Top Obama bundler George Kaiser was the chief investor in Solyndra.

The Democrats are digging in to continue the lending program because the firms that have already gotten loans can’t pay them back unless the welfare continues to flow. If it is shut off, they risk having dozens of Solyndras to explain away, each with its own sordid history of campaign donations and special influence.

When the Republicans in the House demanded the termination of the $1.5 billion lending program to offset the extra money the Federal Emergency Management Agency (FEMA) needed. The GOP conservatives did not want the FEMA money to add to the deficit. But the Senate is fighting like crazy against the cut, even going to the lengths of threatening a government shutdown over the issue. They need to keep the funding so the firms don’t embarrass them and add to the taxpayers’ losses.

The Solyndra scandal is a gift that keeps on giving. It shows that not only was Obama’s stimulus package and baloney about green jobs a fraud but that it was also good old Chicago politics at work.

And the entire concept of the loan program is bogus. How can you make an energy company that is not viable work by lending it money? If the program can generate energy at competitive prices, why would it need federal aid? And, if it can’t, how would it ever be able to repay the federal loan?

Indeed, giving a company a federal loan realistically precludes private financing unless the federal loan is subordinated to private financing in the loan agreement, an arrangement which – as it did in the case of Solyndra leads to the massive fleecing of the taxpayer.


Obama = Fraud!

“Hang 'em High”

Since: Sep 11

Commie Fake, Phony, & Fraud

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Oct 3, 2011
 

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RayOne wrote:
<quoted text>What an ego. The bear is looking at our plate.
http://ca.news.yahoo.com/russias-putin-says-w...
Forget the bear.

It's the squealing, despicably corrupt, inept, commie ghetto kenyan pig that we need to apply the American boot to.

And we will.
Mary E

Elmhurst, IL

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#8
Oct 3, 2011
 

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Of course he, Obama, has no regrets. It is our money, he lost nothing. Right now he is looking for a half billion dollars for 2 more of these green losers. Yes, he is insane.
Mary E

Elmhurst, IL

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#9
Oct 3, 2011
 

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Of course Obama has no regrets about the SOLYNDRA bankrupcy, it was not his money. It was ours. Now he is looking to invest a half billion dollars in 2 more green losers, and yes, he is insane.
patriot

Hopewell, VA

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VN Vet wrote:
Odumbo will say"I have no regrets making the USA a third wourld country, because that is what I wanted to do, sucka." He needs to be impeached and thrown in jail for not upholding his oath of office.
You can say that again.
VN Vet

Hopewell, VA

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#11
Oct 3, 2011
 

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Thank you I will.
see the light

El Paso, TX

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#12
Oct 3, 2011
 

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He has "Easy come,Easy go" attitude with American taxpayers money. How can any Democrat think that what he did was alright? He's such a traitor. Can't wait for that idiot to be out.

“May be I did, Maybe I didn't”

Since: Aug 11

Seattle, WA

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#13
Oct 3, 2011
 

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This man, Obama, is a domestic terrorist.
CIAMATO

Denver, CO

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#15
Oct 3, 2011
 

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Now that's the most honest thing Obama has ever said. Of course he has no regrets. His buddies got theirs, he got his way, and the taxpayer got the shaft. But was it wise to admit that he doesn't care about speculating in the markets with federal dollars? He thinks he looks confident, but he just sounds like a common thief who has no remorse and who vows to steal again. Unbelievable. This is what dictators do, not American presidents.
FORMALLY ABDUCTED

Boca Raton, FL

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#16
Oct 3, 2011
 

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...How diplomatic! officials KNEW they couldn't back a winner a 100% of the time....now if only "officials" would extend that courtesy to the voters by saying "we knew we couldn't back a winning president a 100% of the time....
Just saying

Saint Paul, MN

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#17
Oct 3, 2011
 

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Why would he feel bad? He wants to drive this country into the ground before he gets dumped. He causes a big mess, spends alot of other peoples money, and then runs away letting some one else deal with the problems. Just like his father.
Osama Obama Sucks

Saint Thomas, PA

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#18
Oct 3, 2011
 

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What a piece of sh*t!
Dizzy Liberals

London, UK

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#19
Oct 3, 2011
 

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Barak also told Black Caucus with 16% unemployment among their blacks voters, in his speech, "I'm not complainin' "!

Of course he's not. He got a chef, eatin' wagyu, a golfin', a travelin', givin' speeches to campaign donors at $25,000 a plate, michelle got herself a diamon' ring - weeeeeeeeeeeeee! What's there for him to complain about or regret. Life is good. A killin' American babies, sendin' military soldiers to useless deaths in Afganistan, settin' traps for Navy Seals, givin' expensive guns to the Mexican cartel to take out our own, takin' credit for Osama, givin' away more of someone else's money and let 'em thank me for it. Hey bartender, buy everyone a drink, and put the tab on that small business owner there. I ain't complainin', I got elected here to be, wow, president of the united states of america on nothin' and I get to turn in American states which I hate because I'm a psycho, to the U.N.

It's hurts so little, that I'm gonna give more money away just to show you it hurts so little. It ain't me that baby the Planned Parenthood gonna stick a needle in its neck. I have no regrets. It don't hurt none.

“Learning to forgive ”

Since: Mar 08

At present San Jose,ca

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#20
Oct 3, 2011
 

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If the nation can live with almost $5Trillion+ squandered by Bush on ill-planned and and all the more poorly handled wars by him,all the more some similar amount missing in Iraq,rebuilding accounts of the same era then why so hue and cry on malfunctioning of an innovative project for the security of future generations? The futuristic initiatives are the soul of progressive development and always come at a cost but are certainly worth it as the same were instruemental in making America a Super Power

“Liberals are evil and immoral”

Since: Apr 07

DEEP SOUTHERN ILLINOIS

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#21
Oct 3, 2011
 

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Joe wrote:
My God the man is insane.
Have you ever met a liberal who isn't?

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