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FREMONT, CA -- Mitt Romney decried what he said was the Obama administration's economic failures and cronyism outside the headquarters of a defunct company that Republicans have upheld as the very symbol of those shortcomings.
The presumptive presidential nominee stood for an impromptu press conference outside the headquarters of Solyndra, the now-bankrupt solar energy company that had been the beneficiary of a federal loan, which, Republicans contend, was doled out as a political favor.
"It's a symbol not of success but of failure. It's also a symbol of a serious conflict of interest," Romney said outside the headquarters, a destination which wasn't made public until the last possible minute, even to the traveling press corps that cover the former Massachusetts governor.
"An independent inspector general looked at this investment and concluded that the administration had steered money to friends and family - to campaign contributors," Romney said, referring to a series of loans which backstopped the company and would have paid investors back before taxpayers. "This building, this half a billion dollar taxpayer investment, represents a serious conflict of interest on the part of the president and his team."
The bankrupt company's opulent headquarters, long a target of Romney's derision on the stump, made for a powerful visual backdrop as Romney lambasted what he said was the company -- and the president's -- failings.
"It's also a symbol of how the president thinks about free enterprise," Romney continued. "Free enterprise to the president means taking money from the taxpayers and giving it freely to his friends."
The appearance came amid a battle over optics between the Romney and Obama campaigns that literally stretched the continent.
In Boston this morning, the senior strategist for the president's re-election, David Axelrod, rallied other supporters of Obama's on the steps of the Massachusetts statehouse to decry Romney's lone term as governor. Axelrod had intended to highlight what he said were Romney's broken promises as governor, though that message was muddled as a Romney campaign aide gathered supporters to heckle Axelrod, drawing the Chicago Democrat into an exchange over their jeers.
"Romney economics didn't work then and it won't work now," Axelrod said over the boos of the pro-Romney crowd.
Here in Fremont, a reporter asked Romney about the guerrilla tactics employed by his campaign.
"Many of the events I go to, there are large groups of, if you will, Obama supporters there heckling me. And at some point you say, you know what, sauce for the goose is sauce for the gander. If they’re going to be heckling us, why we’re not going to sit back and play by very different rules," Romney said. "If the president is going to have his people coming to my rallies, and heckling, why, we’ll show them that, you know, we conservatives have the same kind of capacity he does."
But amid the campaign trail antics, Romney also took a moment to address the ongoing humanitarian crisis in Syria following a massacre this past weekend leading to the deaths of 100 civilians. Romney has repeatedly urged U.S. allies in the region, including Turkey and Saudi Arabia, to arm anti-government rebels and provide other aid necessary to remove the Assad regime from power.
Romney called the coordinated expulsion of Syrian diplomats by the United States and other allies "of course the right thing to do," but also a "very small matter in something as significant as the course of Syria."
"I hope we understand that Syria and what's going on there is a a ray of sunshine in the Middle East because you have a very dangerous tyrant, who has allied his country with Iran, which is seeking to become a dominant power in the middle east," Romney said.
"Syria is the headquarters of Hamas in the middle east. It is Iran's only Arab ally. Syria is the route for arming Hezbollah in Lebanon. It is important to see a change in leadership in Syria," Romney continued, adding that the peace plan implemented there by former UN Secretary General Kofi Annan was not"advancing in the way I think we could be advancing," and calling on President Obama to take a greater leadership role in resolving the crisis.
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Willard has the audacity to bring cronyism into it?
When Solyndra was originally Bush's baby;
Read the ENTIRE story @ Source: Clean Technica (http://s.tt/13giD)
There is only one thing I despise more then a phony, that would be a pathological serial liar like Willard!
Romney is rattling his saber about Iran, North Korea and now Syria. Which country would he choose to do battle in? Perhaps all three?
He deserves to have hecklers wherever he goes. I know he will have "invitation only" rallies like his predecessor. I expect to see more "double secret press conferences" in the near future.
Perhaps Romney shoud have been present at the portrait unveiling at the White House today to ask Bush about Solyndra.
What's that Willard?....Syria, a ray of sunshine?....what am I not understanding?
And free enterprise to Romney is taking government money and money from business and giving it freely to his friends and his Cayman bank accounts.
Excellent post Feisty.
The problem is, RWNJ's don't want to face facts, they would rather focus attention on things that can't be proved. That is the only way they can continue their exercise of futility.
The difference will be after the election when Obama begins his second and final term as our chief executive. At that point the RWNJ's will have to face the reality that they are losers and that they will have to admit that once again this country is not buying what they're selling.
Amen Feisty! We can not and will not allow Willard
FLIPMitt Romney into the White House.Thanks Brian & Job!
I'm still chuckling over Willard's super secret presser!
Did the attendees have to wear a decoder ring & give the covert handshake?
Since when do we have to play - chase the candidate in this country?
It is an excellent point: BUUUUUSSSHHHHH!!!
Just like the current tax rates are Bush's fault, despite being singed into law some two years after Bush left office, by Obama.
Sorry libbies Bush put the kybosh on this little nugget. Obama, needing a neat photo op green lighted it, in spite of the reports from his own administration that pinpointed its BK to the month.
And then there are all the other totally bitchin' investment the Obama gang has made.
That poll trend that's happening - it's happening for a reason.
Oh and Feisty's point #3 is just precious.
Feisty,
When you think of the corruption, destruction and $Billions that exchanged hands when Romney was CEO of Bain -- the small amount of cash invested in Solyndra was peanuts, by comparison.
Solyndra was an attempt to move America forward. The BAIN game did no such thing.
Inventions like the Internet take lots of attempts. Many attempts at new ideas are discarded along the way. It is a process and all experiments are going to need cash. The Bush Administration embarked on that process with Solyndra.
FORWARD >>>>>>
This Administration and other Administrations will do the same, in the long attempt to create new industries and jobs for Americans in the 21st century.
Feisty - boy Romney talking about cronyism - that's almost funny! Let's see can we say Haliburton, etc? The GOP all bow down to the boys at Haliburton and Romney is no different. Then there are his 'friendships" with Trump, Gingrich, Cheney (mr Haliburton) et al. What a disgusting piece of work Romney is!
The Libs are very much into symbolism, and that's why bringing up Solyndra, Bright Source, SunPower, Beacon Power, Ener1, A123 Solar, LSP Energy, UniSolar, EcoTality, Azure Dynamics, Solar Trust, to name a few, really sticks the Libs in a painful place. And when that happens, they all fall back on blaming others, because to them, their hero Obama is never wrong.
"sauce for the goose is sauce for the gander..." "if you will..."
Why does Mittens always speak like he is the main character in a really really bad dime novel from the 1800's?
As to Syria, Mittens..what are your plans when you are President? Or do you still believe it is Russia that we need to worry about?
You are either ignorant or you are a liar.
Regardless - That's a lie.
"The Bush team" unanimously REJECTED the Solyndra loan in mid-January 2009, or as you say .. 'just before Obama took office.'.
Another decept. There may have been a few who didn't care about politics - but the big guy, Kaiser, was a big Obama billionaire bundler who visited the White House many times. The others were also big contributors and lobbyists with all the big money and support going to Obama and dems.
So $535 million of the tax payer's money going to an Obama crony is no big deal to libs ... we get it - you're pathetic.
Sadly though ... Solyndra is just the tip of the iceberg.
Yea, yea, yea ... that doesn't matter either to the worthless ones.
Just like the current tax rates are Bush's fault, despite being singed into law some two years after Bush left office, by Obama.
Spunky - They are Bush's tax rates, you stupid @!$%#!
Wow, listening to Edwards, mistrial on five, not guilty on one. Wonder if they will re try the other counts.
Edwards, there is a time to stop talking. Thank you would have sufficed.
Bachouse - forward is in the opposite direction of where we are going.
Just look at the GDP, unemployment rate, real estate values, DOW Jones, interest rates.
the DeMark exhaustion signals have been triggered. Tomorrow's job numbers will be atrocious. Remember last year - 250k jobs added er month?
Yeah, that was a long time ago.
Although I did just get quoted 3.75% on a fixed year 30. Dude - there is just nowhere for money to go.
Hey NewDay - 'member when you all were making fun of Bush for his speech patterns?
Yeah, I do too. Maybe you can tell me what a Choom Gang is?
They sure are GT. As signed into law by Obama. You do get that, yes?
Forgive me if im wrong but don't business rise and fall all the time, isn't that capitalism. so Obama is the one who invested in solyndra, and that didn't work out so great, but where does it say the government can't invest in business, they think is beneficial to America, as long as there isn't any insider-trading going on its legal (as far as i know, not an expert here). Also what about the Auto-bailout technically that is an investment, and guess what it worked.
btw Romney, Obama doesn't control his supporters, if they want to go to your events and heckle you, that is their choice, nothing illegal about that, as far as i know thats called the freedom of speech.
P.S we just got out of 2 wars (almost we will be out in 2014 if things stay according to plan) and you want us to start another. great policies mitt, that is sure to get you elected.(sarcasm)
They sure are GT. As signed into law by Obama. You do get that, yes?
Spunk -
So what, There still Bush's, and if Obama didn't sign them into law (with no help from the baggers) they would have gone up, particularly against the middle class...
Obam/Biden 2012
Correction to #1.2.
Ridiculously inaccurate.
Everyone with a functioning brain stem realizes the statement should have omitted the word "either" and replaced the word "or" with the word "and".
My bad.
Absolutely, GT.
They are, are they?
So riddle me this chief, if Obama signed them, and he was president, just what was Obama's roll?
Head paper signer? President Papermate?
Man, dude was the president, most powerful man in the world at the time, and yet you discount him so.
Geez, GT, you are not a racist, are you?
Bob -- Why did Congress put aside 10 billion to cover losses in the loan guarantee program?
Has anything illegal taken place?
Spunky - If as many words came out of your mouth, as do come spinning out of your ass, you might have a valid argument once in a while :)
Here we go, the Politics of Projection again. Stand with Sarah Palin against Crony Capitalism. Reject Romney the corporate raider and his 1% oligarchy.
Romney is the right person to criticize cronyism - because Romney as a vulture capitalist is only interested in firing the hard-working people, not helping them.
The other hypocrisy to this is the "sometimes you succeed, sometimes you fail" excuse Romney gives about Private Inequity. But when it comes to energy independence for the common good, this doesn't rate somehow (Romney supported ethanol subsidies for Pete's sake, hmmm).
Now if it's wealth creation for only the 1%, and better yet if you leave carnage in your wake, well than you are a successful businessman who should be congratulated. Dade Bering in Florida is a classic example of Romney's perspective that somehow destroying good paying jobs that workers could support a family with, and replacing these jobs with low-paying jobs that no one can live on is a good thing. Doing this nationwide, now that's the ticket! For whom? Romney, he's not in it for you.
LMAO! just read fiesties little link from cleantechna. + their ref links back to bloomberg last year. Seems that clean technica wanted to replace word in bloombergs headline from "backed" to "touted" as being the correct discription. To bad clean technica's writers didn't realize the both words essentially mean the same thing but touted really implies that obama emphatically supported solyndra.
Interesting on how bush2's had two years to approve the solyndra deal, yet in the end he passed and obama only took about 2 months to sign off on it. Looks like we now know where pelosi got the idea that legislation didn't need to be read if someone else said it was good.
Item 2 really has no bearing on what the value or risk was on making the loan especially if another government agency stated misgivings.
I really enjoyed item three on it "just being 1.3% of DOE's loan portfolio" Why just in the last two weeks all the FR left were up in arms over JPMorgans $2 billion mistake that didn't even expose any depositors money to loss. Wow, JPMorgan has a portfolio of about $2 trillion which made this $2 billion loss equivalent to a tenth of a %. Interesting on how obamas 1.3% mistake is no big deal but JPM's is.
GT - LOL, obama now owns the tax cuts. his signature approved the bill to extend them.
LMAO, obamas blaming everyone else has rubbed off on his minions
Wow GT, guess you really are stupid as according to just one of many different links...
http://www.smartonmoney.com/bush-tax-cuts-set-to-expire-in-2011-will-you-be-paying-more/
The wealthy would still have to pay a higher % on their taxable income rather than your contention that the middle class will.
True patriot, so staples was an anomoly? Seems that the jobs added by staples offset any losses in florida or kansas city by many factors of ten. And history tells us all on the turmoil in the 80's and 90's within the US steel industry that led to oh so many steel mill closings including the one in kansas city.
Don't you find it interesting that those companies with strong bottom lines and strong management have little need for private equities, but those that are mismanaged and in distress do?
Petronella,
The DOW has increased by 60% since President Obama came into office.
http://www.cleveland.com/datacentral/index.ssf/2012/01/dow_up_more_than_50_percent_si/4063/comments-5.html
Unemployment was at 5% in January 2008.
It was at 7.8% in January 2009.
Between January and February 2009, unemployment jumped from 7.8% to 8.3%.
........................................................................
Petronella,
Today there is no more doubt that you LIE intentionally & without compunction, just like Mitt Romney.
For unemployment rates: http://www.bls.gov/opub/ted/2009/feb/wk2/art02.htm (For Jan/Feb 2009)
http://data.bls.gov/timeseries/LNS14000000 ----(for 2002 through 2012)
So the real reason Romney didn't disclose his rally at Solyndra was to avoid those pesky hecklers!
...just connect the dots.
Brings to mind, Ursula, the couple that was ejected from a Dubya thingy 'cause they wore anti-Bush t-shirts.......we all had to pay for that.......$80,000.00... in federal lawsuit!
Yeah, gosh but it was only a couple of years ago that Obama kept telling us 'green shoots' would help us out of this terrible economy/would be our future.
Well, the future is here, eh gang?
GDP for the first quarter was just revised down to 1.9%. Every single week the Government comes out with bogus jobs numbers and that have to be revised downward.
You like dots Ursula? How about them dots?
Yeah guys - remember you couldn't attend a Bush event if you weren't a supporter. I'm sure Romney will do the same thing. How bad will it be when - in his CROWD of 200 - there are at least 50 dissenters?
LOL sanity, next time obama comes to town I will see if he lets me into his rally.
Chilled, so there are greedy democrats out there, LOL!
"defunct business"? This flip flopper extrordiaire wants to go there?
I saw on the other 'Solyndra thread' where folks stick up for Bain because unlike Solyndra, taxpayer money wasn't used in the Bain schenanigans. So- does that mean the tens of thousands that lost their jobs via Bain never went on food stamps/ never went on unemployment?? You know- stuff funded by....taxpayers??
Nope Drive By, just that private equity failures cause a single Whammy.
Public equity failures cause a Double Whammy.
Now be a good little fellow and google the effects of Spain's decision to stop subsidizing 'Green' energy.
Triple/quadruple Whammy?
BREAKING NEWS: John Edwards-not guilty on count #3........Mistrial on all the other charges.
Solyndra was a George W. Bush project not President Obama's. If anyone should be blamed for the failure of the company it should be the economy of George W. Bush.
I see you can't play the race card here so you have to pull out the old blame Bush card. Typical libby, doesn't know the difference between applied and approved.
Which doesn't disprove what Rilli wrote, it just proves you know how to deflect criticism of your criticisms.
YOU are the people trying to pin the entire Solyndra debacle on one man when it should be a shared debacle. Bush's for backing Solyndra in the first place, and Obama for continuing to support it.
It really seems that during the George W Bush years in office he put the screws to not just America, but the whole world. The whole world is in economy and financial disarray. And it all seems to have happened right before Obama came to office and right when BUSH was leaving. I think Bush was the worse president this country and the world has seen. Every time I heard Obama has been in office for three/four years now why hasn't things gotten better? Then I keep hearing the same stories in Europe. Unemployment high is high across Europe, their banks not wanting to lend money, Rich people are getting richer, all Europe has problems just like America. So why is it Obama's problem? Because the GOP won't pass or even debate any of his Jobs Plans, won't increase taxes on the rich to HELP the economy grow, just blame Obama for everything that is wrong with not just America, but the whole world.
EIGHT YEARS TO BREAK IT....
EIGHT YEARS TO FIX IT!
President Obama for President 2012...
Lets keep moving forward!
Not as stupid as you think - unfortunately I think it is going to take more than 8 years to fix. But, we're on the way. It's just going to be a long, slow trip. If the GOP takes over - all bets are off. The fall will be like one off the Willis Tower! (For those non-Chicagoans that used to be the Sears Tower - VERY tall).
yep rilli, bush started it and then changed his mind after two years of study. But obama was the one that approved it in less than 2 months. Obamas nick name should be "hair trigger", always in a hurry to get approvals regardless of consequences. Apparently his intellegence doesn't extend to having the ability to look down the road.
Obama and his administration have repeatedly lied to us since taking office. Solyndra was approved and pushed through by Obama, not Bush. People are quick to blame Bush for the economy, but why has it yet to pick back up in the last 4 years, under Obama's care? How about the lies he told about bringing our troops home right when he took office, but they are still not all home! By God, Obama still has yet to come clean about where he was born; he took 2 years to produce a birth certificate!!!! That's right, he was working hard on that awesome medical package he promised; what a joke! We could even mention the fact that he was photographed in muslim attire, but raced to claim he was a Christian! When are people going to quit looking at the name of the party to vote for and start paying attention to the actual candidates? Romney is not perfect, but I want a man who knows how to MAKE money and financially sound decisions in office! This country needs to get off welfare and become a middle-class, working man's land again!!!
What is the NAME of the "independent inspector general" that Lord Rawmoney speaks of?
Go ahead, give us a name. Doesn't "NBC" have "Reporters" that can look this stuff up?
Cuz, you know, it seems Lord Rawmoney doesn't KNOW the name of the guy. And the reason is obvious: he doesn't exist.
There is no such "Independent Inspector General Report". The corporate media is afraid to call Lord Rawmoney on his blatant lie, or even to ASK about it, because if they do, they'll get thrown off the press bus, and that'd kill their paycheck.
Look, I expect politicians to stretch the truth, but to lie so blatantly and so badly is just insulting our intelligence.
CRONYISM - n. - partiality to cronies especially as evidenced in the appointment of political hangers-on to office without regard to their qualifications
...but let's not kid ourselves...the real definition in this case should be, "When the government pays for s*** you don't like."
I suppose it's too much to ask what Romney has promised everyone bank-rolling his campaign, right?
I agree Noid.
BUt do tell, just who did Obama make promises to in '08?
Obama kicked ass in fund raising then. It really must hurt them to be getting trounced these days.
Yup, in the world of all those Billionnaires that he hangs out with, It's poor Lil Willard!
I wonder when he will tell them 'there will be no cronyism', I can't help you!
Not no cronyism chilled. Nope, soon it'll just be plain old - 'no mo' money.
$4 billion a day, $16 Trillion and counting.
good times.
Pay attention here: Your candidate has made a solemn vow to do what is best for Norquist instead of what is best for this nation...
Now, do you take the position that pledging to Norquist does NOT approach cronyism in any way??
I believe, will argue, and will prove otherwise.
"I suppose it's too much to ask what Romney has promised everyone bank-rolling his campaign, right?"
Well, noid- I'd guess that would by your 'quintuple or sextuple' whammy. Sure hope we don't ever find out.
Just ask Greece my man.
Or Italy, or California, or Illinois.
Jerry Brown is so totally screwed it is classic. Just like Quinn.
Hey Drive - your governor has no such problems. Why is that my man?
If they're heckling now, there will be riots when they lose.
GermanGem - if the small number of Romney supporters riot it won't really be a big deal. Not to worry!
Obama, Romney, either way were screwed.
I think you are right. Got your passport?
Not sure I would want to go to europe though, unless the euro drops to parity with the dollar. It might be interesting to drop in on cousins in austria or visit my dads hometown of dusseldorf,
"Free enterprise to the president means taking money from the taxpayers and giving it freely to his friends."
I certainly agree!
Sincerely:
Dick Cheney
Al in Visalia CA - you know you've struck the bottom on the cesspool when you agree with Dick Cheney! So sad for you!
Jeez Seeking, do I have to spell this out for you? Cheney was agreeing with Willard. Think sweetheart deal for his old firm Haliburton.
So if you get your $370 million from the Kochs up front, that's OK. We are supposed to believe that there is no quid pro quo? They're giving you the campaign support because they are true patriots and need to defeat the evil socialist at all cost? Get real - it's called a plutocracy for a reason.
Nice try Feisty but as usual taken out of context, left wing spin added and not the entire story.
Then Viola! a miracle Barry is President the birds are singing the sun is shinning and Solyndra is a done deal.
Do you think those political appointees of the new Obama Administration pressured the DOE employees to approve the Solyndra loan in support of their "Green energy" initiative?
Romney may himself be familiar with cronyism and bankruptcy. That is part of his Bain record. The president has proven to be honest. No Sarah, President Obama is not paling around with Willard M. Romney and dirty capitalism.
Cronyism? Isn't it ironic that the first black president has the most Lilly-white administration and campaign operation in the history of modern presidents, unseen since the racist Democrat Woodrow Wilson was president precisely 100 years ago? Isn't it ironic that trying to find a credible black person in Obama's administration is a tad less challenging than finding a chicken with lips? Credible black person clearly excludes the thoroughly disgraced Eric Holder, Reverend Hymietown, Reverend Shakedown, Malik Zulu Shabazz and the "African American" nomenklatura who are richly rewarded for their sycophancy to Obama. Isn't it ironic that the first black president has caused more harm, destroyed more wealth, left more people unemployed, dumbed-down more children and exterminated more unborns in the black community than a Eugene "Bull" Connor could do in 100 lifetimes. Romney may indict Obama for his cronyism. But one thing is for sure: Obama ain't got no cronies in the black community that he's throwing money at.
What's even funnier is that The first Black Secretary of State and the First Black Woman Secretary of State were in a Republican Administration that the Libs villified at every opportunity.
Hung up on race much?
Not me just you Libs.
It should be clear that the hypocritical Left hates to talk about race except when they can play the race card to advance their grievance agenda; hopefully inspire the cannon fodder in the black community to take to the streets, get themselves killed in the process; all for the purpose of consolidating power with the State where the nomenklatura gets the spoils of totalitarianism and everybody else gets to be a slave of the State.. Fact is, and this is the dirty little secret about the Left. They are consummate and perfect elitists who despise most of mankind, and only want to enslave all of mankind. All of the Left's failed totalitarian ideologies from the 19th century: Nazism (Yes, Gertrude: Nazism is a left-wing totalitarian ideology), Communism, Fascism, Socialism, Progressivism, Liberalism and their spawns are as inherently racist as their founders and saints: Darwin, Marx, Engels, Hitler, Stalin, Mussolini, Mao, Ernesto Che Guevara, Fidel etc, etc. Let us not forget who brought us such barbaric practices and organizations such as Eugenics, Lebensraum, The Cultural Revolution, the Ku Klux Klan, the White Citizen's Council and today's iteration of totalitarianism as embodied in Democrat Party.
Republicans keep saying they are not racist, but yet their actions speak volumes.
1. First State of Union - Walsh (dead beat dad) yells out liar - when did that happen to a prior President, including Bush/Chaney who lied to the American people about Iraq.
2. How many Prior Presidents have repeatedly had their birth called into question.
3. How many Prior President have had their religious beliefs called into question. Don't check too closely into Norquist he is married to a Muslim and supported the building of an Islamic Center near ground zero.
4. How many Presidents have had cartons of them as an ape.
5. How many Prior Presidents had Judges send racist e-mails about them.
6. How many Prior Presidents had a Governor shake their finger in their face.
7. How many Prior Presidents had a whole party plot to take him down.
At the CPAC convention this year the Republican party would not allow representatives from the Gay and Lesbian community to speak, but were happy to welcome members of a White Supremacist group to speak.
Think Progress: White Supremacist With Ties To Neo-Nazi Groups Elected To Pennsylvania County GOP
Committee By Adam Peck on May 31, 2012 at 2:40 pm
Why would people think Republicans are racist - just be cause they say "he is just not one of us"
Romney has his own cronyism with those he runs around with and the way he divulges his true self.
Remember Romney's own words when you vote:
"Corporations are people my friend"
"I like being able to fire people"
"I'm not concerned about the very poor"
"I have some great friends who are NASCAR owners"
Romney has no idea of what the average Joe goes through to make ends meet. Romney is way out of touch. Sadly, the Treacherous Adversarial Egotist(TEA) party has made it their goal to try to gain local and state control while trying to stop Obama's progress.
The TEA-Republicans want less government, less obstruction to pillaging people, little if any funding of schools to educate the future generations. The TEA-Republicans want to lessen taxes on the richest of Americans while the poor and middle class barely survive. The TEA-Republican hide behind the flag, militarism and patriotism while grabbing local control to direct monies, infrastructure and power to benefit themselves and their money-ed benefactors. The TEA-Republicans want to repeal Frank-Dodd and water down the Volcker Rule to unleash Wall Street allowing another Wall Street conundrum and possible bailout. The TEA-Republicans want to appeal and appease the much smaller segment of America which controls more money and power than the lower 98%.
Rudy, while romney doesn't have that "common touch", most common folk don't have the ability to take on the job of a CEO, be a governor or run for POTUS. What is needed now is for someone that can unify the country and get us moving again.
To date all obama has done is take pleasure in denigrating the right, wealthy and business. I am surprised that he has never read dale carnegies book on "how to win friends and influence people".
Nice diatribe on the tea party, nice but ill informed.
There is income disparity, and no one begrudges companies and individuals making large profits; but what is wrong is they do not increase the people working for them sufficiently so they can improve their lives. Since 1979 through 2009 the top 1% Average income increased 240% and the Average overall wages in the same time period increased approximately 10%. If the average overall wages increased at the same rate as the 1% , " but income and wages have stagnated for most Americans. If the median household income had kept pace with the economy since 1970, it would now be nearly $92,000, not $50,000."
Because you can read a balance sheet does not make you a good choice for President. Romney had the same CEO experience when he took the job of Governor of Massachusetts, and when he left they were ranked 47th in the Nation for job creation.
Okay, so DOE and the treasury started this crap investment during the Bush admin, but if you people think the GOP really cared all that much about a clean energy company in California, you're delusional. The FBI and Treasury investigation into this bad investment shows all kinds of evidence that Obama and Biden personally wanted this to go through to show clean energy firms are a good investment. Which they can be, but if the treasury dept was watching silicon futures in the Chinese market they could have seen Solyndra was bad investment purely based on their cost of production. Everybody will buy the cheaper product.(Capitalism)
Okay, now to the other part of this. The only way Obama's "friends"(not really friends, but rich supporters) benefited from this deal is that an investment subsidiary of Kaiser's Family Foundation named Argonaut Private Equity(owned 40% of Solyndra) could write off a massive tax note for any profits made by the company and reinvested into the Kaiser family's charity work.(They have been used as an example of abuse of these tax loopholes)That seems pretty complex deal that I think says more about the Kaiser family than Obama, but people are going to think what they are going to think. Only looks bad for Obama if the investigation uncovers something linking communication between him and Kaiser in regards to the investment. Anyway, it didn't really help either of them because Solyndra tanked.
Now here is my question which I cannot find the answer to anywhere. Who at the DOE wanted this loan in the first place? Its not on Politofact, no google searches come up with anything. I really want to know, mainly because now its just driving me nuts.
Check this out if you care about corrupt connections between Argonaut and Obama admin...
#.T8hyBdW0yVo
Just one iffy example of the Obama admin meddling in the private sector.. I mean other than all this fascist bail-out boo-hockey both parties should come out say was a mistake and was pissing in the face of free enterprise.
Well that link didn't stick.. Emails: Energy Dept. Asked Solyndra to Postpone Layoff Notice Until After Election
ABCnews.go.com
Bravo Romney and keep it coming, bring Solyndra up to the "front burner" of the stove, and double down. America has a mental deficit problem with all the "distractions" the left throws, and it takes these kinds of "reminders" to keep them fresh in their minds. Next go lay a wreath on the grave of the murdered border patrol agent, and remind America it was Holder and Obama who put the AK47 in the hands of the person that shot him. The Democrats can SPIN all they want about Bain, but 80% of the ALREADY FAILING businesses Bain was HIRED to turn around were SAVED.......period. ALL of the GREEN energy start ups like Soyndra that were GIVEN taxpayer funded loans by Obama and the DOE....failed. And DESPITE the lies from the left(like firstys claim "it was Bush's baby") these are OBAMA FAILURES. How can you tell? Read the posts from the leftys on this vines, their spinning so much they are more DIZZY than usual....;0)
FACT: Same Panel Of Career Officials Approved The Loan Guarantee
Bush Admin. Advanced 16 Projects, Including Solyndra, Out Of 143 Submissions.
The Department of Energy's Loan Guarantee Program was created by the Energy Policy Act of 2005
and expanded by the American Recovery and Reinvestment Act of 2009. At a congressional hearing, Jonathan Silver, the Executive Director of Department of Energy's Loan Programs Office, testified that the Bush administration's DOE [Department of Energy] selected Solyndra from 143 submissions to move forward in the process.
yes, loan guarantees to DOE began with Bush Administration:
Oh and let us not forget Reagan and Iran/Contra oh and Bush/Channey lying to the American people about Iraq and getting us into war based on a lie. Also Pinocchio on Steroids Romney has his own two Solyndra while he was Governor of Massachusetts. People in glass houses should not throw stones.
Our salvation will come as soon as the big checkbook is taken out of Obama's hands. What a waste of four years this so-called President has been. A waste of trillions of borrowed dollars and a huge waste of time.
Time to ditch this pot-smoking dog eater.
Increases in spending during the Obama administration have been the lowest in 60 years, according to the report published in the wall Street Journal last week. Republicans lie.
Another ignorance by Republicans is the constitutional separation of powers and the 220 year old fact that all spending and funding is originated by Congress only, not the President or the Supreme Court. Stupid is its own reward. Lies are at the expense of fools.
Romney deliberately misquoted the Inspector General to under-gird his lie about President Obama and cronyism, but Romney has cronyism experience from Massachusetts, and that counts. Buy arms manufacturers stock for a quick and certain profit, including Cheney's Haliburton. The military/industrial complex will be inundated with tax dollars, wars or no wars, if Republicans have the opportunity. The poor, disabled, and elderly will be forced to pay for it and become casualties of war.
This is the problem with Pinocchio on Steroids Romney. All Political Candidates have hecklers, but he seems to think he is Superior and therefore will avoid them by not disclosing his events. He does not want to talk to Reporters unless it is scripted or the PR firm FoxNews. He will not give a direct answer to a direct question. He has to be scripted because if left on his own he makes mistakes and shows how uninformed he is. He is not a leader - he is a coward.