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Monday, January 16, 2012

Obama Throws Good Money After Bad At 11 More Solyndras

By Susan Duclos

Video below via Big Government, titled "CBS News: Obama’s 11 More Solyndras."


In the wake of Peter Schweizer’s explosive revelation that 80 percent of the Department of Energy’s $20.5 billion in green energy loans went to President Barack Obama’s fundraisers and donors, CBS News is now reporting that the Obama Administration spent billions of taxpayer dollars on 11 more Solyndra-style loans to so-called green energy companies that have since gone bankrupt or are facing serious financial difficulty.

The level of incompetence shown by the Obama administration is unprecedented. That is saying a lot considering we once had Jimmy Carter as a President.