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View Full Version : ABC News Breaks Obama Pay to Play Scandal



Apocalypse
09-03-2011, 10:03 AM
Seems the Chicago way is still around.

http://abcnews.go.com/Blotter/solyndra-investigation-probe-white-house-role-massive-energy/story?id=14434588

AmPat
09-03-2011, 10:51 AM
I predict absolutely nothing will come of this. It is embarrassing to O Blah Blah and his politburo, therefore it will be buried.:mad:

The CEO is a billionaire, why did the Commucrats need taxpayer money to fund this boondoogle?:confused:

ironhorsedriver
09-03-2011, 04:32 PM
It's OK, It is Obama and he was just trying to steer us toward planet saving technology. The man is incompetent, lazy, and a crook, what did anyone expect.

fettpett
09-03-2011, 07:46 PM
I think it's telling how far the ONE has fallen that ABC is making this report

SaintLouieWoman
09-03-2011, 07:55 PM
Amazed that ABC would break this. I thought they were totally in the bag for the great O.

According to my math, they said that the government guaranteed $550 million. At one point they said 1200 employees were laid off, in the verbiage under the picture it said 1,000 lost their job. Then if you listen to o blah blah's speech, there would be 3,000 jobs created. Further they said there wasn't enough money left for any severance package.

OK, this is really not good business 101. $550 million divided by 1200 jobs equals $458,333.33 per employee. It's not quite a good deal for the American taxpayer.

Then look a little further into the info:



"Here's the bottom line," Lynch said. "It costs them $6 to make a unit. They're selling it for $3. In order to be competitive today, they have to sell it for between $1.5 and $2. That is not a viable business plan."


I guess that's now the democRATS think business is run. No wonder our country is in such terrible shape.

fettpett
09-03-2011, 08:13 PM
WTF? $6 bucks to make that shit? no wonder the Chinese are kicking our asses, they don't worry about shit like good wages and environmental stuff and make it as cheap as possible. /sigh