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Is Obama one of the worst investors as a President EVER?

☆ElenaDiamond☆ 2012/07/13 14:13:25
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Lets Examine Obama's 6.5 Billion SCREW UP at the tax payers expense.

We already know that the Obama administration’s stimulus-funded subsidies of green-energy firms have been rather poor investments. Solyndra, after all, collapsed while taking over half a billion dollars in taxpayer money with it, after the Department of Energy illegally subordinated taxpayer risk for later investors — mainly an Obama bundler from 2008, George Kaiser. CBS News’ Sharyl Attkissontakes a break from reporting on Operation Fast and Furious to give a closer look at the performance of Barack Obama’s bets in the green-tech sector — and says that Obama bet more than $6.5 billion of taxpayer money in junk bonds:

Solyndra
CBS News counted 12 clean energy companies that are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy: The junk bond-rated Beacon, Evergreen Solar, SpectraWatt, AES’ subsidiary Eastern Energy and Solyndra.

6.5 Billion of Taxpayer money on Junk bonds hat are already going bankrupt?

GREAT JOB Mr. OWEBAMA.

Read More: http://hotair.com/archives/2012/01/13/cbs-obama-ad...

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  • Red 2012/07/14 08:00:05
  • Machinegunn 2012/07/14 00:35:37
    No, I can think of others who blew over 6 billion of taxpayer money on junk b...
    Machinegunn
    ......The amBUSH gave TAX DOLLARS to the RICH, and WE all can see how much THEY'VE invested in CHINA, SWISS BANKS, UNITED ARAB of AMERITES, and "OFF"course the OUT-SOURCING of "AMERICAN JOBS and COMPANIES"!!!...GREAT JOB, CONS!!!......
  • art1ej 2012/07/13 20:29:41
    No, I can think of others who blew over 6 billion of taxpayer money on junk b...
    art1ej
    +2
    I am amazed that the Republican Party has any credibility and even 100 members of Congress, let alone a sizable House majority and enough juice to be driving the nation’s agenda as it is....
    so its not his fault exactly.....George W. Bush ran up $6.4 trillion in the national debt....
  • angelbaby 2012/07/13 20:12:19
    Yes he is the worst EVER.
    angelbaby
    He is the absolute worst!!
  • none 2012/07/13 20:07:11
    Yes he is the worst EVER.
    none
    +1
    He's not one of the worst, he IS the worst.
  • jgh57 2012/07/13 20:04:56
    No, I can think of others who blew over 6 billion of taxpayer money on junk b...
    jgh57
    +2
    No George with his two unfunded wars would be by far the worst.
  • Lana 2012/07/13 17:28:41
    No, I can think of others who blew over 6 billion of taxpayer money on junk b...
    Lana
    +2
    NO, NO. NO ! He has been the BEST president ever but the GOP has blocked everything he has tried to do. They made sure that no jobs ever were created so that is who you should be mad at ! Wake the hell up !
  • Kane Fernau 2012/07/13 17:09:53
    Yes he is the worst EVER.
    Kane Fernau
    Investing is one thing wasting is another
  • Idiot repubs 2012/07/13 16:52:44
    No, I can think of others who blew over 6 billion of taxpayer money on junk b...
    Idiot repubs
    +2
    GM is the biggest automaker in the world, I thing the author is the worst question asker ever.
  • Christopher Kirchen 2012/07/13 14:23:57
    No, I can think of others who blew over 6 billion of taxpayer money on junk b...
    Christopher Kirchen
    +1
    He's the worst everything, ever, but what do you expect?
  • lurx: the soda jerk 2012/07/13 14:22:36
    No, I can think of others who blew over 6 billion of taxpayer money on junk b...
    lurx: the soda jerk
  • ☆ElenaD... lurx: t... 2012/07/13 14:28:47
  • lurx: t... ☆ElenaD... 2012/07/13 14:32:49
    lurx: the soda jerk
    +2
    John Boehner: Taxpayers Should Help Pay For Oil Spill

    Congressional Democrats and the White House are toying with different ways to force BP to cover the costs of damages from the Gulf oil spill. But they face stiff opposition from industry…and it seems leading Republicans. In response to a question from TPMDC, House Minority Leader John Boehner said he believes taxpayers should help pick up the tab for the clean up.

    http://tpmdc.talkingpointsmem...
  • ☆ElenaD... lurx: t... 2012/07/13 14:55:00
    ☆ElenaDiamond☆
    Yes. I have no problem with that.

    There is a difference between cleaning up our earth, and spending money on junk bonds that go bankrupt.
  • lurx: t... ☆ElenaD... 2012/07/13 15:01:59
    lurx: the soda jerk
    +3
    I really don't think that maintaining the government subsidies on the fossil fuel industry...

    http://www.nytimes.com/2011/0...

    ...is all that wise an investment, even though it is still the most profitable industry known to man.
  • Mr. T 2012/07/13 14:22:21
    Yes he is the worst EVER.
    Mr. T
    +1
    He is the worst at everything....EVER. If America folds and our streets look like Mexico, Italy or Greece you will know exactly why.
  • ģhøṡτ øώl 2012/07/13 14:14:24
    Yes he is the worst EVER.
    ģhøṡτ øώl
    +1
    And here we thought nothing could be worse than Scummy Carter.
  • ☆ElenaD... ģhøṡτ øώl 2012/07/13 14:18:36
    ☆ElenaDiamond☆
    +1
    Unbelievable that he wasted billions of tax dollars on junk bonds and people aren't FURIOUS.
  • ģhøṡτ øώl ☆ElenaD... 2012/07/14 12:19:49
    ģhøṡτ øώl
    There's a plethora of things people should be furious about. It just goes to show what a braindead, feeble society we've become.

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