Solyndra is Obama’s Bastard Baby

August 6, 2012 06:12


“He raised it, nursed it with the milk of taxpayer dollars and now avoids any claim to paternity.”- Business Week

 

 

By Jim Snyder at Bloomberg Business Week


EXCERPTS:

Republicans and allied groups have used Solyndra as a metaphor for what they see as President Barack Obama’s broader failure to revive the economy.

“Solyndra is President Obama’s baby,” said Benjamin Cole, a spokesman with the American Energy Alliance, an industry- backed lobbying group that says it supports free-market principles. “He raised it, nursed it with the milk of taxpayer dollars and now avoids any claim to paternity.”

 

“Solyndra is a prime example of the perils that come when the federal government plays investor, tries to keep a company and industry afloat with subsidies, …

 

… including then- director Jack Lew, who is now the White House chief of staff, knew about the concerns …

FULL ARTICLE



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