Rush Limbaugh on venture socialist vs. venture capitalist

June 1, 2012 05:58


Limbaugh praised Romney’s surprise attack on Obama’s failed venture socialist scheme at the location of Solyndra the company that was owned by Obama campaign supporters and received a half BILLION dollars of taxpayer money before filing bankruptcy.

“You realize that if the business had done spectacularly well, the shareholders – his friends – would have done very very well. but the taxpayers would have just gotten their money back,” he said. “On the other hand, of course, if the business failed, as it did, it’s the taxpayers that get stuck with losing a half a billion dollars. So it’s heads and his cronies win, and tails and the taxpayers lose,” – Mitt Romney

 

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