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Old 01-02-2018, 09:03 AM   #7
Fager Fan
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Join Date: Mar 2010
Posts: 5,222
Quote:
Originally Posted by mostpost View Post
SOLYNDRA
Treasury Department Inspector General issued a report saying that Solyndra lied to federal officials, independent market analysts and a credit agency in order to obtain the loan guarantees.

There is no credible evidence that anyone in the administration benefitted from the loan guarantees.

Despite the Solyndra loss and a few other defaults the program has shown a profit as of 2014 of over $30B. Since I have heard no "Scandals" since, I suspect that profit has grown. Plus clean energy continues to expand.
Phony Scandal #1 debunked.
.
Actually, Phony Defense debunked.

$30b profit? No way, I thought, so did some searching. As expected, you're so far off the mark that it's comical. Did you mean $30m? Even that isn't correct, though, given the interest the gov has to pay on the loan to international investors.


https://www.washingtonpost.com/news/...=.82527bb119c8
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