Quote:
Originally Posted by mostpost
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.
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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