Obama 7 Biggest Business Screwups
September 7, 2011
Our guest
John Hawkins somehow manages to narrow Obama's list to the worst of the worst.
From
Townhall:
General Motors: Democrats hail GM as a wonderful success story that shows how well the government and private industry can work hand-in-hand to save jobs! The cost of that "wonderful success story?" Roughly 13 billion dollars in taxpayer money and a 45 billion tax break. That's supposed to be a victory? Gee, what was it that King Pyrrhus of Epirus once said after a "victory" like that over the Romans? Oh, yes, "Another such victory and I come back to Epirus alone." But no worries, as long as we can keep borrowing more money from the Chinese while your children pay the bills, Obama's fatcat corporate pals will never have to go it alone.
Solyndra: Those "green jobs" Obama talks about incessantly have really worked out well, haven't they? Just look at Solyndra. It received 535 million dollars of your money via stimulus loans and now? Solyndra just laid off 1100 workers and went into Chapter 11 bankruptcy. Hmmm, maybe there was a REASON that it had to get that huge loan from the government instead of investors beyond, "Capitalists are big meanies!"
Five more at
Townhall.