Trevor Loudon
New Zeal
9/21/2011
Crony capitalism, or as I prefer to call it, fascism, is an ugly thing.
This casual looting of the US taxpayer is hideous. Listen to how the audience laughs at this corruption.
Related: Solyndra employees speak out about mismanagement and sloppy spending
…“After we got the loan guarantee, they were just spending money left and right,” said former Solyndra engineer Lindsey Eastburn. “Because we were doing well, nobody cared. Because of that infusion of money, it made people sloppy.” …
…Kohlstadt said Solyndra’s collapse leaves him doubly affected.
“I’m being hit twice: As a taxpayer, $500 million, where did it go?” he said. “I’m hit a second time: I’m not getting money that is owed to me and the government hasn’t done anything to look out for us.”
Kohlstadt’s quote is right on the money and worth remembering. This scandal matters because we, the taxpayers, are on the hook for the loan…
There’s video of a Sean Hannity/Michelle Malkin interview at the link.
Update: Solyndra’s ‘Green Jobs’ Included Employment for D.C. Lobbyists — Including Former Democrat Aides
