Saturday, November 5, 2011

Solyndra - Obama Takes The Fifth

In shades of the Watergate Scandal, which led to President Nixon' resignation, Socialist President Obama is asserting Executive Privilege rather than comply with a House of Representatives subpoena for documents related to the $528 million Solyndra Scandal.  Is it any wonder that Obama is taking the Fifth in order not to incriminate himself.   From what we know so far, Obama approved this loan/grant to his pals at Solyndra even though the President was advised by many in his own Administration that Solyndra was a poor risk.  Solyndra got this government money, funded by American taxpayers because their senior management was involved in raising big bucks for Obama.   Well Dah!

What is worse and very unusual, the federal government subordinated its position in the event of a bankruptcy to other investors.   What that means is that instead of being first in line related to any assets to be distributed by a bankruptcy court, the federal government is last in line.    Gosh, the brainiacs in the Obama Administration were really, really dumb, or maybe corrupt and smart like a fox to pay off their friends.   If Solydra was an isolated incident, maybe we could forgive Obama's corruption and incompetence; but apparently there are Green companies that received Green Loans that are also filing for bankruptcy.   The American Taxpayer is likely to lose billions of dollars before we hear the end to this story.    Oh well, easy come for Obama by the sweat and hard work of the American people. 

When is someone going to go to jail for this fiscal mismanagement?   About the best we can do is make Obama a one term President, when maybe he should be in jail for this corruption along with many of his Socialist pals in Congress that are responsible for the financial collapse that has devastated our economy. 

We have got to take back our country in 2012 and 2014 by sweeping these Socialists at all levels of government, including President Obama, out of office.   Many of these characters are crooks feeding at the trough that should be in jail not in government.   Socialists are actively working to bankrupt our country.   The last thing we should do is give them higher taxes to waste even more money. 

We have got to elect common sense Conservatives, not RINO's, in 2012 and 2014 that support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real energy, education, health care and entitlement reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation again in our country.

We have to take back our country by sending these Socialist crooks packing in 2012 and 2014.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   Cards talk and numbers don't lie; but Socialists and Communists, like President Obama do lie.  That is the reason Obama is taking the Fifth related to Solyndra.   This is a classic case of pay offs and corruption; plain and simple. 

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