Wednesday, February 22, 2012

Bankruptcy Judge Approves Solyndra Bonuses

Bankrupt Solyndra, managed by Socialist President Obama's pals, attempted to provide $500,000 in bonuses to 21 employees.  The bankruptcy judge, dealing with the dissolution of the company, allowed $370,000 to be paid.  Again, this is the solar company that received $535 million tax payer dollars from Obama to fund their development that is now down the drain.   This is also the company's management that donated significant monies to Obama's election campaign.  Gosh, could there be a connection.   Well dah!!

The real question is why should a bankrupt company pay any bonuses at all; particularly with tax payer money.  By definition, the management of Solyndra failed to produce financial results that would have prevented the bankruptcy.  So paying out $370,000, or any amount, of tax payer money to reward these clowns is ridiculous.  However, this is crony capitalism at work.  These characters are Friends of Barack Obama and apparently Obama takes care of his friends.  Of course, that is no surprise. 

Socialist President Obama is in business to take care of his PEEP's, the 67 million Americans on the dole, the 50% of Americans that pay no income taxes at all, big unions, trial lawyers, radical environmentalists, Hollywood types and crony capitalists all feeding at the trough.   Obama takes care of them and they take care of him by making huge donations to his PAC and reelection campaign.  It is a vicious cycle of corruption. 

We have to take back our country in 2012 and 2014 by sweeping these Socialists, at all levels of government, including President Obama, out of office to prevent the bankruptcy of our nation.  Solyndra is just the tip of the iceberg of corruption and sleaze.   We have to put on our hip boots to drain the swamp that is Washington DC.   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.  While many people in our country struggle to pay their bills,  the management of bankrupt Solyndra are getting bonuses at tax payer expense.  Go figure.  This Obama corruption has to stop.

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