|President Obama's Investments|
For those who only hear about these failing companies one by one, the following is a list of all the clean energy companies supported by President Obama’s stimulus that are now failing or have filed for bankruptcy. The liberal media hopes you’ve forgotten about all of them except Solyndra, but we haven’t.It's obvious that President Obamas lacks good judgment when it comes to picking winners. It seems that many of his choices were based on cronyism rather than whether the business would be successful.
Solyndra (received $535 million)
Beacon Power (received $43 million)
AES’ subsidiary Eastern Energy
Nevada Geothermal (received $98.5 million)
SunPower (received $1.5 billion)
First Solar (received $1.46 billion)
Babcock & Brown (an Australian company which received $178 million)
Ener1 (subsidiary EnerDel received $118.5 million)
Amonix (received 5.9 million)
The National Renewable Energy Lab
Abound Solar (received $400 million)
Chevy Volt (taxpayers basically own GM)
Solar Trust of America
A123 Systems (received $279 million)
Willard & Kelsey Solar Group (received $6 million)
Johnson Controls (received $299 million)
Schneider Electric (received $86 million)
|Bain Capital's Investments|
....during Bain Capital’s ownership, revenues grew in 80 percent of the more than 350 companies in which we have invested.
That's an 80% SUCCESS RATE!
I guess the difference was that Romney was looking out for his investers while Obama was only looking out for his pals rather than the taxpayers.
Now who would you rather minding the candy store?
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