Solyndra Scandal

Obama spent $535 million of taxpayers’ money to fund a “green energy” company (Solyndra Inc.)– despite high-risk warnings from White House staffers– which went bankrupt 2 years later. Then, there was a cover-up of this scandal by the Obama Administration before the 2010 midterm election. It turns out that a big Obama donor played a pivotal role in securing federal financing for Solyndra, and that the same guy moved ahead of taxpayers in line for repayment when Solyndra defaulted.

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