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-Election 2012
Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion
2012-10-16
Posted by:DarthVader

#11  C'mon these are presidential debates. I expect the same level of integrity as a $20 hooker in a dark alley. :-)
Posted by: Raider   2012-10-16 22:31  

#10  I'm thinking a lot of these green energy companies that failed were just front companies for money laundering of money that found its way back to the Chicago boys (and girls).
Posted by JohnQC


There was also big time gambling in the backrooms of Capone's Chicago speakeasies.
Posted by: Besoeker   2012-10-16 17:47  

#9  I'm thinking a lot of these green energy companies that failed were just front companies for money laundering of money that found its way back to the Chicago boys (and girls).
Posted by: JohnQC   2012-10-16 16:22  

#8  More crony-capitalism low-hanging fruit for the debate tonight. I just don't trust Candy Crowley to be an honest moderator in the debate.
Posted by: JohnQC   2012-10-16 16:21  

#7  The statement could be true.
It just depends on the definition of 'is' 'we.'
Posted by: Spinetch the Wide7736   2012-10-16 15:49  

#6  How, the William J Lapetomane Thruway?

Dimes don't pay back crates of $100's.
Posted by: swksvolFF   2012-10-16 14:10  

#5  

A123 Systems Inc. (AONE), a maker of rechargeable lithium-ion batteries for electric cars, filed for bankruptcy after failing to make a debt payment that was due yesterday.

The company listed assets of $459.8 million and debt of $376 million as of Aug. 31 in Chapter 11 documents filed today in U.S. Bankruptcy Court in Wilmington, Delaware.



The bankruptcy filing may fuel further political debate over government financing of alternative-energy and transportation businesses. Federal grants and loans to companies including A123, Fisker Automotive Inc. and Tesla Motors Inc. have drawn scrutiny from congressional Republicans following the September 2011 bankruptcy filing of solar-panel maker Solyndra LLC two years after it received a $535 million loan guarantee from the U.S. Energy Department.



Electric-vehicle sales since 2011 totaled fewer than 50,000 through September, just 5 percent of ObamaÂ’s target to have 1 million such vehicles on U.S. roads by 2015.



Republican presidential candidate Mitt Romney said last month that Obama has picked “losers” for alternative-energy loans and grants. His running mate, Paul Ryan, has called for all green-energy subsidies to be eliminated.



A123 has posted at least 14 straight quarterly losses. Its shares have fallen 85 percent this year to 24 cents at yesterdayÂ’s close in New York and traded at 16 cents at 8:29 a.m. before the start of regular trading.
Posted by: Bright Pebbles   2012-10-16 13:03  

#4  "As I see him, Barack Obama belongs to an alien species hostile to life on earth".
Ilana Mercer


Posted by: Besoeker   2012-10-16 09:25  

#3  Well, that's not what I was told.

Besides, it saved 5 or 10 million jobs, so it was worth it.

Not to mention I've fixed it so only my big donor's banks can get federal money again, but it won't be called a "bailout" for them.

Signed, 0
Posted by: Bobby   2012-10-16 06:36  

#2  Math is...hard!
Posted by: tu3031   2012-10-16 00:55  

#1  We missed our Accounting courses that decade, didn't we???
Posted by: JosephMendiola   2012-10-16 00:28  

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