ABC News: Failed Obama Energy Loan a Half Billion Dollar Hit to Taxpayers?

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Uploaded by on Sep 1, 2011

ABC News investigates the closing of California solar panel company, Solyndra - a recipient of a $535 million Energy Department stimulus loan. While President Obama regularly touted Solyndra as a stimulus "success story," the company announced August 31 that it was shutting its doors. The Energy and Commerce Committee has been investigating the loan guarantee over the course of the 112th Congress. More information can be found here: http://energycommerce.house.gov/News/PRArticle.aspx?NewsID=8890&IID=14

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  • obama is destroying the economy while he lets his friends steal tax payer money...Vote him out in 2012!!

  • It's about time the Liberal media starts exposing the backroom gangster deals this administration is really all about. You libs think the dems have got your back and are on your side, think again. Only people that are producers and can make it work on their own without the government propping them up are going to be able to last in the long run giving you the jobs you so earnestly claim to want. You can't kill the goose that lays the golden egg!

  • NAFTA was also pushed through by Bill Clinton, not Bush

  • And NAFTA has nothing to do with China

  • @milnersXcoupe Non-sense , this was Obama/Democrats baby from the start.

  • ‎.

    Thank Congress and Republican NAFTA_WTO Legislation which Insures failure of any large scale product initiative:

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