Cronyism, Bailouts, and Media Bias inside the Solyndra Collapse
535 million dollars in taxpayer money, flushed down the drain by Obama and crew to fund a company that everyone knew was going bankrupt, will be just the tip of the iceberg if what the Washington Post is reporting is true:
If the 20 companies that have won loans so far deliver all the new jobs they have promised, they will hire a total of 8,050 new workers for permanent positions. Half of those 20 companies have neither created nor saved any permanent jobs yet; several won their loans only recently. Even the BrightSource project, which employs 700 construction workers now, will employ only 86 people on a permanent basis.
The cost for those 8,000 jobs? Close to 19 billion dollars of taxpayer money: