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    Default Re: 2012 U.S. Presidential Election

    It may not be as much of a failure as Solyandra was, true. But it's still an embarrassment for someone who just a few hours earlier made a speech in front of the Solyandra building in order to emphasize how the whole deal reflected Obama's inability to govern.

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    Default Re: 2012 U.S. Presidential Election

    Quote Originally Posted by Dark Sage View Post
    It may not be as much of a failure as Solyandra was, true. But it's still an embarrassment for someone who just a few hours earlier made a speech in front of the Solyandra building in order to emphasize how the whole deal reflected Obama's inability to govern.
    Except Solyndra is a example of Obama's inability to govern, they gave over a half a billion dollars to a company that had already been written off by the Bush Administration as a failure. And you know what? The Bush Administration was right! It was a failure! Here it is a company that lasted nine years after the loan and most of the way through a terrible economy, and the bottom of the solar industry falling out.

    To put it simply, it is like getting the chance to invest in Blockbuster in 2003 or investing in Blockbuster in 2011, you cannot foresee the future of Netflix and Redbox back then, but in 2011 you can see the future of Blockbuster and see it is a poor investment.

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    Default Re: 2012 U.S. Presidential Election

    I'm not saying that it's the same thing from a financial standpoint. Clearly, Solyandra was a much bigger deal.

    However, due to the fact that this was also a company with the same goals as Solyandra that got a state loan from Romney when he was governor which has now failed... From a symbolic standpoint, this makes Romney look bad.

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    Default Re: 2012 U.S. Presidential Election

    Quote Originally Posted by Dark Sage View Post
    I'm not saying that it's the same thing from a financial standpoint. Clearly, Solyandra was a much bigger deal.

    However, due to the fact that this was also a company with the same goals as Solyandra that got a state loan from Romney when he was governor which has now failed... From a symbolic standpoint, this makes Romney look bad.
    Not really, as you compare the numbers of the loan, compare the dates, and compare what went into the company getting the loans and you find they were two far different things. Besides which Democrat will actually be stupid enough to use it against Romney? By trying to use it, it just reinforces Solyndra in voters minds.

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