Monday, October 03, 2011

Obama doesn’t regret Solyndra loan

The Hill reports:
President Obama on Monday defended the administration’s half-billion-dollar financial support for the solar-panel company Solyndra, which filed for bankruptcy in early September.

Asked by ABC News if he regretted holding up Solyndra as a model for jobs and clean energy, Obama replied "No, I don't, because if you look at the overall portfolio of loan guarantees that have been provided, overall it's doing well."
It's only other peoples money that Obama didn't earn but controls.