Americans are used to seeing their hard-earned tax dollars being wasted on failing enterprises. In 2009, the Obama administration began approving billions of dollars in loans to green energy companies. The most infamous of those companies was solar energy startup Solyndra. Obama approved a $535 million loan to Solyndra in 2009; Joe Biden and Energy Secretary Steven Chu even attended a groundbreaking ceremony for the company.
Two short years later Solyndra completely shut down, defaulting on their loan and leaving American taxpayers on the hook for the $535 million the government gave them. Though the most well-publicized, Solyndra is not the only beneficiary of green energy loans to default and leave taxpayers footing the bill.
Taxpayers have already had to cover the cost of roughly $1 billion in defaulted loans, with an expected total of over $2 billion in losses. With the number of green energy companies defaulting and operating at losses, this number is likely to go up over time.
Another government experiment gone horribly wrong is the administration’s creation of health insurance co-ops that accompanied Obamacare — more than half of which have already collapsed. To read a new report that shows that only four may be left in operation, continue reading on the next page:
Obama care never meant to work
Imagine that!
Gee is that a surprise?
Too big to fail?
2 more after that the they really have us. Any prices they want to charge. Then that one ins company can buy all the hospitals too. I thought we had laws against monopolies. Must be only when politicians loose money that those laws are enforced.
Ya think??
Obama care has affected Medicare so much that MANY NEEDED DRUGS THAT SENIORS TAKE ARE NOT ALLOWED BY MEDICARE. wHY IS IT ALLOWED FOR MEDICARE TO BLOCK OUR PRIVATE INSURANCES FROM US GETTING PRESCRIBED MEDICINES? THEY WANT EVERYONE TO TAKE ONLY THE GENERIC MEDICINES EVEN WHEN PRESCRIBED BY OUR DOCTORS!
THIS CONTROL IS ANTI AMERICAN AND LOOKS MORE AND MORE LIKE A CoMMUNIST WAY, WHY?
Donald Trump is showing the United States what happens when someone who is not controlled by politics, cannot be bought & frankly is, “just an American”.
Democrats hate him, Republicans can’t control him, & the Government wants to destroy him. So, if no party backs him—-most likely, he is a threat to their agendas, which in turn means he is a threat to their “lies & deception” It means it is EXACTLY what America needs right now!
People are always saying, we need to get every Career Politician out of politics, & it might as well start at the top!
If no party likes you, YOUR PROBABLY DOING IT RIGHT!!
VOTE D.J.TRUMP…He will Make America Great Again!!!
obbummer is doing this to create his own insurance co. after all the private go bankrupt, so the govt. will own the only insurance in the country!!!
now this is funny… Wile E. Coyote with an obummer care sign… that is funny.. Wile fails at everything he does, just like obummer……