Since we now know from one of our posters, Obama's intent with his Bain ads is to destroy the company....that I did not know......but a few things to be mentioned...

First, he is getting donations from Bain and I suppose he doesnt matter if he puts them out and he loses the donations...what an honorable guy....

Then.....

"Despite a growing backlash from his fellow Democrats, President Obama has doubled down on his attacks on Mitt Romney’s tenure at Bain Capital. But the strategy could backfire in ways Obama did not anticipate. After all, if Romney’s record in private equity is fair game, then so is Obama’s record in public equity — and that record is not pretty.

Since taking office, Obama has invested billions of taxpayer dollars in private businesses, including as part of his stimulus spending bill. Many of those investments have turned out to be unmitigated disasters — leaving in their wake bankruptcies, layoffs, criminal investigations and taxpayers on the hook for billions. Consider just a few examples of Obama’s public equity failures:"

Forget Bain — Obama’s public-equity record is the real scandal - The Washington Post

Raser Tech.....given 33 million dollars of taxpayer money in 2010. Went through that money and filed for bankruptcy in 2012 and owes 1.5 million in back taxes

ECOtality.....given 126.2 million of taxpayer money in 2009. Company president attended the state of union address and sat with Mrs Obama in her box in 2010; hailed as a stimulus success story by Obama. Have incurred over 45 million in losses and is under investigation for insider trading.

Nevada Geothermal Power.....Obama gave them 98.5 million in 2010. They have reported in turmoil and their auditor reported that there was significant doubt they could continue at all.

First Solar.....3 Billion in loan guarantees from Obama. They just fired 30 percent of the work force and are losing about 450 million

Abound Solar, Inc.....400 million dollar guarantee. They just laid off 180 employees

Beacon Power......43 million guarantee. In 2011 they filed for bankruptcy.

NOW...There are more companies listed but what struck me about all of this is , and this should really get your attention...

"Amazingly, Obama has declared that all the projects received funding “based solely on their merits.” But as Hoover Institution scholar Peter Schweizer reported in his book, “Throw Them All Out,” fully 71 percent of the Obama Energy Department’s grants and loans went to “individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party.”


WHAT A President we have !!!!