Showing posts with label Presidential Failure. Show all posts
Showing posts with label Presidential Failure. Show all posts

Another Obama Success

Another $2.1 Billion down the crapper.
How do you turn a $2.1 billion dollar loan into assets of $10 million?



A California solar energy company that was unable to meet a deadline for an Energy Department loan guarantee last year has sought bankruptcy protection in Delaware.
Solar Trust of America’s Chapter 11 filing on Monday listed assets between $1 million and $10 million, and liabilities between $10 million and $50 million.
This bunch has a gift for losing money. Especially taxpayer money.
Update:
Solar Trust turned down the loan offer from Obama's bunch. A narrow escape for taxpayers.

Advertising His Failures

If it was a success he wouldn't have to advertise.



The Obama campaign dumped 5,000 ads into 25 swing-state markets Jan. 19-25, according to the Wesleyan Media Project, which analyzes political ad spending. That’s about 33 ads daily in each television market.
It’s unusual for an incumbent to run campaign ads 10 months before the election, particularly in such volume, says David Pesci of the Wesleyan project. “He’s either being very aggressive or he’s more nervous than they’re talking about.”
Expect more of this, he has some new super PAC money to blow.