Looks like “hindsight is 20/20″ is the excuse the White House is going with over guaranteeing a loan of over half a billion in taxpayer funds. Don’t we all wish it were that easy?
Here’s Obama from yesterday:
And here’s Steven Chu from today:
It’s almost verbatim from the both of them: they had to invest big money into green energy because China is doing it and not every investment will pan out.
Yeah, that’s fine if you are using YOUR money, but it’s not YOUR money that you are pissing away! And to the tune of half a billion on one company!
If Obama and Chu were investment brokers, they’d likely be in jail or at least out of a job for wasting this kind of money. It’s outrageous! And what’s even more outrageous is that it has pay-for-play written all over it.