Romney Campaign: ‘Obama Is Giving Taxpayer Money To Big Donors And Then Watching Them Lose It’ [Video]
Mitt Romney’s newest web video accuses President Barack Obama and the Department of Energy of using a stimulus program to spur green jobs to pay off their friends by giving money to failing business ventures run by Democratic donors. The commercial highlights three energy companies that received loan guarantees through a DOE program and later lost money or went bankrupt; Solyndra, ECOTality, SunPower and First Solar. The ad alleges these companies received the cash because of their ties to the Obama ddministration and the Democratic Party.
“You’ve heard of Solyndra. They took $535 million in taxpayer loan guarantees and went bankrupt. But that’s not even half the story,” the video’s narrator says as an ominous piano sountrack plays. “More than 16 billion dollars have gone to companies like Solyndra that are linked to big Obama and Democrat donors. … Obama is giving taxpayer money to big donors and then watching them lose it.” Read More