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A Massachusetts solar company to which Mitt Romney personally delivered a $1.5 million loan when he was governor has gone belly up, leaving him vulnerable to the same "picking winners and losers" charges that he's been lobbing at President Barack Obama over Solyndra.
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The GOP campaign noted that Massachusetts officials approved Konarka's loan application for a new pilot production assembly line in December 2002, the month before Romney was sworn in. And even if Romney had been in office then, the agency that greenlighted the loan wasn't under the direct control of the governor.
Later in his term, Romney tried to defund the underlying green energy financing program."
The GOP campaign noted that Massachusetts officials approved Konarka's loan application for a new pilot production assembly line in December 2002, the month before Romney was sworn in. And even if Romney had been in office then, the agency that greenlighted the loan wasn't under the direct control of the governor.
Also, they raised less than 1% from the government, now lets compare it to what % Solyndra got from the govenment.
Konarka, in the meantime, went on to raise $170 million in private capital as it amassed more than 100 patents for a variety of solar products, including thin, flexible panels that its customers then build into bags and umbrellas. It also raised $5 million more in state loans under Democratic Gov. Deval Patrick's administration
Im not sure whats funnier. This thread, or the part where the obama administration thinks this is ammo.
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