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In 2009 the Obama administration gave $535 million to Solyndra, claiming that it would create 4,000 new jobs. However, instead of creating those 4,000 new jobs, the company went bankrupt.
It was later revealed that the company’s shareholders and executives had made substantial donations to Obama’s campaign, that the company had spent a large sum of money on lobbying, and that Solyndra executives had had many meetings with White House officials.
Although Obama stated that all of the “green energy” companies that received taxpayer money were chosen “based solely on their merits,” the truth is that 71% of these grants and loans went to Obama donors and fundraisers, who raised $457,834 for his campaign, and were later approved for grants and loans totaling more than $11 billion.
By November 2011, the Energy Department’s inspector general had begun more than 100 criminal investigations related to Obama’s “stimulus.” Although an “independent” review said that Obama had not done anything wrong, it was later reported that Herbert M. Allison Jr., the person who had conducted this “independent” review, donated $52,500 to Obama’s campaign.
In 2009 the Obama administration gave $535 million to Solyndra, claiming that it would create 4,000 new jobs. However, instead of creating those 4,000 new jobs, the company went bankrupt.
It was later revealed that the company’s shareholders and executives had made substantial donations to Obama’s campaign, that the company had spent a large sum of money on lobbying, and that Solyndra executives had had many meetings with White House officials.
While working as a “community organizer,” Obama filed lawsuits which forced banks to give mortgages to people with bad credit and low incomes. As a result, many of these people ended up defaulting on their mortgages. As their attorney, Obama collected $23,000 in legal fees for himself.
Then in April 2013, during Obama’s second term as President, the Washington Post reported that President Obama was still pressuring banks “to make home loans to people with weaker credit.”
The definition of what "poor" is will be forever changing as long as White people keep stealing, creating debt slaves, and driving up the price on everything.
I'm not a liberal, it's time people stop automatically associating being an ethnic minority with being a liberal. And secondly, I don't demonize wealth so as long as it's acquired in a moral way. America and most westernized countries have been brought up in a society that teaches them to gain wealth irregardless of who they hurt or adversely affect, when it's gotten to the point where we value money over humanity which is true in the USA and most westernized countries more than anywhere ie (GMO'S/Monsanto) then that's where your greed has gotten out of hand. I don't expect many White people to comprehend what I said, but hopefully a few of you will.
The middle class in the worlds "richest" countries aren't that much richer than many countries that are considered poor. What does that mean? The worlds richest country's rich people are REALLY rich and have been extremely effective at creating debt slaves, you can feel proud to be a debt slave if you want, but I'll be headed where the depression and suicide rate isn't so high and people actually enjoy their life.
I'm not a liberal, it's time people stop automatically associating being an ethnic minority with being a liberal. And secondly, I don't demonize wealth so as long as it's acquired in a moral way.
Doctors can make around $200k and they save lives but Obama had no problem demonizing them.
The definition of what "poor" is will be forever changing as long as White people keep stealing, creating debt slaves, and driving up the price on everything.
I'm not a liberal, it's time people stop automatically associating being an ethnic minority with being a liberal. And secondly, I don't demonize wealth so as long as it's acquired in a moral way. America and most westernized countries have been brought up in a society that teaches them to gain wealth irregardless of who they hurt or adversely affect, when it's gotten to the point where we value money over humanity which is true in the USA and most westernized countries more than anywhere ie (GMO'S/Monsanto) then that's where your greed has gotten out of hand. I don't expect many White people to comprehend what I said, but hopefully a few of you will.
The middle class in the worlds "richest" countries aren't that much richer than many countries that are considered poor. What does that mean? The worlds richest country's rich people are REALLY rich and have been extremely effective at creating debt slaves, you can feel proud to be a debt slave if you want, but I'll be headed where the depression and suicide rate isn't so high and people actually enjoy their life.
wow, talk about hating and racism.
I do have to laugh at your "debt slave" comment. When people use debt to buy things is someone holding a gun to their head?
In most cases no, there's no gun being held to their head. It's just through coercion and practicing bad and sometimes racist (Wells Fargo) lending habits. The average American relies very heavily on loans to maintain their lifestyle. I find it laughable when people say I want to "own" a home by the time I'm 30...I think, "No you won't own a home for about another 30 years, you'll be in debt though and you'll probably be approved for a loan with payments that you can barely afford to make ". There's such a taboo on renting, yet there's so many countries that do it happily and successfully.
Call them racist when they deny the loan, then call them racist because the people couldn't afford the mortgage. Wow!
Obama was a pioneering contributor to the national subprime real estate bubble. Roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.
Obama’s lawsuit was one element of a national “anti-redlining” campaign led by Chicago’s progressive groups, who argued that banks unfairly refused to lend money to people living within so-called “redlines” around African-American communities. The campaign was powered by progressives’ moral claim that their expertise could boost home ownership among the United States’ most disadvantaged minority, African-Americans.
Guilty! "Obama Sued Citibank to Force it to Make Bad Loans"
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". There's such a taboo on renting, yet there's so many countries that do it happily and successfully.
