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Posts tagged government

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The reality is our government if not the worst, then the second worst in the history of America has lied to, conned, bullied, spied on, covered up and deceived the American people, all of this has been possible through collusion with the national news media and the fact that we have the most self-serving and corrupt congress in the history of this nation.  

The reality is our government if not the worst, then the second worst in the history of America has lied to, conned, bullied, spied on, covered up and deceived the American people, all of this has been possible through collusion with the national news media and the fact that we have the most self-serving and corrupt congress in the history of this nation.  

Filed under reality government worst lied conned bullied spied on covered up deceived collusion national news media self-serving corrupt congress history

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The Energy Department conceded Friday that the federal government will lose $42 million on a loan to a shuttered Michigan van manufacturer — part of the same program that provided a $529 million loan to an electric car maker that also has gone under.
Fisker had received $192 million before federal officials froze the loan in 2011. The company has since laid off 75 percent of its workers, though the government has recovered only about $28 million of the money.
The losses come after federal government’s failed risked on solar panel maker Solyndra, which went under in 2011 despite receiving more than $500 million from the Energy Department.
http://www.washingtontimes.com/news/2013/sep/6/energy-department-loses-42-million-loan-michigan-c/#ixzz2eNTHjsKD

The Energy Department conceded Friday that the federal government will lose $42 million on a loan to a shuttered Michigan van manufacturer — part of the same program that provided a $529 million loan to an electric car maker that also has gone under.

Fisker had received $192 million before federal officials froze the loan in 2011. The company has since laid off 75 percent of its workers, though the government has recovered only about $28 million of the money.

The losses come after federal government’s failed risked on solar panel maker Solyndra, which went under in 2011 despite receiving more than $500 million from the Energy Department.


http://www.washingtontimes.com/news/2013/sep/6/energy-department-loses-42-million-loan-michigan-c/#ixzz2eNTHjsKD

Filed under bad money government lost $42 million $529 million $500 million

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