the left would be screeching up a storm. From March 6, 2012 ABC News:
President Obama's Department of Energy helped finance several green energy companies that later fell into bankruptcy -- but not before the firms doled out six-figure bonuses and payouts to top executives, a Center for Public Integrity and ABC News investigation found.
Take, for instance, Beacon Power Corp., the second recipient of an Energy Department loan guarantee in 2009. In March 2010, the Massachusetts energy storage company paid cash bonuses of $259,285 to three executives in part due to progress made on the $43 million energy loan, Securities and Exchange Commission records show. Last October, Beacon Power filed for Chapter 11 bankruptcy.And they give a bunch of other examples of this sort of behavior. It would be disgusting if they were doing this entirely from private funds. But with our tax dollars as part of the process? Completely unacceptable. Not surprisingly, progressive Obama has been presiding over this sliminess.
But if you point out this discrepancy to flaming leftists like my brothers and their Stalinist wives, it is the fault of the businesses, not the (suddenly outfoxed) government that enabled such graft by handing out the goodies with so little oversight.
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