“Since taking office, Obama has invested billions of taxpayer dollars in private businesses, including as part of his stimulus spending bill. Many of those investments have turned out to be unmitigated disasters — leaving in their wake bankruptcies, layoffs, criminal investigations and taxpayers on the hook for billions. . . .
“Amazingly, Obama has declared that all the projects received funding ‘based solely on their merits.’ But as Hoover Institution scholar Peter Schweizer reported in his book, ‘Throw Them All Out,’ fully 71 percent of the Obama Energy Department’s grants and loans went to ‘individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party.’”
Which is why I prefer to call his administration Obamaloot. Crooks.
THE TEXAS SCRIBBLER 