Saturday, June 2, 2012

Diamond Jubilee - Romney Hits Obama On Solyndra - Cbs News

(CBS News) Presumptive Republican nominee Mitt Romney biten President Obama Thursday to get his determination to offer mortgage loan makes sure of for just a California solar business that later journeyed bankrupt, forcing again against the president's accusations in which Romney directed an individual money organization that procured funds outside of several companies just before many people failed.

"I feel it's really a conflict interesting regarding a number of size to help include a great government including a president have taxpayer money, a 50 percent your billion bucks involving taxpayer money, along with commit it to your business that's owned by means of major plan contributors. That's a authentic problem," Romney explained within a strong occupation interview by using CBS' Jan Crawford, even though he presented zero resistant associated with in which charge.

Fact checking corporation PolitiFact includes labeled this particular charge, typically duplicated simply by Republicans next to Mr. Obama, because "mostly false."

Solyndra received additional related to $535 thousand in loan helps ensure from the Energy Department with last year just before it went bankrupt inside 2011. The mortgage loan assurance application had been started out underneath your administration involving original President George W. Bush.

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