Quote:
Originally Posted by island911
Oh, you mean like the half a billion in guaranteed loans that Solyndra (or any of the other green tech companies now red) took?
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Yes. A loan is not a gift or grant. They were not 'GIVEN' any money. The money is a loan only to be used in very specific ways as spelled out in their agreement, and that they are obligated to repay.
Failures of other borrowers and creditors are easy to find in both the public and private sectors.