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alp227

(32,023 posts)
Thu May 31, 2012, 05:09 PM May 2012

Romney accuses Obama of 'crony capitalism' in Solyndra trip [View all]

Source: LA Times

Mitt Romney made a secretive trip to the shuttered headquarters of the Solyndra solar-energy company, arguing it was a symbol of “crony capitalism” that received federal loan guarantees because of its ties to the Obama administration, and asserting that it showed the president’s lack of understanding of how the economy works.

“It's a symbol not of success but of failure. It's also a symbol of a serious conflict of interest,” Romney told reporters across the street from the glass building, reiterating a Republican charge that the firm received a $535-million federal loan guarantee because one of its largest investors is a major fundraiser for Obama.

(...)

Romney’s visit to Solyndra was unusually secretive, with the campaign closely guarding details of the event. Reporters, who typically receive advance notice about where and when campaign events will occur, were told to gather in a hotel parking lot in Redwood City for a bus trip to an undisclosed location. Romney rode with the press in the bus.

(...)

Democrats pointed out that the program from which Solyndra received the loan guarantee was signed into law by President George W. Bush, but Romney countered that Obama’s administration approved the Solyndra deal itself.

Read more: http://www.latimes.com/news/politics/la-pn-romney-solyndra-visit-20120531,0,1121164.story



Well, if Romney is proud to go to Solyndra and attack Obama, WHY HIDE FROM THE MEDIA?
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