Quote of the Day – President Obama Edition Part 3

“We knew from the start that the loan guarantee program was going to entail some risk by definition, the overall portfolio has been successful.” “There were going to be some companies that did not work out; Solyndra was one of them,”

President Obama on Solyndra’s bankruptcy. 

It wouldn’t have been inevitable had the listened to the auditors who said that the company wasn’t viable.  We can have the debate about if government should give loans to private businesses to help get off the ground.  But what shouldn’t be debatable is that when a company is audited and found to be overly risky, they don’t deserve tax payer money.  Where are the Occupy Wall Streeters on this issue?