Romney to Obama: “You Pick the Losers”

Marita Noon

Marita Noon - Mitt Romney’s comment about President Obama’s acumen as a public equity investor: “You pick the losers,” has put Obama’s failed green energy emphasis under the microscope, bringing into question: have any been a success? Well, some haven’t failed, yet.

In our last report, Obama Never Admits Green Energy Failure, we profiled 15 companies that each received funds from the American Recovery and Reinvestment Act—the stimulus—and have gone bankrupt. In Wednesday’s debate, Romney listed two of our “bankrupt” list: Solyndra, the best known, and Ener1, now known thanks to Romney; and two that haven’t failed, yet: Fisker and Tesla—both electric vehicle manufacturers.

Fisker and Tesla received their funding from the Advanced Technologies Vehicle Manufacturing Program (ATVM), but they are not the only two green energy stimulus-funded projects that are troubled. Here, in this report, we will profile twenty different companies/projects that received funding from various loan guarantee programs (LGP), grants, and tax incentives. These are projects that are still functioning, but are facing difficulties. Read More News New Mexico

Romney to Obama: “You Pick the Losers”