Why Is President Obama Making Such Poor Investment Choices

Who Is Advising Him Or Is He Thinking Off The Top Of His Head

Barack Obama at Solyndra

U.S. President Barack Obama has made a number of failed investments using billions in taxpayer money that will not be seen again. That money is gone. He heavily invested in the solar, green and banking sectors to disastrous results. One has to wonder if he is using gut feeling to make these risky investments, as had he utilized due diligence, cost analysis and projected profit reports, he would have seen the lack of profitability and feasibility of his choices.

Should presidents be allowed to sink billions in taxpayer funds into pet projects and companies owned by campaign donors, especially those labeled "bundlers" (people bringing in $250,000 or higher in campaign donations). There exists a massive conflict of interest that is not in the nation's best financial interest.

STORY SOURCE

‎The Other Solar Failure

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Even After The Bankruptcy Of Solyndra Obama Rushes Through Billion More In Green Loans

Barack Obama at Solyndra

After the massive collapse and bankruptcy of U.S. President Barack Obama's $535,000,000 pet project, funded by the taxpayers, known as the solar company Solyndra, most would think the administration would be more cautious in doling out the people's money in said sector of the economy. Not so.

The Obama Administration has just rushed out $9 billion dollars more in taxpayer money to the solar industry, in an attempt at beating China, which has cost effectively perfected the sale and distribution of said apparatus, at a very low cost.

Once again, as the Judiciary Report has stated for 2 and a 1/2 years, these non-necessity initiatives need to be placed on the back burner, until America is on stronger financial footing. The taxpayers and the nation deficit cannot afford any more costly mistakes.

If I were a head of state facing the financial problems America is, I would stick to proven industries that can provide quick and robust returns and shore them up. You reward success, not failure. Yes, it is wise to not give up, but one must use common sense and moderation in how one goes about things, when trying again, especially when the financial stability and success of a nation of 305,000,000 people are at stake.

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