Dems latest attack on Romney backfires

Steve Maley:

In a move that they’ll surely regret, the Obama campaign has called attention to a “green energy” loan to Konarka Power Plastic of Lowell, MA while Mitt Romney was governor. They have accused Romney of hypocrisy in his criticism of the Obama Administration’s DOE loan guarantee to Solyndra and other “green energy” firms.

Here’s how the two loans panned out:

	Obama	Romney
Failed Green Company	Solyndra	Konarka
“Investment”	$535,000,000	$1,500,000
Taxpayer Money Lost	$528,000,000	$0
Years to Bankruptcy	2	9
Source of Funds	Federal	State
Loan Repaid?	No	Yes
Tied to Wealthy Campaign Donors?	Yes	No

You’ve gotta wonder about someone who can draw any kind of equivalence between these two programs. Maybe that’s the difference between a community organizer and a businessman. [Update: Note also that there have been several other failures in Obama's DoE LAN guarantee program, notably Beacon Power Corp., a failure of similar scale to Solyndra. - Ed.]

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My headline is almost sounding redundant there have been so many backfires spoiling Obama and Democrat attacks, but this one is a self inflicted wound they could have avoided if they had looked just a little deeper at the facts.  If only Solyndra had done as well as Konarka.... taxpayers would be better off.