"An ad from the Romney campaign strains facts to make its point that federal grants and loans to green-energy companies were improperly steered to "Obama’s political backers, and that federal money was wasted on failing companies that are now laying off employees."
THIS PART IS TRUE
"■It claims the “inspector general said contracts were steered to ‘friends and family.’ ” But that’s not exactly what the inspector general said. And in the year since he said he was investigating such alleged “schemes,” no public charges have been made, at least not yet."
SO WHAT DID THE INSPECTOR GENERAL SAY?
NO CHARGES HAVE BEEN MADE - BY HOLDER? :laugh:
"■The ad highlights the struggles — company losses, nose-diving stock and layoffs — at several companies that received substantial Department of Energy loans and grants. The ad fails to note, however, that most of the layoffs at those companies were overseas, or that the projects backed by DOE are largely moving along as planned. An independent review of the DOE program says its failure rate has been better than anticipated."
SO WHY IS OBAMA GIVING MONEY T
VERSEAS COMPANIES?
"■The ad uses an inflated figure from a partisan source to quantify loans and grants that went to Obama donors."
WHAT DIFFERENCE DOES THE SOURCE MAKE IF THE FIGURES ARE TRUE?
I NOTICE THAT NO FACTS ARE GIVEN IN THIS FACT CHECK :laugh: