8 December 2011 0 Comments

Lower Merion Ardmore Transit: Solyndra – Millions of Public Taxpayer Money to Private For Profit Developer – All Sizzle, No Steak

Solyndra — Millions and millions of dollars to politically connected for profit private developer for a project that, plain to be seen, is not profitable.

Ardmore Dream and only a dream…

 

There were those who profited from taxpayer money; those connected to the elected, and Carl Dranoff is very connected to the Democratic Establishment Insider Network.

Solyndra…long term, stimulus, multiplier effect. All sizzle, no steak …. Con men sell sizzle, not steak. All we will get is sizzle. It is more likely that you and I will be hit by lightening than that Amtrak sells. An accounting? what’s that? Manager Cleland does not recall being asked for an accounting in those words? I think he was asked how much was spent. $750k Consultants, Architects, Engineers, Lawyers, no accountants… by the way, Ludington seems to be several hundred thousand dollars over budget. I don’t know whether that was in contingency.

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