Is it wise for Romney to go after Solyndra?
GOP candidate makes surprise visit to bankrupt green energy firm
- Duration 5:36
- Date Jun 1, 2012
GOP candidate makes surprise visit to bankrupt green energy firm
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The governor Mitt Romney making a surprise campaign stop at the now shuttered Solyndra headquarters Romney blasting the president standing in front of the now defunct energy company.
Ever -- -- half billion dollar loan guarantee from the administration.
You look at this building behind us this is not the kind of building that has built by private enterprise.
This is -- kind of enterprise the kind of building this bill with a half a billion dollars of taxpayer money.
It's not just the Taj Mahal of corporate headquarters.
-- probably also heard that inside there are showers that have.
LCD displays that tell you what the temperature is of the shower water and the robots inside actually.
Provide that Disney music tunes and.
Here now Mary Katharine Ham daily caller columnist and Fox News contributor and political analyst Mark Hanna.
Former aide to the John Kerry campaign and Barack Obama presidential campaigns thanks for -- us but -- thanks very Mary Katherine -- start with you is this wise.
For Romney to go after -- -- I think he thinks that if you compare the public investment of taxpayer money that Obama's pretty bad that with the private investment -- private money that he did that was pretty good.
That that he comes out winning that this is what the Obama campaign was trying to do they're trying to -- Axelrod to Massachusetts.
To put that message out that they Fella he hadn't created jobs he goes -- slender with I think -- -- Great backdrop farm -- little bit political theater it was a surprise I think it turned out well and most of the stories yesterday whereabouts the lender.
And about the Axelrod being a little throwing off his game by the folks at -- -- at his rallies I think that was a good result for him.
So mark 535 -- What's your response sure I mean to marry -- point Romney camp dominated the headlines on -- for a day.
But when you take a look at this in the context of the larger argument that Mitt Romney's campaign is trying to make that he is somehow stronger than the Obama administration on the economy.
This seems like really small ball cylinder is one case of a company that went belly up for sure and it's and it's you know not the proudest moment of of the the -- -- -- but when you look at what Mitt Romney's record in Massachusetts when he had for example.
Two companies that we're both wealthy donors to his campaign getting five million dollars nearly five million dollars in government.
Subsidies that also went belly up this seems like the height of hypocrisy for Mitt -- -- to me making this claim that this is somehow.
Common in just stay and Obama -- democratic administration and again let me remind.
Everybody watching at home that's a -- was they're application was forwarded by both.
Democratic and Republican administrations of Bush Administration was up -- -- applications from -- as well.
And this they receive this money through a grant through a program that was developed in the Department of Energy that was created under the Bush Administration.
-- -- him make that decision to give it to Solyndra.
Well -- I think big fast tracked it they emails that come out from the White House pretty clear that they were like.
Really into this five -- 37 million dollar investment.
And it took us Americans 507 million dollars is not small ball so I think it's a pretty good method where there isn't everything CBO report came out about the stimulus.
Tackling that perhaps every job created if you're generous with the job numbers cost between 500000.
Dollars and four point one million I think that Ronnie can -- And an argument -- -- return on investment and real break here and that I can do a lot better and and that's fair and -- 537 million dollar loan several of them.
Beacon in -- 1123.
Batteries that left the -- -- automobile broken down on the consumer reports track these things that are symbolic and important.
Of how Barack Obama does both.
Now look I think and that America happens when I mean if this is -- best argument that the Romney camp is gonna make after.
Barack Obama inherited an economy that was on the brink of disaster and has created over two years of month by month job growth private sector job growth.
I mean well under Massachusetts my home state when Mitt Romney was president we were 47 out of fifty states in the country.
In terms of job creation Mitt Romney created six times more government jobs in Massachusetts and -- -- private sector jobs in Massachusetts I think we need to zoom out a little bit here.
Take a look at some context in and understand really that the economic argument that Mitt Romney's trying to make it -- really ringing hollow.
Mark how about the numbers it just came out today.
The numbers it just came out today unemployment rate jumping to eight point 2% the first time in nearly a year any talk about the inherited an economy.
Unemployment rate that was inherited with seven point 6%.
George is a jumped to eight point -- who is I mean really we're talking about front page impressions of a percent here we're still talking about -- Job increasing good.
We're still talking about job increases here and and you know the fact of the matter is no there hasn't been as robust as anyone would hope but.
Economists from both parties agree whether you're conservative worried whether your liberal economists agree that the Obama administration did take the economy back from the brink he had even Colin Powell applauding President Obama on his -- -- voted for Barack Obama.
-- that the -- Mary -- get the last word on this -- -- we have to wrap it up put I think that me and the message is clear here.
This -- iPad for years he's invested a lot of your money and some really bad stuff that was his plan when he's spoken about it even when he was -- one of his success and he spoke about I had solar plant that employs five.
People so four point one million dollars per job in the stimulus are there -- 37 million dollars lost on these various.
This is the road we're going down it -- -- in jobs and you're not getting anything back for your money -- 69000.
Jobs created in May.
Far less than projected thank you thanks so much for joining us we appreciate it mark and Mary Katharine thank -- nineteen.