House Republicans Complain about Loan Guarantees.. with $11.8 Billion in Loan Guarantees in Their Districts
September 23rd, 2011 | by Stephen Lacey
Playing up the Solyndra bankruptcy to the highest political degree possible, Republicans are using their best rhetorical tricks. They have homed in on two phrases to describe loan guarantees — calling them a tool of “crony capitalism” and claiming that they allow the government “to pick winners and losers.”