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URL:  http://boards.fool.com/quotas-mitt-pointed-out-obama-gave-50-years-of-30300631.aspx

Subject:  Re: "Not an MSNBC debate" Date:  10/4/2012  4:39 PM
Author:  nigelwhalmsley Number:  1821216 of 2187489

"As Mitt pointed out, Obama gave 50 years of oil subsidies in one pop 90 billion to his buddies in green energy (Solyndra) that went belly up."

If even one of those companies flourishes, the payoff for our future will be incalculable. It has great potential to get us on the road to being dominant in new technology and manufacturing. The only way to do that is to invest, take some risk. Yes, one of those companies failed. That doesn't mean we should never take those risks.

"And Mitt said these subsidies that are 100 years old, are on the table, he may get rid of them."

He also said that much of those subsidies goes to smaller companies, suppliers, etc., and that they may well be needed. Imagine, a capitalist such as Mitt, hedging on government subsidies. In essence, he said nothing committal. He is very good at that.
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