Columnist and American Enterprise Institute Fellow Marc A. Thiessen has a critical piece today in the Washington Post about Barack Obama’s public equity record – his record of using American taxpayer dollars to invest in failing companies. As Thiessen writes:
Since taking office, Obama has invested billions of taxpayer dollars in private businesses, including as part of his stimulus spending bill. Many of those investments have turned out to be unmitigated disasters — leaving in their wake bankruptcies, layoffs, criminal investigations and taxpayers on the hook for billions.
Thiessen goes through a list of all of the failed companies in which Obama has invested our money, wasting billions. It’s a vital read – especially for the media, which is more concerned about how Mitt Romney spent his investors’ money than how Barack Obama spends ours.