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Internal White House emails show that Obama Administration was warned about giving more tax money to Solyndra, a now bankrupt California based energy company. Still the Department of Energy funded the company anyway. One reason the President allowed this funding to continue was that the true economic engine in this country are companies like Solyndra – American companies. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Company to discuss President Obama’s decision to continue to fund Solyndra amidst requests to the contrary.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: department of energy, financial advisor, investment, money, obama, president obama, solyndra, wealth manager