Solyndra declares bankruptcy

Jiro said:
do you mean to tell me that the President of United States can singlehandly write out a $535 million check of our tax money to Solyndra?
Click to expand...

As far as Republicans are concerned, he did. :giggle:
 
More evidence of collusion

http://www.huffingtonpost.com/2011/11/04/solyndra-subpoena-obama-administration_n_1076871.html


The White House Counsel's Office has formally rejected a congressional subpoena of documents relating to the $535 million loan guarantee that the administration shepherded for Solyndra, the now-defunct solar energy company.
Click to expand...

and of course, an opinion peice about it (because everyone has an opinion):


http://www.washingtonpost.com/blogs...ad-gets-worse/2011/11/13/gIQAYExFJN_blog.html


It is a political problem because Solyndra reinforces people's negative perceptions of government, including wasted taxpayer money, payoffs to contributors and infighting within the highest levels of the Obama administration. It further erodes Obama's desired image as Mr. Clean, and it is even a setback for sincere, if misguided, clean-energy programs
Click to expand...


The Solyndra fiasco is one more reason for Democrats to find their independent voice and discover an excuse to be elsewhere any time the president campaigns in their state.
Click to expand...
 
Let's hope Obama stumps for them and meet them in person. Avoid him? Man, that tells you the whole story right there.
 
Big deal. It shows that Obama had the guts to gamble on something, and it is a shame it didn't pay off. It was not his fault.
Next!
 
If anyone reads further it shows that the company was asked to delay the layoff announcement until after Nov 2. The announcement was made on Nov 3, the day after the midterm election.

Favors.
 
WaPo says Chu lying like Pinocchio.

In any case, the job number and the fuel number are greatly inflated by the inclusion of the loan to Ford. As we have demonstrated, these are not new jobs or even saved jobs — just people who might, just maybe, have a little more job security, in part because of the loan.

Chu’s comments on the unexpected “tsunami” that hit Solyndra are also troubling. The OMB e-mail shows that at least one arm of the government was aware that Wall Street was quickly souring on solar energy and that the tsunami that swept the industry should not have been such a surprise.
Click to expand...
Steven Chu’s Solyndra testimony: Misleading jobs stats and missing context - The Fact Checker - The Washington Post

Read the rest to see the disengeniousness of the whole Solyndra scam and the attempt to save those jobs in order to count them as “green job” saved by the stimulus spending. You can't make this one up.
 
Back
Top