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The citizens of California that will use this power will get nothing. They will continue to pay the highest rates for electricity in the country. US tax payers foot the bill for another $600 – $700mm. That’s the “Vig” for Warren. Those taxpayers also get nothing in return.

Why, having been awarded more than three times as much funding as Solyndra, has CH2M escaped serious scrutiny? Perhaps it is the significant donations and lobbying efforts they have doled out, targeting key Democrats in charge of the stimulus.

Another clueless department head in the Obama administration? Chu defends himself like Holder did. “I didn’t know.’ Reminds me of Sgt. Schultz on Hogan’s Heroes who was always saying “I know nothing!”

The White House has “to be involved.” She also called for firing of Energy Sec. Chu. Previously she has joined over 50 congressmen calling Eric Holder’s firing. Obama is “leading from behind” on issue after issue.

A growing list of Obama supporters that shared in hundreds of millions of taxpayer funds doled out in a rush to green scams. Throw in Pelosi and Reid and the list grows longer.

Emails show that the energy department used loan funding as a threat to Solyndra to delay a planned layoff announcement until after the 2010 elections.

“The documents we have obtained thus far demonstrate that such high-level White House advisers as Valerie Jarrett?, Ron Klain?, Rahm Emanuel? and Larry Summers? were involved in discussions and decisions related to Solyndra,”

The bankruptcy of the second DOE-backed company in the renewable energy sector is yet another red flag that the government has no business running a bank (or hedge fund) with tax dollars. The reason the private sector won’t fund these projects is that they are unprofitable, and that’s exactly why the government shouldn’t be backstopping them either.

The Obama White House is refusing to comply with a congressional subpoena for documents related to the Solyndra scandal. Previously revealed documents from other agencies have shown that the White House pressured DOE to approve the loan the the now bankrupt solar company over objections of staffers who said the company would run out of money.

New reports show that the White House was heavily involved in pressuring the DOE to approve the half billion dollar taxpayer guaranteed loan to Solyndra a solar company whose primary investor was a big Obama campaign contributor. -UPDATE: White House subpoena issued