Obama issued the half billion dollar government guaranteed loan only weeks after taking office even though it had been refused by the Bush administration. Staff reports had predicted that Solyndra would fail and yet the Obama administration approved the loan because billionaire Obama supporter George Kaiser was the main investor in Solyndra.
Post Tagged with: "Solyndra bankruptcy"
September 21, 2011 19:12
Obama & Solyndra: MAKIN’ IT RAIN – with your money
The Obama Solyndra scandal in six minutes. Almost as fast as he spends half a billion dollars on “green” jobs that end in a year.
September 19, 2011 16:22
Ex-Solyndra Employees Now Applying For Trade Adjustment Assistance
Blaming China will allow Obama administration to spend another $14 million plus to “retrain” former Solyndra employees.
September 19, 2011 07:51
Solyndra Solar Failed By Poor Cost Structure, Not China
The DOE and Solyndra also conveniently neglected to mention Solyndra’s demise has everything to do with its unsustainable cost structure using an ‘innovative technology’ to produce solar panels. (Hint: innovative = costly)
September 19, 2011 07:24
Krauthammer: Obama’s “toxic combination of lemon socialism and crony capitalism’
“This is a classic example of this toxic combination of lemon socialism and crony capitalism. The lemon socialism part is the old story of industrial policy. Meaning smart people in Washington, or people who think they’re smart, elected officials and bureaucrats, and they bring in experts who think they’re even smarter, that decide which are the industries of the future as if they know and the market doesn’t.” …. “you destroy an economy when you think that a politician in a centralized capitol knows where capital ought to be allocated. “
September 19, 2011 05:32
Pay To Play? – Its the Chicago way
Kaiser Family Foundation 2009 grant to Michelle Obama’s ‘Urban Health Initiative’ sparks more Solyndra ‘crony capitalism’ questions – Daily Caller
September 15, 2011 10:05
Obama reversed Solyndra loan denial – bailed out big contributor
Rep. Tim Murphy exposes the pay to play deal that protected Tulsa billionaire and Obama fundraiser George Kaiser which cost taxpayers half a billion. Team Obama reversed denial of the loan shortly after Obama took office and ignored the law in restructuring the loan to protect Kaiser’s private investment instead of the taxpayer funds.
September 15, 2011 09:56
Solyndragate cash for contributors program started two weeks after Obama’s election
two weeks before President George W. Bush left office, the Energy Department’s credit committee voted against a loan commitment for Solyndra. – IBD
September 14, 2011 08:58
NBC highlights “green embarrassment” – White House involved in bankrupt Solyndra loans
Politics at its worst. A big Obama donor who frequently visited the White House is a principal in the bankrupt “green” energy company which received millions in government loan guarantees pushed through by White House pressure over objections to its viability.
September 14, 2011 07:50
Solyndra Executives Postpone Testimony, As Emails Reveal Deeper Obama Administration Ties To Bad Loan
Internal emails obtained by The Washington Post show that White House officials tried to rush the review of the loan
