After blowing almost half a billion dollars of taxpayer guaranteed funds the bankrupt great green hope company went bankrupt. Now the CEO is fleeing the stinking ship.
Post Tagged with: "Solyndra emails"
October 7, 2011 10:31
Green Energy Dems Prove “Investment” Fails
Waxman and Degette are revealing that the defects in the Solyndra loan were features, not bugs, of its parent Energy Department loan program. If there was no malfeasance on the federal government’s part, then all of its actions can be fairly presented as the program’s normal workings.
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 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
