US Action News

The committee investigating the cash for campaign funding scandal in which the Obama administration approved a half billion dollar loan to the now bankrupt solar company Solyndra has subpoenaed all White house documents relating to the loan.

Going bankrupt with half a billion in taxpayer financing? Give yourselves a bons. After all you stick it to the taxpayers royally with te help of Obama’s green jobs propaganda. Its a win win. Obama gets more campaign money and his contributors make big bucks. But what about the taxpayers? as always, they remain clueless. Heck 40% of them are still supporting him.

With 28 years experience the Chief financial Officer at Treasury says he has never seen the taxpayers put in a subordinate position to investors in a guaranteed loan.

Has Greta been reading usACTIONnews.com? She interviews Rep. Fred Upton about the Solyndra and other “green energy” loans covered by us for months.

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.

The idea that wind, solar, tidal, geothermal and other renewable technologies are here to free us from pumping carbon dioxide into the atmosphere while they generate the electricity required to keep our advanced societies functioning is patently false.

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.

Sticking to his gunrunning AG who lied to congress and defending his half billion dollar bailout of big contributors in Solyndra, Obama continues “pushing hard” to blow taxpayer money on alternative energy scams and deflect questions on his plan to ban guns based on claims of US guns used by Mexican drug cartels.

Flush half a billion down the green drain for big campaign contributors and call it keeping up with China? Even when staffers warned Solyndra would fail the loan was pushed through anyway. We would get more “green” energy by burning the money. This man should go to jail. There is eight billion more out there and much of it going to Dem contributors.

Corruption: It turns out a recent recipient of the administration’s largesse is from the House of Pelosi. The green energy scandal keeps picking up speed. – IBD Editorials