Posted on 09/16/2011 3:27:15 AM PDT by tobyhill
White House officials discussed the political ramifications of a possible default by a troubled solar energy company that received more than $500 million in federal loans, newly released emails show.
Emails released Thursday night show the Obama administration privately worried about the effect of a default by Solyndra Inc. on the president's re-election campaign.
"The optics of a Solyndra default will be bad," an official from the Office of Management and Budget wrote in a Jan. 31 email to a senior OMB official. "The timing will likely coincide with the 2012 campaign season heating up."
That message has turned out to be a fairly accurate prophecy of Solyndra's failure haunting President Obama's 2012 campaign, even before the end of 2011.
In remarks on the Senate floor Thursday, Senate Minority Leader Mitch McConnell, R-Ky., argued that Solyndra's bankruptcy this month was just another reason to fight against the president's jobs plan, reports CBSNews.com's Lucy Madison.
"This place was supposed to be the poster child of how the original stimulus would create jobs. Now it's bankrupt and most of its 1,100 employees are out of work," McConnell said.
(Excerpt) Read more at cbsnews.com ...
If a Republican POTUS had done this, it would be on every major news network 24/7, but the won gets a free ride. Make me sick.
Absolutely agree. This is what I have been thinking for the last couple weeks and posted the same idea on a thread last week. It is exactly like “The Producers”.
All we need now is someone to sing “Springtime for Obama”
I think this scandal has legs. We Freepers keep writing into Hanity, Rush, Drudge, etc. ABC has already done a story on it. The rest of the mainstream media will have to follow.
Maybe the Obama administration needs the money from the jobs bill to use that money for their cover up of the Solyndra’s scandal ?
Where’d the money go?
There are only two possible reasons for this debacle and BOTH are the fault (for the benefit) of OBAMA!
1) Really, REALLY bad investment: Let’s say that this was just a really bad investment which Obama really, REALLY wanted to work for his “green jobs” initiative. Then his “political wants” over-ruled common sense and he GAMBLED almost half a billion dollars. HE MADE THIS GAMBLE BECAUSE IT WAS NOT HIS BILL TO PAY IN THE EVENT OF FAILURE! Remember, Democrats have no problem spending other people’s money! He lost absolutely no sleep on this deal!
2) Democrat Money Laundering: Knowing this company was suspect and reading the prospects from the government loan agencies tells me that they could have funneled all this money into Solyndra and then right out the door to re-election funds and/or 501(c), etc... It will take YEARS to get all the details cleared (that’s why the FBI went in - to lock down the data until AFTER 2012)!!
Neither of these helps the American public! We are still on the hook for all these dollars and until the Dems do not control the Senate, there is no way in you know where that Obama will be impeached!!
So, we are just screwed! It will take years to get this cleared up and by then, it will be like Clinton’s situation. He will give up some token title/right (which he NEVER plans to return to anyway) and it all gets sweep under the rug!!! At this point, this man literally SICKENS me - his very existence is an affront to liberty and freedom!
That too. ;)
> Ping.
"Solyndra's woes worried White House, emails show (It didn't stop 0bama from stealing $528 million)"
""One really wonders if Solyndra was nothing but a scam to funnel American Recovery and Reinvestment Act of 2009 funds directly to the 0bama 2012 re-election campaign.""
Article, then check out comments. [Thanks, anonymous.]
If a tree falls in the forest and NBC, CBS, ABC, CNN, MSNBC, PBS, CNBC, the NYT, the WP, and the LAT don’t hear it, does it still make a sound?
They got Al Capone on tax evasion. They got OJ on a hotel robbbery. They caught Jurine Vanderslut when he killed again, unfortunately. At any rate, it doesn’t matter what we use. It just has to be enough to bring this whole rotten edifice crashing down.
It’s been said that Moochelle lost her law license due to clients involved in money laundering. Barry grew up learning the trade. Then there was that report last year that they were on a list of high powered people who had secret bank accounts overseas. I’ve long suspected much of the rush to pass the stimulus hooey was merely a means of transferring $$$$$ into his accounts.
I did a tax return for a organic chicken business where cost of goods was greater that revenue, let alone covering all the general overhead. Stupid state dept gave them a large grant and int free loan. Owners sold it to out of state investor and it was dead shortly after wards.
Kikcbacks, walking around money, arming Obama’s private army, who knows where the money went—it might be sitting offshore in a numbered account, or in a little pile of shiny bars in a safe somewhere...the question is Where did it go? What was Obama’s cut?
Grapevine reports he, and each of his immediate family members have vast sums in separate Vatican Bank accounts.
I wonder if anyone on our side is actively looking into the books. it will take a forensic accountant to trace what actually happened to the money.
I feel like everyone who supported this clown ought to be taken away in a giggle jacket.
You, my FRiends, are extremely kind.............
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