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Solyndra: What the President Knew and When He Knew It
Big Government ^ | 9/28/11 | Larry O'Connor

Posted on 09/28/2011 11:31:48 AM PDT by Nachum

Until now the Solyndra scandal only reached the White House in the guise of e-mails from staffers fretting about the political implications of the disastrous bankruptcy and how it would reflect on the President’s “Winning the Future” rhetoric.

Until now, the Solyndra scandal was a circumstantial log of White house visits by a big Obama donor who also was the failed solar company’s chief investor (those visits occurring right before a half-billion dollar loan guarantee was awarded by Obama’s Dept. of Energy).

Until now, the White House’s direct involvement in the Solyndra scandal appeared to be over-zealous operatives looking to speed-up the loan so Vice President Biden could have a nice photo-op at the doomed solar firm.

Now, we know much more.

According to an investigation by the Los Angeles Times, President Obama was warned nearly a year ago that Energy Secretary Stephen Chu’s department was not rigorous enough in vetting loan recipients and they ran the risk of funneling federal money to companies that shouldn’t receive it, or didn’t need it. And the warnings came from the President’s top economic advisers Lawrence Summers and Timothy Geithner.

Summers and Geithner also warned about the overall risks involved in relying so heavily on pumping federal stimulus money into unproven programs and technologies which would not have any lasting positive effect on the moribund economy and the stagnant job picture in America.

The divisions foreshadowed a question that has emerged since Solyndra’s bankruptcy: Was the program’s vetting process thorough enough? The disagreements also spotlighted an issue that has confronted Obama since he took office: What is the appropriate role of the government in stimulating the private marketplace?

(Excerpt) Read more at biggovernment.com ...


TOPICS: News/Current Events
KEYWORDS: knew; obamasolyndra; president; solyndra; solyndragate
Solyndra-Gate
1 posted on 09/28/2011 11:31:56 AM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 09/28/2011 11:33:16 AM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

.... and what else he knows:

Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan

Posted by Jim Hoft on Wednesday, September 28, 2011, 12:14 PM
http://www.thegatewaypundit.com/2011/09/more-crony-socialism-obama-gives-737-million-to-pelosis-brother-in-laws-solar-firm/


3 posted on 09/28/2011 11:37:14 AM PDT by SF_Redux (Sarah stands for accountablility and personal responsiblity, democrats can't live with that)
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To: SF_Redux

Very good link. Thanks for the tip.


4 posted on 09/28/2011 11:39:59 AM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

solargate. solargate. solargate.

when will the post be sending woodward and bernstein after this?


5 posted on 09/28/2011 11:42:24 AM PDT by KingofZion
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To: steelyourfaith

AGW ping?


6 posted on 09/28/2011 11:46:17 AM PDT by Amagi (You can't discuss Camelot without mentioning Squire Ted & the Lady in the Lake.)
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To: Nachum
I remember a bank robber who was busted and identified from the surveillance tape. He was dumbfounded that he had been ID'd. He told the cops that it couldn't be him because he had "used the juice." He thought that smearing his face with lemon juice would prevent his image from being recorded.

Obama reminds me of that robber. He has "used the juice" which allows him to do whatever he wants to with no concern for laws, courts or congress. Sadly, so far, it's working.

7 posted on 09/28/2011 11:52:15 AM PDT by JPG (Palin '12)
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To: Amagi; Tunehead54; golux; tubebender; Fractal Trader; Genesis defender; 4horses+amule; Carlucci; ...
Thanx for the ping Amagi !

 


Beam me to Planet Gore !

8 posted on 09/28/2011 12:12:31 PM PDT by steelyourfaith (If it's "green" ... it's crap !!!)
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To: JPG
I just had to look that up as it was so unbelievable and outlandish.
McArthur Wheeler lemon juice bank robber
Simply amazing.

The probability of someone watching you is directly proportional to the stupidity of your actions. Unknown

9 posted on 09/28/2011 12:12:38 PM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
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To: Nachum

fastandfuriousgate,solyndragate,aidingandabettingterroristsgate where to start?


10 posted on 09/28/2011 12:19:19 PM PDT by Dubya-M-DeesWent2SyriaStupid! (PDS=someone that doesnt dream dates up of a Palin announcement;nor act as Palins campaign manager)
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To: Dubya-M-DeesWent2SyriaStupid!

Ha. Here are a few places to start....

Gunrunner-Gate
http://www.nachumlist.com/gunrunner.htm

Solyndra-Gate
http://www.nachumlist.com/solyndra.htm

Sestak-Gate
http://www.nachumlist.com/sestak.htm

Van Jones-Gate
http://www.nachumlist.com/vanjoneslaugh.htm

Obama-Israel/ Gate
http://www.nachumlist.com/obamaisraellist.htm

Goldman/Sachs in the White House/Gate
http://www.nachumlist.com/goldmansachsobama.htm

Michelle’s Attendants-Gate
http://www.nachumlist.com/michelleattendants.htm

Berwick-Gate
http://www.nachumlist.com/berwick.htm

Scanner-Gate
http://www.nachumlist.com/scannergate.htm

Obama and Agenda 21/Gate (a personal favorite)
http://www.nachumlist.com/agenda21.htm

JournoList-Gate
http://www.nachumlist.com/journolist.htm

Just a few... :)


11 posted on 09/28/2011 12:30:21 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Wow excellent job! Only thing I see missing off hand is WALPINGATE-MO and americorps.The firing of IG Gerald Walpin to SILENCE his finding of corruption in Obama and MO.


12 posted on 09/29/2011 7:33:17 AM PDT by Dubya-M-DeesWent2SyriaStupid! (Rock you like a hermancain!)
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