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Issa Eyes Political Connections That Drove Loan Approvals Like Solyndra
FoxNews.com ^ | October 09, 2011 | October 09, 2011

Posted on 10/09/2011 12:25:57 PM PDT by Hunton Peck

The Obama administration engaged in a pattern of approving loans that were not qualified to receive taxpayer money, according to one Republican House chairman who says the development is as disturbing as the potential loss of billions of dollars in investments.

Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Relations Committee, said Sunday that the administration's approval of a loan guarantee for solar power company Solyndra -- which went belly up shortly after a half-billion dollar investment by the federal government -- is just one example of a "breach of protocol" in approving loans.

Issa said the Energy Department actually approved $4.75 billion worth of loans on the last day that the law allowed for financial backing of alternative energy firms.

"We're finding it's not just Solyndra. It's a pattern of these sorts of investments," Issa told "Fox News Sunday." "One of the questions we have for (Energy) Secretary (Steven) Chu is, tell us why that last day, somehow, you had everything you needed and you didn't have it over a period of time before?"

He said that his committee is less interested in debating the merits of "green energy" and what qualifies as jobs created in that field than at looking to see whether political connections interfered in the approval process for struggling companies, and whether that interference pushed the Obama administration to back a loan for a creditor who otherwise would have been left holding the bag after Solyndra's bankruptcy claim.

"The American people have a right to except that the rule of law will guarantee that even if we don't like the policy, that it's done properly," Issa told "Fox News Sunday."

"Remember this was a $500 million earmark, effectively, by political appointees,

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


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: bidenlobbyist; brookfield; darrellissa; doe; energy; granite; hunterbiden; obama; solargate; solyndra; taxdollars
Solyndra: Just one tip of just one iceberg. No wonder Axelrod called 0bama's re-election campaign a "Titanic struggle".
1 posted on 10/09/2011 12:26:03 PM PDT by Hunton Peck
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To: Nachum

This is where the story is going to get real dirty....


2 posted on 10/09/2011 12:28:51 PM PDT by Loud Mime (The Obama voters are dumber than you think, meaner than you can imagine)
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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/


3 posted on 10/09/2011 12:29:23 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Loud Mime

“This is where the story is going to get real dirty....”

I am not so sure. It is a process. The administration will bluster, lie and deny. Then Issa will subpoena them. The Administration will stall till the last minute and then dump the documents on a Friday afternoon- again. Rinse, repeat.

Then we will see the nasty BS, but as in Gunwalker, we still do not have a special prosecutor. If Obama is re-elected, then we might get some traction if the Republicans take the Senate too, but if they lose, they will pull a Clinton and pardon themselves just before they leave office.

Their playbook is pretty clear. Unless we have some sort of John Dean come forward, most of this will just drag out, no matter what we find.

My 2 cents.


4 posted on 10/09/2011 12:34:43 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Hunton Peck
They also need to also investigate the company, Brookfield, affiliated with the private NY park, which allowed protesters to camp out for days. The company has recently received millions in DOE loans.

A NH Solyndra? Wind farm gets fed loan

...New Hampshire’s largest wind farm, the Granite Reliable Power project under construction in Coos County, is jointly owned by BAIF Granite Holdings, LLC and Freshnet Wind Energy, LLC. BAIF owns 75 percent of Granite Reliable. BAIF Granite Holdings was created earlier this year by Brookfield Renewable Power, which is a subsidiary of Brookfield Asset Management of New York.

5 posted on 10/09/2011 12:38:19 PM PDT by opentalk
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To: Hunton Peck

I hope this guy has loyal bodyguards.


6 posted on 10/09/2011 12:41:10 PM PDT by gorush (History repeats itself because human nature is static)
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7 posted on 10/09/2011 1:06:18 PM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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To: gorush

ISSA is a man who loves America - A Patriot who in spite of the enemy and their tactics, he keeps advancing towards them.


8 posted on 10/09/2011 1:36:35 PM PDT by presently no screen name
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To: opentalk; Hunton Peck; Nachum

It gets ever more interesting. Brookfield Office Properties owns the Zuccotti [”grassroots” protester] Park in NYC. It is named for John E. Zuccotti, Co-Chairman, Board of Directors, Brookfield Office Properties. Also on the Board, as Managing Director, is one Diana L. Taylor. Who is Diana Taylor, you ask? Why - she is Mayor Mike Bloomie’s girlfriend.

And of course, such businesses have to employ lobbiests - you know - to plug their best interests with the Obama administration when it comes to getting loan approval for Brookfield’s Granite Reliable Power wind farm project - owned by BIAF Granite Holdings - up there in New Hampshire. The lobbiests for Brookfield Properties? Oldaker, BIDEN & Belair. As in Dopey Joe’s son, Hunter Biden. [http://www.opensecrets.org/lobby/firmsum.php?id=D000036374&year=2002]

Also: http://www.brookfieldofficeproperties.com/content/corporate_governance/board_of_direct...

and: http://www.godlikeproductions.com/forum1/message1666560/pg1

and thread at Ace of Spades HQTs, by Jammie weqaring Fool: Curious: Management Company That Runs Zuccotti Park Recently Received $135 Million in Tax Money for Wind Farm

Interesting also that they opened the park in mid-September, it filled with the protesters - right about that time [?], and on Sept. 23 their wind farm gets $135 million from Obama.

Another informative link: http://unionleader.com/article/20110928/OPINION01/709289961&template=mobile...


9 posted on 10/09/2011 1:56:42 PM PDT by GGMac ((lesson learned re Obie: parse every sentence, every word, every gesture, every photo))
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To: GGMac

My goodness, that’s one tangled web. Thanks for posting it.


10 posted on 10/09/2011 2:00:15 PM PDT by Hunton Peck (See my FR homepage for a list of businesses that support WI Gov. Scott Walker)
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To: opentalk; Hunton Peck; Nachum

The link for Brookfield Office Properties brings up a PARTIAL 404 error, page does not exist.

Ignore that. Hover mouse over upper left “CORPORATE”; in the drop-down, hover over “CORPORATE GOVERNANCE”, and from that drop-down, hover over “BOARD OF DIRECTORS”.

At the bottom righ of that page, click on 3 for the page with Taylor and Zuccotti.

On the 404 error page, take note of the “Last Updated 10/7/2011 4:21:02 PM”

Isn’t it interesting that this “update” coincides with the White House Friday document dump?!!


11 posted on 10/09/2011 2:14:46 PM PDT by GGMac ((lesson learned re Obie: parse every sentence, every word, every gesture, every photo))
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To: GGMac
Try this: link

Diana L. Taylor

12 posted on 10/09/2011 2:29:12 PM PDT by opentalk
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To: Hunton Peck

You’re welcome. I just happened across this Brookfield stuff this morning, and smoke has been pouring out of my ears all day!

There are a lot of Republican officials who’d better be paying close attention to all that’s unfolding with this huge mess of a scandal. THIS type of scandal, besides the Fast & Furious horror.

Seems it should be getting time for these GOP nominee-hopefuls to exhibit some leadership and demand answers be aggressively sought. If they want our confidence in their abilities to lead and their sincerity re: cleaning up that sewer in DC, they need to start earning it. So far, there are several posters/commenters here, at American Thinker, at Hot Air - who have shown more qualifications for the Oval than the ones who think they should have it.


13 posted on 10/09/2011 2:33:21 PM PDT by GGMac ((lesson learned re Obie: parse every sentence, every word, every gesture, every photo))
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To: opentalk

Ah - very good. Thanks.


14 posted on 10/09/2011 2:35:20 PM PDT by GGMac ((lesson learned re Obie: parse every sentence, every word, every gesture, every photo))
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To: GGMac

One potential problem is that they often include on the periphery of these scams enough Republicans (RINOs or people who only talk a good conservative game) that there’s much pressure from within to abandon the pursuit of the investigations. I suspect that’s why we ended up with only Monicagate being pursued instead of the more serious Chinagate or other Clinton-era scandals.

We’ll have to see where it all goes, but I hope Issa stays strong.


15 posted on 10/09/2011 2:52:02 PM PDT by Hunton Peck (See my FR homepage for a list of businesses that support WI Gov. Scott Walker)
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To: opentalk

Thatnks for your links as well.

This is so filthy, even a Wall Street 0ccupier might be afraid to sleep in it.


16 posted on 10/09/2011 2:55:40 PM PDT by Hunton Peck (See my FR homepage for a list of businesses that support WI Gov. Scott Walker)
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To: Hunton Peck
LOL

This is so filthy, even a Wall Street occupier might be afraid to sleep in it.

I don't know about that,

...Channing Creager, 22, left, and Hugh Thorne, 72, right, held signs in Zuccotti Park in New York City on Thursday. (WSJ) Weasel Zippers

17 posted on 10/09/2011 4:42:14 PM PDT by opentalk
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To: Hunton Peck
Email Shows Treasury Official Believed Solyndra Loan May Have Been Illegal…

White House Releases Emails Showing Top Obama Fundraiser Pushed Solyndra Deal From Inside…

18 posted on 10/09/2011 4:59:37 PM PDT by opentalk
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To: Nachum

Have you seen the Craig’s List ad for rent-a-crowd fake protesters for “Occupy”? Here’s a link:

http://newyork.craigslist.org/brk/gov/2618821815.html


19 posted on 10/09/2011 7:28:18 PM PDT by GOPJ (Where is the headline that says: Obama Murders Hundreds of Mexicans! - freeper xzins)
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To: opentalk

Yup. Like Herman Cain says, The 0ccupany is just a screaming fit to distract from the sleaze.


20 posted on 10/09/2011 8:17:10 PM PDT by Hunton Peck (See my FR homepage for a list of businesses that support WI Gov. Scott Walker)
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To: opentalk

I’ve just realized from this photo where that Zuccotti park is - that’s the park between Cedar and Liberty streets, kitty-corner across from Ground Zero, isn’t it?! That building on the right in the photo is One Liberty Plaza, with the new, under-construction 4 World Trade Center just beyond it in the photo.

If that IS where the flop-house park is, I sure hope those trashy squatters have been kept away from Ground Zero itself!

Where’s Guiliani when you need him?!!


21 posted on 10/09/2011 9:14:53 PM PDT by GGMac ((lesson learned re Obie: parse every sentence, every word, every gesture, every photo))
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To: Hunton Peck
The Obama administration engaged in a pattern of approving loans that were not qualified to receive taxpayer money, according to one Republican House chairman who says the development is as disturbing as the potential loss of billions of dollars in investments.

Why, that almost sounds like a high crime, or at the very least, a misdemeanor.

22 posted on 10/09/2011 9:18:43 PM PDT by denydenydeny (The moment you step into a world of facts, you step into a world of limits. --Chesterton)
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To: denydenydeny

But it’s just about sex!

Err, wait. Wrong criminal administration....

Why can’t you MoveOn and let the President get back to doing the nation’s business?

Oh, no. Wrong again . . .


23 posted on 10/09/2011 9:26:31 PM PDT by Hunton Peck (See my FR homepage for a list of businesses that support WI Gov. Scott Walker)
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To: GOPJ

I have seen other Craig’s List ads for protestors. Interesting.


24 posted on 10/09/2011 11:07:41 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

All for elite liberal causes...

The elites must be embarrassed no one stands with them without being paid...

http://www.freerepublic.com/focus/f-news/2790347/posts


25 posted on 10/10/2011 7:42:27 AM PDT by GOPJ (Where is the headline that says: Obama Murders Hundreds of Mexicans! - freeper xzins)
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