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Solyndra-Gate Opens Into A Large Den Of Corruption
IBD Editorial ^ | December 29, 2011 | Editor

Posted on 12/29/2011 5:15:30 PM PST by Kaslin

Corruption: The Obama administration promised a green energy future. What it delivered, though, is a present filled with rancid politics, aching failure and tawdry scandal.

At the top of the list is the Solyndra collapse. President Obama himself visited the California solar panel maker, lauding it for "leading the way toward a brighter, more prosperous future."

His administration poured $535 million in taxpayer dollars into the business, and wanted to add another $469 million even after it was known the company was going to fail.

Solyndra, though, is only one of many companies that have dined sumptuously at taxpayers' expense.

Several other businesses have been selected by the White House to waste other people's money simply because they fit in with the Obama vision of a green energy future. Merit, it seems, isn't considered when the money is passed out.

"Obama's green-technology program was infused with politics at every level," the Washington Post reported on Christmas Day after it had analyzed "thousands of memos, company records and internal e-mails."

(Excerpt) Read more at news.investors.com ...


TOPICS: Crime/Corruption; Editorial; Government
KEYWORDS:

1 posted on 12/29/2011 5:15:33 PM PST by Kaslin
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To: Kaslin
funny, I never hear anyone talk about it. guess the media just doesn't saturate their soggy little brain cells with too much of that story.
2 posted on 12/29/2011 5:17:23 PM PST by the invisib1e hand (Ignorance is no excuse.)
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To: Kaslin

But it’s the BP lawsuit that will be the only thing we’ll hear about.


3 posted on 12/29/2011 5:18:22 PM PST by TribalPrincess2U (NOT VOTING gets 0bamao re-elected.)
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To: the invisib1e hand

” I never hear anyone talk about it. “ <<<

This would include the RNC, the RINO Establishment, the conservative media, nor the candidates. The most I can hope for is that it must be, and has to be fodder for the general election campaign, given the billion dollar scorched earth campaign Obama plans to launch.


4 posted on 12/29/2011 5:24:35 PM PST by RitaOK (wRasmussen- the polling standard for accuracy.)
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To: Kaslin

Sorry....a half a billion plus just doesn’t fall into a blackhole....do people understand how hard it is to lose 535 million running a business as small as this company ?

I contend these green companies are fact set up for dem money transfers as part of the kick back for taxpayer funds


5 posted on 12/29/2011 5:25:28 PM PST by Popman (Obama is God's curse upon the land....)
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To: Popman

People should be prosecuted for this corruption. If the Republican candidate doesn’t talk about this every single day then they deserve to lose.


6 posted on 12/29/2011 5:44:55 PM PST by dandiegirl
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To: Popman; All

The Finance guy who lost all the MF GLOBAL money IS the Financial ADVISOR to the EPA.....connect the dots...


7 posted on 12/29/2011 5:50:48 PM PST by goodnesswins (Happy New Year.....may it be better than the last!)
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To: goodnesswins

You mean Corzine? That explains it


8 posted on 12/29/2011 5:56:53 PM PST by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

http://biggovernment.com/whall/2011/12/29/mf-global-chief-who-oversaw-missing-1-2-billion-also-top-epa-financial-adviser/

Bradley I. Abelow, COO MF Global


9 posted on 12/29/2011 6:07:02 PM PST by Lurkina.n.Learnin (The democratic party is the greatest cargo cult in history.)
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To: Kaslin

No, it’s NOT Corzine...however, I believe he is a peer of his from Goldman Sachs....


10 posted on 12/29/2011 6:09:18 PM PST by goodnesswins (Happy New Year.....may it be better than the last!)
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To: Lurkina.n.Learnin

Thanks...that’s the guy.


11 posted on 12/29/2011 6:09:51 PM PST by goodnesswins (Happy New Year.....may it be better than the last!)
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To: goodnesswins

From the article

“current EPA Administrator Lisa Smith also previously served as then-Gov. Corzine’s chief of staff


12 posted on 12/29/2011 6:18:59 PM PST by Lurkina.n.Learnin (The democratic party is the greatest cargo cult in history.)
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To: Kaslin


13 posted on 12/29/2011 6:51:15 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Popman

It’s been going on for at least 8 years. Focus on the Congressional Committee ties.


14 posted on 12/29/2011 6:57:34 PM PST by Cvengr (Adversity in life and death is inevitable. Thru faith in Christ, stress is optional.)
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To: Popman
Oops, we lost 500 million on Solyndra. Oops, we lost 1.2 billion on MF Global.

Strangely, Obama has a 1.5 billion war chest for next year's election. Can't imagine where that kind of dough went. Or where it will inexplicably wind up.

15 posted on 12/29/2011 7:25:11 PM PST by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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To: Lurkina.n.Learnin

Lisa Smith EQUALS Lisa Jackson????


16 posted on 12/29/2011 8:10:39 PM PST by goodnesswins (Happy New Year.....may it be better than the last!)
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To: goodnesswins

Yes it is Jackson. I don’t know why they got that wrong.

http://en.wikipedia.org/wiki/Lisa_P._Jackson


17 posted on 12/29/2011 8:40:19 PM PST by Lurkina.n.Learnin (The democratic party is the greatest cargo cult in history.)
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