Skip to comments.Solyndra-Gate Opens Into A Large Den Of Corruption
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 ...
But it’s the BP lawsuit that will be the only thing we’ll hear about.
” 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.
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
People should be prosecuted for this corruption. If the Republican candidate doesn’t talk about this every single day then they deserve to lose.
The Finance guy who lost all the MF GLOBAL money IS the Financial ADVISOR to the EPA.....connect the dots...
You mean Corzine? That explains it
Bradley I. Abelow, COO MF Global
No, it’s NOT Corzine...however, I believe he is a peer of his from Goldman Sachs....
Thanks...that’s the guy.
From the article
“current EPA Administrator Lisa Smith also previously served as then-Gov. Corzines chief of staff
It’s been going on for at least 8 years. Focus on the Congressional Committee ties.
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.
Lisa Smith EQUALS Lisa Jackson????
Yes it is Jackson. I don’t know why they got that wrong.