Skip to comments.More WH Emails Released on Solyndra Troubles
Posted on 03/17/2012 1:40:22 PM PDT by kcvl
White House staff knew enough about Solyndras troubles in January 2011 to dismiss talk of inviting the companys executives into President Barack Obamas special State of the Union box, internal emails released Friday show.
The idea of seating Solyndra officials with Michelle Obama in the Capitol during the presidents nationally televised speech came up around the same time that DOE was preparing a controversial change to the companys $535 million federal loan guarantee, which wound up increasing the risk to taxpayers. But Daniella Gibbs Léger, director of White House message events, batted down the idea of a State of the Union invite before it could be raised among her superiors. Cant do Solyndra theyve run into some issues recently. :(, she wrote on Jan. 5, 2011.
Read more: http://nation.foxnews.com/solyndra/2012/03/17/more-wh-emails-released-solyndra-troubles#ixzz1pPOlhZOc
(Excerpt) Read more at nation.foxnews.com ...
WH comms group smarter than Obama, Chu on Solyndra?
POSTED AT 10:35 AM ON MARCH 17, 2012 BY ED MORRISSEY
Politico has a big scoop on the Solyndra story today, but Darren Samuelsohn doesnt quite connect the dots. The report focuses on a lighter moment pardon the pun in the embarrassment of the Obama administration over the solar-power firms collapse. While Barack Obama highlighted the $535 million loan to Solyndra in his January 2010 State of the Union speech, by the time January 2011 rolled around, the White House didnt want Solyndra anywhere near the next SOTU [see update]:
On Dec. 8, 2010, for example, White House energy and climate adviser Carol Browner and her top deputy agonized over Solyndras pending collapse.
You hear solyndra is in a severe liquidity crises and we areent likely given next doe loan? Banner week, Heather Zichal wrote. Browners reply was quick: Yep. Ugh
Those familiar with the timeline of Solyndras collapse and the loss of more than a half-billion taxpayer dollars will understand the significance of these e-mails.
Just a few weeks later, the Department of Energy restructured Solyndras loans so that taxpayer money was subordinated to later investors, allowing Solyndra to get $75 million in new financing.
That financing came from Obama campaign bundler George Kaiser, who gets his money out of Solyndras assets before taxpayers see one thin dime, which means that we wont see that thin dime any time soon, if at all
. The restructuring also either gave Solyndra sweetheart interest rates or perpetuated them despite the subordination, a move that the DoE and the White House have never explained.
Judas Priest! At least FDR's "March of Dimes" actually accomplished something!!!
Meanwhile the Propaganda about Global Warming continues to Flow.
Here's an idea: how about if every dollar the Feds spend on ventures outside their purview (ie constitution) it withholds 20% toward SS and Medicare payoffs on their balance sheets? That way, their screw-ups still pay into the kitty.
Like a Fed-IRS that follows their every spending footsteps (like the IRS tracks my income) so their crony bundlers pay a chunk like I do on every 1099 sent to me.
How do you cut of a cat's tail? Repossess his Thunderbird.