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BOMBSHELL: Obama chief of staff Daley briefed on Solyndra concerns six months before bankruptcy
Hot Air ^ | August 3, 2012 | Ed Morrissey

Posted on 08/03/2012 6:54:46 AM PDT by SE Mom

The Solyndra scandal took a big step up the ladder today, as ABC News uncovers new evidence that shows fears over a collapse reached all the way into the West Wing. An OMB analyst tried to raise red flags on the Obama administration’s attempt to rescue the now-bankrupt green-tech firm, before the Department of Energy rejected her advice and restructured the loans in March 2011, which illegally subordinated taxpayers in case of default. An e-mail from Kelly Colyar in August 2011 reminded recipients that she had predicted that very scenario — and that White House chief of staff had been briefed on her warning in February, before the restructuring:

Buried in the treasure trove of White House emails related to Solyndra released Thursday by the House Energy and Commerce Committee is one suggesting that concerns about Solyndra’s viability were shared all the way up to then-White House Chief of Staff Bill Daley a full six months before the company went bust. …

As Solyndra began sinking for good last August, Colyar sent an email summarizing the events leading to a near total taxpayers loss of the $535 loan.

“You may recall that DOE announced in March that they had restructured the Solyndra loan,” Colyar writes. “Prior to this restructuring, OMB staff expressed reservations about the prospects of the company and DOE’s proposal.”

And here’s the key line: “The issue was discussed with the NEC and the Chief of Staff.”

Oh, my. Until now, the closest this has come to Barack Obama himself was yesterday’s revelation that Rahm Emanuel — Daley’s predecessor — came up with the brilliant idea to tie his boss personally to Solyndra.

..When Solyndra imploded, Emanuel’s advice ended up backfiring on Obama and leaving him open to charges of crony capitalism.

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


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: chicagoway; climatechange; corruption; democrats; energy; fraud; globalwarminghoax; obama; solyndra
Whoa...
1 posted on 08/03/2012 6:54:54 AM PDT by SE Mom
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To: STARWISE; hoosiermama; Dog; holdonnow

It appears some SHTF, ping...


2 posted on 08/03/2012 6:56:56 AM PDT by SE Mom (Proud mom of an Iraq war combat vet)
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To: SE Mom

And folks have chuckled for the past couple of years when I have referred to the “Obamadork and his West Wing Clown Show of Felon/Cretins.”

Folks, right now, adding up the IQs of the dork and his dorkbutt kisssers would produce a negative number.

Now, if we had a “felon quotent,” we’d need scientific notation to adequately express the sleezality of the current roaches infesting the White House.


3 posted on 08/03/2012 6:57:46 AM PDT by Da Coyote
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To: SE Mom

A fair way to resolve this is to deduct the $535 mil from future White House paychecks. Why should we be on the hook for all this dough?


4 posted on 08/03/2012 7:00:33 AM PDT by Kahuna
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To: SE Mom

Once again, the open question is what will the GOP do about it? A corrupt DOJ will certainly not do anything.


5 posted on 08/03/2012 7:00:49 AM PDT by Truth29
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To: SE Mom
Buried in the treasure trove of White House emails related to Solyndra released Thursday by the House Energy and Commerce Committee is one suggesting that concerns about Solyndra’s viability were shared all the way up to then-White House Chief of Staff Bill Daley a full six months before the company went bust. …

And by implication all the way to the HNWIC.

6 posted on 08/03/2012 7:01:54 AM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Truth29

Absolutely nothing.

Boner and his boys are too afraid of being called “Racists” by the MSM.


7 posted on 08/03/2012 7:05:21 AM PDT by Arm_Bears (Re-distribute my work ethic, not my wealth.)
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To: Don Corleone

What I find REALLY extraordinary is that a major news outlet (ABC) is the one to be reporting this. Unusual in the EXTREME.


8 posted on 08/03/2012 7:05:28 AM PDT by SE Mom (Proud mom of an Iraq war combat vet)
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To: Da Coyote

Paging Mittens...please pickup the white courtesy phone. He should be trotting this out now that they seem to keep wanting his tax returns.


9 posted on 08/03/2012 7:05:55 AM PDT by toolman1401
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To: SE Mom

Easily explained. Obama listens more to Valerie Jarrett, Van Jones, and Michelle than Richard Daley. The info never got to him, so he’s blameless.


10 posted on 08/03/2012 7:17:23 AM PDT by Pearls Before Swine
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To: SE Mom
"What I find REALLY extraordinary is that a major news outlet (ABC) is the one to be reporting this. Unusual in the EXTREME."

It is remarkable considering the source. There must be several dry mouths and tightened sphincters in the White House when fellow comrades in the socialist revolution actually investigate and print the truth close to an election, especially when the editor at ABC News runs this headline:

WH Chief of Staff Daley Briefed on Solyndra Concerns, Email Says
I suspect they abbreviated White House in the headline so that some news crawlers would skip it.
11 posted on 08/03/2012 7:31:13 AM PDT by Unmarked Package
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To: SE Mom

I’ll bet $10 that most of the Solyndra money was funneled to the DNC.


12 posted on 08/03/2012 7:36:26 AM PDT by Eric in the Ozarks (I didn't post this. Someone else did.)
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To: SE Mom
Why are we still talking?

This is over a half billion dollars of our money these Corzine types guaranteed to their good connected donor buddies in an illegal pay back scheme. Aren't there laws against this type of grand thievery?

Why aren't all these felons in the Greybar Hotel, starting with the Community Organizer-In-Thief?

These be "Chicago Values" we be talkin' about heah...!

13 posted on 08/03/2012 7:44:47 AM PDT by Gritty (It's either Obama and the Democrats or America. You can't have both. - Rush Limbaugh)
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To: SE Mom
This came from a NRO Corner posting and was in an email released yesterday from a figure in Solyndra to an executive in the George Kaiser Foundation:

The past five months have witnessed a tremendous competitive headwind for the company coupled with some severe management mistakes. Cutting to the chase – we will not be going public during 2010 and our longer term business plan looks to be somewhat in jeopardy….”

“I think there is still a plan here to getting a solid return out of Solyndra for ourselves (and our friends and family shares alongside us) but we have pushed out any significant positive event until 2011 and perhaps 2012"


So... didn't liberals freak out about Enron insiders doing the exact same thing? And that email was BEFORE the President said ,"companies like Solyndra are leading the way toward a brighter and more prosperous future.”
14 posted on 08/03/2012 7:47:06 AM PDT by Fry
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To: Fry

Wow.

Yeah- liberals freaked out- so did I...I don’t much care what political persuasion corruption comes in..and I’m not naive not to expect some along the way, but the whole Solyndra debacle is beyond the norm and it’s sickening. I detest “crony capitalism”.


15 posted on 08/03/2012 8:09:48 AM PDT by SE Mom (Proud mom of an Iraq war combat vet)
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To: SE Mom; Nachum; LucyT; thouworm; MestaMachine; kristinn

SHTF ping


16 posted on 08/03/2012 8:16:32 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then.)
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To: Arm_Bears

“Boner and his boys are too afraid of being called “Racists” by the MSM.”

Ya know... I sense that changing. Prominent blacks from both parties are voicing concerns about the hut-keeper-in-chief and his economic ineptitude.
It’s never been about race. It’s always about competence.
And Obumo now has an established track record of shear gut-wrenching stupidity.


17 posted on 08/03/2012 8:22:36 AM PDT by bossmechanic (If all else fails, hit it with a hammer)
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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/


18 posted on 08/03/2012 8:52:13 AM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Kahuna

They won’t be there long enough to collect all the $535 million.

ADD it to their income tax bills.

It is time that there are consequences for the actions of this administration beyond not being re-elected, IMO.

This country is headed for a serious RE-SET.


19 posted on 08/03/2012 9:23:20 AM PDT by ridesthemiles
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To: SE Mom
In the eyes of the socialists, the fact that socialism always fails is not because it's a defective system but because all the previous purveyors just didn't do it right. O’Slacker and his red minions are convinced that with them at the helm, this time it will be different.
20 posted on 08/03/2012 9:35:51 AM PDT by JPG (Mount your steeds. Nov '12 is for all the marbles.)
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To: SE Mom

Illegal means illegal...when is the House going to go after Obama for engaging in illegal activity?


21 posted on 08/03/2012 10:01:22 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: Truth29

“Once again, the open question is what will the GOP do about it? “

Simple. They will do nothing. The GOP is totally devoid of leadership. You hand them raw meat, and they let it spoil.


22 posted on 08/03/2012 10:38:00 AM PDT by Shane (When Injustice Becomes Law, RESISTANCE Becomes DUTY.----T.Jefferson)
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To: Nachum

Ping


23 posted on 08/03/2012 11:02:06 AM PDT by Tucker39 ( Psa 68:19Blessed be the Lord, who daily loadeth us with benefits; even the God of our salvation.KJV)
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To: Truth29
Once again, the open question is what will the GOP do about it? A corrupt DOJ will certainly not do anything.

I'd be willing to extend 2 to 1 odds that NOTHING will ever come of this. WHY?

Because the system is TOTALLY "out of control" and there is NO ONE on the horizon who can back the beast off.

Stories such as this tell me America is in much deeper $hit then most folks are really aware of.

24 posted on 08/03/2012 11:23:31 AM PDT by VideoDoctor
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To: SE Mom; TigerLikesRooster; landsbaum; Signalman; NormsRevenge; steelyourfaith; Lancey Howard; ...

Thanks for posting this....fits in with the Global warming hoax....which is to support Green Energy as a money making enterprise....in every form possible.


25 posted on 08/03/2012 5:23:40 PM PDT by Ernest_at_the_Beach (The Global Warming Hoax was a Criminal Act....where is Al Gore?)
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To: SE Mom

The whole DOE green energy program was a scam to skim taxpayer dollars for the use of the Obama cabal.

Tip of the iceberg. It is an across the board Cloward-Piven strategy to loot America.


26 posted on 08/03/2012 5:29:16 PM PDT by exit82 (Pass the word: Obama is a FAILURE!! Democrats are the enemies of freedom!)
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To: Ernest_at_the_Beach

The GOP must enterprise on these kinds of announcements. The more people see through CSPAN and other sources how bad these goons are the more independents just might go for Mitt.


27 posted on 08/03/2012 5:39:38 PM PDT by Marine_Uncle (Honor must be earned.)
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To: SE Mom

dekramkoob...hell everything else is bassackward, smoking gun, now just found the casing.


28 posted on 08/04/2012 10:00:41 AM PDT by Karliner ( Jeremiah 29:11, Romans 8:28, Romans 8:38"...this is the end of the beginning."WC)
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