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 ...
It appears some SHTF, ping...
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.
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?
Once again, the open question is what will the GOP do about it? A corrupt DOJ will certainly not do anything.
And by implication all the way to the HNWIC.
Absolutely nothing.
Boner and his boys are too afraid of being called “Racists” by the MSM.
What I find REALLY extraordinary is that a major news outlet (ABC) is the one to be reporting this. Unusual in the EXTREME.
Paging Mittens...please pickup the white courtesy phone. He should be trotting this out now that they seem to keep wanting his tax returns.
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.
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 SaysI suspect they abbreviated White House in the headline so that some news crawlers would skip it.
I’ll bet $10 that most of the Solyndra money was funneled to the DNC.
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...!
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”.
SHTF ping
“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.
The list, Ping
Let me know if you would like to be on or off the ping list
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.
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