Skip to comments.Issa: Obama admin has.... green-energy bankruptcies and failures
Posted on 11/01/2012 9:30:13 AM PDT by Ernest_at_the_Beach
As Mary Katherine recounted on Monday, weve all long since figured out that the Department of Energys decisions to dish out loan guarantees/grants/etcetera are highly political decisions, despite the administrations incessant insistence that that just isnt the case. In reference to the bankruptcy of taxpayer-supported Abound Solar last week, President Obamas proclaimed that these are decisions, by the way, that are made by the Department of Energy, they have nothing to do with politics, but evidence abounds (heh, see what I did there?) to the contrary, which was picked up by the House Oversight and Government Reform Committee and released as part of their official investigation today.
Washington As an update on the Committees investigation into the loan guarantee program, the House Oversight and Government Reform Committee today released a memorandum to its members including over 150 emails that contradict statements by the President, Secretary Chu, and White House and Department of Energy officials that politics had nothing to do with the Department of Energys controversial 1705 loan guarantee program, which used taxpayer money to fund green energy companies like Solyndra and Abound Solar, both of which are now bankrupt and under investigation.
The Administration should have disclosed these emails directly to Congress and the American people, said House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif. The Department of Energy failed to produce many of these emails, but the Committee received them from other sources.
(Excerpt) Read more at hotair.com ...
The House Oversight Committee does not have prosecuting powers in this instance, nor with Fast & Furious, nor with the Benghazi debacle, nor with illegal campaign contributions from international sources, does it? Is there any controlling legal authority to speak of?
As a legislative body they have 2 options:
A) Send something to DoJ and ask for prosecution, which is obviously a dead end with Holder in charge.
B) Impeach which is a dead end with the Reid Senate since they will just turn in a “not guilty” vote no matter what.
It comes down to the election.
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