Posted on 09/16/2011 3:27:15 AM PDT by tobyhill
White House officials discussed the political ramifications of a possible default by a troubled solar energy company that received more than $500 million in federal loans, newly released emails show.
Emails released Thursday night show the Obama administration privately worried about the effect of a default by Solyndra Inc. on the president's re-election campaign.
"The optics of a Solyndra default will be bad," an official from the Office of Management and Budget wrote in a Jan. 31 email to a senior OMB official. "The timing will likely coincide with the 2012 campaign season heating up."
That message has turned out to be a fairly accurate prophecy of Solyndra's failure haunting President Obama's 2012 campaign, even before the end of 2011.
In remarks on the Senate floor Thursday, Senate Minority Leader Mitch McConnell, R-Ky., argued that Solyndra's bankruptcy this month was just another reason to fight against the president's jobs plan, reports CBSNews.com's Lucy Madison.
"This place was supposed to be the poster child of how the original stimulus would create jobs. Now it's bankrupt and most of its 1,100 employees are out of work," McConnell said.
(Excerpt) Read more at cbsnews.com ...
Impeachment!!
The OMB? Is that the "bi-partisan" or "non-partisan", supposedly, watchdog over taxpayer money?
they’re not that worried. Only the media are worried for obama. They’re ready to spend another $500 billion
End of the fiscal year. Frantically use what money is left or back to the Treasury it goes (so it can be wasted elsewhere).
What is a Ridgerunner? I have often wondered that when I’ve seen your name. Is it like a Roadrunner with legs.
Did we just agree to bail out Europe again? If so, the Solyndra scam looks like pretty small beer in comparison....
Nah, it’s a local slang term for “mountain boy.” I’m originally from Southwest Virginia, the heart of Appalachia and coal country, and so that’s the root of my screen name.
“There’s no evidence that the White House was involved in the loan,”...In other words they have destroyed everything they could find about this scam.
From Urban Dictionary:
In rural areas, the rough and rugged men, women and families from the backwoods, mountains and hills that produced and distributed alcohol products during the prohibition era. The men typically wore full beards and overalls. The women usually wore modest, full length dresses with hair up in a bun style. They usually spoke with a strong southern drawl. Loosely, the equivalent of hillbilly. Also called moonshiner.
So they loaned out money when they knew the borrower would not be able to pay it back.
Who was in charge of the loan-—Barney Frank?
That’s right.
By now, Americans are punch drunk with the endless recitation of this administrations laundry list of blunders, crimes, lies, etc...
We are all about paralyzed with shock and distrust of what has been happening and WHAT the f^%$ is around the next corner.
I feel like everyone who supported this clown ought to be taken away in a giggle jacket.
If Watergate was a second rate burglary than Solyndra ranks as a first rate money laundering scheme. Solyndragate.
How does this sound to you?
President Joe Biden?
Or the Biden/Palin debate?
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