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Energy Secretary Steven Chu On Solyndra: Everything Was ‘Proper’
IBD's Capital Hill ^ | 11/16/2011 | Sean Higgins

Posted on 11/16/2011 12:05:30 PM PST by Slyscribe

On the eve of his appearance before the House Energy and Commerce Committee to discuss the Solyndra bankruptcy, the Energy Department has provided reporters with advance excerpts from Secretary Chu’s prepared statement. The remarks indicate that Chu will continue to defend the green energy loan guarantee program that gave the now-bankrupt solar panel company more than $527 million in taxpayer dollars.

(Excerpt) Read more at blogs.investors.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: chu; clintonredux; corruption; democrats; denydenydeny; energy; fraud; greenfraud; house; obama; obamacampaign; obamadonors; solyndra

1 posted on 11/16/2011 12:05:31 PM PST by Slyscribe
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To: Slyscribe

Of course it was “normal”......it’s the liberal way you pay back donors!


2 posted on 11/16/2011 12:08:05 PM PST by Erik Latranyi
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To: Slyscribe
Make Chu pay the money back.
3 posted on 11/16/2011 12:09:41 PM PST by org.whodat (Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
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To: Slyscribe

Yeah, right. And I’m “Mr. Greenjeans.”


4 posted on 11/16/2011 12:09:45 PM PST by RexBeach
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To: Erik Latranyi

Kennedy’s company got 1.4 billion

I think you’re right - there is a pattern here.


5 posted on 11/16/2011 12:10:06 PM PST by edcoil (I grew up in a country that was honest, I am growing old in a country that is not. I am sorry.)
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To: RexBeach
Hello?

6 posted on 11/16/2011 12:11:57 PM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Slyscribe

So it is now considered “proper” to ignore the advice of your own business analysis to make politically motivated loans to political cronies with taxpayer dollars?


7 posted on 11/16/2011 12:12:01 PM PST by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: Slyscribe

There isn’t one 0bama policy that doesn’t amount to either paying off his political donors at taxpayer expense, or is a de factor reparations program.


8 posted on 11/16/2011 12:12:59 PM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: MrB

“de facto”


9 posted on 11/16/2011 12:13:22 PM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Slyscribe

Even the part about holding off on the layoffs until after the midterms.


10 posted on 11/16/2011 12:15:18 PM PST by ILS21R (Never give up)
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To: MNJohnnie

Proper if your advice comes from John Corzine.


11 posted on 11/16/2011 12:16:09 PM PST by WOBBLY BOB (See ya later, debt inflator ! Gone in 4 (2012))
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To: Slyscribe

The Little Chu Chu Who Could (with a little help from his friend, Mr. Soros)


12 posted on 11/16/2011 12:16:41 PM PST by kitkat (Obama, rope and chains)
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To: Slyscribe

Chu is a weak link in the admin. He’s soft and talks to media too much.

He needs to be targeted (politicaly) and pressured (publicly) and he will break and go off reservation.

He can be the crack in the damn of silence and obfusacation holding back the flood of corruption.


13 posted on 11/16/2011 12:18:43 PM PST by SpringtoLiberty (Liberty is on the march!)
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To: Slyscribe

If you mean overriding good sense and guaranteeing a loan for over half a billion dollars when even the company accountants were telling you not to do it.


14 posted on 11/16/2011 12:22:10 PM PST by Blood of Tyrants (Never believe anything in politics until it has been officially denied.)
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To: Slyscribe



CHU LIE!
15 posted on 11/16/2011 12:31:51 PM PST by crosshairs (Liberalism is to truth, what east is to west.)
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To: Slyscribe

Nobel prize for stupid and dishonest....


16 posted on 11/16/2011 12:42:00 PM PST by Nifster
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To: MrB

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Good old Mr. Greenjeans. He and the Captain would know what to do with the economy. They’d also use the “magic” words.


17 posted on 11/16/2011 12:52:57 PM PST by RexBeach
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18 posted on 11/16/2011 1:35:11 PM PST by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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