Free Republic

When Obama carried out his Solyndra con game, he broke the same law that Martha Stewart went to prison for breaking In 2009 the Obama administration gave $535 million to Solyndra, claiming that it would create 4,000 new jobs. However, instead of creating those 4,000 new jobs, the company went bankrupt. It was later revealed that the company’s shareholders and executives had made substantial donations to Obama’s campaign, that the company had spent a large sum of money on lobbying, and that Solyndra executives had had many meetings with White House officials. It was also revealed that the Obama administration had...

As contenders scramble for the White House this fall, thoughts have naturally turned to President Obama’s legacy, and particularly his environmental legacy. As taxpayers consider the lessons of that legacy they would do well to consider past support and use of taxpayer dollars for favored industries and companies. One of those once favored companies is the now defunct renewable energy company Solyndra. During the late 2000s, the Obama administration deployed its political capital to cultivate an environmentally friendly image for the president. In a quest for renewable energy as part of the stimulus package and at the urging of the...