bitterlyclingin
Silver Member
- Aug 4, 2011
- 3,122
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[Contrary to what the lying Liar In Chief said publicly after the Solyndra debacle went belly up, Obama was in the thick of the decision making process of who got what, when, and how much in the way of the multitude of clean energy loans DOE was granting. Considering that close to 90% or thereabouts of those clean energy loans went out to Obama bundlers, campaign contributors and supporters, the environs around the DOE are starting to accrue a stench distinctly reminiscent of the odor of an open cesspool and our lying Liar in Chief is up to his eyeballs in the precursor to that stench instead.
All moneys lost, monies that fly off to money Heaven when one of these risky and eminently wasteful entities go belly up, is money completely and forever lost to the economy for new plant and equipment, new product development, and the hiring and training of new employees.
Looking at Obama's and the Democrats track record in picking these failed investments makes one think that War, itself, would have been a better investment, with a better return for America to make than their investment choices were.]
"President Obama’s staff arranged for him to be personally briefed last summer on a loan program to help clean-energy companies, two months before the program was thrust into headlines by the collapse of its flagship, the solar company Solyndra, records show.
About the same time, then-White House Chief of Staff William Daley resolved a dispute among administration officials over another project in the program, clearing the way for a $1.4 billion loan, according to documents and sources familiar with the situation.
The documents, a series of e-mails among Energy Department staff members involved in managing the program, provide new details about the level of White House involvement in the controversial initiative. White House officials have said in the past that final decisions about which companies would receive the loan guarantees were made by career staff members at the Energy Department, not political appointees."
Energy Dept. e-mails on Solyndra provide new details on White House involvement - The Washington Post
All moneys lost, monies that fly off to money Heaven when one of these risky and eminently wasteful entities go belly up, is money completely and forever lost to the economy for new plant and equipment, new product development, and the hiring and training of new employees.
Looking at Obama's and the Democrats track record in picking these failed investments makes one think that War, itself, would have been a better investment, with a better return for America to make than their investment choices were.]
"President Obama’s staff arranged for him to be personally briefed last summer on a loan program to help clean-energy companies, two months before the program was thrust into headlines by the collapse of its flagship, the solar company Solyndra, records show.
About the same time, then-White House Chief of Staff William Daley resolved a dispute among administration officials over another project in the program, clearing the way for a $1.4 billion loan, according to documents and sources familiar with the situation.
The documents, a series of e-mails among Energy Department staff members involved in managing the program, provide new details about the level of White House involvement in the controversial initiative. White House officials have said in the past that final decisions about which companies would receive the loan guarantees were made by career staff members at the Energy Department, not political appointees."
Energy Dept. e-mails on Solyndra provide new details on White House involvement - The Washington Post
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