One year in, GOP Solyndra investigation remains a gigantic nothingburger

Discussion in 'Politics' started by Synthaholic, Feb 17, 2012.

  1. Synthaholic
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    Synthaholic Platinum Member

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    One year in, GOP Solyndra investigation remains a gigantic nothingburger





    One year ago today, Reps. Fred Upton (R-Mich.) and Cliff Stearns (R-Fla.) — chairs of the House Energy Committee and Oversight Subcommittee respectively — sent a letter to Energy Secretary Steven Chu “seeking documents and information about a $535 million loan guarantee … awarded to Solyndra, Inc.”


    That letter marked the beginning of an investigation that has since involved 31 more congressional letters, five congressional committee hearings, nine congressional committee staff briefings, 187,000 pages of documents from the administration, 72,000 pages of documents from Solyndra investors, testimony from five administration officials from three different departments, and a sworn committee interview with an Obama “bundler.”
    What are the results of this expansive (and no doubt expensive) investigation?


    Bupkis. Nothing.


    The Solyndra loan appears today, as it appeared a year ago, a decision made based on merits, undone by economic shifts in the international solar market, with embarrassing political optics. There has been no evidence of wrongdoing. There is no “scandal.”


    (For details on Solyndra, see here, here, here, here, here, here, here, here, [deep breath] here, here, and here. Attempts to unearth a scandal worthy to be called the “next Solyndra” have been no more fruitful: see here, here, and here.)


    The wasted time and money have not daunted Upton and Stearns. They are still taking every opportunity to drop tidbits to the media about possible subpoenas, possible contempt charges, and narrowly averted subpoenas and contempt charges, working furiously to conjure the atmospherics of scandal. The media, of course, remains eager to aid them.


    The investigation is no longer about wasted money or cronyism. If no damning evidence has emerged by now, the chances of it emerging in document 187,001 are remote. Instead, the investigation has become about … itself. It’s about keeping Solyndra in the news as an election-year attack on Obama. It’s about former moderates Stearns and Upton auditioning for roles in a Tea Party–dominated House. (Poor Upton, no matter how he tap dances, he just can’t seem to make the right applaud.)




    *snip*


    More at the link.
     
  2. Synthaholic
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    Synthaholic Platinum Member

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    HUGE Republican FAIL!!!
     
  3. Conservative
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    Conservative Type 40

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    BLOG source...

    Huge Synth FAIL
     
  4. Synthaholic
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    Synthaholic Platinum Member

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    OK - use your own source to show us what inappropriate Obama action the investigation has uncovered?


    Moron.
     
  5. Decepticon
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    Decepticon BANNED

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    NOTHING the CONZ have is sticking this year.

    It's looking like it could be a bloodbath for RepubliCONZ again.
    I mean they have precisely SIX pieces of legislation to their credit in congress. Six. That's all the Republicans could agree to pass as they are in the majority in the House.

    Two spending bills...a patent reform bill and trade agreements with South Korea, Columbia and Panama. Yup...that record CLEARLY shows how concerned they were with jobs and the deficit.

    Good luck running on doing nothing and rehashing the fight America had about birth control four frickin decades ago.
     
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  6. Conservative
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    White House budges on Solyndra probe - UPI.com
    Administration is FINALLY going to cooperate with the GOP investigation.


    White House Agreement on Solyndra Testimony Averts Subpoenas - Bloomberg
    You want to bitch about the investigation... then bitch to the people not cooperating until now... the Obama administration.
     
  7. paulitician
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    paulitician Platinum Member Supporting Member

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    Dear Leader fire his 'Jobs Czar' GE CEO Jeffrey Immelt yet? Corrupt Cronyism is out of control in this White House. And as usual, the American Taxpayer is paying for it. More of that 'Hope & Change' stuff i guess. :(
     
  8. Conservative
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    this is related to the thread topic... how?
     
  9. Oldstyle
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    The "results" are as obvious today as they were last year. The Obama Administration did the 'ole crony capitalism thing for one of their big campaign contributors even though there were red flags all over the Solyndra loan guarantee. Is it illegal? No. Is it sleazy? Very much so.
     
  10. paulitician
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    paulitician Platinum Member Supporting Member

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    Cronyism.
     

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