Republican donors and allies invested in Solyndra and proceeded under GW Bush

[merrill]

Facts

What emerges is that a bunch of Republican donors and allies had invested in Solyndra. That is probably the motivation for the Bush administration’s support of Solyndra. So the loan originated during the Bush administration and was passed along for renewal to the Obama administration.

What critics fail to mention is that the Solyndra deal is more than three years old, started under the Bush Administration, which tried to conditionally approve the loan right before Obama took office. Rather than “pushing funds out the door too quickly,” the Obama Administration restructured the original loan when it came into office to further protect the taxpayers’ investment.

Republican dishonesty, treachery, and treasonous impetuosity continue to plague American politics. Until this reactionary ardor becomes inevitably squashed by public enlightenment, we will just have to bear their wild stupidity oppressing that most promising commodity our nation has ever, or will ever produce…it’s people.

Solyndra and Bush | The Moderate Voice