Obama the Loanshark's FBI Raid

[yidnar]

How much more shit can obama be covered with?
tax cheats as friends and head of the treasury
gun dealing to drug dealers
Tony Rezno is in jail but no trail date
union pay offs
illegal use of military by aiding America's enemy in Libya
A domestic terrorist as a friend
Sat in a radical preachers church for 20 years.
Wife who is in her 40's finally felt proud to be an American
Lied about closing Gitmo still using the same tatics he condemned
Still using the patriot act
Allowed GM to build a plant in China when America is losing jobs
Raid on Gibson Guitar told them it would be better if they moved to India.

I am sure there is more care to add some?

What I want to know is why isn't the Congress going after him? Are they afraid of this thug?

In a word, yes.

sadly they are afraid of the ethnic backlash !!

 

[freedombecki]

sadly they are afraid of the ethnic backlash !!

Yidnaarrrrr! Only when it's not all Bush's fault by an administration, that alak has a strange attitude about loaning and collecting money in general. The Solyndra thingie is almost like hearing Abba's Money, Money, Money for the 99th time in any given day. Soooooo eeew.

http://youtubekaraoke.blogspot.com/2007/09/money-money-money-abba.html


​

 

[freedombecki]

Oh, and Yidnar, while we're on the subject of a lot of numbers in one place, how did you ever manage to get four red blotches on your reputation line?

 

[Trajan]

well, looks like this thing has legs, serious legs.

Emails: Obama White House Monitored Huge Loan to 'Connected' Firm

The company’s solar panel factory was heralded as a centerpiece of the president’s green energy plan — billed as a way to jump start a promising new industry. And internal emails uncovered by investigators for the House Energy and Commerce Committee that were shared exclusively with ABC News show the Obama administration was keenly monitoring the progress of the loan, even as analysts were voicing serious concerns about the risk involved. “This deal is NOT ready for prime time,” one White House budget analyst wrote in a March 10, 2009 email, nine days before the administration formally announced the loan.

“If you guys think this is a bad idea, I need to unwind the W[est] W[ing] QUICKLY,” wrote Ronald A. Klain, who was chief of staff to Vice President Joe Biden, in another email sent March 7, 2009. The “West Wing” is the portion of the White House complex that holds the offices of the president and his top staffers. Klain declined comment to ABC News…

Even after Obama took office on Jan. 20, 2009, analysts in the Energy Department and in the Office of Management and Budget were repeatedly questioning the wisdom of the loan. In one exchange, an Energy official wrote of “a major outstanding issue” — namely, that Solyndra’s numbers showed it would run out of cash in September 2011.

http://abcnews.go.com/Blotter/email...nitored-huge-loan-connected/story?id=14508865

and

Solyndra LLC’s workers making solar-power panels in a California factory subsidized by U.S. taxpayers showed “the promise of clean energy isn’t just an article of faith,” President Barack Obama said on a visit to the company in May 2010.

Two months before Obama’s visit, accounting firm PricewaterhouseCoopers LLP warned that Solyndra, the recipient of $535 million in federal loan guarantees, had financial troubles deep enough to “raise substantial doubt about its ability to continue as a going concern.”

The Obama administration stood by Solyndra through the auditor’s warning, the abandonment of a planned initial public offering and a last-ditch refinancing where taxpayers took a back seat to new investors. That unwavering commitment has come under increasing scrutiny since the company’s travails culminated in its filing for bankruptcy protection on Sept. 6 and a raid on its headquarters by the Federal Bureau of Investigation two days later.

“People including our government put blinders on and did not want to believe in the obvious,” Jonathan Dorsheimer, an analyst in Boston for Canaccord Genuity Inc. of Vancouver, said in an interview with Bloomberg Government. “The fact that the government chose Solyndra as their white horse is mind- boggling.”

more at
Obama Team Backed $535 Million Solyndra Aid as Auditor Warned on Finances - Bloomberg
and
New e-mails reveal: White House closely monitored Energy Department’s deliberations of Solyndra « Hot Air

 

[freedombecki]

well, looks like this thing has legs, serious legs.

Emails: Obama White House Monitored Huge Loan to 'Connected' Firm

The company’s solar panel factory was heralded as a centerpiece of the president’s green energy plan — billed as a way to jump start a promising new industry. And internal emails uncovered by investigators for the House Energy and Commerce Committee that were shared exclusively with ABC News show the Obama administration was keenly monitoring the progress of the loan, even as analysts were voicing serious concerns about the risk involved. “This deal is NOT ready for prime time,” one White House budget analyst wrote in a March 10, 2009 email, nine days before the administration formally announced the loan.

“If you guys think this is a bad idea, I need to unwind the W[est] W[ing] QUICKLY,” wrote Ronald A. Klain, who was chief of staff to Vice President Joe Biden, in another email sent March 7, 2009. The “West Wing” is the portion of the White House complex that holds the offices of the president and his top staffers. Klain declined comment to ABC News…

Even after Obama took office on Jan. 20, 2009, analysts in the Energy Department and in the Office of Management and Budget were repeatedly questioning the wisdom of the loan. In one exchange, an Energy official wrote of “a major outstanding issue” — namely, that Solyndra’s numbers showed it would run out of cash in September 2011.

Emails: Obama White House Monitored Huge Loan to 'Connected' Firm - ABC News

and

Solyndra LLC’s workers making solar-power panels in a California factory subsidized by U.S. taxpayers showed “the promise of clean energy isn’t just an article of faith,” President Barack Obama said on a visit to the company in May 2010.

Two months before Obama’s visit, accounting firm PricewaterhouseCoopers LLP warned that Solyndra, the recipient of $535 million in federal loan guarantees, had financial troubles deep enough to “raise substantial doubt about its ability to continue as a going concern.”

The Obama administration stood by Solyndra through the auditor’s warning, the abandonment of a planned initial public offering and a last-ditch refinancing where taxpayers took a back seat to new investors. That unwavering commitment has come under increasing scrutiny since the company’s travails culminated in its filing for bankruptcy protection on Sept. 6 and a raid on its headquarters by the Federal Bureau of Investigation two days later.

“People including our government put blinders on and did not want to believe in the obvious,” Jonathan Dorsheimer, an analyst in Boston for Canaccord Genuity Inc. of Vancouver, said in an interview with Bloomberg Government. “The fact that the government chose Solyndra as their white horse is mind- boggling.”

more at
Obama Team Backed $535 Million Solyndra Aid as Auditor Warned on Finances - Bloomberg
and
New e-mails reveal: White House closely monitored Energy Department’s deliberations of Solyndra « Hot Air

ABC News is reporting this? I'm gonna faint! Well, this is my reading for tonight, Trajan. Thanks for looking out for the national interests and then sharing them here.

 

[freedombecki]

The Kaiser foundation at the Bloomberg link is what got to me, Mr. Trajan:

Kaiser Investment

Since then, Republicans have pointed to connections between Solyndra and billionaire George Kaiser, an Obama campaign fundraiser. The George Kaiser Family Foundation, a charitable organization based in Tulsa, Oklahoma, holds about 36.7 percent of the company, according to a filing with the Securities and Exchange Commission. Kaiser made 16 visits to the president’s aides since 2009, according to White House visitor logs.
“George Kaiser is not an investor in Solyndra and did not participate in any discussions with the U.S. government regarding the loan,” the foundation said in an e-mailed statement on Sept. 1.
As Solyndra struggled to stay afloat, it worked to reassure lawmakers. The company spent $480,000 this year to lobby Congress, according to Senate records.
In July, days after Republicans on the House Energy and Commerce Committee subpoenaed the White House for documents related to the loan guarantee, Solyndra retained Glover Park Group LLC, a public relations and lobbying firm of former congressional and White House aides based in Washington, to introduce executives to members of the committee, according to Senate records.

 

[Zander]

This is the most damning....

The results of the Congressional probe shared Tuesday with ABC News show that less than two weeks before President Bush left office, on January 9, 2009, the Energy Department's credit committee made a unanimous decision not to offer a loan commitment to Solyndra.

Even after Obama took office on Jan. 20, 2009, analysts in the Energy Department and in the Office of Management and Budget were repeatedly questioning the wisdom of the loan. In one exchange, an Energy official wrote of "a major outstanding issue" -- namely, that Solyndra's numbers showed it would run out of cash in September 2011.

Based upon reading the entire article, it appears that somebody in the White House exerted serious pressure to get this gigantic loan approved - even after the Bush WH turned it down. The worst part is that they did it all for a photo-op. A $ half billion $ photo-op.

Dilettante, fool, criminal, negligent....pick an adjective- they all stink.

 

[Wicked Jester]

merged with existing thread.

This is dirty shit, pure and simple.

Emails: Obama White House Monitored Huge Loan to 'Connected' Firm - ABC News

 

[Lakhota]

OMG, I'm horrified. Has Obama banged Sarah yet?

 

[Photonic]

This is dirty shit, pure and simple.

Emails: Obama White House Monitored Huge Loan to 'Connected' Firm - ABC News

This is just horrible!

Watergate scandal - Wikipedia, the free encyclopedia

 

[Wicked Jester]

OMG, I'm horrified. Has Obama banged Sarah yet?

Once again, you're too stupid understand what the ramifications could be if it's shown that Obama influenced a loan guarantee to this company.

 

[Photonic]

OMG, I'm horrified. Has Obama banged Sarah yet?

Once again, you're too stupid understand what the ramifications could be if it's shown that Obama influenced a loan guarantee to this company.

It means that the government was financing favorite companies and influencing the competitive environment.

 

[Wicked Jester]

OMG, I'm horrified. Has Obama banged Sarah yet?

^^Once again, the Lactating lil' injun just can't add any substance to an issue.^^

 

[Lakhota]

Once again, you're too stupid understand what the ramifications could be if it's shown that Obama influenced a loan guarantee to this company.

By Gawd, we'll just let him pound some rocks with Bush and Cheney in a high security prison. That'll learn him...

 

[Wicked Jester]

OMG, I'm horrified. Has Obama banged Sarah yet?

Once again, you're too stupid understand what the ramifications could be if it's shown that Obama influenced a loan guarantee to this company.

It means that the government was financing favorite companies and influencing the competitive environment.

How does one "influence" the competetive environment, by guaranteeing a loan to a company with a B minus credit rating?

That's where the dirtiness of this deal comes in.....And if it's found that Obama had a hand in the approval, it will not be good for he or his administration. Particularly seeing the relationship he had with said company.

 

[CaféAuLait]

Damn, the shit is hitting the fan!


Could it be this generations Tricky Dick ( oops, would the Daily Kos believe that to be racist?)

 

[Lakhota]

And if it's found that Obama had a hand in the approval, it will not be good for he or his administration. Particularly seeing the relationship he had with said company.

WOW, I hope WorldNUTDaily, Breitbart, James O'Keefe, and Fox News don't hear about this...

 

[Lakhota]

OMG, will Obama be impeached for having "a hand in the approval"...?

 

[Wicked Jester]

OMG, will Obama be impeached for having "a hand in the approval"...?

Are you ever not stupid?

Seriously, ya' dirty lil' drunken injun, do you ever have anything intelligent to add to any issue?.....Have you ever had an original thought in your life?

 

[California Girl]

Good to see that promised change in DC is really working!

Oh wait.

No.

This is same old shit, different Administration.

Color me shocked pink, if that's not too racist.