Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Repukes trying to turn Solyndra into a green Enron. Oh joy.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-14-11 02:55 PM
Original message
Repukes trying to turn Solyndra into a green Enron. Oh joy.
And Silicon Valley's daily cat box liner swallows it hook, line and sinker.

http://www.mercurynews.com/business/ci_18892348

The congressional probe into Solyndra's $535 million loan guarantee from the Department of Energy exploded into public view Wednesday morning, as House Republicans released emails that show White House aides pressured budget officials to finalize a decision on Solyndra's loan because they were eager to have Vice President Joe Biden announce the loan at Solyndra's 2009 groundbreaking ceremony in Fremont.

But the select emails, which were leaked to the Washington Post in advance of the hearing, contained no evidence that George Kaiser, a prominent Obama fundraiser, had any direct influence or involvement in the Solyndra loan. Many conservative critics have focused on Kaiser because Argonaut Venture Capital, the investment arm of the Tulsa, Okla.-based George Kaiser Family Foundation, is Solyndra's largest private investor and is first in line to be paid during the company's bankruptcy proceedings. There has been widespread speculation that Solyndra's loan was either approved or expedited at the request of Kaiser and other political donors to Obama's 2008 presidential campaign.

The bitter bipartisan divide on Capitol Hill was clear in the four-hour hearing. Republicans on the House Energy and Commerce Committee hammered Solyndra as "crony capitalism run amok," while Democrats argued that the United States was losing the cleantech race to China and said Republicans were trying to discredit clean energy in the same way they have dismissed the scientific evidence of climate change.

Under questioning from Rep. Henry Waxman, D-Los Angeles, both Jonathan Silver, director of the Department of Energy's Loan Programs Office, and Jeffrey Zients, deputy director of the Office of Management and Budget, testified that they have never met or spoken with Kaiser.


This is pretty much what they ponmised us when they swarmed in to infest Capitol Hill: using the "power of oversight" to get anyone and everyone they dislike into the dock for a grilling hearing. :eyes:

Printer Friendly | Permalink |  | Top
Cirque du So-What Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-14-11 03:05 PM
Response to Original message
1. Fucking Bushes have a knack for leaving messes for their Democratic successors
With Poopy Bush, it was setting-up Bill Clinton for the Somalia debacle. Dim Son had this fiasco waiting in the wings, ready to cause major suckage for the Obama administration.
Printer Friendly | Permalink |  | Top
 
GSLevel9 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-14-11 03:10 PM
Response to Original message
2. this will be RED MEAT next year...
Shrub administration says NO to Solyndra and Obama says YES. 1/2 BILLION taxpayer dollars WASTED. And the whole Solyndra's investors and executives and their political donations to Dems...

Sometimes shit really DOES stink.
Printer Friendly | Permalink |  | Top
 
MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-14-11 03:40 PM
Response to Original message
3. When I hear "Solyndra" and "green" I think SOYLENT GREEN.
And we all know what THAT is......

http://www.youtube.com/watch?v=8Sp-VFBbjpE
Printer Friendly | Permalink |  | Top
 
geek_sabre Donating Member (619 posts) Send PM | Profile | Ignore Wed Sep-14-11 03:52 PM
Response to Original message
4. Perhaps you could explain how this doesn't look bad for the President?
Printer Friendly | Permalink |  | Top
 
KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-14-11 03:56 PM
Response to Reply #4
5. They're making a mountain out of a molehill
trying to make it look much worse than it actually is, the better to make grist for the Faux Noise mill. :eyes:

"But the select emails, which were leaked to the Washington Post in advance of the hearing, contained no evidence that George Kaiser, a prominent Obama fundraiser, had any direct influence or involvement in the Solyndra loan....

Under questioning from Rep. Henry Waxman, D-Los Angeles, both Jonathan Silver, director of the Department of Energy's Loan Programs Office, and Jeffrey Zients, deputy director of the Office of Management and Budget, testified that they have never met or spoken with Kaiser."
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 12:50 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC