The Solyndra Obscene Boondoggle Scandal
cliffnotes version at Townhall.com.
Mark Levin is all over this thing, and The Right Scoop (Sept. 14) has the audio from Levin's radio show.
Levin had a caller a week ago who was a self-described "low level" employee at Solyndra. Levin says, "She made it quite clear that this was fraud from day one, and even she, a fairly "low level" worker, quote, unquote, was well-aware that this was unfeasible from day one. We now know there are emails, from certain individuals, senior up in the Obama administration, suggesting they not pursue this. We know the money came from the phoney stimulus bill. We know there were meetings with executives at the White House, and we know that top executives of this firm contributed heavily to the Obama campaign."
This is the "green" company that received half a billion in taxpayer money from the Obama stimulus bill. Levin says that this was a Potemkin Village, and the problem is, it went bankrupt too fast--it was meant to last at least until after the 2012 election.
Levin: "In the name of green energy, in the name of the environment, they think they can get away with anything, folks."
So we're hearing that the Treasury Department, the FBI, and the Energy Department are all pursuing investigations into this obscene fraud. Since the "loan" given to this company was arranged by the Energy Department, isn't this like the fox guarding the hen house? Just askin'.
A House panel is looking into the role the White House played in the half a billion dollar loan to the company. The House Energy and Commerce Subcommittee on Oversight and Investigations began hearings yesterday, Sept. 14, into the approval of the loan to Solyndra. The chairman of the committee is Rep. Fred Upton (R-Mich.).
From the website Human Events, and article by Audrey Hudson: "House Panel Probes White House Role in Solyndra Loan" - "Republicans said Solyndra was the hallmark of the President's green jobs program and widely promoted by the administration as a stimulus success story, right up until its bankruptcy and FBI raid. [Energy] Secretary Chu did attend the groundbreaking even on Sept. 4, and Biden spoke at the ceremony via satellite."
Naturally the White House is now in full ass-covering mode. Yes, hilariously they're blaming...wait for it...George Bush!
Updates to follow...
Update. This is from American Thinker, "Solyndra is just the tip of the iceberg," by Ed Lasky.
Update #2. From Jon Stewart and the Daily Show. I might just have to start watching this guy. This is hilarious. h/t Michelle Obama's Mirror's blog