Obama corruption and Solyndra

[Anonymous]

http://abcnews.go.com/Blotter/emails-obama-white-house-monitored-huge-loan-connected/story?id=14508865

Taxpayers left holding the bag for $500m. And yet they still wonder why people are afraid and don't like this administration.

[Anonymous]

Here come the junior Republican National Committee robo-flacks again....

[takoma]

If the parties were reversed, we liberals (this one at least) would be all over it, so I think we have to take it seriously and see where it goes.

[Anonymous]

takoma wrote:If the parties were reversed, we liberals (this one at least) would be all over it, so I think we have to take it seriously and see where it goes.

Yes - if the allegations are true, they're very troubling.

[TheManWithAUsername]

"Corruption" is a reach, from what I see here. So he's a corporate whore like almost every major party politician. That shouldn't surprise anyone.

[Aimee4]

It's very hard to choose a 'side' from reading this article. The way I read it, the adminstration 'closely monitored' progress, not demanded Solyndra get the deal. There is a huge difference. However, there may be more to it, and there may have been significant pressure to make the loan. Without seeing exactly what was written by and to whom, it is impossible to tell whether it is corruption or not.

[Anonymous]

takoma wrote:If the parties were reversed, we liberals (this one at least) would be all over it, so I think we have to take it seriously and see where it goes.

Conservative here, I'm glad someone recognizes this as something that would never, ever be let go by many of the posters here were the parties reversed. Having said that, I think that it is implausible that this actually reflects intentional corruption on the part of the Obama Administration. I doubt anyone was trying to enrich a campaign contributor or anything like that. To me, it is much more of a competence issue, incinerating taxpayer money via loan guarantees that were issued without sufficient due diligence to protect the government's investment.

[Anonymous]

Obama will be gone soon. How disappointing.

[TheManWithAUsername]

Aimee4 wrote:It's very hard to choose a 'side' from reading this article. The way I read it, the adminstration 'closely monitored' progress, not demanded Solyndra get the deal. There is a huge difference. However, there may be more to it, and there may have been significant pressure to make the loan. Without seeing exactly what was written by and to whom, it is impossible to tell whether it is corruption or not.

I bet when you work for an agency and you're aware that the White House is "monitoring" something, you do what you can to figure out which way they want it to go and to get it done. It's like if the head of the company sends you someone's resume, without any comment. Sure - you don't HAVE to hire them...

[Anonymous]

Anonymous wrote:http://abcnews.go.com/Blotter/emails-obama-white-house-monitored-huge-loan-connected/story?id=14508865

Taxpayers left holding the bag for $500m. And yet they still wonder why people are afraid and don't like this administration.

Gee, it was Bush that created loan guarantee programs for the energy industry. Back then the Washington Post said this: "The provision was just one example of how the energy bill, touted as a way to reduce dependence on foreign oil or moderate gasoline prices, has been turned into a piñata of perks for energy industries."

[Anonymous]

We're looking at a projected $36.5 billion dollars in subsidies to oil and gas producers in the US over the next ten years. This was a federally backed loan program to a firm that does solar.

Anyway, stuff like this happens all the time, and given the description of the events, and the people making the charges, it's not even obvious there's smoke here, much less fire.

Energy officials have repeatedly denied those allegations, saying the selection process was even handed. Until two weeks ago, the Obama administration held out Solyndra as a model for its green energy program, which was devised to create jobs and spur investment in cleaner sources of energy. President Obama personally visited the Solyndra plant last year, and his Energy Department made it the first to win approval of a federal loan guarantee. The $535 million federal investment enabled the company to build a sprawling manufacturing facility.

Last week, Solyndra abruptly shut its doors, announced it was laying off 1,100 workers, and then filed for bankruptcy. Executives with the company and federal energy officials said the company's failure was the result of intense competition from China.

Should the government be in the business of helping alternative energy R&D & manufacturers get loans? I think the answer is "Yes". But I also suspect that the question is a litmus test for just how much outrage one feels about this "scandal."

[Anonymous]

Anonymous wrote:http://abcnews.go.com/Blotter/emails-obama-white-house-monitored-huge-loan-connected/story?id=14508865

Taxpayers left holding the bag for $500m. And yet they still wonder why people are afraid and don't like this administration.

You sound like a pretty unsophisticated fellow. You do understand that a loan guarantee doesn't consist of handing over large bags with dollar-signs painted on them, right? Hmmm. Maybe you don't.

[Anonymous]

Anonymous wrote:

Anonymous wrote:http://abcnews.go.com/Blotter/emails-obama-white-house-monitored-huge-loan-connected/story?id=14508865

Taxpayers left holding the bag for $500m. And yet they still wonder why people are afraid and don't like this administration.

You sound like a pretty unsophisticated fellow. You do understand that a loan guarantee doesn't consist of handing over large bags with dollar-signs painted on them, right? Hmmm. Maybe you don't.

You're either trying to be funny (which you aren't) or you don't understand what a loan guarantee means. Who do you think pays off for the loan? Especially when this was fraud.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:http://abcnews.go.com/Blotter/emails-obama-white-house-monitored-huge-loan-connected/story?id=14508865

Taxpayers left holding the bag for $500m. And yet they still wonder why people are afraid and don't like this administration.

You sound like a pretty unsophisticated fellow. You do understand that a loan guarantee doesn't consist of handing over large bags with dollar-signs painted on them, right? Hmmm. Maybe you don't.

You're either trying to be funny (which you aren't) or you don't understand what a loan guarantee means. Who do you think pays off for the loan? Especially when this was fraud.

Funny, you haven't shown that a) fraud occurred, or b) that nothing of the loan is recoverable. You have made a lot of assumptions based on your naked political partisanship and naivete, though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:http://abcnews.go.com/Blotter/emails-obama-white-house-monitored-huge-loan-connected/story?id=14508865

Taxpayers left holding the bag for $500m. And yet they still wonder why people are afraid and don't like this administration.

You sound like a pretty unsophisticated fellow. You do understand that a loan guarantee doesn't consist of handing over large bags with dollar-signs painted on them, right? Hmmm. Maybe you don't.

You're either trying to be funny (which you aren't) or you don't understand what a loan guarantee means. Who do you think pays off for the loan? Especially when this was fraud.

Funny, you haven't shown that a) fraud occurred, or b) that nothing of the loan is recoverable. You have made a lot of assumptions based on your naked political partisanship and naivete, though.

Henry waxman said that the company lied to him. Is that not fraud? You think you can wish this scandal away? When abc news is reporting this and hammering Obama you know it's big.