Wednesday, September 28, 2011

Solyndra!


The Republicans are calling Solyndra a Democrat scandal, but who really gave birth to it?
by Charlie Leck

Senate Minority Leader, Mitch McConnell, a Republican is all over the Solyndra scandal, blaming it all on President Obama! (I won’t insult your intelligence by reviewing the “scandal” here.)

Just know this: The loan guaranty program, and the Solyndra Company clearance to participate in it, was passed during the George W. Bush administration. The legislation that established this loan guaranty program was approved by a Republican-controlled Congress in 2005 and the records shows that Senator McConnell and other leading Republicans voted for it.

Read this fascinating Washington Post story about the current hypocrisy of Senator McConnell. Is there no end to the foolish lies that will come out of our Congress?

But that was before Obama’s presidency, and views back then were different. They were more like the March 2008 press release from Bush’s Energy Department, announcing that it was funding research projects on photovoltaic technology. ‘These projects are integral to President Bush’s Solar America Initiative, which aims to make solar energy cost-competitive with conventional forms of electricity by 2015,’ the announcement said.

Among the winners listed in the press release? Solyndra.”

Can politicians ever be real? Perhaps if they had only one term to serve they would? Look back at my blog of yesterday!

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1 comment:

  1. At the hearings today, the implication was that DOE did not perform good due diligence. That was a totally erroneous assumption. This has nothing to do with good or bad due diligence. What this is about is that in a 2008 meeting: Lachlan Seward, Matt Rogers & Steve Spinner pointed to a piece of paper and, essentially, said: "these are our friends, they will get money. These are their competitors and our lobbyists competitors, they will not get money." All so-called due-diligence thereafter was purposely non-existant or steered towards those friends and against those competitors. I was there!

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