House members probe $535-million loan guarantee by Obama Energy Dept. for Solyndra solar plant

Los Angeles Times ^ | February 23, 2011 | Andrew Malcolm

[Puzzleman]

Here's a sad and revealing chronology about a U.S. president named Obama, a California company named Solyndra and, now, a congressional investigation into the administration's loan guarantee of $535 million in a failed green energy project that was supposed to create jobs.

But it didn't...

[Puzzleman]

This stuff just keeps piling up.

[org.whodat]

Many people need to go to jail for this crap, this government has no business loaning money to crooks that have no skin in the game.

[doodad]

Ditto for Range Energy down here that was supposed to process pulp wood into ethanol. Millions for nothing.

[Eric in the Ozarks]

Meanwhile, Obumma’s printing presses spin out more worthless greenbacks which help debase the value of our currency. $5 gasoline here we come.

[2001convSVT]

$5 + Gas is right, time to get out the motorcycle.

[steelyourfaith]

 

Beam me to Planet Gore !

[circlecity]

This was nothing more than a payoff. A half a billion dollar payoff.

[LibLieSlayer]

Yep... Wiggins, Mississippi got screwed on a wood pellet scam.

LLS

[LibLieSlayer]

I’ll buy the rope!

LLS

[SonOfDarkSkies]

Yep...and I wonder how much of it was diverted to an offshore account in Obama’s name.

[digger48]

Any recent info on ABOUND? Another start-up “green” company.

They got $400 million. $300 million of that is supposed to be spent here in IN on a new solar panel plant after they spend the other $100M on their existing plant in Colorado.

Private investors already bought the building for them, but I’m really doubting there will ever be a single panel built there.

[Roccus]

Many people need to go to jail for this crap, this government has no business loaning money to crooks that have no skin in the game.

BWAHAHAHAHAHAHAHAHAHAHAHA!!!

[verity]

"I’ll buy the rope!"

There is a sale on rope at Home Depot. ;-)

BTW, are business matters improving for you?

[hal ogen]

Bwahahahahahahahahahahaha! and Bwahahahahahahahahahahahaha!

[Roccus]

It was only worth one breath to me. ;)

[kittymyrib]

We hear about the evil conservative billionaire Koch brothers every day in the Leftist press....even though they are not feeding at the government trough. This is the first we’ve heard of billionaire George Kaiser, an Obama fund bundler, who got a half BILLION dollar loan from BO’s porkulus bill. Rush, Hannity et al should make sure Kaiser and his green boondoggle get some exposure.