[mandaladon]

"Here's the bottom line," Lynch said. "It costs them $6 to make a unit. They're selling it for $3. In order to be competitive today, they have to sell it for between $1.5 and $2. That is not a viable business plan." *******************How stupid can the Obama experts be????

[ken5050]

It’s the old Amazon business plan..Lose $$ on every sale..make it up on volume..

[ken21]

chicago thugs in action.

[Newton]

*******************How stupid can the Obama experts be????

I haven't decided who is dumber - obozo and his "experts" or the morons that voted for him in the first place.

[Zuben Elgenubi]

I’m still waiting to find out who hired Greg Livingstone.

[Michael.SF.]

The allegation surfaced in a letter House Energy Committee Chairman Fred Upton (R-Mich.) sent to the White House Thursday night

The WH has been dodging this one for several months:

OMB Role in loans

[Obadiah]

Okay, so now we have this from ABC "News" and the gun runner story in the LA Times today.

Let me guess. This is FRIDAY before Labor Day and we are witnessing a big document/story dump, right?

This way the corrupt MSM can claim they "reported" all this information and the administration can dump all the bad news too. What's next?

[Linda Frances]

Why is ABC investigating the White House? They cover for the democrats & don’t investigate. I don’t trust these people. As usual this will come out that no one did anything illegal, just stupid. I think they are trying to divert our attention away from something that is really big.

[Linda Frances]

On second thought, I think they know Obama will lose the election & is going to “tell all” so he won't run or will have a primary challenger (Hillary).

[Shannon]

*How stupid can the Obama experts be????

Very stupid! This what happens when you have a pres and people surrounding him with NO business experience.

Make a part for $6 and sell it for $3??? Geez, a worker in a 7-11 would have known this company was going to fail. Yet people in the administration couldn't figure this out.

[Oldeconomybuyer]

Solyndra "was ... a company whose key investor was George Kaiser, an Oklahoma billionaire who raised more than $50,000 for Obama's 2008 presidential campaign. Since May, Kaiser has declined interview requests."

ABC News: http://abcnews.go.com/Blotter/solyndra-investigation-probe-white-house-role-massive-energy/story?id=14434588

[org.whodat]

How much was the executives pay and bonuses. Nothing more than high tech stealing of tax payers money.

[Common Sense 101]

“It costs them $6 to make a unit. They’re selling it for $3.

Given the skid mark’s knowledge of basic economics, he was convinced that they would make up the difference in volume...

[6ppc]

Follow the money. The rats got back about 1% in campaign donations.

[mad_as_he$$]

One of the owners (George Kaiser) of the company is an Oklahoma guy worth billions that bundled $50k for 0 in the last election. Coincidence? I think not.

http://www.humanevents.com/article.php?id=45904&keywords=Solyndra

[2banana]

1. Where exactly did the 1/2 Billion dollars go?
2. How much did the CEO and board pay themselves?
3. How much money was funneled BACK to the obama and the democrat party?
4. How could a company that got over 1/2 Billion dollars go bankrupt in just 18 months?
5. Is this Hope and Change?

[penelopesire]

CHICAGO WAY PING!

[proudpapa]

How much of the $535 million made it’s way back into the coffers of democrats running for office?

[opentalk]

There is so much corruption. The ATF scandal is an example. The are no actions other than reports written.

No accountability, When millions in stimulus went to fake zip codes; early in this administration; no investigation, it was an indication of more to come.

Issa can investigate and investigate, it becomes a show to appease us. Geithner and Tarp, Holder and Panthers, Gun Walker and Obama....

[thouworm]

Liz: See you have been pinged, but see post 12 and 19-—and thread below [linking to an ABC article from May 24, 2011].

Did Obama Administration Cut Corners For a Green Energy Company? (Solyndra)
ABC News & iWatch ^ | May 24, 2011 | By MATTHEW MOSK and RONNIE GREENE

Posted on Friday, September 02, 2011 9:34:54 AM by newzjunkey

The Obama administration bypassed procedural steps meant to protect taxpayers as it hurried to approve an energy loan guarantee to a politically-connected California solar power startup, ABC News and the Center for Public Integrity’s iWatch News have learned …

The Energy Department in March 2009 announced its intention to award Solyndra Inc. a $535 million loan guarantee before receiving final copies of outside reviews typically used to vet such deals. ...

http://www.freerepublic.com/focus/f-news/2772565/posts

[AEMILIUS PAULUS]

Do not forget that this recent bankruptcy is one of three "Green" companies who went under in the last 3 to 4 months. One I remember as being in Massachusetts. The State ostensibly was the party paying, though I'll bet the Fed taxpayer was the poor slob left holding the bag.

Trace the funds-Washington to the "Green" company, from the "Green" company to the Democratic party.