Posted on 09/13/2011 6:11:45 PM PDT by MissesBush
Newly uncovered emails show the White House closely monitored the Energy Department's deliberations over a $535 million government loan to Solyndra, the politically-connected solar energy firm that recently went bankrupt and is now the subject of a criminal investigation.
The company's solar panel factory was heralded as a centerpiece of the president's green energy plan -- billed as a way to jump start a promising new industry. And internal emails uncovered by investigators for the House Energy and Commerce Committee that were shared exclusively with ABC News show the Obama administration was keenly monitoring the progress of the loan, even as analysts were voicing serious concerns about the risk involved. "This deal is NOT ready for prime time," one White House budget analyst wrote in a March 10, 2009 email, nine days before the administration formally announced the loan.
"If you guys think this is a bad idea, I need to unwind the W[est] W[ing] QUICKLY," wrote Ronald A. Klain, who was chief of staff to Vice President Joe Biden, in another email sent March 7, 2009. The "West Wing" is the portion of the White House complex that holds the offices of the president and his top staffers. Klain declined comment to ABC News.
Beginning in March, ABC News, in partnership with the Center for Public Integrity's iWatch News, was first to report on simmering questions about the role political influence may have played in Solyndra's selection as the Obama administration's first loan guarantee recipient. Federal auditors had flagged the loan, saying some applicants had benefitted from special treatment.
The emails were uncovered by investigators for the House Energy and Commerce Committee, which will hold hearings on the Solyndra loan Wednesday.
(Excerpt) Read more at abcnews.go.com ...
Dont kid yourself, the only email they report is one that they second guess the loan.
Nothing to see here. Move along, move along.
Please refer to a far, far more severe felony - erasing 7 minutes of tape.
Pretty hard to hide “everything” these days...Perhaps Obama should have called in an expert...Mr. Burgler himself...PANTS!!!
The media knows Obama is DOA for ‘12. So they need to take him out on a scandal (and insert Clinton) before it’s not too late.
I actually think that makes this situation worse, that there were red flags various officials recognized and called attention to yet Obama went full steam ahead to push the loan for this loser company.
I actually think that makes this situation worse, that there were red flags various officials recognized and called attention to yet Obama went full steam ahead to push the loan for this loser company.
...Means, "I dinit do nuttin"!!!
Yeah, this is surprising.
MissesBush wrote:
Knock me over with a feather---the media is actually covering an Obama scandal.
It probably means that the FBI has every "smoking gun" document locked up in an "ongoing active investigation" and is shredding or incinerating anything they found.
The Won and his minions have obviously told the Propaganda Ministry that they can cover this. There's no evidence left for Issa or Upton or any other Congressional committee to see.
And the MSM Gergan/Maddow defend Obama by bashing the tea party!Fast and Furious and now this.Imagine this and fast under Bush; it would have the media calling for heads so why they got in the huffy over the ‘Bernake ‘treason’ thing is beyond me. How many times did the say treason and Bush?
The point was dont get excited that media is reporting this...the only email they reported showed a hesitation to do it.
Obamunist bump for later.........
Bump
Hilarious, since it's neither.
FYI ping.
Don’t be so quick to assume the MSM will be protecting Obama here. There’s a big chunk of it that wants to Move On to Hillary. How convenient it would be to avoid the primary fight...
Crony captialism! I would love to nail every single politicans who gets money from corporations or wealth individauls like Soros and then funnels money back to them in policy and leglislation. It’s called conflict of interest and we need to make them shake in their boots when they want to pay back their money bunnies with the US Treasury.
No doubt.
Does anyone know what the justification is for a 'criminal investigation'? Companies go bankrupt every day. Not all get the full fledged interest of the FBI and the Justice Department. I too smell a skunk.
Hilary already says no. Obama is on his own.
It's not really a scandal until they put the GATE suffix at the end. So, what do we call this one:
SolarGate
SolyndraGate
SunGate
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