Posted on 09/16/2011 8:00:05 PM PDT by Steelfish
Obama Fundraiser Llnked To Loan Program That Aided Solyndra The revelation is likely to spur new inquiries about the solar company's political influence. Separately, California lawmakers seek investigation of a state tax break the firm received.
By Matea Gold and Stuart Pfeifer September 17, 2011
The White House faced mounting political complications as a second top fundraiser for President Obama was linked to a federal loan guarantee program that backed a now-bankrupt Silicon Valley solar energy company, and as two California lawmakers called for investigations of a state tax break granted to the firm.
Steve Spinner, who helped monitor the Energy Department's issuance of $25 billion in government loan guarantees to renewable energy projects, was one of Obama's top fundraisers in 2008 and is raising money for the president's 2012 reelection campaign.
Spinner did not have any role in the selection of applicants for the loan program and, in fact, was recused from the decision to grant a $535-million loan guarantee to Solyndra Inc. because his wife's law firm represented the company, administration officials said Friday.
But Spinner's role as a top official in the Energy Department program, which had not been previously revealed, is likely to spur new inquiries into whether political influence played a role in the handling of the "green" energy fund. Solyndra faces a congressional probe, a criminal investigation and separate internal inquiries at the Energy and Treasury departments.
"This will fuel more questions, and now you've got real people involved at the inspector-general level who will be turning over chairs and cabinets, asking questions," said Stanley Brand, a criminal defense and ethics lawyer in Washington who has served as general counsel to the U.S. House of Representatives.
(Excerpt) Read more at latimes.com ...
That is a dangerous card for the Dims to play.
Nearly every one of them has followed the Obama plan from day one; Obama Care Stimulus I & II, and QE. Now they follow Obama with Pass This Bill Now.
No I dont see it. If they surrender Obama to the Solyndra scandal they pretty much risk loosing everything and by that I mean a rout in November 2012.
They know Obama will spend as much as it takes to when a primary so they may as well back him. They have tied their fate to his since he won in 2010 it is too late to turn back now.
If you believe, as I do, that Zero's goal is to Cloward and Piven the USA into Turd World status, then these perceived failures are in fact some of his greatest successes.
Correct! The best thing the Republicans can do at this point is shut up and hope Obama is the Democrat nominee. When and if he is the nominee, the Republicans can replay scandal after scandal after payoff after payoff and a multitude of crimes.
http://www.youtube.com/watch?v=hnnwJ1rgCnM
It was that “guy” who can’t quite seem to grow a moustache ^^
All this dirty dealing, accusations of a gender-hostile work environment...rumors of "depression"...falling poll numbers...
All very recent and seemingly orchestrated.
Ok, call me crazy.
The list, ping
Let me know if you would like to be on or off the ping list
So is Steve Spinner now the designated fall guy? Inquiring minds want to know.
At least George Bush was smart enough to tell these thieves to go f themselves.
Spot on!
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