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Solyndra gave bright forecasts as it ran out of cash (and Obama was in on the $500 million scam)
reuters ^ | 9/23/2011 | Mark Hosenball and Roberta Rampton

Posted on 09/23/2011 3:25:12 PM PDT by tobyhill

Just before solar panel maker Solyndra scrambled in August to get more cash from private investors and better loan terms from federal bureaucrats, top company officials went on a political road show.

Brian Harrison, Solyndra's CEO who on Friday refused to answer questions posed by a House panel, met in July with congressional Republicans who were skeptical about how much money the Obama administration had sunk into the company's factory. He also met Democrats eager to support clean energy.

"Things were on the upswing, that's what they told me," said Diana DeGette, a Democratic member of the House of Representatives.

"I don't understand how they could paint such a rosy picture to us and then five weeks later be in bankruptcy court," DeGette told reporters.

The CEO's assertions were part of a long pattern of Solyndra putting on a positive face for the public as it struggled to keep its business alive. The rosy scenarios Harrison presented now face intense scrutiny from lawmakers, the FBI and other investigators.

The Solyndra saga also has become a political headache for President Barack Obama, whose administration had showcased the company as an example of how renewable energy programs could create jobs.

(Excerpt) Read more at reuters.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: election2012; kenyanbornmuzzie; moneylaundering; obamasolyndra; obamasolyndragate; solyndra; solyndragate

1 posted on 09/23/2011 3:25:17 PM PDT by tobyhill
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To: tobyhill

...this is sounding like Fannie and Freddie all over again


2 posted on 09/23/2011 3:28:44 PM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

What did Obama know and when did he know it...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com


3 posted on 09/23/2011 3:32:43 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Doogle

We want to know where every dime went?


4 posted on 09/23/2011 3:41:01 PM PDT by doc
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To: tobyhill

“Things were on the upswing, that’s what they told me,” said Diana DeGette, a Democratic member of the House of Representatives.

What I would like to know is how someone so stupid got elected. I do have a piece of the satellite that has not crashed yet and will sell it to her for $5000. Sure it looks like a fender off a 1976 chevy. They gotta be aerodynamic to fly in space!


5 posted on 09/23/2011 3:43:27 PM PDT by mirkwood (obama-the fresh prince of bill ayers (attackwatch))
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To: Nachum

Ya think this may be the excuse to run Hillary?


6 posted on 09/23/2011 3:50:32 PM PDT by Loud Mime (AJM - 1 Mar 1924 - 17 Sept 2010 - - Thanks Dad!)
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To: Loud Mime

A set up?

Ha. Very smooth. Very smooth indeed. And so Klinton.

It sort of fits. They set up Obamsky, double cross him with their own crooks and force him from office so Hillary can run.

Geez. That’s genius.


7 posted on 09/23/2011 3:56:03 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: tobyhill

Obama should be hoping that he doesn’t get reelected because between this and fast and furious, we are well on our way to having EVERYTHING we need to impeach him once we have secured the Senate which seems VERY likely. He should do himself a favor and pull an LBJ but he isn’t that wise.


8 posted on 09/23/2011 3:59:13 PM PDT by RC one (Voting isn't a simple act of civic duty anymore, it's a complex act of civil war.)
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To: Nachum

Clinton’s craft amazed me at times. One thing I was sure of was that he knew Machiavelli’s writings from cover to cover, forward and backward. After learning what they did at Castle Grande I knew that he planned WAYYYY forward and had the patience of the Chinese.

Waco was his “fear me” move - as Machiavelli advised. Darn, I wonder what the Obamanauts are thinking now.


9 posted on 09/23/2011 4:05:48 PM PDT by Loud Mime (AJM - 1 Mar 1924 - 17 Sept 2010 - - Thanks Dad!)
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To: tobyhill

“Things were on the upswing, that’s what they told me,” said Diana DeGette, a Democratic member of the House of Representatives.

“I don’t understand how they could paint such a rosy picture to us and then five weeks later be in bankruptcy court,” DeGette told reporters
.........................................................
Duh!!!!!


10 posted on 09/23/2011 4:11:20 PM PDT by Venturer
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To: RC one

'Embarrassing'


11 posted on 09/23/2011 4:23:51 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: tobyhill

I thought this was the weekend that The White Crib was coming out swinging in defense of Solyndra.....crickets....


12 posted on 09/23/2011 4:27:36 PM PDT by SERKIT ("Blazing Saddles" explains it all......)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks tobyhill.
"Things were on the upswing, that's what they told me," said Diana DeGette, a Democratic member of the House of Representatives. "I don't understand how they could paint such a rosy picture to us and then five weeks later be in bankruptcy court," DeGette told reporters.
Hey, cut 'em some slack, it's not easy laundering almost $600 million for the Criminal in Chief.


13 posted on 09/23/2011 4:35:53 PM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: tobyhill
I'll bet that at least half of the $500mil+ went right into Idi's campaign fund.

Of course, now that Holder's got all the paperwork and computer hard drives, it'll remain a mystery.

14 posted on 09/23/2011 4:51:20 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: tobyhill

I’d like to know if this is being spun as an eeeeevil GOP scheme to trap the almighty Obamination and make him look the villain (that he is)? How long will it be before the press starts discovering “new and surprising” evidence that Solyndra had deep GOP ties?


15 posted on 09/23/2011 5:23:22 PM PDT by Kieri (The Conservatrarian)
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To: doc
We want to know where every dime went?

Switzerland, Cayman Islands, Luxembourg, etc.,etc.,etc.....right alongside the politicians money.

16 posted on 09/23/2011 7:53:21 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Nachum

17 posted on 09/24/2011 8:44:33 AM PDT by GailA (Any congress critter who fails to keep faith with the Military, will NOT keep faith with YOU!)
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To: Nachum
What did Obama know and when did he know it...

Time for the press to quit sitting on their hands...

18 posted on 09/24/2011 8:59:51 AM PDT by GOPJ (126 people were indicted for being terrorists in the last two years. Every one of them was Muslim.)
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To: tobyhill

Ponzie schemes fall apart when they cannot find another stooge. Solyndra went through private investors, Obama, Chu, Biden, Pelosi, the DNC ... now taxpayers are screwed.


19 posted on 09/29/2011 12:09:43 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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