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Obama Admin. Pushed Solyndra's Layoffs Announcement Until After Election
Weekly Standard ^ | 11-15-11 | Daniel Halper

Posted on 11/15/2011 9:25:54 AM PST by Driftwood1

The Washington Post reports on newly released emails that reveal "the Obama administration urged officers of the struggling solar company Solyndra to postpone announcing planned layoffs until after the November 2010 midterm elections"

Solyndra’s chief executive warned the Energy Department on Oct. 25, 2010, that he intended to announce worker layoffs Oct. 28. He said he was spurred by numerous calls from reporters and potential investors about rumors the firm was in financial trouble and was planning to lay off workers and close one of its two plants.

But in an Oct. 30, 2010, e-mail, advisers to Solyndra’s primary investor, Argonaut Equity, explain that the Energy Department had strongly urged the company to put off the layoff announcement until Nov. 3. The midterm elections were held Nov. 2, and led to Republicans taking control of the U.S. House of Representatives.

“DOE continues to be cooperative and have indicated that they will fund the November draw on our loan (app. $40 million) but have not committed to December yet,” a Solyndra investor adviser wrote Oct. 30. “They did push very hard for us to hold our announcement of the consolidation to employees and vendors to Nov. 3rd – oddly they didn’t give a reason for that date.”

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


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: 2010elections; emails; obama; solyndra

1 posted on 11/15/2011 9:25:58 AM PST by Driftwood1
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To: Driftwood1
Another smoking gun.

But, I don't expect the Misleadia to notice it.

2 posted on 11/15/2011 9:27:41 AM PST by justlurking (The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
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bttt


3 posted on 11/15/2011 9:27:52 AM PST by Matchett-PI ("A Republican Larry Flynt should wave around $50,000 for proof of sexual harassment at Politico" -RL)
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To: Driftwood1

For far less than this, the libs were screaming ‘impeach’, ‘perpwalk’, and otherwise attacking the Bush Administration and nearly everyone in it.

Why so silent now?

This is beyond disgusting, it is law-breaking and traitorous - those b@&stards have got to go. Preferably to prison, but at least out of DC.


4 posted on 11/15/2011 9:28:53 AM PST by SusaninOhio
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To: SusaninOhio

Is it time yet for the pitchfork crowd to show up in DC?


5 posted on 11/15/2011 9:32:25 AM PST by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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It’s amazing - liberals say this whole Solyndra thing is a “non-issue.”

Hypocrites!!!!!


6 posted on 11/15/2011 9:33:34 AM PST by Driftwood1
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To: Driftwood1

7 posted on 11/15/2011 9:36:10 AM PST by TSgt (whenever any Form of Government becomes destructive...it is the Right of the People to abolish it.)
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To: Driftwood1
..."oddly they didn’t give a reason for that date"...

Nothing odd about it. It's what this anti-American administration has done from day 1. Rape taxpayers, radically transform this country into a marxist cesspool, and pit one American against another.

8 posted on 11/15/2011 9:38:08 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: SusaninOhio
perpwalk

Can you imagine if this was Haliburton?

9 posted on 11/15/2011 9:39:07 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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Look! It's Spam!!!


Click The Spam And Donate

Donate Anyway

10 posted on 11/15/2011 10:00:40 AM PST by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Driftwood1
Energy Department Pushed Solyndra To Wait To Announce Layoffs Until After Midterm Elections
11 posted on 11/15/2011 10:31:14 AM PST by blam
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