Posted on 11/20/2011 11:51:38 AM PST by SmithL
President Obama likes to brag that his energy secretary, Steven Chu, won a Nobel Prize in physics. You would think that means that Chu is a brainiac who makes shrewd decisions and is extremely aware of whatever is happening around him. But as his testimony before a House Energy and Commerce subcommittee on Thursday revealed, there's a world of information that escapes Chu's notice.
The subcommittee is investigating Chu's decision to make Fremont solar power company Solyndra the first recipient of a federal energy program loan in September 2009. Two years and $528 million later, Solyndra filed for bankruptcy, and it looks as if taxpayers won't see a dime of it. The Nobel Prize winner's pet pick was a bust.
Thursday was supposed to be Chu's moment to take responsibility for this high-profile bad "bet" - as Obama once put it. Chu did say, "The final decisions on Solyndra were mine." Yet by the end of the hearing, Chu was using the passive voice and putting the onus on other people. As he looked back at the whole thing, Chu said, "decisions were made by people in the loan program," green energy is important and everyone knew "there were risks."
(Excerpt) Read more at sfgate.com ...
>>”decisions were made by people in the loan program,” green energy is important and everyone knew “there were risks.”<<
Translation: solyndra was a big barry the zero backer so I was ordered to award them the contract.
For a supposedly wise scientist he even looks like a dumb ass.
He went along with a corrupt liberal agenda and that proves it.
Either he knowingly diverted half a billion dollars in taxpayer funds into a politically connected venture that was hemorrhaging cash, or he is so incompetent that he has no clue what the department he is supposed to be running is doing. Either way, he should be removed from his position.
It would be nice if we could put Chu in jail till he coughs up the money.
He didn’t do the job he was hired to do and we are out of any chance to get our money back.
Put him in jail and freeze the stockholders assets till we get our money
Now for Kennedy and algore
Poor Chu doesn’t know that green energy is a urban myth
Oh My!!!! A random act of journalism, as Rush would say.
Chu is wise-ass liar and possible ChiCom agent seeking to undermine us via moron greenie energy policies. He has visited ChiCom land often enough. Bammy Boy is a hostile Muslim agent. All in the same vein.
Bammy ever get baptized? No and you can check that out.
So much for the genius in the belljar.
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