Posted on 10/10/2011 6:09:08 PM PDT by george76
Happy Monday, Obama administration. According to a new tranche of emails obtained by ABC News, the political wreckage of the Solyndra scandal could get significantly more grisly before all is said and done. In one particularly incriminating note, a staffer at the White House's Office of Management and Budget candidly frets that "bad days" lie ahead :
Emails released earlier this month show that at least one official of the Office of Management and Budget worried that Solyndra was just the tip of the iceberg when it came to ill-conceived government loans to green energy companies. “(W)hat’s terrifying is that after looking at some of the ones that came next, this one [Solyndra] started to look better,” the official emailed. “Bad days are coming.”
Rep. Darrell Issa, R-Calif., chair of the House Committee on Oversight and Government on October 7 wrote to Energy Secretary Dr. Steven Chu to see just what other problematic loans might exist. Specifically, Issa is seeking “additional information regarding the loans approved on the final day of the program,” ones made to First Solar Inc, SunPower Corp., and ProLogis Inc.
The questions clearly suggest the concern that the Department of Energy officials in charge of the loan program did not conduct due diligence before sending billions in loan guarantees out the door — a concern that seems to have been shared by officials of the Department of Management and Budget.
...
Obama's vision helps explain why even more hefty federal loans continue to fly out the door -- despite internal and external due diligence worries -- to politically-connected "green" companies, including one with substantial ties to Nancy Pelosi's brother-in-law.
(Excerpt) Read more at townhall.com ...
Of that I have no doubt.
I want Pelosi run out of town on her own broom (strategically placed)
We’re quickly learning what Barry REALLY meant when he was talking about “green” jobs.
Issa for Pres!
IMPEACH OBAMA. Expose him for the fraud he is. He is absolutely out of control and has America on the fast track to insolvency.
The left talks about how bad the evil banks are for making bad loans and over looks what the WH is doing with our money......Oh the hypocrisy of it all
It’s Pelosi, Reid, Ellison, Durban, Frank, Waters,McCain, Schumer, Conyers, Graham, and many, many more as well, who need ‘run out of town.’
These people are criminals with the willful mismanagement of taxpayer money.
So the new meme will be “See, Solyndra wasn’t so bad! But good luck finding the other crapola we buried.”
WHAT THE HELL, it’s just the taxpayer’s money. WHO CARES?
It’s not like THEY have any skin in the game to lose sleep over.
Besides, what’s a few billion dollars, compared to the GLORY OF OBAMA, the lord and master?
We may be talking the biggest level of potential financial embezzlement since William Magear “Boss” Tweed ran the Tammany Society of New York City between 1858 and 1871—ouch!
Shredders and magnets working overtime!
According to Forbes, the Toronto Maple Leafs are the most valuable team in the NHL at $505 million. The US government just blew even more than the whold Maple Leaf team on a loan to one lousy company. Even if there was no illegality, the cavalier attitude toward taxpayer money is disgusting.
These people are criminals with the willful mismanagement of taxpayer money.
Of course, I'm completely against the government just giving tax payer money away like this, but this example shows just how corrupt this administration is.
Mark
Do tell...
and, they “con-veen-iently” (best church lady accent) forget that the leftists in Congress forced the banks to make all those lousy loans, including Bawney Fwank, whose lover of the moment worked or either Fanny or Freddie.
Forget which one, and what position, but was a higher-up.
I dont want him impeached, that pretends that he has a right to be a president. The guy is a Marxist imposter and needs to be put in prison for life.
If he is removed from the presidency as a criminal imposter every law he signed into effect becomes null and void.
If we continue to pretend he is president and impeach him it will take decades to unravel his very concerted efforts to destroy this country.
Pelosi needs to be brought up in trial as a Traitor along with Barny Frank for their aiding and abeting this Marxist takeover by a Muslim in a time of war with Islam. All players in this game need to get Justice served, with prison for them all.
He probably realizes he’s a one-termer, so he’s doing all he can to put us into National Bankruptcy before he leaves!
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