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Keyword: 20090112

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  • Solyndra Pestered Bush Administration Over Delays in Approving Federal Loan, Emails Show

    09/16/2011 7:36:05 PM PDT · by Kaslin · 33 replies
    Fox News ^ | September 16, 2011 | Ed Henry
    WASHINGTON -- Solyndra officials were intensely pressuring Bush administration officials in early January 2009 to approve a government loan for the solar company before the Obama administration took power, according to new emails obtained by Fox News on Friday. On Jan. 12, 2009, Solyndra CEO Chris Gronet sent an Energy Department official an email marked "urgent" expressing outrage that Bush officials had decided a few days earlier that while the loan application had "merit" it needed further study before officials could move forward with a taxpayer-financed loan. "I was appalled to learn on Friday that our application is being delayed...
  • More Fright-peddling, More Bailouts

    01/20/2009 9:33:48 AM PST · by Coleus · 3 replies · 223+ views
    thenewamerican ^ | William F. Jasper
    Round two of the economic crime of the century has begun. On January 12, Lawrence Summers, President Obama's designee to become director of his National Economic Council, sent a letter to congressional majority and minority leaders seeking the second half of the $750 billion approved by Congress last October.   Citing Obama's economic speech of January 8, Summers wrote: "As the President-elect recently stated, 'we start 2009 in the midst of a crisis unlike any other we have seen in our lifetime.'" As you no doubt recall, last September Congress, fearing the wrath of constituents, rejected a bailout scheme put together...