Bully Pulpit
Solyndra Scandal Ends Green Jobs Myth "...in January the Administration was essentially letting the 2012 campaign dictate decisions on the federal government’s financial involvement with Solyndra. They were not responding to normal profit-and-loss signals, as they should. Had Energy Department bureaucrats been investing their own money, they might have been more careful. But it was others’ money — taxpayers’ money — at stake. Self-interested investors, who naturally weed out bad investments, were wholly absent. The result: Taxpayers are likely to lose up to $535 million, while the people who made the decision to throw money at Solyndra have, so far, been completely insulated from reprisal." Emphasis added.
More here.
Solyndra Scandal Hits Obama White House "But while this ought to be an abject embarrassment for the dirigistes in the Obama administration, there’s a much bigger story behind the Solyndra scandal. It involves a concerted effort by White House officials to improperly rush the Solyndra loan decision for political reasons."
This article references postings in Judicial Watch.
Solyndra Scandal Ends Green Jobs Myth "...in January the Administration was essentially letting the 2012 campaign dictate decisions on the federal government’s financial involvement with Solyndra. They were not responding to normal profit-and-loss signals, as they should. Had Energy Department bureaucrats been investing their own money, they might have been more careful. But it was others’ money — taxpayers’ money — at stake. Self-interested investors, who naturally weed out bad investments, were wholly absent. The result: Taxpayers are likely to lose up to $535 million, while the people who made the decision to throw money at Solyndra have, so far, been completely insulated from reprisal." Emphasis added.
More here.
Solyndra Scandal Hits Obama White House "But while this ought to be an abject embarrassment for the dirigistes in the Obama administration, there’s a much bigger story behind the Solyndra scandal. It involves a concerted effort by White House officials to improperly rush the Solyndra loan decision for political reasons."
This article references postings in Judicial Watch.
Rahm Emanuel: Solyndra? Never Heard of It "With the White House facing a possible criminal investigation over the Solyndra scandal, look for more and more current and former members of the Obama administration to go full blown Sgt. Schultz." Michelle Malkin
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