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Adventures in Crony Capitalism

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Author Topic: Adventures in Crony Capitalism  (Read 2330 times)
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Howey
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« Reply #15 on: February 18, 2012, 12:43:12 pm »

Solyndra didn’t stick and this one won’t either.  The MSM just won’t cover these kind of stories when they are still trying to get Obama re-elected.  But I know the administration is crooked.  You of course, don’t care.


I'm sure if the administration was "crooked", Issa's gang of bums would have been able to dig up something, anything on Solyndra, huh?
Quote
One year ago today, Reps. Fred Upton (R-Mich.) and Cliff Stearns (R-Fla.) — chairs of the House Energy Committee and Oversight Subcommittee respectively — sent a letter to Energy Secretary Steven Chu “seeking documents and information about a $535 million loan guarantee … awarded to Solyndra, Inc.”

That letter marked the beginning of an investigation that has since involved 31 more congressional letters, five congressional committee hearings, nine congressional committee staff briefings, 187,000 pages of documents from the administration, 72,000 pages of documents from Solyndra investors, testimony from five administration officials from three different departments, and a sworn committee interview with an Obama “bundler.

What are the results of this expansive (and no doubt expensive) investigation?

Bupkis. Nothing.

The Solyndra loan appears today, as it appeared a year ago, a decision made based on merits, undone by economic shifts in the international solar market, with embarrassing political optics. There has been no evidence of wrongdoing. There is no “scandal.”

I guess you're going to move on to Tonopah Solar Energy now, right?
« Last Edit: February 18, 2012, 05:45:45 pm by Howey » Report Spam   Logged


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