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Old 08-03-2012, 08:57 AM
 
5,787 posts, read 4,737,120 times
Reputation: 853

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Senior Obama Administration officials decided to restructure the government's half-billion-dollar loan to the California solar energy firm Solyndra even after government analysts had concluded it would cost taxpayers far less to allow the company to fail, according to a newly released report on the investigation into the Solyndra matter by House Republicans.



The decision appeared to be made at least in part out of concern with how it would look if Solyndra -- the first recipient of government funds meant to spark growth in the nation's production of cleaner burning fuels -- went bust, according to the report, which quoted extensively from internal administration emails.



"DOE is likely to be very sensitive about optics if it should default," one analyst wrote in an email.


"A meltdown that would likely be very embarrassing for DOE and the Administration," wrote another.


"Solyndra should serve as a cautionary tale on how political pressures and an administration's desire to create political events to highlight its policies can result in poor decision-making," the report says.


READ the full report here.
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Old 08-03-2012, 08:59 AM
 
Location: Chicagoland
41,325 posts, read 45,106,419 times
Reputation: 7118
Documented PROOF the decision to break law and restructure loan went all the way into the WH. And would Daley have let that happen without obama's approval? I don't think so.

And after they were warned by career DOE officials to cut loses to save taxpayer money. The WH refuses and nearly quadrupled taxpayer loss.

Great ad for Mitt.
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Old 08-03-2012, 09:21 AM
 
Location: SF Bay Area
14,317 posts, read 22,479,148 times
Reputation: 18436
Default Who cares? Republicans far worse

Read the full report here? No thank you. It's meaningless compared to disastrous Republican policies.

Bush failed the country, and Republicans were OK with it while it was happening. Enough said.

President Obama is headed for a second term and don't you forget it either.
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Old 08-03-2012, 09:26 AM
 
5,787 posts, read 4,737,120 times
Reputation: 853
Quote:
Originally Posted by A_Lexus View Post
Read the full report here? No thank you. It's meaningless compared to disastrous Republican policies.

Bush failed the country, and Republicans were OK with it while it was happening. Enough said.

President Obama is headed for a second term and don't you forget it either.
I suppose Obama has NOT FAILED?

Yes, he's done a bang-up job with unemployment over 8% for 41 Months straight...the LONGEST stretch on record and 150,000 people dropping from the workforce.

What about that deficit he promised to cut in half?

It was OBAMA style policies (he sued banks to force them to hand out subprime mortgages) that caused the financial crisi in the first place.
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Old 08-03-2012, 10:36 AM
 
Location: On the "Left Coast", somewhere in "the Land of Fruits & Nuts"
8,852 posts, read 10,513,068 times
Reputation: 6671
[quote=A_Lexus;25468604]Read the full report here? No thank you. It's meaningless compared to disastrous Republican policies.

Bush failed the country, and Republicans were OK with it while it was happening. Enough said.

President Obama is headed for a second term and don't you forget it either.[/QUOTE

Judging by their panicky shrillness and the increasing volume of bogus posts by the usual suspects here, I think they're already seeing the handwriting on the wall (or more likely, the tsunami looming on the horizon...)!!
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Old 08-03-2012, 01:39 PM
 
17,421 posts, read 12,061,024 times
Reputation: 16210
Quote:
Originally Posted by A_Lexus View Post
Read the full report here? No thank you. It's meaningless compared to disastrous Republican policies.

Bush failed the country, and Republicans were OK with it while it was happening. Enough said.

President Obama is headed for a second term and don't you forget it either.
Yes sireee, bob. 'Cause you said so, we'll conveniently forget Fast and Furious, huge unemployment, job losses, disastrous debt.

Of course you won't read the report. Because you're in denial that your rock star is imploding. All the "blame Bush" (really? still?) won't change that. But you keep drinking that koolaid, and we'll see you in November.
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Old 08-03-2012, 01:54 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,517,115 times
Reputation: 6465
The writing is on the wall, most definitely, something the administration is staying clear from.

A dying, tanking in the toilet, negative, going no where, awful economy, that Obama does not want to talk about and who blames him, look at this mess.

He is good at taking credit, he also gets the blame.

Heard to day unemployment was at 8.3% that is nothing to be proud of!

When one points the finger, so many times over, he himself is to blame.

Oh yes being known now as a welfare nation, that is not something to be proud of. We have more homeless and more unemployed women then any other time, more homeless families.

I would be running as fast as i can too, if i were Obama.
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Old 08-03-2012, 01:54 PM
 
Location: Tampa Florida
22,229 posts, read 17,930,614 times
Reputation: 4585
Looks to me like the Obama Admin was doing it's best to help the GW Bush Admin Solyndra idea the best possible chances for success. Didn't work out.
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Old 08-03-2012, 01:56 PM
 
Location: Area 51.5
13,887 posts, read 13,737,563 times
Reputation: 9191
Quote:
Originally Posted by A_Lexus View Post
Read the full report here? No thank you. It's meaningless compared to disastrous Republican policies.

Bush failed the country, and Republicans were OK with it while it was happening. Enough said.

President Obama is headed for a second term and don't you forget it either.
You're quite the little commediane, aren't you!

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Old 08-03-2012, 02:12 PM
 
5,787 posts, read 4,737,120 times
Reputation: 853
Quote:
Originally Posted by florida.bob View Post
Looks to me like the Obama Admin was doing it's best to help the GW Bush Admin Solyndra idea the best possible chances for success. Didn't work out.
You mean the same Solyndra that the Bush adminstration's Energy Department refused to fund because it was a bad gamble?

Thanks so much for pointing that out.....Bush's people KNEW a bad investment when they saw it!!
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