Solyndra-gate now has 0bama's prints all over it. $535 Million American TAX dollars thrown away, just like the $2 Billion ($200 Million per day for 10 days) that 0bama spent on that vacation not too long ago...This all on top of the $4 Trillion 0bama has spent in the first 2 years of his illegitimate Presidency... He will never stop spending other peoples money.
"Solyndra was a favorite of the administration until two weeks ago, when the company abruptly shuttered its factory and filed for bankruptcy court protection, leaving 1,100 people out of work and taxpayers on the hook for the loans. Last week, FBI agents searched the company’s Silicon Valley headquarters in a raid that Miller said appeared linked to the loan guarantee.
In one e-mail, an assistant to Rahm Emanuel, then White House chief of staff, wrote on Aug. 31, 2009, to OMB about the upcoming Biden announcement on Solyndra and asked whether “there is anything we can help speed along on OMB side.”
An OMB staff member responded: “I would prefer that this announcement be postponed. .?.?. This is the first loan guarantee and we should have full review with all hands on deck to make sure we get it right.”
In another message, a White House staff member wrote that officials were “walking a fine line with Solyndra needing to begin notifying investors to fly in” for the groundbreaking. It stressed that “this OMB piece” of the review was not final and pointed out that if word of the groundbreaking leaked to the public prematurely, that would “leave us in an awkward place.”
The e-mails also raise questions about whether the administration should have foreseen financial trouble. In August 2009, e-mail exchanges between Energy Department staff members pointed out that a credit-rating agency predicted that the project would run out of cash in September 2011. Solyndra shut its doors on the final day of August.
Notice that last line -- Solyndra went bankrupt right on time."
