Wednesday, October 05, 2011

Solyndra e-mails: Dept. of Energy was poised to approve ***SECOND*** $469 million for Solyndra

WaPo

The Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.

The Energy Department was actively pushing to provide the second loan guarantee to the troubled solar-panel manufacturer in April and May 2010, when Solyndra’s auditors warned the company was in danger of closing due to its rapidly mounting debts and expenses, according to complete e-mails just released by a House committee investigating the original loan.


And people think W was stupid?

3 comments:

cjk said...

Take this horseshit and multiply it by about a thousand and you got the whole stinkulous package in a nutshell.

Always On Watch said...

For God's sake!

Why is Obama still in office? At the least, he's incompetent.

Anonymous said...

Because he's a Dumb-ocrat favored by the leftist media. Thar's all they need to know.


Silverlady