Green Firm's Big Scam

Sep 23, 2011
Reps. Blackburn, Andrews weigh in on Solyndra hearing, green jobs funding

Top Obama Bundler & Solyndra Investor George Kaiser Boasts of Cashing in On Stimulus Funds

Obama Bundler George Kaiser (Kaiser family foundtaion, billionaire investor) in 2009 said: "It's Time to Cash in on the Mother of All Government Handouts"

“It’s Time to Cash in on the Mother of All Government Handouts.” Cashing in on government handouts???

What did Oba,a know and when did he know it?

Issa wants to know ... Darrell Issa to probe government loan programs after Solyndra collapse



It will be some time ...

Emails: Obama White House Monitored Huge Loan to ‘Connected’ Firm

The danger of giving people with low character lots of money to spread around among friends. In the end you find out what trust means.

Show me where in the Constitution it says the President making loans to your big donor buddies is good for America?

And then it goes bust and you just saying "risky business". Did you ever think their is no viable commercial business in solar cell anything? Spain got 20% unemployment for their investments in non-viable green energy. We are proving Spain right about their wasteful boondoggle. Solar energy coasts from 10x to 20x coal generated electricity.

By MATTHEW MOSK, BRIAN ROSS (@brianross) , and RONNIE GREENE

ABC NEWS and iWATCH NEWS

Sept. 13, 2011

Newly uncovered emails show the White House closely monitored the Energy Department’s deliberations over a $535 million government loan to Solyndra, the politically-connected solar energy firm that recently went bankrupt and is now the subject of a criminal investigation.

The company’s solar panel factory was heralded as a centerpiece of the president’s green energy plan — billed as a way to jump start a promising new industry. And internal emails uncovered by investigators for the House Energy and Commerce Committee that were shared exclusively with ABC News show the Obama administration was keenly monitoring the progress of the loan, even as analysts were voicing serious concerns about the risk involved. “This deal is NOT ready for prime time,” one White House budget analyst wrote in a March 10, 2009 email, nine days before the administration formally announced the loan.

“If you guys think this is a bad idea, I need to unwind the W[est] W[ing] QUICKLY,” wrote Ronald A. Klain, who was chief of staff to Vice President Joe Biden, in another email sent March 7, 2009. The “West Wing” is the portion of the White House complex that holds the offices of the president and his top staffers. Klain declined comment to ABC News.
Beginning in March, ABC News, in partnership with the Center for Public Integrity’s iWatch News, was first to report on simmering questions about the role political influence may have played in Solyndra’s selection as the Obama administration’s first loan guarantee recipient. Federal auditors had flagged the loan, saying some applicants had benefitted from special treatment.

ABC News: Solar Scandal Threatens to Engulf White House, Impact Election

 

On the 'Factor' , ABC News' Investigative Reporter Brian Ross was interviewed about the emerging Solyndra bankruptcy scandal. Ross claims that the scandal goes 'right through to the door of the White House' with White House officials being 'pressured' to move up the timing of the loan despite pushback from budget analysts. Ross was stunned to learn how earlier in the year the White House became aware of the companies impending bankruptcy yet continued to downplay this potential risk to the public.

When asked about the White House connection, Ross talks about a major Obama fundraiser and investor in Solyndra, George Kaiser, a man who had visited the White House during the loan consideration period, meeting with aides such as Valerie Jarrett and Pete Rouse.

Ross ends the interview with his belief that the scandal is something the American public 'will be hearing about all the way through next November''