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Inspector General Says Solyndra "Rushed"

PatrickHenryThunder_2 Wrote: Apr 06, 2012 12:22 AM
John Adams - "Fear is the foundation of most governments; but it is so sordid and brutal a passion, and renders men in whose breasts it predominates so stupid and miserable" Check out the website below: Sign up for the Newsletter! Thanks.

New information about the approval process for the $535 million Department of Energy loan to the failed California solar energy company Solyndra contrasts sharply with the sworn testimony of Energy Secretary Stephen Chu last November to Congress.  

Chu told a House Committee, "I want to be clear: Over the course of Solyndra's loan guarantee, I did not make any decision based on political decisions."  According to a story published overnight, White House politics was at the center of a "rushed" one day approval of the loan. 

"The Treasury Department's review of Solyndra's $535 million federal loan guarantee...

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