In response to:

No More Solyndras? Not Quite

Sharon508 Wrote: Aug 11, 2012 1:16 PM
The last bucket of money was drawn from the well 4 years ago. It's time to get someone with brains to run this country, and not some community organizer that has no idea what those who understand ecnomics are warning him about economics are even talking about! Those in Congress have to take the blinders off and stop being afraid to vote sensibly and not by party.

Last week, the House Energy and Commerce Committee passed the “No More Solyndras Act.” As Taxpayers for Common Sense notes, however, the bill should probably be called the “More Solyndras Act” because it would still allow the Department of Energy to approve loan guarantee applications that were submitted by Dec. 31, 2011.

Today the House Energy and Commerce Committee passed the so-called “No More Solyndras Act.” While the bill includes some taxpayer protections, it does not go far enough to ensure the Department of Energy (DOE) Loan Guarantee Program does not lose more on defaulted loans...