The Obama administration's crony green subsidy scandal is erupting like a solar flare in Washington. But do you know what your kids are learning in their environmental education classes about this red-hot taxpayer eco-scam? Chances are: not much.
As the graphic represents, the DOE is busy processing nine more applications totaling $6.5 billion. As the chart shows, just 283 permanent jobs would result –at an average of nearly $23 million per job.
Delaware’s political establishment thinks First State electricity consumers should subsidize the manufacturing of super-sized fuel cells, under the auspices of California-based Bloom Energy, to replace natural gas and coal-fired power plants in generating electricity.
Forget about Dancing with the Stars. If Americans want to see some really fancy footwork, just watch the senior members of the Obama Administration as they do the hokey pokey. The President is, perhaps, the greatest dancer of all as he constantly talks about his policy goals, waves it all about, only to take it all back as he turns himself around
Turns out there's a lot of money to go around when a company gets a taxpayer loan. Congressional campaigns, governor campaigns and yes, even presidents get a rebate when loans are made.
A second witness has now come forward, as well. Anthony Russo, director of the National Coordination Office for Space-Based Positioning, Navigation, and Timing told The Daily Beast, that the White House pushed him to alter his testimony to say that "the government's concerns about the project by the firm LightSquared could be resolved in 90 days."
When Solyndra went belly up last month, less than a year after it started making solar arrays in Fremont, Calif., an Energy Department spokesman insisted that the $535 million the federal government had loaned the company was well spent. "The project that we supported succeeded," he said. "The facility was producing the product it said it would produce."
An investigation by the Energy and Commerce Committee has revealed that, for political reasons, the White House rushed a $528 billion federal loan to solar firm Solyndra, which went bankrupt two weeks ago. Taxpayers should be outraged.
It’s no wonder that Pew Research Center found that 86 percent of Americans are either frustrated or angry with the federal government. Solyndra gives them 535 million more reasons. You’d think someone would have the common decency to apologize. Don’t hold you’re your breath waiting for one. The reaction from all the players ranges from defensive to offensive, from cavalier to incredible. No responsibility. No display of remorse.
Texas Gov. Rick Perry is getting hammered because he signed an order requiring that sixth-graders be vaccinated against the HPV virus in 2007.
"If you love me, you've got to help me pass this bill."
In February, the administration renegotiated with Solyndra’s billionaire investor- remember the one who was also a big contributor to the Obama campaign?- as the company was failing. That deal allowed billionaire George Kaiser’s foundation to jump ahead of the American taxpayers for all but $150 million of the government’s $527 million loan in any company bankruptcy. Oh, and it’s a transaction that also happens to be illegal.
Emails obtained by investigators for the House Energy and Commerce Committee and released to ABC News demonstrate how deeply involved the White House was at the highest levels in fast-tracking the approval of the politically well connected start-up in direct conflict with numerous private as well as government warnings that the survival of the company was very doubtful.
The House Energy Committee has been investigating the loan for months. Sources with knowledge of the intentions of the House Energy Committee have said that the investigation into Solyndra has been the committee’s “number one priority” since February of 2011. Their focus shows that they believe some level of wrong-doing was committed high up in the administration in regard to the loans.
The demise of Solyndra has already sparked an FBI investigation, congressional hearings, and raised numerous questions of political cronyism and corruption connected to the highest levels of the Obama Administration. Highest levels.