What happened to half billion dollars of taxpayers’ money?
Why did Obama White House push so hard for loans for a solar company that would go out of business in less that a year?
What did President Obama know and when did he know it?
These are the questions that need to be answered concerning a growing scandal that can possibly topple the Obmaa regime. Owner/operators of company that built solar panels, Solyndra, contributed very heavily to Barack Obama’s campaign for president. They were award half billion dollars of taxpayer money and the company goes belly up.
Where did all that money go, BaracK?
The Washington Post
The Obama White House tried to rush federal reviewers for a decision on a nearly half-billion-dollar loan to the solar-panel manufacturer Solyndra so Vice President Biden could announce the approval at a September 2009 groundbreaking for the company’s factory, newly obtained e-mails show.
The Silicon Valley company, a centerpiece in President Obama’s initiative to develop clean energy technologies, had been tentatively approved for the loan by the Energy Department but was awaiting a final financial review by the Office of Management and Budget.
The August 2009 e-mails, released exclusively to The Washington Post, show White House officials repeatedly asking OMB reviewers when they would be able to decide on the federal loan and noting a looming press event at which they planned to announce the deal. In response, OMB officials expressed concern that they were being rushed to approve the company’s project without adequate time to assess the risk to taxpayers, according to information provided by Republican congressional investigators.
More hee
Memeorandum
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