It’s always about Obama and screw the taxpayers!
This whole “green energy” movement is another Liberal fraud. It can’t replace the bang we get from fossil fuels. It’s too expensive and inefficient to be economically viable in the 21st century. But, that doesn’t stop Libs, who hate the use of oil and coal, from still trying to ram the use of windmills and solar panels down our throats anyway.
Daily Caller
The Obama administration was worried about the financial health of a troubled solar energy company even as officials publicly declared the company in good shape, newly released emails show.
An email from a White House budget official to a co-worker discussed the likely effect of a default by Solyndra Inc. on President Barack Obama’s re-election campaign.
“The optics of a Solyndra default will be bad,” an official from the Office of Management and Budget wrote in a Jan. 31 email to a senior OMB official. “The timing will likely coincide with the 2012 campaign season heating up.”
The email, released by the House Energy and Commerce Committee as part of its investigation into a half-billion dollar federal loan to Solyndra, said the budget official wanted White House budget director Jacob Lew to warn Energy Secretary Steven Chu about the risk posed by Solyndra, which was once the poster child for the Obama administration’s clean energy program but by early this year was teetering on collapse.
At the time of the email, the Energy Department was pushing to release an additional $67 million to Solyndra. The Fremont, Calif.-based solar panel maker received a total of $528 million in federal loans before declaring bankruptcy Aug. 31 and laying off 1,100 workers.
More here
I think Libs deep down know that this technology doesn’t work. But, that doesn’t stop them from lining their pockets with taxpayers money in the name of “going green”.
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