SOLYNDRA e-mails: Obama admin was poised to approve another loan of $469 million

Posted on October 5, 2011 by Conservative Byte

The Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.

The Energy Department was actively pushing to provide the second loan guarantee to the troubled solar-panel manufacturer in April and May 2010, when Solyndra’s auditors warned the company was in danger of closing due to its rapidly mounting debts and expenses, according to complete e-mails just released by a House committee investigating the original loan.

Continue Reading on www.washingtonpost.com ...

Posting Policy
We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse. Read more.
  • juan

    Aw spend it on your campaign Obama. Either way it’s a total loss to the taxpayers. You’ve got roughly one more year to suck up all the money in existence and then you’re outta there!

    • lionel ducote

      juan willians you ain’t, hurray for that. and you are correct.

    • Davidgoodboy

      Be careful! There are already left wingers in government trying to set the stage to stop elections “for a while” – until they can get things in place that are “in our best interests” Then, after a while, they’ll allow elections is they see fit to allow them….HELL, obuma, himself, has said he would like to be dictator to a crowd of adoring (probably illegal) hispanics. Know what you are facing. They have said repeatedly, that they are going to take over and would not stop for anything. Protect your family and don’t let Political Correctness cow you into submission. REMEMBER, THE SYMBOL OF THE democrat PARTY IS A JACKASS (and many a soul has been hurt by a mindless kick)

  • Git Clean

    Will someone please answer the question Why China
    is willing to spend 30 Billion with a B subsidising
    their solar industry

    • Mike

      Actually, they are drilling all over the world, building dozens of coal plants in their country. They have all our money and cheap labor, so they will subsidize their energy needs with the green technology. They have realized they will need huge amounts of energy to overtake the US and they are doing something about it.

    • Mark

      Maybe it’s because they actually have it….

    • Mark111

      If one looks at how much they are spending on coal-fired and nuclear plants, the money spent on solar pales by comparison. Basically, it is a marketing ploy in my opinion. Look at how much the media hypes that China is beating us in renewables yet fails to mention they are also beating us in nuclear using technology turned over by US and other firms wanting to do business in China.

  • Terry B

    I think it would be a good idea for us to Impeach this criminal then sue him for all the money he has stolen from the American taxpayers and business!
    If he can’t produce – take it out of his stinking Marxist hide – with a life sentence to a maximum security prison and make sure he does hard time!

    Let him experience all these “Police State “, Penetentaries he wants in operation for a military industrial complex and make sure he has to associate with all of the worst criminals! Let us see how long he lasts?

    • Dave Langdon

      We have a nice little prison in Cuba that he might like

      • Proud Tea Partier

        I always knew there was a reason to keep Gitmo open! It’s for the administration, ALL of them, including the czars!!

        • Peggy

          I totally agree Proud Tea Partier!! I say lets”head em up, move em out”!! Give em 50 lashes & see if they have “Rawhide” like they think we do! Beating us to death with TAXES!!!!

    • Davidgoodboy

      I wonder if obuma wouldn’t like to be locked up with all men. Haven’t you noticed he and michelle the mooch take separate vacations, even if they go to the same place, they take separate taxpayer paid for planes.

  • pacamomma

    If this isnt an impeachable offense, i dont know what is. Of course he needs to be legal before he can be impeached.

  • corgiacres

    The hits just keep on coming! How long will it take the “I love Obama” crowd to really wake up and face reality?

  • Sanderson

    Why isn’t this being reported in the main-stream media? OR, how about if the GOP candidates start clobbering BHO, instead of each other all the time. Go after BHO!

  • karl

    Will someone ask the question…Why did Obama’s dog have to fly to their vacation in New England on a separate jet ???? Oh, That’s right I forgot…Muslims can not travel with animals
    … Maybe they also have a law that forbids he travels with his wife.. as she travels on airforce 2 The big 747,,Airforce 1 may not be large enough for both of them

    • Am I The Only One?

      The Dog did Not Want To Fly With Muslims!

  • http://' greenteeth

    Oboner needs the money to fund his private army, BP.

  • http://hotmail Beverly Kaleiohi

    Obama should be tried for treason……but not too soon….I can’t even imagine what horrors that Biden would place on the American people….Obama is going full force w/ his radical, un-american plans to “transform” America…..It would be good if we could stop him in his tracks……He needs his treasonal acts, to keep on being exposed!

    • http://Fox Patriot III

      No one can be worse than this fool we have for a President that has to be impeached or charged with treason. Biden is so stupid he couldn’t see beyond his nose. He is the most ignorant buffoon we have ever had for a Vice President so he would just, hopefully, sit in the oval office sending e-mails to himself saying “I told you, you could do it”

  • http://themarine elton kelly

    We need to get rid of all those thugs that Obummer brought with him from Chicago, and while were at it lets get rid those union bums. semperfidelis

  • billb

    dogs pigs shrimp and scallops are considered unclean animals not worth of contact by muslims — born a muslim, raised a muslim, educated a muslim, it has to be a duck

    • Proud Tea Partier

      Amen, Bill! If it quacks like a duck, it must be a duck!

  • Is revolution the solution?

    I hope Obama will be arrested for telling lies to the American people and commiting fraud against the American people. This will be an example to those who will follow him. Like Cain for instance.

  • Am I The Only One?

    If We Had A Congress That Used It’s Required Constitutional Oversite and Duties, Obama Would Have Been Already Removed From Office, A Long, Long, Time Ago!

    Using Al Gore’s Famious Words: “There Is No Controlling Legal Authority!”…………To Stop President Obama Folks!
    PS.: If The People of America Get Tired of A Dictator As President; You Might Want To Start With Congress!….REPUBLICANS and DEMOCRATS!

  • http://conservitivebytes george morrison:: with a severe case of RED ASS

    they really have a facination with green companies in terrible need of taxpayer money and then this amazing thing happens called funds disappearing but don’t know where they went and guess what these bottom feeders come back for more taxpayer money without saying where the other half billion dollars went….now we hear nancy pelosi ‘s brother-in-law has secured a loan for the company he is on the board of directors imagine that, I reckon ole nancy did’nt know he worked there though….hah! LOOK ALL THESE ASS-HOLES NEED TO BE HELD ACCOUNTABLE FOR THIS MESS JUST THE SAME AS OBAMA AND HOLDER NEED TO BE HELD ACCOUNTABLE FOR THE MURDER OF THOSE ICE AND BORDER PATROL AGENTS, I HOPE THEY GET EVERYTHING THEY HAVE COMING TO THEM ………A LONG PRISON TERM

  • Proud Tea Partier

    Check out US Patriots Union. There are many Veterans getting together to implore Congress to begin impeachment proceedings. They know much more about the process than ordinary citizens (like me, don’t know if you served) and are tired of ALL of them and their illegal, unConstitutional actions. They are going to DC on 11/11/11, Veterans Day. I hope to be there, along with many other Patriotic Americans that have had enough. I’ll give you a link if I can, but check it out. It’s not over, and we have to get them all out so they cannot get lifetime benefits from us!

    • Proud Tea Partier

      PS-it’s NOT a union, not like the unions that are protesting. Just a name.

  • deafy

    Really … I am so tired of this … why is he still there?
    All this talk is not doing anything!

  • allosaur

    The Obamanation’s approach: Keep throwing money a a problem and it will go away–even if it is the same as throwing bad money we don’t have after spent money we never had either.

  • GDC

    Impeach Obama, prosecute him, EXECUTE him!

    • http://' greenteeth

      Reverse the list, be green.

  • Mike

    And now he is going on another “Throw America under the Bus Tour” in his big black bus which leaves a carbon footprint a mile wide. What will it take for Impeachment proceedings to begin?

  • Tequila George

    And how do we, the public, trace the money from cradle to grave? To find the proof, someone (person or company) must trace the cash. Otherwise, we just have hot air on BOTH sides of the mess, and I, as a taxpayer, am left to pay for, yet another, fine demonstration of the “GreedFactor”.

  • Bob

    I wonder how much of the stimulus packages went into Obamas pockets in some Swiss bank account. He should take Holder with him when he loses and move to Kenya, where Obama WAS born. There are just too many lies and hidden truths about this administration and I don’t understand why people even support him in any way at all.

  • cheryl jessup

    Obama is trying to spend as much money he can, and as fast as he can. He’s out to destroy our economy and he’s doing it. He realizes he may only have 14 months to do it. He’s on a mission. The house should stop him in his tracks.

  • franko

    hey folks,if you love America, vote conservative in 2012. as a born and bred southern boy (69yo)
    and was raised a democrat and voted democrat or split ticket most of my life.
    with this bunch of democrats, especially the self professed ,google “72 DSA democrat socialist party of america,(COMMUNIST) “black caucus”, I will never vote democrat again.
    if I recall correctly, in 1968 I went to war, vietnam to fight against communism. as did million of other americans. so did the Korean War veterans. these two wars cost the lives of over 100,000 American lives. we fought the wars over there to suppress communism and to prevent communism from here in America. but if you will google the above, you will see that we have TRAITORS in our midst and no one with a pair big enough to call them on it./
    old sarge, ‘nam vet, ’68/’70 lrrp/abn

  • http://www.edcampchiropractic.com/tips/ San Francisco Chiropractor

    Heya i am for the first time here. I came across this board and I in finding It truly helpful & it helped me out a lot. I’m hoping to present one thing again and help others like you aided me.