Solyndra execs made 20 plus trips to the WH.

[Soul Crusher]

[Big Government linked to Sad Hill again - HERE - Thanks!]

How glorious, watching investigative reporters on primetime news meticulously dissect the $535 million Obama-Solyndra connection while co-anchors squeeze in comprehensive charts and detailed explanations on where all of the taxpayer’s stimulus money went since Obama needs another ‘this-will-fix-it’ $300 billion; oops, now $400 billion; hold it, ok, $450 billion.

No?

Fine, but MSM wouldn’t also be ignoring Project Gunrunner and the Obama-GE connection simply because AP Members such as The Washington Post and CBS receive $ millions in ObamaCare subsidies bribes? I mean, that would be a conspiracy.

Yeah, MSM investigative journalism – R.I.P. – was deep-sixed long ago. And by effectively morphing their so-called ‘news’ into shock value diatribes, the media dealers created highly-addictive entertainment for the masses — a Pavlovian condition, supplemented with your tax dollars and endorsed by big government.

What’s not to like? It’s topical. It’s comfortable. It’s guaranteed ‘free’ stimuli with zero call to action served up day after day, after day, after day,…

Press lever. Receive pellet.

Translation: Press button on TV remote (click bookmarked MSM web browser tab). Receive sensationalism laced with carefully selected talking points that mask giant government takeover.

Government? This is not government. This is an auction where policy goes to the highest bidder:



Solyndra ‘Green’ Executives: $100,000+ In Obama Donations And 20+ White House Trips

(Daily Caller) Not only does the now-bankrupt solar energy firm Solyndra have a cozy financial  relationship with the Obama administration, company representatives also made numerous visits to the White House to meet with administration officials, The Daily Caller has learned.

According to White House visitor logs, between March 12, 2009, and April 14, 2011, Solyndra officials and investors made no fewer than 20 trips to the West Wing. In the week before the administration awarded Solyndra with the first-ever alternative energy loan guarantee on March 20, four separate visits were logged.

George Kaiser, who has in the past been labeled a major Solyndra investor as well as a Obama donor, made three visits to the White House on March 12, 2009, and one on March 13. Kaiser has denied any direct involvement in the Solyndra deal and through a statement from his foundation said he “did not participate in any discussions with the U.S. government regarding the loan.”

But the countless meetings at the White House seem hardly coincidental. Kaiser, in fact, is responsible for 16 of the 20 meetings that showed up on the White House logs.

In the meetings on March 12, Kaiser met with former Chairman of the Council of Economic Advisors Austan Goolsbee at 11 a.m., Senior Advisor Pete Rouse at 3 p.m., and Deputy Director of the Domestic Policy Council Heather Higginbottom at 6:30 p.m. On the 13th, Kaiser met with Deputy Director of the National Economic Council Jason Furman at 9 a.m.

Other Solyndra officials that made the trek over to the White House include Chairman and Founder Christian Gronet on September 22, 2009, at 9:30 a.m.; and Board Members Thomas Baruch and David Prend.

Baruch went to the White House May 7, 2010, and September 20, 2010, at 8:40 a.m. and 1 p.m., respectively. Prend visited on September 21, 2010, at 9:15 p.m.

The visitor logs also show that a number of members of the administration a loan guarantee for Solyndra pressing enough to take meetings. Former Chief of Staff Rahm Emmanuel and Adviser Valerie Jarrett even took meetings with Kaiser.

As TheDC previously reported, Solyndra officials, including Kaiser himself, donated hundreds of thousands of dollars to Barack Obama.

Kaiser personally donated $53,500 to Obama’s presidential campaign in 2008. Ben Bierman, executive vice president of operations donated $5,500 to Obama, and Karen Alter, senior vice president of marketing gave $23,000, just to name a few.

In 2009, Solyndra secured a $535 million loan guarantee from the U.S. Treasury to produce solar panels. But on August 31, 2011, the company shut its doors and announced its intent to file for bankruptcy.

The revelation came after President Obama visited the plant in May 2010 and touted it as a shining light for the future of green jobs and a green-energy economy.

“The promise of clean energy isn’t just an article of faith — not anymore,” Obama said at the time. “The future is here.”

The future was bankruptcy.

~snip~

More on the Obama-Solyndra connection: HERE and HERE

UPDATE #1:  (via Doug Ross)

Solyndra Employee: From Day One, Everyone Knew That Our Solar Panels Were Uncompetitive… Including President Obama

‘When Solyndra abruptly closed, 1,100 people lost their jobs, without severance and without warning.’

Much more: HERE

UPDATE #2: Obama Administration On Solyndra Board For Months During $500 Million Loss

(Zip) Officials from the Department of Energy have for months been sitting in on board meetings as “observers” at Solyndra, getting an up-close view as the solar energy company careened towards bankruptcy after spending more than $500 million in federal loan money.

Word of the Energy Department’s unusual arrangement came as federal agents on Thursday converged on the California headquarters of the failed solar company, focusing fresh attention on the first corporate beneficiary of President Obama’s stimulus program to create new clean energy jobs.

~snip~

http://sadhillnews.com/2011/09/08/solyndra-green-executives-100000-in-obama-donations-and-20-white-house-trips

[Soul Crusher]

funny how threads like this are slated for the graveyard.

[Kazan]

Well I'm sure no one in the administration had any idea the company was piece of shit waiting to be flushed
Strange how on one in the Obama admin seems to have any idea whats going on. Gun runner .......

[Soul Crusher]

Well I'm sure no one in the administration had any idea the company was piece of shit waiting to be flushed
Strange how on one in the Obama admin seems to have any idea whats going on. Gun runner .......

Whether it's incompetence or fraud - neither is acceptable unless you are a Obama bot like straw, blacken, 240, etc who will accept anything from this admn.

[240 is Back]

defying getbig estimations that jon stewart is a liberal chump, he skewed obama tonight for this soly mess.

[Bindare_Dundat]

Goldman, Sachs & Co. acted as exclusive financial advisor to Solyndra in connection with this loan guarantee application.



http://www.zerohedge.com/news/another-popular-name-emerges-solyndra-scandal

[Soul Crusher]

Lmao.  No wonder everything is so fucked.

[Soul Crusher]

Solyndra's woes worried White House, emails show (It didn't stop Obama from stealing $528 million)
cbs ^ | 9/16/2011 | ap
Posted on September 16, 2011 6:27:15 AM EDT by tobyhill

White House officials discussed the political ramifications of a possible default by a troubled solar energy company that received more than $500 million in federal loans, newly released emails show.

Emails released Thursday night show the Obama administration privately worried about the effect of a default by Solyndra Inc. on the president'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."

That message has turned out to be a fairly accurate prophecy of Solyndra's failure haunting President Obama's 2012 campaign, even before the end of 2011.

In remarks on the Senate floor Thursday, Senate Minority Leader Mitch McConnell, R-Ky., argued that Solyndra's bankruptcy this month was just another reason to fight against the president's jobs plan, reports CBSNews.com's Lucy Madison.

"This place was supposed to be the poster child of how the original stimulus would create jobs. Now it's bankrupt and most of its 1,100 employees are out of work," McConnell said.

(Excerpt) Read more at cbsnews.com ...

[Deicide]

Solyndra's woes worried White House, emails show (It didn't stop Obama from stealing $528 million)
cbs ^ | 9/16/2011 | ap
Posted on September 16, 2011 6:27:15 AM EDT by tobyhill

White House officials discussed the political ramifications of a possible default by a troubled solar energy company that received more than $500 million in federal loans, newly released emails show.

Emails released Thursday night show the Obama administration privately worried about the effect of a default by Solyndra Inc. on the president'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."

That message has turned out to be a fairly accurate prophecy of Solyndra's failure haunting President Obama's 2012 campaign, even before the end of 2011.

In remarks on the Senate floor Thursday, Senate Minority Leader Mitch McConnell, R-Ky., argued that Solyndra's bankruptcy this month was just another reason to fight against the president's jobs plan, reports CBSNews.com's Lucy Madison.

"This place was supposed to be the poster child of how the original stimulus would create jobs. Now it's bankrupt and most of its 1,100 employees are out of work," McConnell said.

(Excerpt) Read more at cbsnews.com ...

[Soul Crusher]

Lmao.   Obama is screwed on this.

[Fury]

Solyndra's woes worried White House, emails show (It didn't stop Obama from stealing $528 million)
cbs ^ | 9/16/2011 | ap
Posted on September 16, 2011 6:27:15 AM EDT by tobyhill

White House officials discussed the political ramifications of a possible default by a troubled solar energy company that received more than $500 million in federal loans, newly released emails show.

Emails released Thursday night show the Obama administration privately worried about the effect of a default by Solyndra Inc. on the president'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."

That message has turned out to be a fairly accurate prophecy of Solyndra's failure haunting President Obama's 2012 campaign, even before the end of 2011.

In remarks on the Senate floor Thursday, Senate Minority Leader Mitch McConnell, R-Ky., argued that Solyndra's bankruptcy this month was just another reason to fight against the president's jobs plan, reports CBSNews.com's Lucy Madison.

"This place was supposed to be the poster child of how the original stimulus would create jobs. Now it's bankrupt and most of its 1,100 employees are out of work," McConnell said.

(Excerpt) Read more at cbsnews.com ...

That's all President Downgrade and his team care about. They truly couldn't give a fuck about this country or its people. All about getting another 4 years.

[Soul Crusher]

Notice how straw Benny blackass Andre et al have not said a word on this?

[Soul Crusher]

http://www.washingtonpost.com/politics/obama-administration-e-mails-giving-more-taxpayer-money-to-solyndra-was-risky/2011/09/15/gIQAPacpVK_story.html

Obama administration e-mails: Giving more taxpayer money to Solyndra was risky


 Solyndra, a California solar company backed by a half-billion dollars in loan guarantees from the Obama administration, announced it was shutting its doors and laying off 1,100



Carol D. Leonnig and Joe Stephens, Published: September 15


A White House official fretted privately that the Obama administration could suffer serious political damage if it gave additional taxpayer support to the beleaguered solar-panel company Solyndra, according to newly released e-mails.

The firm had burned through millions of dollars and in January still tottered near collapse. The official wanted the government’s top budget official to warn Obama’s energy secretary about the risk, according to the e-mails.

Solyndra LLC Chief Executive Officer Brian Harrison and Chief Financial Officer Bill Stover have postponed their previously scheduled congressional testimony until sometime next week. Harrison and Stover were scheduled to testify tomorrow after the company filed for bankruptcy protection following a $535 million U.S. loan guarantee. Bloomberg's Megan Hughes reports the hearing will now focus on officials at the White House. (Sept. 13)

Graphic



White House pressed on $500M loan Republican scores upset in N.Y. House raceRead more on PostPolitics

.At the time, the Energy Department was trying to pump taxpayer money into the California company to save it from imminent failure. The firm had received a $535 million federal loan from the agency in 2009, but early this year confided to the Obama administration that without a rapid infusion of cash it was in danger of defaulting.

“The optics of a Solyndra default will be bad,” the Office of Management and Budget staff member wrote Jan. 31 in an e-mail to a co-worker. “If Solyndra defaults down the road, the optics will be arguably worse later than they would be today. . . . In addition, the timing will likely coincide with the 2012 campaign season heating up.”


The e-mail suggests that, as the Energy Department pushed to release an additional $67 million in installments of the loan to Solyndra, the OMB was not participating in the decision about whether to help the company. OMB staff had been in charge of assessing the default risk of firms that received Energy Department loan guarantees.

The e-mails, released by the House Energy and Commerce subcommittee on investigations, come during the panel’s inquiry into the administration’s handling of Solyndra, which declared bankruptcy two weeks ago.

The Silicon Valley company was a centerpiece of President Obama’s initiative to develop clean energy technologies.

Damien LaVera, an Energy Department spokesman, said he could not answer whether OMB staff members spoke to Energy Secretary Steven Chu.

“If anything, this e-mail is yet another piece of evidence that political or optical considerations took a back seat to putting the company and its workers in a better position to succeed and repay the loan,” he said.

In one e-mail, the OMB staffer wrote that an upcoming staff meeting “might present an opportunity to flag to DOE at the highest levels the stakes involved, for the Secretary to do as he sees fit (and be fully informed and accountable for the decision).”

The staffer, whose name was redacted from the e-mails, noted that Solyndra had drawn a lot of media attention since winning its loan guarantee and was still at risk of failing.

“Although [political] optics are generally out of our lane, it may be worthwhile for the Director to privately make this point to the Secretary,” the staffer wrote.

The staffer wrote that allowing Solyndra to shutter its plant in January could let the Obama administration “get some credit for fiscal discipline” and save taxpayer money.

OMB spokeswoman Moira Mack said the e-mail was written by a career employee.

OMB staff members had warned that the Energy Department’s restructuring of Solyndra’s loan might be throwing good money after bad, other e-mails show, and could cost taxpayers $168 million more than if Solyndra had liquidated in January.

Solyndra had reported growing sales until Aug. 31, when it collapsed and filed for bankruptcy, leaving 1,100 people out of work and taxpayers on the hook for the loans. On Sept. 8, FBI agents raided Solyndra’s offices and seized files and computer records.

Internal administration e-mail traffic from 2009, released this week, showed that White House officials pushed for a quick decision on a loan guarantee for Solyndra. They hoped the timing would allow Vice President Biden to announce the approval at a September 2009 groundbreaking for the company’s new factory in Fremont, Calif.

“The issue that involved the vice president having this event did not drive the loan process,” White House spokesman Jay Carney said Thursday.

Read more on PostPolitics.com

[Soul Crusher]

Solyndra Lobbied White House for Solar Panels on U.S. Buildings
QBy Jim Snyder - Sep 16, 2011 12:00 AM ET .

http://www.bloomberg.com/news/2011-09-16/solyndra-lobbied-white-house-for-solar-panels-on-u-s-buildings.html




Solyndra LLC, the failed company that House Republicans said may have benefited from White House political connections, unsuccessfully sought a meeting with environment chief Carol Browner to argue for the use of solar panels on government buildings, e-mails show.

Chris Fish, a lobbyist with McAllister & Quinn LLC in Washington, wrote the White House Energy and Climate Change office on July 12, 2010, to request a meeting between Solyndra executives and Browner, who was director of the office, according to e-mails the White House turned over to House investigators for the Energy and Commerce Committee.

Solyndra executives sought to “increase U.S. government installation deployment of U.S.-made solar panels,” according to the e-mail from Fish.

The solar-panel maker, whose $535 million U.S. loan guarantee awarded in September 2009 is being investigated by the Republican-led energy committee, filed for bankruptcy protection on Sept. 6. Two days later, its offices were raided by the FBI.

According to Fish’s e-mail, the company was seeking to supply Solyndra’s lightweight, thin-film solar panels to governmental agencies to install on the rooftops of government buildings and to extend “buy American” procurement provisions that favor U.S.-based suppliers.

“Solyndra is one of the very few solar panel manufacturers reaching large-scale production in the U.S.,” Fish said in the e-mail.

$187,000 for Lobbying

The Fremont, California-based solar-panel maker paid McAllister & Quinn more than $187,000 in 2010 and 2011 to lobby on its behalf, according to Senate records.

McAllister lobbyist Stephen Ham said in a follow-up e-mail on July 16, “Apparently there is an issue with the government buying Chinese panels over U.S. manufactured ones.”

Ham said yesterday the firm doesn’t comment on its clients.

While White House officials initially suggested a meeting with Browner’s deputies, climate-office official Stephen Moilanen wrote back on July 20, rejecting the request.

“Unfortunately, we will be unable to accommodate this request at this time, as we feel this request would be better directed to the Department of Energy itself,” Moilanen wrote Fish.

In June 2010, Solyndra withdrew a planned initial public offering for as much as $300 million. On July 6, a report in Greenwire, an online news outlet that covers the environment, said the company was hemorrhaging cash.

Solyndra spokesman David Miller called the report “total crap,” in a July 6 e-mail to Gregory Nelson, deputy director of the White House office of public engagement, according to the batch of documents, which the White House also released to the press.

‘Troubling Questions’

A report released by the House Energy committee on Sept. 14 said e-mails obtained from its seven-month investigation “raise troubling questions” about whether budget officials weighing the risk of granting Solyndra the loan guarantee were rushed by Obama aides to reach a decision.

Jeffrey Zients, deputy director of the White House Office of Management and Budget, described the review as thorough during testimony to the committee.

To contact the reporter on this story: Jim Snyder in Washington at jsnyder24@bloomberg.net

To contact the editor responsible for this story: Larry Liebert at lliebert@bloomberg.net

[Soul Crusher]

Obama Fundraiser Llnked To Loan Program That Aided Solyndra
LATimes ^ | September 16, 2011 | Matea Gold and Stuart Pfeifer
Posted on September 16, 2011 11:00:05 PM EDT by Steelfish

Obama Fundraiser Llnked To Loan Program That Aided Solyndra The revelation is likely to spur new inquiries about the solar company's political influence. Separately, California lawmakers seek investigation of a state tax break the firm received.

By Matea Gold and Stuart Pfeifer September 17, 2011

The White House faced mounting political complications as a second top fundraiser for President Obama was linked to a federal loan guarantee program that backed a now-bankrupt Silicon Valley solar energy company, and as two California lawmakers called for investigations of a state tax break granted to the firm.

Steve Spinner, who helped monitor the Energy Department's issuance of $25 billion in government loan guarantees to renewable energy projects, was one of Obama's top fundraisers in 2008 and is raising money for the president's 2012 reelection campaign.

Spinner did not have any role in the selection of applicants for the loan program and, in fact, was recused from the decision to grant a $535-million loan guarantee to Solyndra Inc. because his wife's law firm represented the company, administration officials said Friday.

But Spinner's role as a top official in the Energy Department program, which had not been previously revealed, is likely to spur new inquiries into whether political influence played a role in the handling of the "green" energy fund. Solyndra faces a congressional probe, a criminal investigation and separate internal inquiries at the Energy and Treasury departments.

"This will fuel more questions, and now you've got real people involved at the inspector-general level who will be turning over chairs and cabinets, asking questions," said Stanley Brand, a criminal defense and ethics lawyer in Washington who has served as general counsel to the U.S. House of Representatives.

(Excerpt) Read more at latimes.com ...

[Hugo Chavez]

funny how threads like this are slated for the graveyard.

no they're not, you will bump any thread no matter how many times it takes until it gets comments.  How many threads do you have on the same subject going? 20, 30?

The nature of this scandal shows full well Obama wasn't about changing jack shit.  He got in there and conducted himself in the same corrupt way past politicians have been nailed for over and over.  Where he was elected as senator should have clued us in.  

[George Whorewell]

no they're not, you will bump any thread no matter how many times it takes until it gets comments.  How many threads do you have on the same subject going? 20, 30?

The nature of this scandal shows full well Obama wasn't about changing jack shit.  He got in there and conducted himself in the same corrupt way past politicians have been nailed for over and over.  Where he was elected as senator should have clued us in.  

Racist post reported.

[Soul Crusher]

no they're not, you will bump any thread no matter how many times it takes until it gets comments.  How many threads do you have on the same subject going? 20, 30?

The nature of this scandal shows full well Obama wasn't about changing jack shit.  He got in there and conducted himself in the same corrupt way past politicians have been nailed for over and over.  Where he was elected as senator should have clued us in.  

LMAO as this only happened two weeks after taking office!!!!

[Soul Crusher]

Obama Fundraiser Llnked To Loan Program That Aided Solyndra
LATimes ^ | September 16, 2011 | Matea Gold and Stuart Pfeifer
Posted on September 16, 2011 11:00:05 PM EDT by Steelfish

Obama Fundraiser Llnked To Loan Program That Aided Solyndra The revelation is likely to spur new inquiries about the solar company's political influence. Separately, California lawmakers seek investigation of a state tax break the firm received.

By Matea Gold and Stuart Pfeifer September 17, 2011

The White House faced mounting political complications as a second top fundraiser for President Obama was linked to a federal loan guarantee program that backed a now-bankrupt Silicon Valley solar energy company, and as two California lawmakers called for investigations of a state tax break granted to the firm.

Steve Spinner, who helped monitor the Energy Department's issuance of $25 billion in government loan guarantees to renewable energy projects, was one of Obama's top fundraisers in 2008 and is raising money for the president's 2012 reelection campaign.

Spinner did not have any role in the selection of applicants for the loan program and, in fact, was recused from the decision to grant a $535-million loan guarantee to Solyndra Inc. because his wife's law firm represented the company, administration officials said Friday.

But Spinner's role as a top official in the Energy Department program, which had not been previously revealed, is likely to spur new inquiries into whether political influence played a role in the handling of the "green" energy fund. Solyndra faces a congressional probe, a criminal investigation and separate internal inquiries at the Energy and Treasury departments.

"This will fuel more questions, and now you've got real people involved at the inspector-general level who will be turning over chairs and cabinets, asking questions," said Stanley Brand, a criminal defense and ethics lawyer in Washington who has served as general counsel to the U.S. House of Representatives.

(Excerpt) Read more at latimes.com ...

[Soul Crusher]

Straw? 

[Soul Crusher]

BUMP