Solyndra execs refuse to testify at House hearing
Nothing says guilty more than pleading the 5th.....Obama is on his way out.
http://abclocal.go.com/kgo/story?section=news/business&id=8365385 (http://abclocal.go.com/kgo/story?section=news/business&id=8365385)
WASHINGTON (KGO) -- Two top executives at bankrupt Solyndra have invoked their Fifth Amendment rights and refused to answer questions at a House hearing Friday.
The Solyndra executives have sent letters to the House Energy and Commerce committee, saying they will invoke their Fifth Amendment right to remain silent.
They cite an ongoing criminal investigation by the FBI, which raided the Solyndra plant in Fremont earlier this month. That happened after the company declared bankruptcy, and defaulted on a $528 million government stimulus loan.
The House committee is investigating whether political influence from the Obama administration helped Solyndra get that loan.
And Bush can't be blamed for this one 'cause it was turned down under him and Obama pushed it through.
Quote from: me on September 23, 2011, 12:14:47 PM
And Bush can't be blamed for this one 'cause it was turned down under him and Obama pushed it through.
Oh, I'm sure they will STILL find a way to blame Bush......
Quote from: me on September 23, 2011, 12:14:47 PM
And Bush can't be blamed for this one 'cause it was turned down under him and Obama pushed it through.
It was NOT turned down by Bush. To the contrary ....http://themoderatevoice.com/122532/solyndra-and-bush/ (http://themoderatevoice.com/122532/solyndra-and-bush/)
"January 2009: In an effort to show it has done something to support renewable energy, the Bush Administration tries to take Solyndra before a DOE credit review committee before President Obama is inaugurated. "
"What critics fail to mention is that the Solyndra deal is more than three years old, started under the Bush Administration, which tried to conditionally approve the loan right before Obama took office. Rather than "pushing funds out the door too quickly," the Obama Administration restructured the original loan when it came into office to further protect the taxpayers' investment."
Quote from: Henry Hawk on September 23, 2011, 01:23:13 PM
Oh, I'm sure they will STILL find a way to blame Bush......
No, but Bush is not blameless either.
Quote from: Olias on September 23, 2011, 02:05:52 PM
No, but Bush is not blameless either.
Old George W. sure handed Obama a paper sack of dirty and wet garbage which turned out to the econony. :yes: :smile:
amazing... :no:
Quote from: Olias on September 23, 2011, 02:05:06 PM
It was NOT turned down by Bush. To the contrary ....http://themoderatevoice.com/122532/solyndra-and-bush/ (http://themoderatevoice.com/122532/solyndra-and-bush/)
"January 2009: In an effort to show it has done something to support renewable energy, the Bush Administration tries to take Solyndra before a DOE credit review committee before President Obama is inaugurated. "
"What critics fail to mention is that the Solyndra deal is more than three years old, started under the Bush Administration, which tried to conditionally approve the loan right before Obama took office. Rather than "pushing funds out the door too quickly," the Obama Administration restructured the original loan when it came into office to further protect the taxpayers' investment."
It is amazing how little comment you got on your information you presented. It is also shows how little response you get from the Republican side of the debate.
The action on the Solyndra proposition started with George W. Bush. Just like NAFTA started George H. W. Bush, George W. daddy.
It is amazing how they the Republican Presidents can pass the buck. :biggrin: The Republicans are sure good at rewriting history. :rolleyes:
Quote from: The Troll on September 24, 2011, 07:55:39 PM
It is amazing how little comment you got on your information you presented. It is also shows how little response you get from the Republican side of the debate.
The action on the Solyndra proposition started with George W. Bush. Just like NAFTA started George H. W. Bush, George W. daddy.
It is amazing how they the Republican Presidents can pass the buck. :biggrin: The Republicans are sure good at rewriting history. :rolleyes:
Quote from: Olias on September 23, 2011, 02:05:06 PM
It was NOT turned down by Bush. To the contrary ....http://themoderatevoice.com/122532/solyndra-and-bush/ (http://themoderatevoice.com/122532/solyndra-and-bush/)
"January 2009: In an effort to show it has done something to support renewable energy, the Bush Administration tries to take Solyndra before a DOE credit review committee before President Obama is inaugurated. "
"What critics fail to mention is that the Solyndra deal is more than three years old, started under the Bush Administration, which tried to conditionally approve the loan right before Obama took office. Rather than "pushing funds out the door too quickly," the Obama Administration restructured the original loan when it came into office to further protect the taxpayers' investment."
And a damn fine job he did of restructuring. Only cost us tax payers $5B. Whata guy. :rolleyes: Bush in no way can be held responsible if Obama restructured the original loan terms now can he? Talk about grasping at straws... :rolleyes:
Quote from: me on September 25, 2011, 12:14:45 AM
And a damn fine job he did of restructuring. Only cost us tax payers $5B. Whata guy. :rolleyes: Bush in no way can be held responsible if Obama restructured the original loan terms now can he? Talk about grasping at straws... :rolleyes:
Well, well .... what happened to "Bush turned it down?"
And here we have yet another conservative who either can't read or can't count. Maybe both.
$5B???? :rolleyes:
http://wvrecord.com/arguments/238500-their-view-solyndra-fiasco-cost-taxpayers-537-million (http://wvrecord.com/arguments/238500-their-view-solyndra-fiasco-cost-taxpayers-537-million)
"Solyndra fiasco cost taxpayers $537 million"
'Course we all know how you and HH love to exaggerate but this is ridiculous.
Quote from: Olias on September 25, 2011, 11:34:14 AM
Well, well .... what happened to "Bush turned it down?"
And here we have yet another conservative who either can't read or can't count. Maybe both. $5B???? :rolleyes:
http://wvrecord.com/arguments/238500-their-view-solyndra-fiasco-cost-taxpayers-537-million (http://wvrecord.com/arguments/238500-their-view-solyndra-fiasco-cost-taxpayers-537-million)
"Solyndra fiasco cost taxpayers $537 million"
'Course we all know how you and HH love to exaggerate but this is ridiculous.
Typo sorry 'bout that. Meant to put $5M but finger misbehaved and I didn't proof read.
Quote from: Olias on September 25, 2011, 11:34:14 AM
Well, well .... what happened to "Bush turned it down?"
And here we have yet another conservative who either can't read or can't count. Maybe both. $5B???? :rolleyes:
http://wvrecord.com/arguments/238500-their-view-solyndra-fiasco-cost-taxpayers-537-million (http://wvrecord.com/arguments/238500-their-view-solyndra-fiasco-cost-taxpayers-537-million)
"Solyndra fiasco cost taxpayers $537 million"
'Course we all know how you and HH love to exaggerate but this is ridiculous.
Nothing happened to Bush turning it down I was addressing Troll's post about it starting with Bush who turned it down. If Bush turned it down then Obama brought it back up, restructured it, and then pushed it through it can in no way go back to Bush's fault.
The Energy Department's loan-guarantee program, enacted in 2005 with bipartisan support, has backed nearly $38 billion in loans for 40 projects around the country. Solyndra represents just 1.3 percent of that portfolio — and, as yet, it's the only loan that has soured. Other solar beneficiaries, such as SunPower and First Solar, are still going strong.
Quote from: me on September 25, 2011, 12:14:45 AM
And a damn fine job he did of restructuring. Only cost us tax payers $5B. Whata guy. :rolleyes: Bush in no way can be held responsible if Obama restructured the original loan terms now can he? Talk about grasping at straws... :rolleyes:
Hell, that's peanuts to what little old George W. gave to Wall Street banks just before he left, stage right. :doh: :boohoo: :cry:
Quote from: The Troll on September 28, 2011, 07:38:24 PM
Hell, that's peanuts to what little old George W. gave to Wall Street banks just before he left, stage right. :doh: :boohoo: :cry:
Uh, the democratic congress passed it and he signed it at the urging of Obama who had won the election. If he hadn't signed it ya'll would be holdin' him against the wall for that so either way he went it was a losing situation.
This just keeps on getting more and more interesting...
http://abcnews.go.com/Blotter/obama-fundraiser-pushed-solyndra-deal-inside/story?id=14691618 (http://abcnews.go.com/Blotter/obama-fundraiser-pushed-solyndra-deal-inside/story?id=14691618)
An elite Obama fundraiser hired to help oversee the administration's energy loan program pushed and prodded career Department of Energy officials to move faster in approving a loan guarantee for Solyndra (http://theunknownzone.us/Blotter/solyndra-execs-congress/story?id=14567091), even as his wife's law firm was representing the California solar company, according to internal emails made public late Friday.