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Economy
Obama administration ignored Solyndra warnings
2011-09-16
WASHINGTON (The Press Association That Can Not Be Named) -- The Obama administration ignored repeated warnings about a clean-energy loan program that has become an embarrassment for the White House amid the collapse of a California solar energy company that received more than $500 million in federal loans.

At least three reports by federal watchdogs over the past two years warned that the Energy Department had not fully developed the controls needed to manage the multibillion-dollar loan program that provided more than $528 million to Solyndra Inc., a now-bankrupt solar panel manufacturer.

Emails obtained by The Press Association That Can Not Be Named show that a White House official dismissed reports about Solyndra's gloomy future. An email from Greg Nelson, a White House official who had been involved in the planning of Obama's May 2010 trip to Solyndra's headquarters, to a Solyndra executive downplayed a July 2010 news story in a trade publication that criticized the company's financial health.

"Seems B.S.," Nelson wrote.
Coming up next on "Under the Bus"...Make Room For Greg.
Posted by:tu3031

#7  Would it have been better if she had been elected president?

Nope. Obama has an advantage over her---he's lazy.
Posted by: g(r)omgoru   2011-09-16 16:59  

#6  I'm certain it's all part of the 5 Year Plan. But you have to reelect Obama to know what's in it.
Posted by: Eohippus Phater7165   2011-09-16 16:58  

#5  heh. Can you say F-150? Drink up!

Posted by: Frank G   2011-09-16 16:48  

#4  "Hey, we're innocent, what makes you think we know shit about business reports?"
Posted by: swksvolFF   2011-09-16 13:02  

#3  As the wife of the Ex-pres he CANT run, not that there's any law against it, but She's
Un-electable.

We DO NOT WANT MORE DiCK SUCKER PRESIDENTS,
OR THEIR WIVES.
(Probably get banned for that, But it's true and Final, And worth it)
Posted by: Redneck Jim   2011-09-16 11:38  

#2  sorry, wrong area to post that.
Posted by: Anonymoose   2011-09-16 09:26  

#1  Interesting political note. Bloomberg National Poll is a Clinton friendly pollster, so this is likely a trial balloon to see if Hillary can get away with challenging Obama in the Democrat primary.

Noteworthy that Hillary has consistently polled with exactly the same 47% negative rating for over a decade, then suddenly a pollster comes with a weirdly phrased question of "Would it have been better if she had been elected president?"

"You're currently being tormented by Belphegor. Would you in retrospect have preferred being tormented by Leviathan?"
Posted by: Anonymoose   2011-09-16 09:25  

00:00