Thursday, September 15, 2011

Devastating Solyndra video on DoE mentality

Does this illustrate the bureaucratic mindset, or what. At a cost to us of half a billion. That everyone knew wouldn't work. What do you do for a living! Can we eliminate this department? After we send some people to jail? Meanwhile, new jobless claims are up this morning. U.S. Jobless Claims Unexpectedly Rise to 428000, Highest Level ...

...Can we get some real jobs? 

More. Does this illustrate Obama's our cash for his clunkers mindset or what. Bankrupting us all in search of Euro-greenie idiocy. Michael Ramirez. IBD, let's pink slip his jobs bill. And while we're on the subject, Nixon had his Watergate plumbers--Obama has these DoE clowns--and big bucks campaign bundlers who got big stashes of our money.

More.Spanish Energy Firm Gets Billions in Loans from Feds

Solyndra Loan:Now Treasury Dept. Is Launching Investigation
The new probe involves the $535 million loan, arranged by the Energy Department, but actually processed by the Federal Financing Bank, a government lending institution that falls under Treasury's control. Already, the FBI and the Energy Department's inspector general have executed search warrants at Solyndra's headquarters and questioned company executives. "We're going to look at everything the FFB had to do with its role in this thing," Rich Delmar, a spokesman for the Treasury Department's inspector general, told ABC News and iWatch News. Earlier this month, iWatch News and ABC News disclosed that Solyndra received a rock-bottom interest rate of 1 to 2 percent -- lower than those affixed to other Energy Department green energy projects. The low rate was set even as an outside agency, Fitch Rating, scored Solyndra as a B+ -- "speculative" -- investment. Energy Department officials said the bank set the rate, based on formulas including the payout length, and that Solyndra did not receive special treatment.
So. The sweetheart deal of sweetheart deals. And no one is responsible for it. Where's a plumber when you need one...
GREEN CRIME: Obama Spent Nearly $17.2 Billion to Create Only 3,545 Green Jobs… Or a Staggering $4.8 Million Per Job

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