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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (635346)	11/9/2011 7:41:13 PM
From: Brumar89	Read Replies (1) \| Respond to of 1583865

Trying to mislead ... it was kicked back by DOE before Obama took office: .... Republicans pushed back hard against this version of events, unearthing internal Energy Department emails that indicate the panel evaluating the loans had made the unanimous decision to shelve Solyndra's application two weeks before Obama took office. Blaming the failed loan on the Bush administration marked an abrupt turn for the Energy Department, which had championed the Solyndra loan as a model for its efforts to build a so-called "green energy" industry that creates jobs and safeguards the environment. The Solyndra loan was so central to this strategy that the administration initially planned to have Obama personally announce it, and later sent the president to the company's solar panel manufacturing facility in Fremont, California to celebrate its work. .... "This deal is NOT ready for prime time," one White House budget analyst wrote in a March 10, 2009 email, nine days before the administration formally announced the loan. ..... abcnews.go.com On top of approving a bad loan guarantee, the Obama administration restructured the loan early this year to put private investors ahead of the federal government. There was no excuse for that. I think that was criminal fraud.