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Politics : The Solyndra Scandal -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (312)12/4/2011 8:44:05 PM
From: joseffy1 Recommendation  Respond to of 1400
 
White House withholding Solyndra records, House energy committee says
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12/01/2011 By C.J. Ciaramella
dailycaller.com

Despite a subpoena, the White House is still withholding records related to the failed $535 million federal loan to Solyndra, Republican investigators from the House Energy and Commerce Committee said Thursday.

In a letter to White House Counsel Kathryn Ruemmler today, Republican committee Chairman Fred Upton and subcommittee chairman Cliff Stearns said the White House had not fully complied with the committee’s Nov. 3 subpoena for documents concerning the Solyndra loan.

“[D]ocuments already in the Committee’s possession clearly indicate that you have numerous other documents in your possession which are responsive to the subpoena, but which have not been produced,” the letter reads. “In order for the Committee to complete its investigation of the problems with the loan guarantee program and the related loss of taxpayer dollars, those documents must be produced to the Committee.”

The $535 million Department of Energy loan to Solyndra has been the target of intense public scrutiny and investigation by since the solar company declared bankruptcy on Aug. 31.

Republicans say the loan was fast-tracked and warning signs with the company were ignored to appease the White House and its much-touted green energy initiative. The White House and the Department of Energy both say the loan was merit-based and there was no politics behind it.

In response to the letter, the White House repeated that the Solyndra loan was not politically motivated and said all the evidence produced so far in the long, ongoing investigation supported that.

“White House counsel is reviewing today’s letter but we are entering month ten of this investigation and everything disclosed in the 185,000 pages of documents, nine committee staff briefings, five Congressional hearings, emails from Solyndra investors, and Committee interview with George Kaiser, affirms what we said on day one: this was a merit based decision made by the Department of Energy,” White House spokesman Eric Schultz said. “We only wish that some of the Committee’s zeal to investigate was replicated in efforts to grow the economy. Since May, the House Commerce Committee has held five different hearings on Solyndra, and zero on legislation that would directly produce jobs.”

Read more: dailycaller.com



To: JakeStraw who wrote (312)12/6/2011 5:49:40 AM
From: joseffy2 Recommendations  Respond to of 1400
 
Further Example of How the "Network" Operates
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Jon-Bubba twist -- Clinton's profitable consulting work for MF Global


New York Post |December 6, 2011 by| JOSH MARGOLIN
nypost.com

Even as Jon Corzine’s MF Global was collapsing, a firm that includes former President Bill Clinton in a senior post was raking in huge fees for public-relations and financial advice from the ill-fated brokerage, The Post has learned.

Clinton’s office insists the former president did not profit from the relationship between MF Global and Teneo Holdings, where he is chairman of the advisory board. But Teneo, on whose advisory board former British Prime Minister Tony Blair also sits, was paid $125,000 a month for at least five months in one of MF’s biggest consulting arrangements, according to sources at the brokerage house.


Ron Sachs /CNP
FRIEND$ AT THE TOP: Former President Bill Clinton and British ex-Prime Minister Tony Blair both sit on the advisory board of Teneo Holdings, which was paid at least $625,000 to do public-relations and financial-consulting work for Jon Corzine’s failed brokerage, MF Global.





The relationship was controversial within MF Global even before the company’s financial problems hit the news as executives questioned why an outside firm was needed for work that had long been done in-house.

“I don’t know what they did,” one MF source said. “It was always unclear.”

Another MF employee told The Post that Teneo originally wanted $200,000 a month for its work, but that was too steep a price for MF decision-makers.

Teneo served as a personal p.r. firm and political consultant for then-MF Global CEO Corzine, the former governor and senator from New Jersey. It also offered advice on European financial investments — like the ones that ultimately led to MF’s collapse in October.

“It was very controversial and other consultants we had work for us for years were upset,” said an MF source.

MF is now bankrupt and is the subject of investigations by federal prosecutors and regulators.

Corzine himself has been subpoenaed to testify this week before the House Agriculture Committee, one of several congressional committees examining the company’s failure — the biggest bankruptcy since the Lehman Brothers crash.

Corzine and MF Global declined comment about the Teneo deal, as did Teneo execs.

Clinton spokesman Matt McKenna said “President Clinton does not advise clients on the firm’s behalf.” Clinton does make money from Teneo, but has declined to disclose the sum.

Corzine and the former president have been close for years. Clinton campaigned for Corzine repeatedly and Corzine, in turn, became the first sitting governor to endorse Hillary Rodham Clinton’s bid for the presidency when she ran in 2008.

But Corzine’s ties to Teneo are not so much the result of his relationship with Clinton as with one of Teneo’s top executives, Tom Shea, sources said.

Shea was Corzine’s chief-of-staff both in the Senate and the governor’s office.

Read more: nypost.com



To: JakeStraw who wrote (312)12/9/2011 9:00:07 AM
From: joseffy  Read Replies (1) | Respond to of 1400
 
Energy rates are expected to increase by 7.9% annually over the next five years, with more than half of that attributed to green energy initiatives.

ottawasun.com



To: JakeStraw who wrote (312)12/13/2011 10:07:40 AM
From: joseffy  Respond to of 1400
 
FAKE modern “Science” exposed repeatedly

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Frozen Planet scandal: Sir David Attenborough defends fake polar bear footage

by Simon Boyle, Daily Mirror 13/12/2011
mirror.co.uk




Hurricane predictors admit they can’t predict hurricanes

Monday, December 12, 2011 Ottawa Citizen By Tom Spears
ottawacitizen.com