Wednesday, August 31, 2011

...And The Golden Truth Is Revealed:

Kudos to a commentor who dug this story up.  It turns out that the owner of Solyndra was a big source of campaign contributions to Obama AND Obama cut corners around the rules in place to get over $500 million in funding to Solyndra.  Here's the report:  LINK

Since this company just pissed away public money, I would suggest that we get to see a detailed look at the inside books so we can see just how much of that $500 million went into the bank accounts of the upper management. 

Moreover, it sounds like many of Obama's political allies and fundraisers were beneficiaries of "green" loans from the Taxpayers.  I don't know who the Obama supporters think they voted for, but I guarantee you that Obama is at least as corrupt as most of his predecessors.  One of my biggest worries about him was that he was a product of the Chicago political "machine," which means there isn't an honest bone in his body...Please note that the story is from ABC News and not some conspiracy-theory addled source.

6 comments:

  1. I once had 3 companies, I did just like Solyndra management did. I only pocketed $6 mil. I wish I knew Obama back then.

    ReplyDelete
  2. Banksters Bailout Builds

    http://michael-hudson.com/2011/08/banksters-bailout-builds/

    ReplyDelete
  3. I look forward to the day when a special prosecutor is appointed to investigate the crimes of this administration. This is just one of the many crimes. The sooner the better.

    ReplyDelete
  4. (Dave)

    I used to look forward to that day too. Unfortunately, those who would be in charge of appointing that prosecutor are the same people engaging or complicit in the crimes. We will never see that day. It will take a revolution.

    ReplyDelete
  5. oh...please...grow up....everyone does it


    "miscellaneous consulting services."

    "And you have absolutely over the last 10, 15, 20 years not a lot of demonstrable business experience that would bring about a company investing $2 million in you?"

    "I personally would object to the assumption that they're investing $2 million in me," said Bush, who went on to explain that he knew a lot about business and had been working in Asia for years.

    Bush, who inked the Grace deal in August 2002, said he had not yet received any stock from the company, which built a plant in Shanghai that began production in September. He is supposed to consult for the company and be on the board of directors, he said.

    http://edition.cnn.com/2003/ALLPOLITICS/11/25/bush.brother.reut/

    ReplyDelete
  6. Secret files: US officials aided Gaddafi

    and David Welch, former assistant secretary of state under George W
    Bush. Welch was the man who brokered the deal to restore diplomatic
    relations between the US and Libya in 2008.

    Papers and files were strewn about the offices of Libya’s intelligence
    agency [Evan Hill/Al Jazeera]

    Welch now works for Bechtel, a multinational American company with
    billion-dollar construction deals across the Middle East. The
    documents record that, on August 2, 2011, David Welch met with
    Gaddafi’s officials at the Four Seasons Hotel in Cairo, just a few
    blocks from the US embassy.

    http://www.nakedcapitalism.com/2011/09/links-9111.html#comment-457002

    ReplyDelete