No kidding: Solyndra was about politics and only politics

Posted by on Dec 26, 2011 at 9:21 am

President Obama’s got some ‘splainin to do.  According to The Washington Post the administration entire green energy/clean energy program was about politics not good policy:

“Meant to create jobs and cut reliance on foreign oil, Obama’s green-technology program was infused with politics at every level, The Washington Post found in an analysis of thousands of memos, company records and internal ­e-mails. Political considerations were raised repeatedly by company investors, Energy Department bureaucrats and White House officials.”

The White House of course denies this is the case and claims about Solyndra in particular that only the Obama administration only meant for the best: “This administration is one that will fiercely fight to protect jobs even when it’s not the popular thing to do.”

Only trouble is that with Solyndra, as with the Keystone XL pipeline, as with natural gas development, as with the payroll tax holiday, as with EPA regulations of every industry, this kind of claim is so false it is laughable.

Just listen to one person involved in the Solyndra debacle after Obama had already done his photo-op at the company’s plant and the business was clearly failing: “Its investors pitched bailout plans, seeking help from what a Solyndra executive referred to as the “Bank of Washington” — his apparent term for U.S. taxpayers. The Energy Department rebuffed the plans, at least initially.

Full story.

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