See! It's Still Bush's Fault

Discussion in 'Politics & Religion' started by JamesL, Sep 15, 2011.

  1. JamesL


    WH tries to place blame for failed solar company on the Bush White House during hearings:

    After spending months touting the Obama administration's decision to loan $535 million to the California solar energy upstart Solyndra, top officials took a new tack Wednesday while testifying before Congress about the company's abrupt shut-down and bankruptcy: the loan, they said, was actually the Bush administration's idea. The Energy Department's top lending officer told Congress that the Solyndra loan application was not only filed during President Bush's term, but it surged towards completion before Obama took office in January 2009.

    "By the time the Obama administration took office in late January 2009, the loan programs' staff had already established a goal of, and timeline for, issuing the company a conditional loan guarantee commitment in March 2009," said Jonathan Silver, who heads the Energy loan program.

    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.

    You can't make this shit up!
  2. Lucrum


  3. pspr


    Obama has one speed and one direction and the edge of the cliff is coming up fast. :cool:
  4. To be honest I'm still blaming George Washington for a lot of the shit we are dealing with today! :D
  5. that's true, but you have to admit obama added a hefty sum to bush's original pool of failure