Today, the Treasury Joins FBI, Congress in Investigating Stimulus Loan to Failed Solar Panel Company.
B.H.O.'S stimulus package is the gift that keeps on giving to the news media industry, at least the Conservative news branch.
In the draconian boondoggle we all know as " THE STIMULUS PACKAGE," $528 MILLION, yes MILLION dollars was given to a solar-panel company that went bankrupt this month, claiming the firm fell victim to global economic trends but that federal investment in alternative energy must continue.
According to FOX NEWS, Rep. Fred Upton, R-Mich., said the program was "shrouded in secrecy and uncertainty," questioning whether the loan represented "one bad bet" or the "tip of the iceberg."
FOX NEWS also reported The loan to Solyndra has set off a firestorm on Capitol Hill, with a Republican-led House committee releasing emails suggesting the White House had pressured budget officials into expediting their fiscal review of the loan ahead of a plant groundbreaking. The company was touted prominently by the Obama administration for its work growing so-called green jobs.
Everyone in the free world knew the STIMULUS PACKAGE was a farce, we just didn't know how costly i t was going to be.
YOURS IN LIBERTY ! ! !
Bob Yeager
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