Here we go again !
According to Rep. Darrell Issa R-CA, chairman of the House Oversight and Government Relations Committee, the administration's approval of a loan guarantee for solar power company Solyndra -- which went belly up shortly after a half-billion dollar investment by the federal government -- is just one example of a "breach of protocol" in approving loans.
That loan literally stinks on ice !
$4.75 billion worth of loans were handed out on the last day that the law allowed for financial backing of alternative energy firms.
"Tell us why that last day, somehow, you had everything you needed and you didn't have it over a period of time before?"that is "One of the questions we have for (Energy) Secretary (Steven) Chu."
"The request was, they have a loan application and would you please give them a yes or no," he said. "There's a big difference between sending a letter in for an existing pot of money for a program I voted against and having the ability to actually pick winners or losers, which we don't have."
Kaiser said he did not intervene on Solyndra's behalf.Several of the president's biggest backers have been tied to Solyndra, including George Kaiser, a big investor in Solyndra and a big fundraiser for the president.
There should be an investigation done to kid of clear the air here, don't you think ?
YOURS IN LIBERTY ! ! !
Bob Yeager
According to Rep. Darrell Issa R-CA, chairman of the House Oversight and Government Relations Committee, the administration's approval of a loan guarantee for solar power company Solyndra -- which went belly up shortly after a half-billion dollar investment by the federal government -- is just one example of a "breach of protocol" in approving loans.
That loan literally stinks on ice !
$4.75 billion worth of loans were handed out on the last day that the law allowed for financial backing of alternative energy firms.
"Tell us why that last day, somehow, you had everything you needed and you didn't have it over a period of time before?"that is "One of the questions we have for (Energy) Secretary (Steven) Chu."
"The request was, they have a loan application and would you please give them a yes or no," he said. "There's a big difference between sending a letter in for an existing pot of money for a program I voted against and having the ability to actually pick winners or losers, which we don't have."
Kaiser said he did not intervene on Solyndra's behalf.Several of the president's biggest backers have been tied to Solyndra, including George Kaiser, a big investor in Solyndra and a big fundraiser for the president.
There should be an investigation done to kid of clear the air here, don't you think ?
YOURS IN LIBERTY ! ! !
Bob Yeager
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