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Thread: Investigators Probe White House Role in Massive Energy Loan

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    Re: Investigators Probe White House Role in Massive Energy Loan

    Quote Originally Posted by 1Perry View Post
    Illegal? Not likely. It was just another case like with the auto bail out where he put those who contribute to his campaign ahead of the taxpayers.
    Oh, I agree. I just wish he was alone on this. I think the system creates this more than the individuals do, which is why we have so much of this.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Investigators Probe White House Role in Massive Energy Loan

    Quote Originally Posted by donc View Post
    Lotsa luck on the straws that youíre grasping at, must be hell looking at Obama only polling 46% and the leading republican(perry) polling 39%.

    Gotta look at the timeline before you can get anything to stick. Loan guarantee was made in 09, audit in 2010. Notice the difference in market conditions in them two years?

    Some say(a famous fox news source) that there was a world of diff between them two years. Keep grabbing at what evidently looks like logs to you; in reality they are very small, straws.
    What straws? Bush's team shot down the loan App, Obama came and approved it, pushed it, forced it. Trying to claim this is a "bush thing" is the straw here, and you're making a fool of yourself trying defend Obama and Co on this one.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Investigators Probe White House Role in Massive Energy Loan

    Quote Originally Posted by MrVicchio View Post
    What straws? Bush's team shot down the loan App, Obama came and approved it, pushed it, forced it. Trying to claim this is a "bush thing" is the straw here, and you're making a fool of yourself trying defend Obama and Co on this one.
    You can always tell when mr v is posting bs,its when he states his opponent is looking foolish.

    Consider the following dates mr v, then tell me who,s looking foolish here.


    In July of 05, Bush signs the Energy Policy Act of 2005 into law, creating the 1703 loan guarantee program. Loan app made under the 1703 program in December of 06.

    In late 07 loan guarantee is funded “for $4 billion worth of loan guarantees from the U.S. Department of Energy.”


    Is this lame ass attempt what you’re hanging your hat on, when you say that bush tried to stop the app?

    (January 2009: In an effort to show it has done something to support renewable energy, the Bush administration tries to take Solyndra before a DOE credit review committee just one day before President Obama is inaugurated. The committee, consisting of career civil servants with financial expertise, remands the loan back to DOE because it wasn't ready for conditional commitment.)

    One ****en day before January 20, 2009, Obamas inauguration day, when the loan guarantee was approved in 07.


    (March 2009: The same credit committee approves the strengthened loan application. The deal passes on to DOE's credit review board. Career staff (not political appointees) within the DOE issue a conditional commitment setting out terms for a guarantee.)

    Surprise, surprise,the same people that approved it the first time re-approved it.
    Last edited by Donc; 09-17-11 at 07:58 PM.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Investigators Probe White House Role in Massive Energy Loan

    Quote Originally Posted by donc View Post
    You can always tell when mr v is posting bs,its when he states his opponent is looking foolish.

    Consider the following dates mr v, then tell me who,s looking foolish here.


    In July of 05, Bush signs the Energy Policy Act of 2005 into law, creating the 1703 loan guarantee program. Loan app made under the 1703 program in December of 06.

    In late 07 loan guarantee is funded “for $4 billion worth of loan guarantees from the U.S. Department of Energy.”


    Is this lame ass attempt what you’re hanging your hat on, when you say that bush tried to stop the app?

    (January 2009: In an effort to show it has done something to support renewable energy, the Bush administration tries to take Solyndra before a DOE credit review committee just one day before President Obama is inaugurated. The committee, consisting of career civil servants with financial expertise, remands the loan back to DOE because it wasn't ready for conditional commitment.)

    One ****en day before January 20, 2009, Obamas inauguration day, when the loan guarantee was approved in 07.


    (March 2009: The same credit committee approves the strengthened loan application. The deal passes on to DOE's credit review board. Career staff (not political appointees) within the DOE issue a conditional commitment setting out terms for a guarantee.)

    Surprise, surprise,the same people that approved it the first time re-approved it.
    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."

    If the first consideration of Solyndra came during the presidency of George W. Bush, that means that the application for the loan guarantee came after the Energy Policy Act of 2005 was passed. Clearly, this type of loan guarantee program was not a Bush Depratment of Energy (DOE) priority. The fact that Solyndra submitted a loan application does not mean the Bush White House or DOE approved the program or did more than accept the application and shuffle the paperwork a bit. And the DOE emails mentioned above appear to confirm that is all that happened.

    It only became a White House priority after Obama took office. As the same ABC news report above goes on to note, "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."

    But the Obama White House's attempt to blame the Solyndra mess on the previous administration underscores how opportunistic and selective they've been when it comes to crediting Bush. Note that while the effort to take out Osama bin Laden began under the Bush administration, that point was not mentioned when the president took credit for it, even though it was a Bush priority and major efforts were directed at the effort.

    With Solyndra, however, it's being associated with Bush even though all they did was have an ineffectual bureaucracy that accepted proposals from anyone who submitted them.
    Weekly Standard: Solyndra Debacle? Blame Bush : NPR


    Reality is not on your side.
    Last edited by Renae; 09-17-11 at 11:24 PM.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Investigators Probe White House Role in Massive Energy Loan

    Quote Originally Posted by MrVicchio View Post

    Thatís it? All you have, is an opinion piece from the Weekly Standard? I didnít see anything other than an opinion of some hack by the name of Mark Hemingway; Cool name though.

    His opining doesnít carry any more weight than yours does without back up. Go back to grasping for straws, maybe something will come floating by that you can get a grip on, this non- case sure as hell isnít it.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Investigators Probe White House Role in Massive Energy Loan

    Quote Originally Posted by The Barbarian View Post
    You know what ?? I just want a higher grade of politician Ö. this goes on all the time, in both parties, but damn, when you get it as blatant as this Ö.. well it just makes one wonder how stupid are the officials we elect ?? Or is it that they just think the public is so stupid they can't add 2+2 ?? Hmmm well seeing they have one here deflecting this by pointing the the defense budget items .. I guess maybe they do.
    They believe the public is stupid, and they are right. They have no reason to believe otherwise.

    When the public elects to the highest office in the land (and what once was the highest office in the world) someone with no real experience and few campaign ideas apart from "Hope and Change", the tired cliche all politicians use in various forms, then they are no longer a serious people.

    They are going the way of Greece, though in America's case, even more rapidly.

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    Re: Investigators Probe White House Role in Massive Energy Loan

    Quote Originally Posted by donc View Post
    That’s it? All you have, is an opinion piece from the Weekly Standard? I didn’t see anything other than an opinion of some hack by the name of Mark Hemingway; Cool name though.

    His opining doesn’t carry any more weight than yours does without back up. Go back to grasping for straws, maybe something will come floating by that you can get a grip on, this non- case sure as hell isn’t it.
    It's more than just opinion, It also supplies a time line.

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    Re: Investigators Probe White House Role in Massive Energy Loan


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    Re: Investigators Probe White House Role in Massive Energy Loan

    love how everyone in this thread is ****ting on the MSM for not reporting on this, then citing MSM sources....The story is out there people, just look for it.

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    Re: Investigators Probe White House Role in Massive Energy Loan

    While Americans will fight back and forth over whose fault it was that all these millions were lost and a scam obviously committed, there apparently are fewer Americans who question why they are giving out taxpayers money to any private companies in the first place.

    Technological advancement and invention were once done by private American enterprise, and there was nobody better at it in the world than Americans. Now politicians will actually boast how much they are giving to corporations and scam artists, and their supporters will urge them on with the apparent belief that throwing tax dollars at a problem will make it disappear.

    The American empire is collapsing at a far more rapid pace than the British Empire, but of course the Americans always had the reputation of doing everything in a big way.

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