Hmmm Solyndragate … FBI RAIDS SOLYNDRA, the Barack Obama Backed & Funded Green Energy Failure
Things that make you go Hmmm … Should we call this Solyndragate or Greengate?
The FBI raided the headquarters if Solyndra, a green energy company that was given more than $500,000 in federal stimulus funds and was praised by President Barack Obama as a leading green company of the future saying, “It’s here that companies like Solyndra are leading the way toward a brighter and more prosperous future”. Oops, once again Obama was horribly wrong as just last week Solyndra filed for bankruptcy. This could get dicey for Barack Obama as the Gateway Pundit opines, top Obama bundler George Kaiser, a principle investor in Solyndra, made multiple visits to the White House in the months before the company was granted a $535 million loan from the government.
FBI agents served search warrants this morning at Solyndra, the Fremont solar company that abruptly closed last week, two years after receiving more than $500 million in federal stimulus money, an agency official said.
The search is part of a joint investigation involving the FBI and the Department of Energy’s Office of Inspector General, said FBI spokeswoman Julianne Sohn, who declined to elaborate.
Wasn’t it just last week that famed predictor Alan Lichman said that Obama would win in 2012, one of the reasons he gained points was that there was no scandals in his Administration. SM pointed out the “Fast & Furious” scandal and I guess we might be able to add Solyndra into that category as well. As stated at Powerline, they refer to it as
the Solyndra bankruptcy was the green energy equivalent of Charles Keating/Lincoln Savings collapse in the S & L debacle of 20 years ago.
What do Obama know and when did he know it? What of those 20 visits by Solyndra execs to the White House. Hmm, quid pro quo?
Solyndra is a microcosm of Barack Obama and the economy. He plays favorites with companies and pushes his radical green agenda praising companies as the future … which ultimately go belly up and are raided by the FBI. Talk about the un-Midas touch. Do you think that Obama has learned his lesson that the government cannot prop up green energy technology and call it a success when its a failure? No, the NRO has more of Obama’s obsession with green jobs at all cost and be damned if they are sustainable or not. This is why this President is a failure … he lives in a different reality, one where success is not necessary.
Will this story have legs and how will the public perceive Barack Obama now that the FBI raid of Solybdra follows the “Fast & Furious” scandal? The squeaky clean image of Obama may now be tarnished as well.