At least, that’s what I’m calling it. It’s just that there are so many scandals to choose from: Pigford, Fast & Furious, etc. ad nauseum. But the one he should be tagged with is Solyndra. Say it with me: SOLYNDRA.
What the hell is Solyndra? A manufacturer of solar panels touted by Teh Prez as being a sterling example of what public-private partnership can do in creating “green jobs.” Yeah, well the only green in this story is the cargo-ship-sized mounds of public money squandered on another bullshit environmental fetish project run by tied-in Obama cronies. Remember the Left during the Bush/Cheney years always screaming “BushCheney! Halliburton!! Eleventy!! 11!!” Halliburton were a bunch of pikers compared to this crowd.
1. Recipient of nearly a half billion in low interest (try 1.374% to 1.731%) taxpayer-backed Federal government loans. 2. Company now in Chapter 11 bankruptcy. 3. Major billionaire investor in company was a major Obama campaign fundraising bundler. 4. Neither the Treasury Dept. nor the Office of Management and Budget will provide Congressional investigators with requested documents concerning the loans and how Solyndra obtained them.
Nothing to see here; move along.
Read the whole story at Verum Serum.
This is crony capitalism at its most disgusting. Say the word loud and long: SOLYNDRA, Obama’s Watergate. Say it often enough, and maybe it’ll get some traction.
UPDATE: Solyndra raided by the FBI. This just gets better and better.