Does anyone really believe that the $535 million of the tax payer guaranteed money is the only crony, fraudulent lending done with the reported $25 billion dollars of tax payer largesse?
Steve Spinner, who helped monitor the Energy Department's issuance of $25 billion in government loan guarantees to renewable energy projects, was one of Obama's top fundraisers in 2008 and is raising money for the president's 2012 reelection campaign.
I’ve created a little image I’d like to share with you. If you like it, share it.
Yours In Truth Shelly
Those of us from Chicago know exactly what the Solyndra scandal smells like. And It doesn't smell fresh and green.
President Barack Obama tours the Solyndra solar panel company plant in Fremont, Calif., last year. Solyndra, which got a $535 million government-backed loan, recently went bankrupt. (Paul Chinn, Getty photo / September 18, 2011)
September 18, 2011
The Solyndra scandal cost at least a half-billion public dollars. It is plaguing PresidentBarack Obama. And it's being billed as a Washington story.
But back in Obama's political hometown, those of us familiar with the Chicago Way can see something else in Solyndra — something that the Washington crowd calls "optics." In fact, it's not just a Washington saga — it has all the elements of a Chicago City Hall story, except with more zeros.