Archive of posts tagged Energy Dept.

Obama’s Energy Department Ignored Treasury Warning on Legality of Solyndra Loan Restructuring

Obama Emanuel Chicagoland Solyndra Loan Restructuring Scandal

Obama Emanuel Chicagoland Solyndra Loan Restructuring Scandal

Before the Obama administration Energy Dept illegally restructured the Solyndra loan, to assure that Obama’s friends and supporters would be paid back BEFORE the U.S. Taxpayer, they were warned by Mary Miller, the assistant Treasury secretary, that doing so could be illegal, and urged Obama’s Energy Department to consult with the Justice Department before restructuring the Solyndra loan.

Obama and his Energy Department think that they are above the law though, and followed through with the restructuring anyway, without clearing the with the Justice Department.

We hope more info continues to come out, so that we can get to the bottom of how the $500 billion Solyndra loan deal, the loan restructuring, and also who in the Obama administration knew what and when. Unfortunately, most of the real damming evidence has probably already been destroyed by the Obama administration.

Either way, a Special Council should definitely be set up to investigate the Solyndra Scandal, and the corrupt Democrats who were involved, and who throw our money around to their friends, family, and supporters.…

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Obama Admin Ignored Warnings of Solyndra Problems BEFORE Payment of Loan

Now we learn that Obama was actually warned about the problems with the now bankrupt solar-panel company, Solyndra, BEFORE the $500 million loan was handed out!!

Obama chose to ignore the warnings though, and push through the loan, as a thank you payback to his major supporters, who were shareholders and executives in the failed solar-panel company.

For anyone who watches corrupt liberal media to get their news, here is some more info that you will not get from your stations.

Solyndra’s loan application was filed during President Bush’s term, but the Solyndra loan was denied by the Bush administration less than two weeks before Bush left office on January 9, 2009. As soon as Obama took office, his administration reversed the denial of the loan and put the ill-advised loan, which had thrown up many red flags that the Bush administration caught, but the Obama administration ignored, on a fast-track to receive the same loan that the Bush administration denied days before.

A Congressional probe shows that before President Bush left office, Bush’s Energy Department credit committee voted against …

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