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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