Democrats think they are the party of the future. After a last hurrah for Republicans in this year’s midterm elections, Democrats will have a commanding majority at the polls as far as the eye can see. A rising tide of minority, young, female, and affluent liberal voters assures them of this. And perhaps it will.Read more
Will it turn out worse than Solyndra?:
As failed solar panel manufacturer Solyndra rides through the investigative ringer in Congress, revelations of another politically-connected company that received what appears to be a less-than-virtuous $1.2 billion loan guarantee are surfacing.
The company, SunPower, received its $1.2 billion loan guarantee in September, immediately before the program’s deadline.
New York Times: "As Scorn for Vote Grows, Protests Surge Around Globe"
Politico: "Defiant Team Perry's plan: Hit harder"Read more
Despite the repeated attempts to wish away the Solyndra scandal, it appears to be getting bigger. Today, the Los Angeles Times informs us key White House personnel raised concerns the Department of Energy loan program that gave Solyndra $535 million was poorly conceived and managed long before the solar panel manufacturer's bankruptcy:Read more
To find a metaphor for the failed Obama presidency, look no further than Solyndra. Before it went bankrupt, the solar panel manufacturer was more than the recipient of a $535 million loan guarantee from the federal government. It was the model for the White House effort to put the American economy on a “new foundation.”Read more
The Washington Post reports that the stimulus-backed Department of Energy loan guarantee program, which financed green energy companies like the failed solar energy start-up Solyndra and three projects for the Abengoa corporation, has created far fewer jobs than the Obama administration projected:Read more
Two big stories are out tonight on the blossoming scandal involving failed solar panel company and stimulus funds recipient Solyndra. First, the Washington Post reports that the White House pressured the Office of Management and Budget (OMB) to speed up the approval process for Solyndra's $535 million loan:Read more
Solyndra, the stimulus-backed green energy firm filing for bankruptcy, had a fairly cozy relationship with the Obama administration. The company's Fremont, California plant was the setting for a May 2010 speech by President Obama, where he touted the stimulus and its development of green manufacturing. Here's part of what the president had to say then (emphasis added):Read more
At his jobs address to a joint session of Congress next Thursday, President Barack Obama might want to skip any mention of his green jobs initiative. The Bay Area's NBC affiliate reports that a high-profile green start-up called Solyndra, which benefited from federal loans from the stimulus package, announced it would be filing for Chapter 11 bankruptcy:Read more
When even the New York Times is forced to confront reality, you know things are bad:Read more
“Sputnik” was not the only nostalgic moment in the State of the Union address. When President Obama called on Congress to “invest” in “clean energy breakthroughs” that would “translate into clean energy jobs,” he echoed every president since Nixon. In fact, President Obama himself made the same arguments two years ago, when he signed the stimulus bill.Read more
Type in your email
address to get started:
Thank you for signing up for the Jonathan V. last newsletter! You should receive your first newsletter very soon.
We're sorry, there was an error processing your newsletter signup.