Thursday, September 15, 2011

[1729] SOLYNDRA?

First- I make no excuses for going ‘off’ on those last 3 posts. No- I’m human like everyone else- yes- my account was hacked! [Actually- after I thought about it for a minute- you know- just delete the post, or in Anthony Wieners case the picture- and then claim your were hacked- that does sound tempting].

But no- I’ll just quote another Jack Black line [remember- I quoted him from Nacho Libre the other day?]. This one comes from that intellectually stimulating comedy- Anchorman- the Legend of Ron Burgundy.

As Will Ferrell is driving down the highway he’s eating this giant burrito and he can’t finish the thing- so he tosses it out the window and it hits Jack Black in the face and he wipes out on his beloved Harley.

So Ferrell [Burgundy] stops to see if he’s all right- and Black takes Burgundy’s dog- Baxter- and punts him off the bridge.

Burgundy just stands there- he’s in shock- and as Black walks away he says ‘that’s the way I roll’ and that’s it.

So no mea culpa- my site is not for kids or the fainthearted- that’s just the way I roll.

Okay- what’s Solyndra? Yesterday I didn’t listen to any talk radio so when I flipped on the news I was surprised to see most of the news programs covering this scandal.

I usually don’t like to write a post until I read a few news paper articles first- but will make an exception and I’ll try to cover it from what I gleaned from the tube.

This company was a Solar panel co. that made cylinder type solar panels [thus the name- Solyndra]. These panels were actually expensive to make- but they were cheap to install so the investors took a risk [that proved bad] and invested in this green energy co.

Now- when this co. went bankrupt recently- the federal govt. began investigating how they got approved for a 500 million dollar tax payer loan- if they were such a high risk.

Under the Bush Administration the govt. began a program where green energy companies could get federal loans if they were shown to be good risks.

Solyndra applied for a loan under Bush- but all the newly released records now show that we deemed them a bad risk. The Energy dept. and other federal agencies that looked over the books said they were a no go for the loan.

Okay- within a few days after Obama became president- for some unknown reason [unknown until now] this loan was fast tracked- and approved.

All the recently released emails and memos show the administration putting pressure on the federal govt. insiders to make the loan.

You even have emails saying ‘what’s holding this up- we need this done!’ And the agency responding back ‘don’t rush this loan- this company is on the verge of going bankrupt’.

We now know that one of the biggest investors in this company is a major campaign bundler for Obama [he collects lots of money for Obama]. And this guy- Kaiser- did make lots of visits to the White House and it simply looks like Obama did a favor for one of his cronies and that’s why they gave this bad company the loan.

Now- all the emails released and the media reports [even from the big networks] showed you enough of a trail that it does look like this happened.

Why would the president do this? Look- lots of people are really not aware of the political crowd Obama came in with. Chicago politics is corrupt- has been for years. And Obama came to office with these guys all around him [Rahm Emmanuel being the head honcho].

So if they were all playing inside poker like this- you know getting one of your major money guys a special break- in the Chicago arena this is nothing. I mean those guys were chopping heads off horses and putting them in opponents beds [actually it was a dead fish that Rahm sent to a political opponent- for real!]

So doing a favor like this- getting a loan for a buddy- well he might have thought that was just a perk to being president.

Actually- if your caught manipulating the system for friends like this- well that’s gonna get you in major trouble.

Now- there is more to the story. When the govt. makes these loans- they have a special rule that’s says ‘if the company goes belly up- the tax payers get their money back first’.

For some ‘strange’ reason- as the Administration became aware that this friends company was going to indeed go bankrupt- they went and changed the loan and made this loan say ‘if you go bankrupt- the investors will get their money first- then the govt.’.

Now- they did not do this for any other loan- only this one.

So- the taxpayers are out half a billion bucks- and it does look like the president has involved himself in a huge scandal- one that will not go away.

And how did MSNBC cover this? Well they didn’t have time for trivial stuff like this- instead they covered Bachmann accusing Perry of forced cervical cancer vaccine injections on little Texas girls- and those girls becoming mentally retarded because of it.

Now- Bachmann has gone after Perry big time these last few days- she even exposed his lie about the Ponzi scheme thing ‘hey Perry- who is this Ponzi guy anyway? You had Fonzi- and Potsi- but there was no Ponzi!’ [Okay- stole it from Leno- but thought it was pretty good. To my younger readers- if I have to explain the thing it ruins it].

So all in all we will see how this thing goes. I don’t think there is much hope that this next year will be an above the board ‘we will talk nice about you’ type of campaign. No- it looks like it will be down and dirty. And if you throw what looks to be a real presidential scandal into the mix- well then we will be fighting big time for the next year.

It’s too early to condemn the president on this- but from what I saw [even on the major networks] it does seem to be a big deal- one that will not go away anytime soon.

One word of advice for the White House [I am on their official page you know]. Don’t be tempted to do the Anthony Weiner thing [you know- delete what you can and claim you were hacked]. No- my advice would be to take it like a man.

Pull a Jack Black if you must- do what needs to be done and end the day with ‘that’s just the way I roll’. It can’t hurt- well not too much.

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