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Oh My: Emails Show White House Closely Monitored Huge Taxpayer Loan To Solyndra, Ignored Its Own Analysts Warnings The Company Was a Mess…

Why is ABC the only MSM news outlet doing any serious reporting on this? Oh yeah, the president’s name isn’t Bush and the company’s name isn’t Halliburton.

(ABC News) — Newly uncovered emails show the White House closely monitored the Energy Department’s deliberations over a $535 million government loan to Solyndra, the politically-connected solar energy firm that recently went bankrupt and is now the subject of a criminal investigation.

The company’s solar panel factory was heralded as a centerpiece of the president’s green energy plan — billed as a way to jump start a promising new industry. And internal emails uncovered by investigators for the House Energy and Commerce Committee that were shared exclusively with ABC News show the Obama administration was keenly monitoring the progress of the loan, even as analysts were voicing serious concerns about the risk involved. “This deal is NOT ready for prime time,” one White House budget analyst wrote in a March 10, 2009 email, nine days before the administration formally announced the loan.

“If you guys think this is a bad idea, I need to unwind the W[est] W[ing] QUICKLY,” wrote Ronald A. Klain, who was chief of staff to Vice President Joe Biden, in another email sent March 7, 2009. The “West Wing” is the portion of the White House complex that holds the offices of the president and his top staffers. Klain declined comment to ABC News.

Beginning in March, ABC News, in partnership with the Center for Public Integrity’s iWatch News, was first to report on simmering questions about the role political influence may have played in Solyndra’s selection as the Obama administration’s first loan guarantee recipient. Federal auditors had flagged the loan, saying some applicants had benefitted from special treatment.

Posted by ZIP on Tuesday, September 13, 2011, at 7:59 pm | Like Tweet

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37 comments
  1. Ricky says:
    September 13, 2011 at 8:04 pm

    Hmm, Sounds like picking winners and losers to me..

    Where have I heard that before??

    Oh Yes, Obama himself…

  2. Sentinel says:
    September 13, 2011 at 8:05 pm

    And the Republicans are doing……what?

  3. Smokey says:
    September 13, 2011 at 8:08 pm

    These people want more of your money..for the jobs you know…………..BULLSHIT! Congress should not appropriate one dime to these crooks, criminals and theives..

  4. Ricky says:
    September 13, 2011 at 8:09 pm

    If they had a good product they would not need government help….

  5. vagabond trader says:
    September 13, 2011 at 8:10 pm

    As if this isn’t the commie playbook to the letter.Pickpocket the plebes until we scream then squeeze some more. A reckoning is afoot. Lets act dumb all you shocked amoral cong critters.

  6. big-pete says:
    September 13, 2011 at 8:12 pm

    Of course the loan was rammed through over objections. This administration did it to entire country (ObamaCare), why should the objections of a few analysts matter in this case?

  7. Smokey says:
    September 13, 2011 at 8:13 pm

    Gangsta in Cheif…

  8. Nothing up my sleeve says:
    September 13, 2011 at 8:13 pm

    I think it’s time to warm up that i word.

  9. Smokey says:
    September 13, 2011 at 8:15 pm

    The criminal investigation should be focused on the Obama admin.

  10. ironmaiden says:
    September 13, 2011 at 8:18 pm

    Lucky for the White House the Solyndra story is coming to light a lot faster than the gunrunning scandal they’re involved in. At least they won’t go to jail for Solyndra.

  11. Pat says:
    September 13, 2011 at 8:19 pm

    Wouldn’t it be nice if just 1% of that money got slipped into your pocket, for certain favors?

  12. sb says:
    September 13, 2011 at 8:21 pm

    Solyndra Solar – $550 million in guaranteed loans: Bankrupt

    Ivanpah Solar – $1.6 billion in guaranteed loans: Shut down by EPA

    Abengoa Solar- $1.2 billion in guaranteed loans: Future pending

    Something stinks here! Do I smell money laundering?

  13. Spurwing Plover says:
    September 13, 2011 at 8:22 pm

    Obama the head crook in the city of thieves

  14. Sickofobama says:
    September 13, 2011 at 8:23 pm

    CHECK OUT DRUDGE RIGHT NOW!

  15. willie2 says:
    September 13, 2011 at 8:25 pm

    every thing obama touches turns to shit, muzzie loving commie rat bastard shit.

  16. Arabianmoondog says:
    September 13, 2011 at 8:26 pm

    Hey Zip watch out for Obama’s new *Attack Watch* hurtful Obama *attacks* reporting site, LOL.

    The Empire will immediately send it’s horde of trolling *Tie Fighters* to any site *being mean* to Dear Leader, so everyone get ready…should be fun!

  17. vagabond trader says:
    September 13, 2011 at 8:26 pm

    @Sickofobama:

    lmao, a smear site supporting the commie that smears everyone else. Cannot make this sh*t up.

  18. Katherine says:
    September 13, 2011 at 8:28 pm

    So, Obama rewards his bundlers the way he rewards his union pals: with taxpayer cash. This is the Obama/Chicago way.

    He’s probably bewildered over why we might find it surprising or distasteful. To him its just doin’ business, course he didn’t want the public to be in on the game.

    @ironmaiden

    “At least they won’t go to jail for Solyndra”

    You wanna bet?

  19. Sickofobama says:
    September 13, 2011 at 8:32 pm

    vagabond:

    You don’t think it comes directly from the White House?

  20. vagabond trader says:
    September 13, 2011 at 8:32 pm

    R.I.C.O.

  21. kansas says:
    September 13, 2011 at 8:34 pm

    Can’t we just move on and pass this current country saving piece of………………….legislation.

  22. ironmaiden says:
    September 13, 2011 at 9:08 pm

    @sb – check out Steven Chu’s financial gift (read: your tax dollars) to the Genesis company/project. But get a barf bucket ready.

  23. Aeroman says:
    September 13, 2011 at 9:09 pm

    @Katherine

    As long as Holder is AG, yea, I’d bet….sorry to say.

  24. vagabond trader says:
    September 13, 2011 at 9:10 pm

    Sickofobama:

    Of course it does! Remember the fishy.gov site that lasted about a week? Send in smears about Ubamacare?

    http://www.foxnews.com/politics/2009/08/07/white-house-collect-fishy-info-illegal-critics-say/

  25. Mike says:
    September 13, 2011 at 9:10 pm

    Wait to see the panic in the whitehouse when the first executive flips.. Oh I can’t wait, you know these guys could do one day in the can the rats will flip

  26. Delaware Infidel says:
    September 13, 2011 at 9:36 pm

    Shut up! and eat your peas!

  27. Redwine says:
    September 13, 2011 at 9:52 pm

    The WH watches to make sure they’re dumping cash into Comrade Barry’s coffers.

  28. Anon says:
    September 13, 2011 at 10:31 pm

    The Solyndra $535 Million Green Energy Scandal In FNC Video, and ABC News Video!!!

    http://www.qubetv.tv/photos/detail/89176 (The Five-09-12-11-D)
    http://www.therightscoop.com/emails-obama-white-house-monitored-huge-loan-to-connected-firm/

    SAY NO TO GREEN ENERGY
    SAY NO TO GREEN ECONOMY
    SAY NO TO GLOBAL WARMING HOAX

  29. Maggie says:
    September 13, 2011 at 10:45 pm

    Anyone remember when the left/MSM went ape-shit over VP Dick Cheney’s “secret energy policy meeting”?

  30. Katherine says:
    September 13, 2011 at 11:48 pm

    @Aeroman

    Two words, “special prosecutor”, which, unfortunately must be requested by the DOJ. Damn!

    O.K…..but there are other avenues…I just can’t think of them at the moment. Aren’t there? I’ll have to go back to the Nixon years and take a look at what the Democrats were threatening Nixon with.

  31. Spurwing Plover says:
    September 14, 2011 at 12:25 am

    This is not the first enviromental rip-off there was the SAVE THE RAINFORESTS campaign back in the 1990s The greens can always count on suckers to send them money for some fake cuase

  32. Always On Watch says:
    September 14, 2011 at 6:32 am

    Where’s the GOP outcry on this???

  33. Jerry says:
    September 14, 2011 at 7:31 am

    “Why is ABC the only MSM news outlet doing any serious reporting on this? ”

    It’s because ABC has been on top of this story from the very beginning. They put their reputation on line, and will not be quite about this, even though the rest of the MSM will ignore it.

  34. WesternGal says:
    September 14, 2011 at 10:06 am

    This morning on Bill Bennett’s radio program I heard the Bush Administration turned down Solyndra’s request for funding – way to go Repubs!!

    God bless America, our troops, Israel, and fellow humans.

  35. CapnAngus says:
    September 14, 2011 at 10:12 am

    How much of the public’s money did Nixon give Halderman Ehrlichman & Liddy?

    Has anyone followed the stink pipe to see where the money comes out after flushing?

  36. fubar says:
    September 14, 2011 at 10:14 am

    I don’t think that there is enough paper on earth to be able to write down all the corrupt deals/goingson/crimes that this administration has perpetrated on our great nation.

  37. oilfield7550 says:
    September 14, 2011 at 11:51 am

    This totally corrupt administration continues to waste We The People’s money in the belief it is theirs.

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