Sunday, September 11, 2011

ABC: Did DOE miss obvious warning signs of the Solyndra troubles

ABC News was quoted in blog:

Until two weeks ago, the Obama administration held out Solyndra as a model for its green energy program, which was devised to create jobs and spur investment in cleaner sources of energy. President Obama personally visited the Solyndra plant last year, and his Energy Department made it the first to win approval of a federal loan guarantee. The $535 million federal investment enabled the company to build a sprawling manufacturing facility.

The blog noted:

For Republicans, Solyndra is a made-to-order scandal. It symbolizes President Obama’s infatuation with his silly liberal idea (“green jobs”), his crony capitalism and his general ineptitude.

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