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White House advised early Solyndra’s light was going dim

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posted on Aug, 2 2012 @ 07:30 PM
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White House advised early Solyndra’s light was going dim


We have heard some past scuttlebutt about Obama's connections to Solyndra.

This story is about some emails that suggest Solyndra had plans to sell their products to the Government.

I wonder how all the plans got derailed ??

Looks like somebody got their wires crossed


Washington Times -- Aug 2, 2012

‘Getting business from Uncle Sam’ was key for company

Finances had become so dire at Solyndra in the spring of 2010 as President Obama toured the federally-backed solar panel maker in California that company officials began viewing the government not just as a lender but as a customer big enough to lift the company out of a growing financial hole, according to documents.

“Getting business from Uncle Sam is a principal element of Solyndra’s channel strategy,” one investor wrote in an email months after Mr. Obama’s May 2010 tour of the now-bankrupt company, according details of an investigative report Thursday by Republicans on the House Committee on Energy and Commerce.

The now bankrupt company’s founder, Chris Gronet, “spoke very openly to Obama about the need for installation of Solyndra’s rooftop solar panels on U.S. government buildings,” Tom Baruch, founder of CMEA Capital, an investor, wrote to another Solyndra official. ...[continues]
White House advised early Solyndra’s light was going dim

...... informative 3-page article

Corruption Gone Wrong ?





edit on Aug-02-2012 by xuenchen because:





posted on Aug, 2 2012 @ 07:34 PM
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he was a crappy businessman, that's why his business failed.

he wanted the easy way out, giant government contracts where he could supply his product at huge mark ups.

instead of actually working hard to make solar panels affordable and efficient that they are a cheaper alternative to electricity.



posted on Aug, 2 2012 @ 07:39 PM
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Originally posted by randomname
instead of actually working hard to make solar panels affordable and efficient that they are a cheaper alternative to electricity.



A swat team will be on your roof shortly.



posted on Aug, 3 2012 @ 08:21 AM
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Solyndra was a mess back when the Bush Administration was on the verge of signing over a check to them. They realized that and pulled the plug or quickly opened a bottle of White Out. They first applied for DOE loans back in 2006.

www.abovetopsecret.com...


Yesterday, ABC News dropped the bombshell that Bush era Energy auditors actually nixed the loan as unsound, and that Obama OMB staffers raised similar concerns upon their own evaluation. The White House's political team seemed to disagree, putting the deal on a "fast track." Mere days later, the massive government loan to the unstable "green" poster-child -- backed by major Obama donor cash -- was fortuitously approved.

www.abovetopsecret.com...

This mess is all Obama. He had bundlers to pay back!!! and glaringly ignored all previous warnings to avoid Solyndra.

Emails revealed direct WH link to Solyndra
www.abovetopsecret.com...

Obama needs to be held to HIS RECORD of failure, corruption and pure ignorance and lack of stewardship of taxpayer money.




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