
By Dean Clancy
Budget voters are first chapter in victory over eternal budget deficits
Independent voices from the TWT Communities

The former Treasury Department official who oversaw a review of the Obama administration's energy loan program on Tuesday defended the decision not to review bankrupt Solyndra LLC as part of his audit.

House Republicans accused the White House on Thursday of stonewalling a congressional probe into the failed $535 million loan guarantee to bankrupt solar panel maker Solyndra LLC, and threatened to issue subpoenas later this month to secure interviews with "key administration staff."

Fast running out of money, solar-panel maker Solyndra LLC last summer sold off nearly $60 million worth of inventory for less than $20 million in cash to a newly formed corporate entity closely tied to the company's biggest investors, records show.

President Obama said in his State of the Union address that one of the American values that must be reclaimed is "an economy where everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same set of rules." For three years, he and his political allies have been undermining this vision. They see government as a means of rewarding their friends and punishing their enemies. For the Obama circle, rules apply only to other people.

Disturbing revelations continue to emerge about how more than half a billion dollars of taxpayer dollars were shoveled into the Solyndra solar-panel boondoggle. It is becoming increasingly clear that the only "green" involved in this scandal is money.

House Republicans accused the White House Thursday of blocking the release of documents on the failed half-billion loan to solar panel maker Solyndra LLC, the California company once hailed as a darling of the stimulus program.

A California solar panel manufacturer that received a half-billion-dollar loan from the federal government before declaring bankruptcy says it's been unable to attract much interest from buyers willing to take over its operations.

Department of Energy Secretary Steven Chu denied playing politics in his handling of a failed half-billion-dollar loan to solar panel maker Solyndra LLC, days after newly released emails showed his department sought to delay bad news about the company until after the 2010 mid-term elections.

The Department of Energy pushed "very hard" for failed solar panel maker Solyndra LLC to delay announcing layoffs until after the Nov. 2, 2010, midterm elections, contradicting claims that politics played no role in the administration's handling of the now-bankrupt company.
The White House is dismissing new email evidence in the Solyndra investigation as trumped-up and "cherry-picked."

New developments in the congressional probe into failed solar panel maker Solyndra LLC shed light on what Republicans are calling the close relationship between the White House and an Oklahoma billionaire donor whose foundation was deeply invested in the company.

Gambling is a risky proposition - but not when playing with loaded dice. That's what Solyndra's private investors were handed when the Energy Department guaranteed they'd have first dibs on compensation if the firm went belly up. This unfairly shifted the peril of investing in an uneconomical solar-panel scheme onto the backs of taxpayers. We're the ones stuck with the $535 million bill.

The top Republican and Democratic members of a House subcommittee investigating the collapse of bankrupt solar panel maker Solyndra LLC after it received more than a half billion dollars in federal loans agreed Friday to seek the testimony of Department of Energy Secretary Steven Chu.

The demise of Solyndra, the bankrupt solar panel company showered with more than a half-billion dollars in stimulus loans, exposes the fatal flaw of President Obama's jobs plans.

Out of the hundreds of out-of-work employees, vendors, investors and other creditors in the bankruptcy of government-backed solar-panel maker Solyndra LLC, one name stands out: the California Democratic Party.
Mr. Kaiser has said he played no part in helping Solyndra win the 2009 loan, but emails released earlier this month show that he discussed Solyndra with the White House on at least one occasion.
The former chief military prosecutor at Guantanamo Bay is suing the Library of Congress for firing him after he wrote opinion columns in two newspapers criticizing the Obama administration's decision to try some suspected terrorists with military tribunals.