The Obama administration restructured a half-billion dollar federal loan to a troubled solar energy company in such a way that private investors — including a fundraiser for President Barack Obama — moved ahead of taxpayers for repayment in case of a default, government records show. Yep, we plan on keeping a spot light on Solargate. One that is, unfortunately for the President, not powered by Solyndra tech.
This post was last modified on January 26, 2021
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An Associated Press review of regulatory filings shows that Solyndra was hemorrhaging hundreds of millions of dollars for years before the Obama administration signed off on the original $535 million loan guarantee in September 2009.
Interesting! How did they come up with that number, 1 million for each member of congress?
Well this is a shock! NOT!
If a spotlight were "powered" by Solyndra tech, it wouldn't be a spotlight anymore, it would be a paperweight.