Solyndra Update

Posted By lex, on December 26th, 2011

Partisans may have long suspected that the Solyndra fiasco had much more to do with politics than policy, but when the Washington Post piles on in concurrence, the goose is fairly cooked:

Meant to create jobs and cut reliance on foreign oil, Obama’s green-technology program was infused with politics at every level, The Washington Post found in an analysis of thousands of memos, company records and internal ­e-mails. Political considerations were raised repeatedly by company investors, Energy Department bureaucrats and White House officials.

The records, some previously unreported, show that when warned that financial disaster might lie ahead, the administration remained steadfast in its support for Solyndra

They show that as Solyndra tottered, officials discussed the political fallout from its troubles, the “optics” in Washington and the impact that the company’s failure could have on the president’s prospects for a second term. Rarely, if ever, was there discussion of the impact that Solyndra’s collapse would have on laid-off workers or on the development of clean-energy technology.

Well, those are just little people and little things.

It’s the power that counts. Political power, that is.

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Filed under Carroll "Lex" LeFon, Politics and Culture

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