- Gov. Rick Perry: ‘It’s not a dare, it’s a promise’; Texas will fight BLM
- Howard Dean cheers Obama’s approach to Russian aggression
- Sen. Elizabeth Warren’s childhood nickname? ‘The Surprise’
- Democrat Grimes backs Keystone XL pipeline in Kentucky Senate race
- China spends for 17 new warships as U.S. cuts back military
- In Japan, Obama plays soccer with a robot and warns students of climate change
- FDA proposes ban on e-cigarette sales to minors
- Wyoming gas plant explosion sends entire town fleeing
- Aborted fetuses from British Columbia incinerated in Oregon plant to make electricity
- Motolotov cocktail thrown a Brooklyn mini-mart
By Andrew P. Napolitano
Obama's veil of secrecy is pierced
Topic - Solyndra Inc.
A top White House adviser received clear notice that solar panel maker Solyndra Inc. faced a "severe liquidity crisis" even before a controversial restructuring allowing investors to recoup money from the now-bankrupt company before taxpayers, documents released Thursday show.
The top GOP aide to a House committee investigating Solyndra Inc. once worked for a lobbying firm that helped the now-bankrupt solar-panel company apply for a half-billion-dollar federal loan.
The Obama administration will continue its push for solar energy despite growing controversy over a $528 million loan to a now-bankrupt California solar panel maker, Interior Secretary Ken Salazar said Wednesday.
U.S. taxpayers risk losing more than a half-billion dollars from the collapse of solar-panel maker Solyndra Inc., but former Massachusetts Gov. William F. Weld and his associates stand to earn a windfall in fees representing the bankrupt company in coming months.
The Obama administration's eagerness to deliver economic stimulus may have influenced a federal review of a loan to a now-bankrupt solar panel manufacturer, a move that may have left taxpayers on the hook for a $528 million debt, House Republicans said Wednesday.
Vanquished Republican presidential candidate Tim Pawlenty endorsed Mitt Romney on Monday, calling the former Massachusetts governor the candidate who "possesses the unique qualifications to confront our severe economic predicament."
Would you buy a used car from Barack Obama? Or would you want him managing your 401(k) investment retirement plan at work?
President Obama made a high-profile visit in May 2010 to Solyndra Inc., a solar-panel manufacturing plant in Fremont, Calif. The company received $535 million in loans from the Energy Department and was a centerpiece of the Obama administration's economic stimulus effort. "Companies like Solyndra are leading the way toward a brighter and more prosperous future," Mr. Obama chirped. On Wednesday, Solyndra closed its corporate headquarters, announced that it's filing for bankruptcy and laying off 1,100 workers.
President Obama now claims there's only $2 billion he can cut out of this year's $3.6 trillion in federal outlays. He's not looking very hard. The administration's trillion-dollar "stimulus" spending spree spread millions in U.S. taxpayer dollars around places like the president's boyhood home, Indonesia. Money that stayed within the country often wound up in the hands of debt-riddled, fly-by-night firms. This week, the White House continued to stonewall attempts to get to the bottom of where our money has been going.