Elections Have Consequences: Bush Administration Rejected Solyndra Loan
Worser and worser:
The White House also noted to ABC News that the Bush administration was the first to consider Solyndra's application and that some executives at the company have a history of donating to Republicans. The results of the Congressional probe shared Tuesday with ABC News show that less than two weeks before President Bush left office, on January 9, 2009, the Energy Department's credit committee made a unanimous decision not to offer a loan commitment to Solyndra.
The geniuses in the Obama administration don't seem to realize just how damaging this is to their case. Put the Bush DOE rejection of Solyndra together with the emails that broke last night:
The August 2009 e-mails, released toThe Washington Post, show White House officials repeatedly asking OMB reviewers when they would be able to decide on the federal loan and noting a looming press event at which they planned to announce the deal. In response, OMB officials expressed concern that they were being rushed to approve the company’s project without adequate time to assess the risk to taxpayers, according to the e-mails, which were provided by Republican congressional investigators…
And you have a true scandal that reaches directly into the Obama White House, and which clearly fits into the overall Obama "green" agenda. The main question demanding an answer now is, What did the president know and when did he know it?
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