November 15th, 2011
05:03 PM ET
9 years ago
Solyndra was asked to delay layoffs until after 2010 vote
Washington (CNN) - The Department of Energy last year urged struggling solar energy company Solyndra to delay announcing planned layoffs until after the November 2010 elections, according to a report made public Tuesday by Republican congressional investigators.
Solyndra, which had received $535 million in federal loan guarantees in 2009, later declared bankruptcy.
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Obama and his Socialistic administration are up to their necks in complicity! This is yet another disgusting example of Government's disregard for the Taxpayer's hard earned dollars! One and done for this Loser!
The mid-term congressional elections took place on November 2, and the next day, Solyndra announced it was shutting down some operations and laying off workers.
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Too bad Obama and Biden couldn't get enough Taxpayer dollars into Solyndra hands to put off the shutdown until after November 2012. This will hurt Democrats. American taxpayers are not pleased when politicians try to dupe us.
This is all they have against the Administration ? This is some kind of joke, right !? I can imagine the frustration of the Republican "investigators" in front of this incredible shrinking case.
Hold off because the blame would fall on the Obama administration when in fact Solyndra started from Bush's term.
@ Benedict: Nevermind, I forgot that you don't pay any taxes. That's why the Solyndra debacle doesn't matter to you!
All you have is that someone, we don't know exactly who, said that you should hold off on the layoffs until November 3rd? Is that the big smoking gun? The sign of a massive conspiracy?
lol image that. More liberal under the table tactics.
1ns1te "Hold off because the blame would fall on the Obama administration when in fact Solyndra started from Bush's term."
You're missing the point. It became clear that the investment was a bad one well into the Obama's term. You know, AFTER he appeared on TV at the company as he was promoting the loan program. Emails and memo's clearly showed that the company was no longer viable for the loan, yet it went ahead anyway. There is no good way to paint this, nor is it reasonable to deflect the blame to the GOP. This was a terrible waste of taxpayers dollars any way you look at it.
Do we need to bring up the sweet deals BUSH & Dick gave to Halliburton and others during the Iraq War???????????
Billions were giving to Halliburton...... interesting how the GOP forgets about this!
1ns1te
Hold off because the blame would fall on the Obama administration when in fact Solyndra started from Bush's term.
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The only difference is that President Bush heeded the advice saying Solyndra was headed for financial trouble. Obama at the time was flyin' high on his historic 2008 victory and pushed back hard to get the guarantee through.
You'd think that if 60 mins could report That Iraq and the no bid contracts would make AMERICA see through the whole "see through" actions and send those involves to prison.....thats not how things go here.....no,its not!. Here, we look at a buch of people & let them keep misleading us, whi.le making money hand over foot!
The comment blaming Bush for this mess illustrates how some are blinded by their own party politics. Happens on both sides of the political spectrum. While the loan process began under the Bush administration, it was not approved but was still in the review process. It was then quickly aproved under the Obama administration. Was it mere coincidence that this was approved quickly and that the owner of this company was also a big fund raiser for Obama? Who knows, but it does appear like a dirty deal was made with all of our money (not the governments). Do your own research into this and other matters and you will see the corruption that surrounds this administration. Just because they talk it doesn't mean they walk it. I guess the promise of Change was kept. A Change from bad politics to even more corrupt politics. That doesn't mean we give up and stay home in 2012. But a real change is needed. Vote what is best for America not what the party tells you to do.
I don't understand what the big deal is. The teapublikans under the shrub bankrupted the country and the only thing they can come up with to go after the President is some solar company that failed? As much as I try to keep up with what is going on in the US and the world I had never heard of Solyndra.
I think the US should get in touch with the German government to find out how their solar panels company in a country so small compared to the US is profitable. Which brings me to . . . . . how many other companies are thriving? Yeah, right. I guess that doesn't count. How can we give Obama crediti for anything good (somali pirates/captain rescued, us car manufacturers, killing bin laden).