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Old 01-27-2012, 04:37 PM
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wiphan wiphan is offline
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Join Date: Jun 2006
Location: Miller Park
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Quote:
Originally Posted by Riot View Post
Solyndra majority shareholder ownership is wealthy Republicans, like the Walton family.

And you have other facts omitted: The Bush administration approved the loan to Solyndra, trying to rush it through, but the Department of Energy said no, the documents submitted by Solyndra were not complete, what what was there didn't look good. That loan approval was held over until during the Obama administration before the loan documents were completed, then the DOE approved the loan based upon the updated documents.

The documents submitted by Solyndra to the DOE had lies included by the company to gain the loan, providing false information about the company not consistent with the reality.

It's hard to make a conspiracy theory up when all the facts are included.
Solyndra’s loan application was filed during President Bush’s term, but the Solyndra loan was denied by the Bush administration less than two weeks before Bush left office on January 9, 2009. As soon as Obama took office, his administration reversed the denial of the loan and put the ill-advised loan, which had thrown up many red flags that the Bush administration caught, but the Obama administration ignored, on a fast-track to receive the same loan that the Bush administration denied days before.

Do you know who George Kaiser is?
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