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Originally Posted by wiphan
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.
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Denied by the DOE. Not the administration.
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As soon as Obama took office, his administration reversed the denial of the loan and put the ill-advised loan,
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No, they did not. Solyndra was still in the process of submitting additional documents, and the administration had to wait until DOE got those additional documents - which had fake information submitted by Solyndra - for the approval to go through.
The administration had to wait on DOE. DOE approved the loan based upon the merits of the application - which Solyndra lied upon to get the loan.
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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.
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No. The above is only the false coloring of the anti-Obama conspiracy theorists. The regular, lifetime government workers in the DOE caught the red flags during the Bush administration, and approved the loan based upon the falsified documents under the Obama administration. The executive branch does not approve these loans.
The change of administrations was merely coincidental, not the massive conspiracy you and others believe.
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Do you know who George Kaiser is?
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Yes, he was one of the stockholders of Solyndra. Can you name the other, major Republican stockholders of Solyndra? Aside from the Walton Family? Why do you ignore that the majority ownership of Solyndra were big money Republican donors?
Can you see why the "Obama Solyndra Scandal" has only taken hold within the Obama Derangement Syndrome folks? Because the accusation of "scandal" doesn't stand up to any superficially intelligent review of the facts surrounding the case. Which everyone else figured out as soon as the alleged "scandal" was first revealed. But that never stops a dedicated wingnut.