Tag Archives: Obama

E-mails show that Democrats were about to approve a second loan to Solyndra

Federal subsidies per unit of electricity
Federal subsidies per unit of electricity

From the Washington Post – e-mails reveal that the Obama administration was planning to approve a second green jobs loan for Solyndra, just as they were going bankrupt.

Excerpt:

Newly released e-mails show the Obama administration’s Energy Department was poised to give Solyndra a second taxpayer loan of $469 million last year, even as the company’s financial situation grew increasingly dire.

The department was still considering providing the second loan guarantee to the solar-panel manufacturer in April and May 2010, at a time when Solyndra’s auditors were already warning that the company was in danger of collapsing.

Details of the plan are revealed in e-mails released this week by Democrats on the House Energy and Commerce Committee, which is investigating the original loan. On Wednesday, the probe intensified as committee Republicans requested that the White House provide all documents, dating back to President Obama’s inauguration, that would show communications between staff members and other officials regarding Solyndra’s original $535 million federal loan guarantee.

Republican leaders said that documents obtained in recent weeks show that Obama’s “closest confidantes” monitored the loan, and that his campaign donors offered advice on the company.

“Documents reveal a startlingly cozy relationship between wealthy donors and the president’s confidantes, especially in matters related to Solyndra,” Cliff Stearns (R-Fla.), chairman of the committee’s investigations panel, said in a statement.

E-mails already made public in the eight-month investigation have kept the White House and the Energy Department on the defensive for weeks, showing in part that Valerie Jarrett and Lawrence H. Summers, top Obama advisers at the time, took part in discussions about Solyndra.

The Energy Department provided Solyndra with its first taxpayer-backed loan guarantee in September 2009. Documents released this week show that White House career staffers, who first questioned the loan that fall, by April 2010 were using gallows humor to describe the prospect of giving Solyndra a second round of help. That spring, industry analysts were publicly questioning how the Silicon Valley start-up could be spending cash so quickly from the federal loan and $933 million in private capital.

I got the above story from Powerline blog, and they noted something else interesting.

Excerpt:

In related news, the Inspector General of the Department of Labor released a report on the $500 million green jobs training program that was part of the original “stimulus” act. The IG’s findings are not pretty:

ETA and grantees have reported achieving limited performance targets for serving and placing workers. Grantees have reported serving 52,762 (42 percent) of the targeted 124,893 participants with 61 percent of training grant periods having elapsed, and have reported placing 8,035 participants (10 percent) into employment out of the target of 79,854 participants 17 months after the grants were awarded. Of the 52,762 participants served, grantees reported that 20,818 (39 percent) were individuals who already have jobs and enrolled in training in order to retain their jobs, obtain new work, or otherwise upgrade their skills. In addition, according to interviews conducted early in 2011 with regional officials, grantees have expressed concerns that jobs have not materialized and that job placements have been fewer than expected for this point in the grant program.

“Jobs have not materialized”? Really? This is no surprise to anyone who understands what a boondoggle the whole “green jobs” initiative is. The report’s grimmest finding relates to job retention: the forecast for the training program was that 69,717 trainees would find jobs lasting for at least six months. So far, the actual number is 1,336. Sure, as time goes by some additional trainees may hit the six-month mark, but as of the time period covered in the report, only 6,662 had found jobs at all. With over 60% of the grant period gone by, only one-third of the amount allocated has been spent by the grantees.

Is this what Obama means by “economic stimulus”? I think that “stimulus” might be the word that Democrats use to mean “paying off the people who get you elected with taxpayer money”.

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Did attorney general Eric Holder lie to Congress about gun sales to drug cartels?

On the Laura Ingraham show, CBS News reporter Sharyl Attkisson explains the latest about the Obama administration plan to oversee the sale of 2,000 guns to Mexican drug cartels – some of them extremely dangerous, like the Barrett M82 sniper rifle that can hit targets a MILE away. (H/T Kelly)

Excerpt:

Today, CBS News reporter Sharyl Attkisson was on the Laura Ingraham show to discuss new documents that show Attorney General Eric Holder was briefed about Operation Fast and Furious as early as July 2010, which contradict Holder’s Congressional testimony on May 3 when he said, “I’m not sure of the exact date, but I probably heard about Fast and Furious for the first time over the last few weeks.”

Attkisson revealed that she had been yelled and screamed at by the Justice Department and White House spokesmen for asking about what Holder knew and when he knew it.

1:31 – In between the yelling that I received from Justice Department yesterday, the spokeswoman–who would not put anything in writing, I was asking for her explanation so there would be clarity and no confusion later over what had been said, she wouldn’t put anything in writing–so we talked on the phone and she said things such as the question Holder answered was different than the one he asked. But he phrased it, he said very explicitly, ‘I probably heard about Fast and Furious for the first time over the last few weeks.’

6:05 – Laura: So they were literally screaming at you?
Attkisson: Yes. Well the DOJ woman was just yelling at me. The guy from the White House on Friday night literally screamed at me and cussed at me. [Laura: Who was the person? Who was the person at Justice screaming?] Eric Schultz. Oh, the person screaming was [DOJ spokeswoman] Tracy Schmaler, she was yelling not screaming. And the person who screamed at me was Eric Schultz at the White House.”

7:33 – Laura: Do we know the exact number [of guns] that went over to Mexico?
Attkisson: We know more than 2,000 in Fast and Furious and I will soon be reporting on the fact that that is not the only case. 2,000 for that operation according to the agents involved.

8:28 – …It is sort of a drip, drip. And I’m certainly not the one to make the case for DOJ and White House about what I’m doing wrong. They will tell you that I’m the only reporter–as they told me–that is not reasonable. They say the Washington Post is reasonable, the LA Times is reasonable, the New York Times is reasonable, I’m the only one who thinks this is a story, and they think I’m unfair and biased by pursuing it.

How has the Obama Justice decided to handle reporters inquiring about this lethal operation? They have denied access to, lied and yelled at reporters.

Fox News reports that the Republicans are requesting a special counsel to investigate Eric Holder’s connection to the Fast and Furious scandal.

Excerpt:

House Republicans are calling for a special counsel to determine whether Attorney General Eric Holder misled Congress during his testimony to the House Judiciary Committee on Operation Fast and Furious, Fox News has learned.

House Judiciary Committee Chairman Lamar Smith, R-Texas, was sending a letter to President Obama on Tuesday arguing that Holder cannot investigate himself, and requesting the president instruct the Department of Justice to appoint a special counsel.

The question is whether Holder knowingly made false statements of fact under oath during a Judiciary Committee hearing on May 3. At the time, Holder indicated he was not familiar with the Bureau of Alcohol, Tobacco, Firearms and Explosives program known as Fast and Furious until about April 2011. 

“I’m not sure of the exact date, but I probably heard about Fast and Furious for the first time over the last few weeks,” Holder testified.

The Department of Justice defended Holder in a statement Tuesday.

“The Attorney General’s testimony to both the House and the Senate was consistent and truthful,” it read. “He said in both March and May of this year that he became aware of the questionable tactics employed in the Fast and Furious Operation in early 2011 when ATF agents first raised them publicly, and at the time, he asked the Inspector General’s office to investigate the matter.”

However, newly discovered memos suggest otherwise. For instance, one memo dated July 2010 shows Michael Walther, director of the National Drug Intelligence Center, told Holder that straw buyers in the Fast and Furious operation “are responsible for the purchase of 1,500 firearms that were then supplied to the Mexican drug trafficking cartels.”

Other documents also indicate that Holder began receiving weekly briefings on the program from the National Drug Intelligence Center “beginning, at the latest, on July 5, 2010,” Smith wrote.

“These updates mentioned, not only the name of the operation, but also specific details about guns being trafficked to Mexico,” Smith wrote in the letter to Obama. 

“Allegations that senior Justice Department officials may have intentionally misled members of Congress are extremely troubling and must be addressed by an independent and objective special counsel. I urge you to appoint a special counsel who will investigate these allegations as soon as possible,” Smith wrote.

[…]Issa, R-Calif., told Fox News on Tuesday that Holder saying he didn’t understand the question rather than he didn’t know of the program is not a successful defense to perjury.

Even the liberal Los Angeles Times is covering the story. CBS News has been covering the story for a while.

I wonder if some of our Democrat commenters (e.g. – McSpinster) would like to explain to me why it is OK for drug cartels to have .50 caliber sniper rifles, but it’s not OK for law-abiding fathers to defend their families with handguns. Can someone explain why Democrats are OK with murderous drug-smuggling criminals having assault rifles, but not OK with women carrying pistols so that they can feel safe when they go jogging at night? I want to know why the Obama administration indirectly approved the murder of a U.S. Border Patrol agent.

Is this the scandal that’s going to bring down the Obama administration? At least with Watergate, nobody died.

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Report finds Labor Department’s green jobs program failing

From the liberal Washington Post.

Excerpt:

A $500 million Labor Department program designed to train workers for green jobs has come up far short of its goals, with only 10 percent of participants finding work so far, the agency’s assistant inspector general has found.

The report said the low rate makes it unlikely the program will meet the goal of placing nearly 80,000 workers in careers in energy efficiency or renewable energy by 2013.

“Grantees have expressed concerns that jobs have not materialized and that job placements have been fewer than expected for this point in the grant program,” said the report from Assistant Inspector General Elliott Lewis.

The report comes as the Obama administration has been on the defensive about making a $528 million loan to Solyndra LLC, a now-bankrupt solar panel maker that has become a target for critics of the administration’s green energy program.

The $500 million for green jobs training was part of the $787 billion stimulus act passed in 2009. Although the money was awarded in a series of grants in 2009 and 2010, only one-third has actually been spent by grantees. Lewis’ report said the rate of expenditures has been decreasing. He suggested the department should consider returning unused money that may not be needed.

“At this point, there is no evidence that grantees will effectively use the funds and deliver targeted employment outcomes by the end of the grant periods,” the report said.

[…]Another problem the report highlighted is that workers who completed training and were placed in green jobs have had trouble retaining their posts. Of the 8,035 workers placed, only 1,336 — or 2 percent of the overall target — have held those jobs for at least six months.

Sen. Chuck Grassley, R-Iowa, who requested the audit, said the report “paints a pretty bleak picture of the program’s effectiveness in job creation.”

“It’s hard to see how leaving $300 million in unused funding for the program in the hands of the Labor Department benefits either the taxpayers or the unemployed,” Grassley said.

The news media loves the Democrats and they are constantly making fun of Republicans for doubting evolution and global warming. I submit to you that believe in green jobs programs is the scientific equivalent of flat-Earthism. And I have the numbers to prove it. They have the blind faith and the insults. We have the evidence.

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