This morning the House Energy and Commerce Committee released its findings in an exhaustive, 18-month investigation into the Obama administration’s failed $535 million investment in the now-bankrupt California solar panel maker Solyndra. Although the facts reveal Solyndra was a bad bet that never should have received taxpayer dollars in the first place, the White House remains defiantly unapologetic.
Say What?? Lowering the bar on “Merit Based” Decisions …Despite Squandering Half a Billion Dollars, Unapologetic White House Continues to Defend Solyndra Investment as a “Merit Based Decision”August 2, 2012 | Press Release
Report Chronicles Solyndra’s Doomed Existence:The White House’s Rush to Approve Solyndra’s Loan Guarantee… The Admin’s Perverse Prioritizing of Media Events to Boast about Stimulus… DOE’s Restructuring that Violated the Law… The $1.4 Billion Loan to Prologis that Sec. Chu Championed with the Understanding it Could Save Solyndra… Billionaire George Kaiser’s Intimate Involvement as Solyndra Was Hurtling Towards Bankruptcy
WASHINGTON, DC – White House Press Secretary Jay Carney spent much of yesterday dodging questions related to the Energy and Commerce Committee’s report that reveals the Obama administration has repeatedly broken its transparency pledge.
POLITICO July 31, 2012GOP: W.H., Messina ‘failed’ on transparencyBy: Jennifer Epstein House Republicans are accusing the Obama White House — and the president’s reelection campaign manager Jim Messina — of purposefully skirting disclosure rules and negating the administration’s often-repeated claim to be “the most transparent administration in history.”
OhioAmerican Energy, Inc., announced yesterday it would close its coal mining operations in Brilliant, Ohio. The company’s press release cites “regulatory actions by President Barack Obama and his appointees” as the “entire reason” for the mine’s closure. Ryan Murray, the company’s Vice President of Operations, blamed the jobs lost at OhioAmerican solely on president Obama’s regulatory agenda and warned of more layoffs to come, stating, "There will be additional layoffs, not only at Murray Energy, but also throughout the United States coal industry due to Mr.
WASHINGTON, DC – The U.S. House of Representatives today approved H.R. 4273, the Resolving Environmental and Grid Reliability Conflicts Act. The bipartisan legislation, introduced by Reps. Pete Olson (R-TX) and Mike Doyle (D-PA), will ensure America’s power companies are able to comply with Department of Energy emergency orders to maintain grid reliability without facing penalties for violating potentially conflicting environmental laws.