Solyndra Pay To Play Hanging On Obama Like A Dead Weight

The outgoing Bush administration, friendly as it was towards the optics of supporting green boondoggles, pulled the plug on the now bankrupt Solyndra loan deal becasue the accounting was so bad and the risk was too great.

Obama picked up the pieces (from day one) and ran with it, then fast tracked it and your money, right into a half a billion dollar hole.

Did Obama not inherit from Bush the understanding that the risk to taxpayers was too great with Solyndra? Or was the influence of a number of Obama donor Solyndra investors (who bundled loads of cash for the campaign) of greater importance than the taxpayer dollars?

This story has Obama/Chicago pay to play and crony capitalism written all over it. And here is the short version in case you need to catch up

Author

Steve MacDonald

Steve is a long-time New Hampshire resident, award-winning blogger, and a member of the Board of Directors of The 603 Alliance. He is the owner of Grok Media LLC and the Managing Editor, Executive Editor, assistant editor, Editor, content curator, complaint department, Op-ed editor, gatekeeper (most likely to miss typos because he has no editor), and contributor at GraniteGrok.com. Steve is also a former board member of the Republican Liberty Caucus of New Hampshire, The Republican Volunteer Coalition, has worked for or with many state and local campaigns and grassroots groups, and is a past contributor to the Franklin Center for Public Policy.

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