Solyndra: Advanced by Bush for 2 Years (Solyndra Timeline)

[TheBigotBasher]

You’d never know from the media coverage that:
The Bush team tried to conditionally approve the Solyndra loan just before President Obama took office.
The company’s backers included private investors who had diverse political interests.
The loan comprises just 1.3% of DOE’s overall loan portfolio. To date, Solyndra is the only loan that’s known to be troubled.
B
ecause one of the Solyndra investors, Argonaut Venture Capital, is funded by George Kaiser — a man who donated money to the Obama campaign — the loan guarantee has been attacked as being political in nature. What critics don’t mention is that one of the earliest and largest investors, Madrone Capital Partners, is funded by the family that started Wal-Mart, the Waltons. The Waltons have donated millions of dollars to Republican candidates over the years.

Source: Clean Technica http://cleantechnica.com/2011/09/15/solyndra-advanced-by-bush-for-2-years-solyndra-timeline/

Read the timeline, then the money quoute.

What critics fail to mention is that the Solyndra deal is more than three years old, started under the Bush Administration, which tried to conditionally approve the loan right before Obama took office. Rather than “pushing funds out the door too quickly,” the Obama Administration restructured the original loan when it came into office to further protect the taxpayers’ investment.
Source: Clean Technica (http://s.tt/13giD)

[Scurrilous]

1. K & R

:thumbsup:

[blogslut]

2. kick

:dem:

[Hotler]

3. k&r n/t