{"id":3235,"date":"2012-03-23T08:22:19","date_gmt":"2012-03-23T12:22:19","guid":{"rendered":"https:\/\/www.urbin.net\/blog\/?p=3235"},"modified":"2012-03-23T08:22:19","modified_gmt":"2012-03-23T12:22:19","slug":"inserting-reality-into-obamas-spin-on-solyndra","status":"publish","type":"post","link":"https:\/\/urbin.net\/blog\/economy\/inserting-reality-into-obamas-spin-on-solyndra\/","title":{"rendered":"Inserting reality into Obama&#8217;s spin on Solyndra"},"content":{"rendered":"<p>\u201cIt is true that \u201cRepublicans and Democrats\u201d approved a green energy loan guarantee program. But \u201cRepublicans and Democrats\u201d did not approve this loan guarantee program. As FactCheck.org reminds us, the program under which Solyndra was handed $500 million in taxpayer money was authorized in the Obama\/Reid\/Pelosi partisan \u201cstimulus\u201d bill of 2009. Zero House Republicans voted for that law. Also, a previous Solyndra loan application was explicitly rejected by Bush-era actuaries because of its inherent soundness problems. Some of Obama\u2019s bookkeepers continued to warn against its approval, but they were overruled by the White House political team because the president\u2019s allies were determined to make the company the \u201cposter child\u201d of his green vision. That\u2019s also why Obama ignored internal worries and held a big presidential photo-op at Solyndra\u2019s (now-defunct) factory. The list goes on: Obama DOE officials sat in on Solyndra board meetings. One of Solyndra\u2019s top investors, George Kaiser \u2014 who just happened to be a major Obama campaign donor \u2014 also just happened to make a flurry of White House visits right before the doomed loan was given the thumbs-up. Kaiser and the White House claimed they didn\u2019t discuss Solyndra during those meetings. They lied. We also know that even after Solyndra defaulted on its initial loan, Obama\u2019s Energy Department conveniently restructured the loan terms, assuring that investors like George Kaiser would be first in line to get paid if (when) the company went belly-up. Obama owns this mess, and he knows it. But he\u2019s obfuscating and dissembling to save his own skin.\u201d<\/p>\n<p>&#8212; <a href=\"http:\/\/townhall.com\/tipsheet\/guybenson\/2012\/03\/22\/obama_solyndra_wasnt_our_program_you_know\">Guy Benson writing at Townhall.com<\/a>. \u00a0Read the whole thing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cIt is true that \u201cRepublicans and Democrats\u201d approved a green energy loan guarantee program. But \u201cRepublicans and Democrats\u201d did not approve this loan guarantee program. As FactCheck.org reminds us, the program under which Solyndra was handed $500 million in taxpayer money was authorized in the Obama\/Reid\/Pelosi partisan \u201cstimulus\u201d bill of 2009. Zero House Republicans voted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[43,6,7,50,51,52,19],"tags":[140,294,300,414,584,621,839],"class_list":["post-3235","post","type-post","status-publish","format-standard","hentry","category-culture-of-corruption-politics","category-economy","category-energy","category-obama-economy-politics","category-obamaspeak-politics","category-bho-politics","category-politics","tag-barack-obama","tag-economy","tag-energy","tag-incompetent","tag-one-term-president","tag-politics","tag-worst-president-ever"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pab4zg-Qb","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/3235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/comments?post=3235"}],"version-history":[{"count":0,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/3235\/revisions"}],"wp:attachment":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/media?parent=3235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/categories?post=3235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/tags?post=3235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}