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  1. #1
    I don't really care... Yonivore's Avatar
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    ...bring him down?

    Green for Green?

    NOT READY FOR PRIME TIME PLAYERS

    The Solyndra scandal exploded yesterday with the Washington Post story on the White House emails produced to the congressional committee investigating the affair. Deep into the story the Post reports: “In August 2009, e-mail exchanges between Energy Department staff members pointed out that a credit-rating agency predicted that the project would run out of cash in September 2011. Solyndra shut its doors on the final day of August.”
    More Solyndra: DoE Let Taxpayers Take Backseat to Obama’s Buddy Investors in Bankruptcy

    The news is coming in fast and furious on the Solyndra scandal, which is now looking like it may become one of the prime campaign issues in 2012. In addition to the revelation that the Obama administration pressured the OMB to approve the loan guarantees to Solyndra in order to preserve Vice President Biden’s photo op, more details are coming out about the Solyndra’s collapse, and it looks increasingly like this was one of the most crooked government boondoggles ever. The details are so bad, the mainstream media is now giving them extensive coverage. I’ll give you the conclusion up front: when it was obvious in February 2011 that Solyndra was going to go under and someone was going to take a financial bath, the Obama administration ensured that friends and donors of Barack Obama were protected while the American taxpayers were left out to dry.
    Solyndra Not Sole Firm to Hit Rock Bottom Despite Stimulus Funding

    At least four other companies have received stimulus funding only to later file for bankruptcy, and two of those were working on alternative energy.
    Fast and Furious?

    3 more murders linked to Gunwalker

    Weapons linked to ATF's controversial "Fast and Furious" operation have been tied to at least eight violent crimes in Mexico including three murders, four kidnappings and an attempted homicide.

    According to a letter from U.S. Assistant Attorney General Ronald Weich to Rep. Darrell Issa (R-CA) and Sen. Charles Grassley (R-Iowa), the disclosed incidents may be only a partial list of violent crimes linked to Fast and Furious weapons because "ATF has not conducted a comprehensive independent investigation."
    or, the latest outrage attached to this administration...

    GPS-gate

    White House Pressure for a Donor?

    The four-star Air Force general who oversees Air Force Space Command walked into a highly secured room on Capitol Hill a week ago to give a classified briefing to lawmakers and staff, and dropped a surprise. Pressed by members, Gen. William Shelton said the White House tried to pressure him to change his testimony to make it more favorable to a company tied to a large Democratic donor.
    LightSquared says it’s near breakthrough in nationwide wireless network

    The hearing will examine claims from the GPS industry that the LightSquared network — which uses a portion of the radio frequency spectrum adjacent to the one used by GPS devices - will interfere with the receivers used in its products, such as in-car navigation systems. The subcommittee also will hear from defense officials about any potential impact on military GPS navigation systems, such as those used in smart bombs.

    At a congressional hearing this month, the government official in charge of maintaining the GPS system expressed concern about the impact of LightSquared’s planned network.

    “LightSquared’s proposed system would create harmful interference [with GPS devices] throughout all three phases of its planned deployment,” Anthony Russo, director of the National Coordination Office for Space-Based Positioning, Navigation, and Timing, told the House Science Committee.
    I think it's way past time for the question, "What did the President know and when did he know it."


  2. #2
    Mr. John Wayne CosmicCowboy's Avatar
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    Prepare to be blasted. It simply can't be possible that Obama and friends did anything wrong.

  3. #3
    i hunt fenced animals clambake's Avatar
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    of course there could be involvement.

  4. #4
    Veteran hater's Avatar
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    how is this different from Haliburton?

  5. #5
    I don't really care... Yonivore's Avatar
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    how is this different from Haliburton?
    What'd Halliburton do?

  6. #6
    Orange Whip? Orange Whip? Viva Las Espuelas's Avatar
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    Prepare to be blasted. It simply can't be possible that Obama and friends did anything wrong.
    "Headwinds"

  7. #7
    Veteran hater's Avatar
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    What'd Halliburton do?
    http://www.socialistappeal.org/usa/h...n_scandal.html


    In the latest in the long line of corporate scandals involving the Bush Administration, Halliburton, the energy giant formerly run and still largely influenced abd controlled by Vice-President Cheney, has announced that it will repay the US government over $27.4 million after it was discovered that it had grossly overcharged for the meals it supplies to the US military in Iraq. This follows on the heels of the discovery of bribery on the part of Halliburton agents who overcharged the military $6.3 million for fuel delivered to bases in Iraq and Kuwait. These glaring cases of graft and bribery may seem outrageous, but they are only the tip of the capitalist iceberg – just business as usual for US imperialism. These kinds of practices are in no way unique to Halliburton, or even the Bush Administration. The interconnections between capital and the state run deep, not just in George W. Bush’s America but in all capitalist countries.

    The overcharging discovery involves Kellog, Brown & Root, a wholly-owned subsidiary of Halliburton. In a controversial “no-bid” contract, KBR was awarded a total of $8 billion to provide laundry, food supply, and build bases for the US military in Iraq. This also includes $1.2 billion to restore production in the southern Iraqi oil fields. It just so happens that Vice-President and major Halliburton stock-holder Cheney was directly involved in the awarding of rebuilding contracts in Iraq! That is not to say that only Halliburton got a share – so did major Bush-backer Bechtel, the construction firm, and of course a Texas-based company by the name of Exxon-Mobil.

  8. #8
    Orange Whip? Orange Whip? Viva Las Espuelas's Avatar
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    Socialist appeal, huh?

  9. #9
    Veteran hater's Avatar
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    its a serious unbiased question. remember I am rooting for Mitt

  10. #10
    I don't really care... Yonivore's Avatar
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    http://www.socialistappeal.org/usa/h...n_scandal.html


    In the latest in the long line of corporate scandals involving the Bush Administration, Halliburton, the energy giant formerly run and still largely influenced abd controlled by Vice-President Cheney, has announced that it will repay the US government over $27.4 million after it was discovered that it had grossly overcharged for the meals it supplies to the US military in Iraq. This follows on the heels of the discovery of bribery on the part of Halliburton agents who overcharged the military $6.3 million for fuel delivered to bases in Iraq and Kuwait. These glaring cases of graft and bribery may seem outrageous, but they are only the tip of the capitalist iceberg – just business as usual for US imperialism. These kinds of practices are in no way unique to Halliburton, or even the Bush Administration. The interconnections between capital and the state run deep, not just in George W. Bush’s America but in all capitalist countries.

    The overcharging discovery involves Kellog, Brown & Root, a wholly-owned subsidiary of Halliburton. In a controversial “no-bid” contract, KBR was awarded a total of $8 billion to provide laundry, food supply, and build bases for the US military in Iraq. This also includes $1.2 billion to restore production in the southern Iraqi oil fields. It just so happens that Vice-President and major Halliburton stock-holder Cheney was directly involved in the awarding of rebuilding contracts in Iraq! That is not to say that only Halliburton got a share – so did major Bush-backer Bechtel, the construction firm, and of course a Texas-based company by the name of Exxon-Mobil.
    So, they're being brought to justice? Are you suggesting the Bush administration has anything to do with the wrongdoing?

    And, I don't understand how the wrongdoing by Halliburton compares with the obvious involvement of the current administration in Solyndra, Fast and Furious, and now, the GPS scandal.

  11. #11
    Mr. John Wayne CosmicCowboy's Avatar
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    At least Haliburton was smart enough not to go bankrupt. And 27.4 million is peanuts compared to a 500 million UNSECURED loss.

  12. #12
    I don't really care... Yonivore's Avatar
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    At least Haliburton was smart enough not to go bankrupt. And 27.4 million is peanuts compared to a 500 million UNSECURED loss.
    Solyndra is just the tip of the "Stimulus" iceberg on what's been lost...

  13. #13
    Veteran hater's Avatar
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    cool as long as it helps Mr. Mitt Romney

  14. #14
    i hunt fenced animals clambake's Avatar
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    get back to us when it hits the 9 billion dollar mark.

  15. #15
    Veteran
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    "Haliburton was smart enough not to go bankrupt"

    ... no-bid Halliburton was not competing with anyone, was not in a commodity market, certainly not up against heavily subsidized Chinese mfrs who also have a -30% undervalued currency.

  16. #16
    Veteran cantthinkofanything's Avatar
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    "Haliburton was smart enough not to go bankrupt"

    ... no-bid Halliburton was not competing with anyone, was not in a commodity market, certainly not up against heavily subsidized Chinese mfrs who also have a -30% undervalued currency.
    well, that's an opinion anyway

  17. #17
    Mr. John Wayne CosmicCowboy's Avatar
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    "Haliburton was smart enough not to go bankrupt"

    ... no-bid Halliburton was not competing with anyone, was not in a commodity market, certainly not up against heavily subsidized Chinese mfrs who also have a -30% undervalued currency.
    They knew ALL that before they borrowed and blew the 500 million.

  18. #18
    Veteran
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    well, that's an opinion anyway
    no, all facts

  19. #19
    Orange Whip? Orange Whip? Viva Las Espuelas's Avatar
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    Solyndra is just the tip of the "Stimulus" iceberg on what's been lost...
    At least "1 million jobs" weren't.......

  20. #20
    Veteran
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    They knew ALL that before they borrowed and blew the 500 million.
    Other solar mfrs are not going bankrupt, some are even making money.

    $500M wasn't lost since it did got into the non-banker economy.

    An example of was really lost was 401K etc pension funds investing $100Bs of hard cash in Wall St and "losing" $10Bs of it. That cash went somewhere, and it wasn't into Main St pockets.

  21. #21
    Veteran cantthinkofanything's Avatar
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    well...you can believe that if you want

  22. #22
    Believe.
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    From wiki:

    https://secure.wikimedia.org/wikiped...i/LightSquared

    LightSquared controls 59 MHz of United States spectrum (1525-1559 MHz) and received U.S. Federal Communications Commission (FCC) authorization in 2004 to use this L-Band spectrum to build its nationwide 4G-LTE wireless broadband network integrated with satellite coverage.
    ...
    In June 2011, LightSquared unveiled a new plan for deploying its network which would use the lower frequency band of 1526-1536MHz (23MHz away from GPS) for the initial deployment and delay use of the upper band closer to GPS until a later date. They also proposed a 3dB reduction in the base station radiated power.

    a)Hurray for Pentagon. They're worrying for months about spectrum allocated in 2004.

    b)Who was in charge when problem was created?

  23. #23
    🏆🏆🏆🏆🏆 ElNono's Avatar
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    Is anybody going to be brought to justice for the trillion dollar war in Iraq that never found any WMD?

    Or are they still translating the do ents?

  24. #24
    I don't really care... Yonivore's Avatar
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    Is anybody going to be brought to justice for the trillion dollar war in Iraq that never found any WMD?
    Literally tens of thousands of al Qaedans, Taliban, and Ba'athist regime loyalists, along with a procession of their de able dictators and figureheads have been brought to justice. Jeeze!

  25. #25
    🏆🏆🏆🏆🏆 ElNono's Avatar
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    Literally tens of thousands of al Qaedans, Taliban, and Ba'athist regime loyalists, along with a procession of their de able dictators and figureheads have been brought to justice. Jeeze!
    I thought we went there for the WMD?

    That's what Powell said in the UN anyways.

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