Thursday, November 17, 2011

New e-mails: Solyndra execs thought Obama’s Energy Dep’t cared more about appearances than sound business decisions « Hot Air

In other words, so deep was the cronyism here that not only did Solyndra enjoy the “halo effect” of an Energy Department loan, they actually had the secretary himself acting as some sort of spokesman to help them drum up investments. And even that wasn’t enough for Chu: He ended up, in essence, negotiating against his own team by treating the loan as a fait accompli. Supposedly he’s going to accept full responsibility for this debacle when he testifies before Congress tomorrow, but that’s not good enough — especially now that we know about the extreme sleaze of DOE asking the company to time its layoffs to the midterm elections so that it wouldn’t hurt Obama. This guy has to go. Immediately.

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