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Tuesday, September 20, 2011

Solyndra execs to testify ( sort of)

Thank goodness we are now going to get to the bottom of this Solyndra mess. On Friday, Solyndra's head chingons are going to testify before Congress. The only problem is they are planning to take the 5th.

Not that they have anything to hide, mind you. strictly legit.

11 comments:

Findalis said...

Taking the 5th just like every Mafia rat.

Sums up the whole Obama Regime in a nutshell.

Siarlys Jenkins said...

All I can say is, if there is anything amiss here, I'm glad to know that President Obama and Attorney General Eric Holder are keeping the FBI on this case until the truth emerges.

Or maybe the execs are a bunch of right wing reactionary trolls?

Miggie said...

Remember how outraged the Dems were when the prospect of the Enron execs pleading the Fifth?

It only is an outrage when it applies to you.

Siarlys Jenkins said...

Miggie, the obvious response to what you just said would be entirely redundant of my previous comment.

Findalis, I don't recall that Solyndra is a wholly owned subsidiary of the United States government. Your paranoia about socialism has obviously run away with your perception of reality.

Miggie said...

I dunno, but when an Army investigation that doesn't find a ROP connection mentioned in the Major Hassan investigation in the Ft. Hood massacre report and a Justice Department that doesn't see voter intimidation when they see videos of blacks doing the harassment at polling stations, it isn't likely that this administration will prosecute this case in its entirety.

Will Obama's personal investment in Lightsquare get questioned? How about George Soros' investment in Lightsquare? Think it is just a coincidence that they got all that taxpayer money? Nothing to see here. Just move along.

Will the Attorney General prosecute his first black defendant, when he happens to be his boss on top of it? You think Holder will really go after the largest financier of left wing causes?

There are considerations in this administration that are more important than crony cooperation, government influence peddling, and kick-backs. There is still good money to be made here.

This is the way the left governs! Pay off selected constituencies with tax-payer money and make a personal profit with the corrupt process.

The election can't come soon enough.
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Gary Fouse said...

Soar us,

Since solindra is not owned by the goby, what the hell are we doing giving them 535 million of our money?

Findalis said...

@ Sialys:

The "Mafia" charge was first used during the Watergate hearings at the Nixon Administration.

What does the CEO of Solyndra know and what ties into the Obama Regime is there?

This is a good excuse for a Special Prosecutor.

Miggie said...

The "goby"?
Obviously that was a typo but I haven't a clue what you intended. The 535 million was stimulus money "lent" or guaranteed by this administration. Then the company went bankrupt.

It was just like Fanny Mae superimposing new criteria on banks for mortgages. Banks used to lend on the basis of creditworthiness of the borrower. When they had to give loans based on skin color or because community organizers put the muscle on them then there was a deluge of worthless mortgages. This triggered a huge collapse in the economy.

When "government" decides where resources go instead of the marketplace disaster always follow.
.

Siarlys Jenkins said...

Findalis: Those are questions that must be answered BEFORE you have a case for a special prosecutor. You don't even have probable cause for complicity within the government to any criminal action. Eric Holder has the FBI on the case. When Obama calls them off and says to leave Solyndra alone, you have a case for a special prosecutor. If he fires the special prosecutor (and the attorney general) then you have a parallel to Watergate.

When "the marketplace" (a cover for a handful of billionaires and hedge funds) decides where the money goes, disaster also follows. For example, Greece is the only European country in serious trouble, except that a bunch of private investors wetting their pants about what if half the rest of Europe goes the same way are running up the price, then getting really scared of the scenario they just created, then making things even worse, for themselves as much as anyone... free market shmee shmarket.

Findalis said...

For example, Greece is the only European country in serious trouble

And Portugal, Spain, and Italy.

If Greece defaults the Euro collapses.

Siarlys Jenkins said...

You forgot Ireland. But the list is so long only because of the irrationality of "the markets." Greece, indeed suffered from a conservative government that failed to collect taxes, and instead ran up huge debts, relying on their liberal sponsors in the Euro zone to bail them out.

The other countries are all different, and most of them have no reason to be considered dangerous basket cases, EXCEPT that "the markets" are running around like chickens with their heads cut off.

Ireland had a balanced budget, until the president decided to take on complete responsibility for the debts of all the banks -- private loans which should have fallen on the shareholders, while the state protected small private depositors. It would have been a lot cheaper, and Ireland would not have been under the thumb of the IRS.

Italy has a large debt, but a small deficit. Spain had little debt until recently, but has an ailing private sector. Portugal was nowhere near so badly off as Greece. Except for Greece, the way "the markets" are reacting is artificial panic.

What we need to learn from this is to get government off their reliance on "the markets."