This whole Solyndra thing is interesting. However both parties have plenty of coruption, favors and other money "dontated" to campaigns. So its not just an Obama, Bush, Republican or Democrat issue.
Your 100% correct on that.. But to the tune of 1/2 Billion dollars to the taxpayer? I dont think the magnitude of corruption has ever been higher... And that's just one company that went bankrupt,
Let's add these up to;
The complete list of faltering or bankrupt green-energy companies:
Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)
Bold and in your face corruption, where Obama dares Republicans to take him on.. Just look at how Obama bocked/delayed Eric Holders contempt charge over Fast and Furious, all by executive order..
He thinks he's above Congress, but wait until Republicans take over the Senate in 2014 as many predict they will.. and the Senate Judiciary is ruled by Republicans, it's going to open up a whole can of worms Obama does NOT want opened.. Wait and see.