Dear White House, I Would Like My $500,000,000 Back.
Wednesday, September 14th, 2011According to the Washington Post, emails from the White House to the Office of Management and Budget show the White House repeatedly asking when they would be able to announce the loan for Solyndra at a scheduled event. The implication being that perhaps the White House attempted to push the loan through in order to capitalize on an announcement of the loan.
In it’s defense, the White House states that the emails show only that they are interested in the loan and wanted more information from the OMB.
It will be interesting to see if the White House manages to distance itself from this particular fiasco.
This is exactly, precisely, specifically why it is not a good idea to rush money through congress like Bush did near the end of his second term and Obama/Reid/Pelosi did through the first two years of Obama’s first term.
How much more scandal will be uncovered? One shudders to think of the waste, fraud and overall system abuse that will be revealed from the trillions of dollars Obama has spent.