
So today’s Dem line in defending against “Obama’s Enron,” namely
Solyndra, is that “the Bush admin did ‘due diligence’ on solar
company’s loan, Obama officials tell lawmakers,” per Greenwire
(subscription required). I’ve been watching the hearing and this is
indeed an accurate representation of the wagon-circling,
of their defense of the indefensible.
At the hearing’s close, there was a noteworthy addition to that
spin by Ed Markey (D-MA) — who, two years ago this month, berated
the Spanish economics professor who warned this bubble would burst
by saying solar just needed three years to take off, leaving him
not much more time to hide this decline — analogized Solyndra to
Google and eBay. I forget what sort of hundreds of millions of
stimulus dollars these companies needed in order to exist. Someone
might check.
Anyway, the flaw with the party line is that the Bushies
actually failed to sign off on it, making Solyndra the first bad
energy idea we’ve found them fail to embrace. It’s that bad.
And the timeline of disapproval continues, including an
Obama
OMB email describing the boondoggle as “NOT ready for prime
time”, and then the Obama administration — not Bush —
rushing the half a billion taxpayer dollars out the door.
I’m raising two small children. I am teaching them to take
responsibility. I teach them that it is an undesirable trait to
blame others. They see a president and administration and, now, its
defenders and enablers, who cannot, regardless of the issue, seem
to do anything other than blame others. Even, as here, when it is
insultingly implausible, and essentially parodies the Clinton aide
of yore who, when confronted with his own prior words, told
Congress he was lying to his diary.
But that didn’t cost us a half a billion dollars.
Trinacria| 9.14.11 @ 2:44PM
No, Chris - I'm reliably informed it is George Bush's fault (were you not aware of the cozy relationship between Bush and his buddies in "Big Sun"?).
Paul McGrath| 9.14.11 @ 7:13PM
As the pundits say, this one might be gaining traction. CNN (!) had about a ten minute story on this today on the Wolf Blitzer program. The woman reporting the story was wearing the aggrieved face they typically save for Sarah Palin or Michelle Bachmann stories. Even more incredibly, she pointed out in no uncertain terms that this was an Obama caper all the way; that the loan application process had only just barely begun under the Bush administration.
I'm waiting for the front page headline in the New York Times. Well, one can fantasize anyway.
aware| 9.15.11 @ 6:38AM
Crony capitalism is full of things like this. Bammy didn't invent it, been around quite a while. If a company can't compete then they must "contribute" so protection can be bought from the State. First thing you know, zombies surround you and you wonder why things aren't picking up.
Clint| 9.15.11 @ 8:20AM
This is Big Government Democrats Bucking The Free Market & Funneling American Taxpayers Money Into Their Campaign Donors' Business .
This Is Democrat Venture Socialism.
Trinacria| 9.15.11 @ 1:21PM
More brilliant insight from the village idiot...
Really, Sport, how much time did you spend coming to the realization of a fact that is patently obvious to the rest of the world?