Solyndra, the California energy company gone bust, was so cash strapped in December, 2010 that they defaulted on a loan payment to the government. That didn't bother the Obama Administration, though. In fact, DOE officials amended the loan agreement, allowing Solyndra to draw another $67 million, and subordinated the taxpayer's credit position to that of private investors.
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Blogs
Doubling Down on Stupid
Friday, September 30, 2011 | By A Line of Sight
Millions Spent per Green Job by DOE
Wednesday, September 28, 2011 | By A Line of Sight
Charles Schwab: Every Job Requires an Entrepreneur
Wednesday, September 28, 2011 | By A Line of Sight
Editor's Note: In a guest editorial in the Wall Street Journal, Charles Schwab offers his observations about why the economy is in such a rut, and what Washington politicians could do to get us going again. Following are excerpts and a link to the entire feature.
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Zandi: Son-of-Stimulus will create "drag on economy" - Leave economy in "same place" as no bill.
Sunday, September 25, 2011 | By A Line of Sight
White House Fingerprints all over growing LightSquared Scandal
Wednesday, September 21, 2011 | By A Line of Sight
The newest Obama Administration scandal-de-jour, LightSquared, has quickly escalated to involve potentially "guided" testimony to two separate Congressional Committees. Additionally, two witnesses have confirmed that the White House pressured them to alter testimony in favor of LightSquared, a Virginia broadband provider whose executives also made very large Democrat Party campaign contributions. Further, entire portions of the supposedly independent opinion submitted to a Congressional Oversight Committee regarding LightSquared from four separate government agencies contained "identical language in their written testimony" – a truly remarkable coincidence.
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Solyndra Scandal continues to Heat Up
Tuesday, September 20, 2011 | By A Line of Sight
Since we first exposed the collapse of Solyndra, the solar
energy company favored by the White House with a $535 million taxpayer funded
loan, the stench has only gotten worse.
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AP: Obama less than truthful with Buffet Tax Facts – Imagine that!
Tuesday, September 20, 2011 | By A Line of Sight
Obama's tax hike - NOT just for the Buffets of the World
Tuesday, September 20, 2011 | By A Line of Sight
The President's latest incarnation of his populist appeal to his leftist base for re-election contains a $1.5 trillion tax increase he would have us believe targets only the very wealthy – just so they pay their "fair share." The scheme already has a name, the Buffet Tax, after his good buddy billionaire Warren Buffet. But, like so much that comes out of the Administration, there is more to the story than he would want you to know.
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Palestinians Press UN for Statehood
Tuesday, September 20, 2011 | By A Line of Sight
Unless you happen to be in lower Manhattan, you may not even know that the United Nations is in session in New York. A key item on the agenda is an application from the Palestinians for the U.N. Security Council to approve official recognition and membership of their government – which by the way is controlled by Hamas who is sworn to wipe their neighbor Israel from the face of the earth and perpetrates terrorist acts against Israelis almost daily.
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Tip-of-the-Hat: Terror Attacks in U.S. down 61 percent since 9/11
Monday, September 19, 2011 | By A Line of Sight
Whether we are trying to board a plane or open a checking account, we have all endured aggravation directly connected to the efforts to thwart terrorism. For whatever grief we attach to it, there is also some good news. Domestic terrorist attacks have fallen by 61% since 9/11, and fatality rates per attack have been reduced by almost half.
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Recent Posts
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- Spy Games
- Obama says Benghazi Criticism a "Sideshow" – ask Sean Smith's Mother
- "Massive Premium Increases…nearly 100 percent on average" according to ObamaCare Congressional Survey
- 190 Million Hours - ObamaCare Compliance Burden Keeps Growing
- Obama Repeats Energy Mistakes of the Past
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