Blogs

As reported on these pages two days ago, Eric Holder lied in testimony to the House Judiciary Committee on May 3, 2011 when he said, "I probably heard about Fast and Furious for the first time over the last few weeks."   Documents now in the public domain indicate that Holder was extensively briefed numerous times months before the May 2011 Congressional hearing by DOJ officials and had received an official request for an investigation of the ATF gunrunning operation from the Chairman of the House Judiciary Committee on March 9.   

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On May 3, 2011 Attorney General Eric Holder testified under oath before the House Judiciary Committee that, "I probably heard about Fast and Furious for the first time over the last few weeks."  However, newly released documents contradict that testimony and show he was briefed multiple times beginning as early as July 2010.  

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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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Repeatedly throughout the 2008 presidential campaign, Barack Obama made the claim that he would "create 5 million 'green jobs; will invest $150 billion over ten years to deploy clean technologies, protect our existing manufacturing base and create millions of new jobs."   

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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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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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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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