Topic: House subpoenas White House for Solyndra documents

[IronDioPriest]

Energy Secretary Chu Takes Full Responsibility for Solyndra

Energy Secretary Steven Chu will accept full responsibility Thursday for the decision to risk $535 million on Solyndra, the government-supported solar panel manufacturer that shut its doors earlier this year laying off 1,100 workers, and is now the subject of multiple federal investigations.

"As the Secretary of Energy, the final decisions on Solyndra were mine, and I made them with the best interest of the taxpayer in mind," Chu has written in testimony prepared for his first appearance before Congress to answer questions about the failed loan.

"I want to be clear: over the course of Solyndra's loan guarantee, I did not make any decision based on political considerations," says Chu's prepared testimony, which was made public by his aides late Wednesday. "My decision to guarantee a loan to Solyndra was based on the analysis of experienced professionals and on the strength of the information they had available to them at the time."

Chu's testimony before a House Energy and Commerce subcommittee that has been investigating the loan is expected to be followed by pointed questions from Republican members who have been highly critical of the Solyndra loan. The loan to the California energy firm was at one time held up by the Obama administration as a model of the president's plan to infuse start-up clean energy firms with federal support in hopes of sprouting a vibrant new high tech industry.

More @ link...

[Libertas]

"I did not make any decision based on political considerations..."

Liar!

Subpoena him and everything in his office!

[BMG]

Obama was recently overheard asking:
"So that's one fall guy (Chu). That covers Solyndra.  Don't worry Chu, I'll get you a sweet post as an ambassador in some tropical paradise somewhere! Ok now, who's gonna take the fall for the other dozen or so scandals that the right has uncovered so far? Come on, don't be shy - speak up..."

/satire off

[Pandora]

The loan to the California energy firm was at one time held up by the Obama administration as a model of the president's plan to infuse start-up clean energy firms with federal support in hopes of sprouting a vibrant new high tech industry.

But as ABC News first reported in March, in partnership with the Center for Public Integrity, the model first loan was emerging as a troubling example of a program that was taking big risks with public funds, and was in some instances benefitting investors who had strong political ties to Obama. One of the top investors in Solyndra, Oklahoma billionaire George Kaiser, was also a prolific fundraiser for Obama during the 2008 campaign.

The Energy Department has maintained that the program remained untainted by politics, and that recipients of billions of dollars in federal loans were selected exclusively based on their potential for success – with no political consideration. In advance of Thursday's hearing, investigators with the Republican led committee released the latest batch of internal emails it has reviewed. Among them were emails that suggested that Energy officials asked the company to delay layoffs at its California facility until after the Nov. 2 midterm elections.

Obama got his photo-op at Solyndra and we're supposed to believe he just went where Chu directed; Chu, the "guy with the responsibility"?

Kaiser's multiple visits to the White House were just a convenient place to meet Chu, then, kinda leaving Obama out of the loop?

They think we're stoopit.  Anybody that buys into any part of this fish-tale is.

So, when does Chu get his golden parachute and a trip under the bus?

As an aside, the irony of Upton, the Republican face on the CFL boondoggle, co-chairing the House committee investigating this yet another money laundering deal is a demonstration of what whores they all are with only the price to be determined.

[BMG]

http://hotair.com/archives/2011/12/03/energy-committee-to-consider-contempt-citation-against-white-house-for-solyndra-stonewalling/

    Sources told Fox News an official from the White House counsel’s office was to confer with committee investigators by telephone on Friday, but that no agreement on the outstanding documents and interviewees was expected.

    For that reason, lawmakers on the panel are considering holding hearings — first at the subcommittee level, then for the full committee — to vote on a contempt citation against the White House. Experts said that if such an event were to come to pass, the full House, which is controlled by the Republicans, would have to vote on the citation. If that in turn were to happen, the House would officially refer the matter to the U.S. Attorney for the District of Columbia for enforcement against the White House.

    However, since the U.S. attorney for the capital, Ronald C. Machen Jr., is an Obama political appointee, committee Republicans are not optimistic that he would vigorously pursue a contempt citation against the White House.

    In that event, committee staffers have explored the prospect of filing a civil lawsuit against William Daley and Bruce Reed, the respective chiefs of staff for the president and Vice President Biden.

[charlesoakwood]

Whelp, it's time for the DOE to seal the records.

[Pandora]

Why is Solyndra destroying millions of dollars in parts?

    After filing for bankruptcy last year, Fremont solar company Solyndra still owes American taxpayers half a billion dollars. But CBS 5 caught them destroying millions of dollars worth of parts.

    At Solyndra’s sprawling complex in Fremont, workers in white jumpsuits were unwrapping brand new glass tubes used in solar panels last week. They are the latest, most cutting-edge solar technology, and they are being thrown into dumpsters. …

    Solyndra paid at least $2 million for the specialized glass. A CBS 5 crew found one piece lying in the parking lot. Solyndra still owes the German company that made the tubes close to another $8 million.