Solyndra!!

Hilarious!! Obama, the liar and narcissist in chief, just keeps on, keeping on, blaming everyone else for any and all failures. Solyndra, case in point. Here is what the asswipe had to say today about the failed green company, Solyndra:

"Obviously we wish Solyndra hadn't gone bankrupt. Part of the reason they did was the Chinese were subsidizing their solar industry and flooding the market in ways Solyndra couldn't compete. But understand, this was not our program per se."

Read more: http://www.foxnews.com/politics/2012/03/22/obama-tries-to-spread-blame-on-solyndra-keystone/#ixzz1ptKDKOg7

 

NOT YOUR PROGRAM??? REALLY??? Rewind!!

Here is you know who in May, 2010 at the Solyndra plant, praising it, pushing it, selling it.

Remember, Solyndra received $535 million in YOUR tax dollars.

Then, there's this: The Top Obama bundler George Kaiser, a principle investor in Solyndra, made multiple visits to the White House in the months before the company was granted a $535 million loan.

AND earlier:

At the time, Obama praised Solyndra in May 2010 during a widely publicized speech at the company's new Fremont, California, facility that was made possible by the federal loan guarantee.

“The true engine of economic growth will always be companies like Solyndra, will always be America’s businesses, ” Obama told the assembled company employees. “Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.”

In Obama's Jan., 2010 State of the Union Address, he praised Solyndra:

 

And, precisely, WHEN did Solyndra receive their DOE loan (taxpayer money)???

Solyndra of Fremont, California, the beleaguered cylindrical CIGS solar manufacturer, received a $535 million loan guarantee from the DOE in March of 2009.

To be fair, Solyndra obviously applied for the DOE loan prior to Ovomit being in office. Hence, this;

December 2006: Solyndra Applies for a Loan Guarantee under the 1703 program.

Late 2007: Loan guarantee program is funded. Solyndra was one of 16 clean-tech companies deemed ready to move forward in the due diligence process. The Bush Administration DOE moves forward to develop a conditional commitment.

January 2009: In an effort to show it has done something to support renewable energy, the Bush Administration tries to take Solyndra before a DOE credit review committee before President Obama is inaugurated. The committee, consisting of career civil servants with financial expertise, remands the loan back to DOE “without prejudice” because it wasn’t ready for conditional commitment.

March 2009: The same credit committee approves the strengthened loan application. The deal passes on to DOE’s credit review board. Career staff (not political appointees) within the DOE issue a conditional commitment setting out terms for a guarantee.

Ding, ding, ding!!! The loan process may have started under the Bish Administration, but when you follow the chain of events, The evidence speaks for itself....Solyndra WAS OVOMIT'S!! HE OWNS IT!! And it pisses me off like you wouldn't believe, to hear him today saying it was not HIS!!! Bullcrap!

This is what they do. Twist the truth, distort the words, and mold it to make it their own. Truth be damned. Lying sacks of garage!