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Saturday, March 17, 2012

WH comms group smarter than Obama, Chu on Solyndra? « Hot Air

WH comms group smarter than Obama, Chu on Solyndra? « Hot Air: "So the question raised is this: If the White House comms group and its climate czar both knew that Solyndra was an embarrassment, and so much so that the comms group nixed having Solyndra execs attend the 2011 SOTU in person, then why did Obama and Energy Secretary Steven Chu agree to restructure the loan less than a month later on such unfavorable terms?  Solyndra’s woes must have been common knowledge in the West Wing for the “director of White House message events” to have that kind of wherewithal in advance of the January 25th speech.  If so, then the decision to forge ahead with the restructuring that protected an Obama bundler’s late investment while illegally subordinating taxpayer investment becomes much more curious."

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