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Chris Hayes Explains Why Solyndra Bankruptcy Is Not A Scandal

» 137 comments

On Sunday’s sophomore edition of Up with Chris Hayes , freshly-minted host Chris Hayes took on the burgeoning Solyndra “scandal,” and made the case that it was, at worst, a case of bad optics. House Republicans have been trying to make a dollar out of this fifteen cents, and the conservative media have been peddling it like funnel cake, but despite Jon Stewart‘s credulous purchase of the “scandal,” it doesn’t really amount to much upon closer inspection.

The short version of the Solyndra story is that the company received $535 million in loan guarantees from the government under a Bush administration program that was expanded by President Obama‘s 2009 stimulus law. The company was touted by the Obama administration as a shining example of the potential for a green economy, only to go bankrupt earlier this month.

House Republicans have released emails that show doubts about the risks posed by such a loan, but a key linchpin in elevating this from mere shitshow to scandal has been the involvement of Obama fundraiser George Kaiser, whom many media outlets have reported was a major investor in Solyndra.

As Hayes points out, though, Kaiser himself was not a Solyndra investor, his family’s non-profit foundation was. That doesn’t change the fact that Kaiser had frequent access to the White House, or that his opinion might have carried extra weight, but it does mean that whatever he did regarding Solyndra was not done for his personal benefit.

Additionally, Fox News is reporting that House Republicans have been massaging the truth a bit by selectively releasing emails that make it seem as though the Bush administration put the kibosh on the Solyndra loans. According to emails obtained by Fox News, though, the Bush administration said Solyndra’s application “has merit,” and recommended that the vetting process continue.

Those same emails also show that Solyndra officials pressed hard to get the deal done in the waning days of the Bush administration, hardly the actions of a company who had bought and paid for the new guy.

Republicans have also been using Solyndra as an indictment of the stimulus bill, citing the 1100 workers who lost their jobs in the bankruptcy (even though the other side of that coin is a CBO-estimated 3 million jobs created or saved), and of the very idea of investing in a green economy, but as Hayes guest Phaedra Ellis-Lamkins of Green for All points out, the Solyndra failure is just one out of forty projects that this program has funded.

Conservative Reihan Salam of the National Review didn’t bother to argue that Solyndra amounted to a scandal, and really didn’t want to engage Ellis-Lamkins on the broader issue of the role of government in industrial policy. “I respect Phaedra and what she’s doing,” he said, “but I just kinda feel as though she has a strong point of view, and I don’t think I can ask her a question that she will then answer in the spirit of ‘Let’s figure this out.’”

Ellis-Lampkins said, “I appreciate your concern about my ability, always appreciate that, but I think the disagreement we’re having is, what’s the role of government?”

Here’s the clip, from MSNBC:


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  • ObamaSux

    You know it’s a scandal when Chris Maddow/Rachel Hayes is trying to cover it up.

  • Anonymous

    The short version of the Solyndra story is that the company received
    $535 billion in loan guarantees from the government under a Bush
    administration program that was expanded by President Obama‘s 2009 stimulus law

    Ah, the old Blame Bush trick. They got the money from the same government that Bush used to be in charge of so it isn’t Obama’s fault! Just like Libya!

  • Chucker

    So, the access to the White House of a major campaign donor and his apparent influence in dictating where and how much stimulus money was to be directed toward a company in which his “family’s not for profit foundation” was invested is in no way a scandal?  Step away from the Kool-Aid, Tommy….

  • Anonymous

    Tommy’s next article:

    “Nothing Bad About Democrats Is True,Everything Bad About Republicans IS True”

  • Anonymous

    Tommy C = liberal damage control. If this had gone through under Bush it WOULD be a scandal according to DailyKos, MSNBC, and Tommy. The only thing keeping it from being one in this case is the (D) after Obama’s name.

  • Anonymous

    Fact: Scandal? Who pocketed money that wasn’t in the
    money loop to receive the free money anyway? Looks to me like more of that minority
    business at all cost BS!

  • Anonymous

    Chris, your verbal erection for Obama gets a FAIL.

    MSNBC, the Place for Propaganda.  Bend Over.

  • Anonymous

    Bush administration put the cabosh on ( Solyndra ) ObamaGate, then on Obama’s very first day in office he not only green lighted it, he gave it a CIA high speed escort straight to bankruptcy court.

    When all is said and Obama is done ( in federal prison ) the private donors ( investors ) in this scam are going to turn out to be left wing Obama operatives who pumped billions into this company attempting to save his ( Obama’s ) political ass.

    Obama also redirected ( rigged ) the loses after he knew beyond a shadow of a doubt this company was going belly up so that us ” real ” American people got bent over and _____ed while his co conspirator crony donors ( investors ) will, in the end, be made whole.

    I couldn’t help but notice these MSNBC douchebags didn’t mention he FBI raid and seizure of this Obama regime money laudering enterprize.

    This is just the tip of the Obama dog sh*t pile. My guess is he’ll be in prison before the 2012 presidential election.

  • Anonymous

    Bush administration put the cabosh on ( Solyndra ) ObamaGate, then on Obama’s very first day in office he not only green lighted it, he gave it a CIA high speed escort straight to bankruptcy court.

    When all is said and Obama is done ( in federal prison ) the private donors ( investors ) in this scam are going to turn out to be left wing Obama operatives who pumped billions into this company attempting to save his ( Obama’s ) political ass.

    Obama also redirected ( rigged ) the loses after he knew beyond a shadow of a doubt this company was going belly up so that us ” real ” American people got bent over and _____ed while his co conspirator crony donors ( investors ) will, in the end, be made whole.

    I couldn’t help but notice these MSNBC douchebags didn’t mention he FBI raid and seizure of this Obama regime money laudering enterprize.

    This is just the tip of the Obama dog sh*t pile. My guess is he’ll be in prison before the 2012 presidential election.

  • http://twitter.com/Good_Lt Good Lt.

    This is what’s known as corruption, Tommy.

    The same corruption Obama promised to rid Washington of when he rode in on a wave of rainbow unicorn sneezes and Skittles peddled by the Democrats in 2008.

    Remember that?

    (even though the other side of that coin is a CBO-estimated 3 million jobs created or saved)

    How many were created, and how many were “saved?” What kinds of jobs? What metrics are being used here?

    This, Tommy, is why this WH stenography doesn’t fly. They have no idea what the hell they’re doing, and they’re trying to talk their way past it. You’re merely repeating what they’re peddling simply becuase you voted for Obama and you are a Democrat.

    House Republicans have released emails that show doubts about the risks posed by such a loan, but a key linchpin in elevating this from mere shitshow to scandal has been the involvement of Obama fundraiser George Kaiser, whom many media outlets have reported was a major investor in Solyndra.

    As Hayes points out, though, Kaiser himself was not a Solyndra investor, his family’s non-profit foundation was.

    If the donor was a Republican, and the President was named Bush, this would have been used to drive Bush from office. Rightfully so.

    But it isn’t corruption and cronyism when Democrats do it. No, not at all. Only the GOP can be guilty of such unseemly things.

    You’re really starting to descending into hack territory, Tommy. I expect better from you.

  • Anonymous

    MSNBC… The Place for Damage Control.*

    *besides Tommy of course…..

  • Michelle

    Here a much better article about the scandal (notice I didn’t put quotes around the word scandal):

    Solyndra Nation

    To find a metaphor for the failed Obama presidency, look no further than
    Solyndra. Before it went bankrupt, the solar panel manufacturer was
    more than the recipient of a $535 million loan guarantee from the
    federal government. It was the model for the White House effort to put
    the American economy on a “new foundation.”

    In today’s economy, risks are socialized while profit is privatized. The
    government uses deficit spending to shape investment decisions and
    support markets that otherwise wouldn’t exist. Political connections
    determine the recipients of government largesse. Rentiers conceal their
    self-interest behind the organic hemp cloak of environmentalism and
    global “competitiveness.” The illusion can be maintained for a time, but
    in the end the bill comes due. There’s no money left. And everything
    disappears.

    http://www.weeklystandard.com/articles/solyndra-nation_593645.html

  • http://www.facebook.com/people/Dronetek-Bulk-Vanderhuge/100000918732763 Dronetek Bulk Vanderhuge

    He could have just said, “Its not a scandal because Obama is my guy and we’re trying to make this presidency sucsessful”. 

  • http://www.facebook.com/people/Dronetek-Bulk-Vanderhuge/100000918732763 Dronetek Bulk Vanderhuge

    He could have just said, “Its not a scandal because Obama is my guy and we’re trying to make this presidency sucsessful”. 

  • http://www.storminsmorningjava.blogspot.com/ stormin1961

    so this is who MSNBC pegged to do the SOLYNDRA story. On a Sunday, probably during football, so nobody would be watching.

  • Anonymous

    What good is state-run media, anyway, if it can’t put the proper spin on a disaster like Solyndra when necessary? 

  • Anonymous

    Unfortunately, blaming Bush is effective. Lol……….next time, the right wing would think twice before re-electing a failure of a president (Bush).

    Accept it, If Bush wasnt so bad, Obama would have never been able to escape criticism by the “Bush did it” argument

  • SNAPTIE

     Chris Hayes and BSNBC use Think Progress as their research department. Hayes claimed it was the Bush administration that pushed the loan for Solydra.  http://thinkprogress.org/romm/2011/09/13/317594/timeline-bush-administration-solyndra-loan-guarantee/

  • Anonymous

    president bush administration….grasp for straws tommy……..president obama’s administration did not vet the company properly…..2 months in office the loan was approved

  • Anonymous

    90% of tommy’s article are in defense of liberal dogma

  • Anonymous

    Anyone remember when Tommy was screaming at everybody for  daring to believe that Anthony Weiner would put up his pee pee on Twitter….?

    Yeah….that wasn’t a scandal either.

  • Anonymous

    And that is the problem.  They looked at their agenda and approved the loan based on their agenda, not based on what the company could or would do – they had no clue because they didn’t bother to investigate, they just saw a company that seemed to match their agenda – and being Obama supporters didn’t hurt either.  Now those 1100 ‘permanent’ jobs are just another part of Kalifornia’s 13% unemployment.

  • Anonymous

    How did that work out for you last November?

  • Michelle

    Kaiser
    Family Foundation 2009 grant to Michelle Obama’s ‘Urban Health
    Initiative’ sparks more Solyndra ‘crony capitalism’ questions

    A Daily Caller review of the George Kaiser Family Foundation’s income
    tax returns found that during the same year billionaire investor George
    Kaiser successfully secured $535 million in government loan
    guarantees for the now-failed solar panel manufacturer Solyndra, his
    private philanthropy donated to a political cause close to the hearts of
    several high-ranking Obama administration officials.

    Kaiser, a major Obama donor, was a frequent White House visitor during the week before the Obama administration approved that taxpayer-underwritten financial deal.

    A $10,000 donation to the Urban Health Initiative at the University of Chicago Medical
    Center appears on the group’s 2009 tax forms. It was also in 2009 that
    Kaiser successfully sought to lock down a loan guarantee for the
    green-energy company Solyndra through his two investment vehicles:
    Argonaut Ventures and the GKFF Investment Company.
    Read more: http://dailycaller.com/2011/09/18/kaiser-family-foundation-2009-grant-to-michelle-obama%e2%80%99s-%e2%80%98urban-health-initiative%e2%80%99-sparks-more-solyndra-crony-capitalism-questions/#ixzz1YPNTXy9R

  • Anonymous

    Remember when the left PROVED that is was a right wing hack job and Weiner had nothing to do with it, other than being a poor, poor victim?

    Good, good times. Hey, so how’s Bob Turner working out for you folks?

  • http://twitter.com/Good_Lt Good Lt.

    It worked as well as it will work for them next year, when Obama has had even more time to own it.

  • Anonymous

    I see that Christopher COMPLETELY ignores the most important element of this “scandal”;  The manner in which the loans were actually structured.

    When a company applies for these loans, US law demands that the loans be structured in a way that gives them priority above all other loans in the case of default.  The Solyndra loan IS NOT structured that way.  Instead, priority is given to the private investors/creditors instead.  THAT’s the real problem, and the real scandal.

    How are these loans structured?  Are they structured in violation of existing US law?  And, if they are in violation of US law, who is the culpable party and does this reach the level of criminal fraud rather than just a civil illegality?

  • Full Disclosure

     Full Disclosure  Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full DisclosureFull Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure The Same Chris Hayes whose wife , Kate A, Shaw , President Obama appointed to be Associate Counsel to the President. That Chris Hayes Tommy ?  

     The President has named Kate Shaw to be Associate Counsel to the President.  Ms. Shaw most recently served as an Associate Counsel in the office of the General Counsel to the Transition.

     http://www.whitehouse.gov/the_press_office/ObamaAnnouncesKeyAdditionstotheOfficeoftheWhiteHouseCounsel/ How did you miss the White house press release ?  Talking head whose wife is a Presidential appointment fails to find fault with Obama.  LOL Full Disclosure  Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full DisclosureFull Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full DisclosureFull Disclosure  Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full DisclosureFull Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure

  • Anonymous

     Full Disclosure  Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full DisclosureFull Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure The Same Chris Hayes whose wife , Kate A, Shaw , President Obama appointed to be Associate Counsel to the President. That Chris Hayes Tommy ?  

     The President has named Kate Shaw to be Associate Counsel to the President.  Ms. Shaw most recently served as an Associate Counsel in the office of the General Counsel to the Transition.

     http://www.whitehouse.gov/the_press_office/ObamaAnnouncesKeyAdditionstotheOfficeoftheWhiteHouseCounsel/ How did you miss the White house press release ?  Talking head whose wife is a Presidential appointment fails to find fault with Obama.  LOL Full Disclosure  Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full DisclosureFull Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full DisclosureFull Disclosure  Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full DisclosureFull Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure Full Disclosure

  • Anonymous

    Let’s give Tommy Christopher his due…..in his previous life he was a standup comic/contortionist….it was perfect training for the position he now holds.

  • Anonymous

    The agonizing contortions that Tommy’s reasoning must go through for him to reach his addled conclusions is truly AMAZING!

  • http://pulse.yahoo.com/_ASHKUEB7ZAMK365JBTKFJPDJI4 gsuvari

    I feel that your handle shows your bias.  And I don’t see a “cover up” here.

  • Darladoon

    you mean “democratic party dogma”

    not “liberal dogma”

    there’s a difference

  • Anonymous

    I don’t think it’s a blame Bush thing at all.  Obama made the decision.  But I think the idea is to point out that the attacks are that the Bush admin was vetting and considering the same proposition, thus Solyndra wasn’t waiting until they got their guy in and then started the whole process.  The idea is that the process started in the Bush administration and finished in the Obama administration.  Similar to the point of how Clinton didn’t take Bin Laden seriously either prior to 9/11.

  • Darladoon

    any comments on halliburton, michelle?

  • Moosenuts99

    You obviously haven’t been watching since theyve been reporting on it for A WHILE. Just not as this fake scandal that fits FOX’S narrative.

    LOL at the CONS wasting their time on this during slow news cycle. “Our constituents cheer killing people at our debate but LOOKIE OVER HERE!! SOLYNDRA!! “

  • ObamaSux

    However Tammy was a failure at that as well.

  • Moosenuts99

    He’s wrong, how? Calling names does not then make your “position” more
    Legit and factually accurate.

  • Moosenuts99

    Fact: YOU DONT KNOW THE FIRST THING ABOUT THIS COMPANY AND THEIR BUSINESS PRACTICES

  • Moosenuts99

    So you admit HALLIBURTON is/was a scandal?

  • Moosenuts99

    You don’t want to disprove his article with cited facts?

  • Anonymous

    But is that a scandal?  Or is it politics as usual?  I think it was wrong, absolutely, I’m just not seeing the scandal that will rock the Obama administration portion of it.

  • Anonymous

    Wasn’t it just a short couple of weeks ago Tommy’s headline read :

    “This Week‘s Christiane Amanpour Fails To Disclose Guest’s Ties To McCain Presidential Campaign”
     
    In fact, he felt it necessary to ” correct ” a commenter by responding directly ,

    No, that’s not what I’m saying. I’m saying the disclosure allows the audience to make an informed opinion about the value of his critique.

    How could Tommy not know that Chris  Hayes wife is Presidential appointee ?  Or consider it important in helping ” the audience to make an informed value of his critique ” as he ( Hayes ) tirelessly defends the administration  Informed opinion , indeed , Mr. Christopher , indeed .

  • http://www.storminsmorningjava.blogspot.com/ stormin1961

    your exactly right, i haven’t been watching it on MSNBC. just like the millions, and millions, and millions, and millions, and millions, and millions, and millions, and millions, and millions, and millions, and millions, and millions of others who don’t watch MSNBC. BTW, when did Jon Stewart become a contributing journalist for FOX? http://www.mediaite.com/tv/jon-stewart-blasts-obama-administration-for-solyndra-scandal/

  • Anonymous

    Solyndra IS a scandal.  The question is NOT IF but how big.   The OMB needed more time for due diligence, which was denied.  The government loan guarantee was allowed to be suborinate to an investor who frequently visited the white house, confirmed via the White House logs.  These are facts, not opinion.

    Bottom line is stop with the spin, and release EVERYTHING to get the story out there.  Everyone but liberals knows the stimulus was a huge failure, and here’s the poster child.  This story has MSM media frenzy written all over it… 

  • Arkansas Steve

    Tommy, when all these people are disgusted with your “writing” more than the story itself, it may be time to reconsider your career options.

  • Anonymous

    I’d really like to believe that the FBI is running an actual investigation and not just sanitizing the crime scene for the Obama regime.

  • Anonymous

    Oh, thanks for setting everything straight. All my questions on and about “Solyndra” have been asked. Thank God for you & Rachel Maddow. ( which one is which? Who’s the female & who’s the male? Or are you both the same? ) We no longer have to doubt the president.

    Chris you just make life so much easier to live.

  • Chucker

    Are you willing to treat Solyndra with the same outrage you gave to Halliburton, Darla?  See, your hypocrisy is also on display…

  • Anonymous

    Yep… of course Halliburton actually completed it contracts. And didn’t go bankrupt on our dime. But a no-bid contract for a company the VP used to work for IS a scandal.

    Now do YOU admit THIS is one???

  • Anonymous

    So, team Obama gets its story to MSNBC and tells them what to say and when to say it.  MSNBC obliges, like NBC, who does the bidding for Obama.  Tommy then reports it here, like a good lap dog media liberal Obama water carrier.

    I knew we would get some Solyndra stories once Obama got his story to MSNBC to report it HIS way rather than the TRUE way.

    So funny,so anticipated, so typical.

    honestly, journo’s think the public is stupid. 

  • Anonymous

    …and our newsest MSNBC loser dumps another load of Obamapologist crap. Thanks for the predictability.

  • Anonymous

    It’s all on Obama. When Solyndra showed weakness Bush put a stop to giving OUR money.

  • Anonymous

    So it wasn’t Weiner in the pictures?  Explain and prove your point.
    Why did he quit then?  Didn’t the Democratic leadership also want him out, in fact, helped push him out?
    So everybody in the media was lying about Anthony Weiner?  Is your tin foil hat slipping?

    Bob Turner has been elected, but hasn’t taken his seat yet.  So it’s time already to critize him, yuh?

    What a political hack job you are…Twisting history, promoting conspiracies, and critizing a congressmen before he’s even entered his office.

    How much does the Democratic Party pay you to troll here?  And what color is the sky in your world?

  • Anonymous

    “The leadership and actions of President Barack Obama, Energy Secretary
    Steven Chu and the U.S. Congress were instrumental in concluding this
    offer for a loan guarantee,” said Solyndra CEO and founder, Dr. Chris
    Gronet.   “The DOE Loan Guarantee Program funding will enable Solyndra
    to achieve the economies of scale needed to deliver solar electricity at
    prices that are competitive with utility rates.  This expansion is
    really about creating new jobs while meaningfully impacting global
    warming.”

    http://tinyurl.com/6yb34jf

    There’s your green jobs, kids.

  • http://twitter.com/Good_Lt Good Lt.

    Solyndra is Obama’s Enron.

  • Anonymous

    I know they gobbled up half a trillion taxpayer dollars and then filed for bankruptcy.

  • Anonymous
  • Anonymous

    It was Weiner. He admitted it. But the left PROVED it wasn’t. Just ask them.

    Bob Turner was sworn in last Thursday. I expect him to be a New York Republican.

    I’m not twisting history, I’m recalling it exactly as it developed.

    I think, if the Democrat Party were to pay me, they’d want to pay me to stop.

    The sky here is blue, with patches of white and grey, and a big, bright yellow spot. What color is yours?

  • NDanielson

    Half Billion. Be careful, you know how the leftnuts will take you to task for the slightest inaccuracy. Unless you’re a liberal leftnut. Of course.

  • Anonymous

    Solyndra=1% of what was invested on Green energy.

  • Anonymous

    Solyndra=1% of what was invested on Green energy.

  • Anonymous

    no liberal dogma….since tommy says he is a liberal

  • NDanielson

    The fact that Bush said they had merit and that vetting should continue is something so alien to leftnuts. If they knew anything about vetting we would not have a socialist clown in the WH. That said, Bush saying they needed continued vetting proves that Bush was not sold on Solyndra! It was far from an endorsement:

    In fact, not only did the Bush Energy Department’s credit committee unanimously reject the Solyndra loan, but OMB officials also raised red flags:

    The results of the Congressional probe shared Tuesday with
    ABC News show that less than two weeks before President Bush left
    office, on January 9, 2009, the Energy Department’s credit committee
    made a unanimous decision not to offer a loan commitment to Solyndra.

    Even after Obama took office on Jan. 20, 2009, analysts in the Energy
    Department and in the Office of Management and Budget were repeatedly
    questioning the wisdom of the loan. In one exchange, an Energy official
    wrote of “a major outstanding issue” — namely, that Solyndra’s numbers
    showed it would run out of cash in September 2011.

    There was also concern about the high-risk nature of the project.
    Internally, the Office of Management and Budget wrote that “the risk
    rating for the project sponsor [Solyndra] … seems high.” Outside
    analysts had warned for months that the company might not be a sound
    investment. (http://www.humanevents.com/article.php?id=46217)

    Then there is the illegal issue of re-structuring: that was all Barry.

  • Darladoon

    so tommy wants the democratic party to be something that it isn’t?  

    i.e.  more progressive?

  • Darladoon

    no, i’m not

  • Darladoon

    enron was screwing people over by overcharging for power; they were cooking
    the books; and fraudulently making billions of dollars 

    solydra was doing no such thing

  • Anonymous

    ask him…..tommy puts forth liberal dogma

  • NDanielson

    Another bang-up article from FoxIsBad.com’s Tommy Christopher.

  • Anonymous

    you dont know what solyndra was doing, wait for the FBI investigation to know for sure

  • Truly

    500 Million though prolly would have paid for alot of school lunches .

    Why do you want children to starve ?

  • Anonymous

    When the new weekend show hosted by Chris Hayes debuts on MSNBC September 17, expect a “cast of characters” but none of the usual suspects.Hayes tells New York his goal is to feature a regular panel of younger, more diverse group of contributors than other cable news shows. “I don’t want hacky partisans,” he says.

    LMFAO!

  • NDanielson

    Moosenut: “[Y]our constituents cheer killing people…

    Your constituents cheer killing fetuses, moosenut. And have cheered if for decades. Your boy in office has even taken steps to assure taxpayer funded abortion, moosenut.

    http://www.youtube.com/playlist?list=PL6D142912AC29CBFC

  • NDanielson

    How many American companies do what Halliburton does, genius?

  • Anonymous

    You’re right, of course. And I actually knew that. But I made the mistake of using Tommy to double check my facts.

    The short version of the Solyndra story is that the company received
    $535 billion in loan guarantees from the government under a Bush
    administration program that was expanded by President Obama‘s 2009 stimulus law.

    My bad. It won’t happen again.

  • Anonymous

    Where are the green jobs?

  • NDanielson

    Paul Krugman’s Enron?

    In 1999 Krugman was part of an Enron Corporation board that paid him $50,000. In 1999, as journalist Andrew Sullivan has reported,
    Krugman wrote an article praising Enron’s free-wheeling entrepreneurial
    structure. (Enron would later collapse amid scandal and charges of
    financial wrongdoing. Thereafter distancing himself from the disgraced
    company, Krugman in a 2001 column would describe the aforementioned
    board as “an advisory panel that had no function that I was aware of.”)

    Imagine that.

  • Chucker

    The scandal may lie in the access that George Kaiser had and his influence as a major contributor to the Obama campaign.  That the government invested in a failed business is not so major (see: the US Postal Service), but if a contributor convinced the administration to fast track a loan without proper vetting, that is a different case.  And it will grow if the White House doesn’t quickly answer the charges, especially if they are true.

  • Holistic

    Typical liberal repsonse. They never can take responsibility for anything.

  • Chucker

    Enron also received multiple bailouts from the Clinton Administration.  It wasn’t until George W Bush (the one you hate so much) REFUSED Enron’s request for more government assistance that their corruption was uncovered. 
    @aa3c388de136bc9672d1678bff271ab1:disqus 
    Just sayin….

  • Jp7077

    You hit the nail right on the head

    “but despite Jon Stewart‘s credulous purchase of the “scandal,” it doesn’t really amount to much upon closer inspection.”

    Translation:…..nothing to see here folks……move along…..move along..

  • bohratom

    I’m an independent so I thought I would give the benefit of the doubt when mediate was putting out a good view for Chris Hayes new show and how he might be different then the rest of the left at MSNBC.

    Well that did’nt last long now did it. Obama administrative aids were pushing both OMB and the energy department to expedite their review of the Solyndra 500 million loan so that VP Biden could give a political speech about it. Sheez and Chris Hayes sees nothing wrong with the fact that now due to political pressure, we the tax payers, and stuck with 500 million more in debt for our kids… Typical Left wing hack from MSNBC.

  • Jayamerican1

    “On Sunday’s sophomore edition of Up with Chris Hayes , freshly-minted host Chris Hayes took on the burgeoning Solyndra “scandal,” and made the case that it was, at worst, a case of bad optics. ”

    Hey Tommy..you spelled sophmoric wrong…that is what this show and it’s host are isn’t it..come to think of it that’s a good definition of your column as well.

  • Anonymous

    $1,251,788,416,845 Spent on war by the Untied States since 2001.
    School lunches? How about America? WTF?
    Why do you want Americia’s infrastucture to fall into total disrepair?

  • Norbit

    Why it’s not a scandal?

    That’s easy…because he’s a Democrat!

  • WardMD

    Of COURSE blowing half-a-TRILLION TAXPAYER DOLLARS is “no big deal” (to Liberal Democrats)!

    After all – Solyndra DOES represent the future of “Green Jobs” (Obama told us so):  It is, what we in the Computer industry have long called, “Vapor-ware” (a PROMISE that cannot be realized)!

    This is just ANOTHER example why the GOVERNMENT should keep it’s nose (and Taxpayer dollars) OUT of Private Industry!

    If there’s a DEMAND for solar panels, companies like Solyndra will have NO PROBLEM getting Venture Capital, if NOT, there’s NO JUSTIFICATION for the Government PLAYING Venture Capitalist (WITH OUR MONEY)!

  • Anonymous

    Tommy is so in the tank for Obama and the rest of the liberal/progressive/socialist stuff.   It’s almost magical how brown starts appearing around around your nose.  Pretty soon the stink will follow. 

  • Anonymous

    OOOppss an extra around.   Watch out for the brown Tommy…..  LMAO

  • Anonymous
  • Anonymous

    I guess Tommy didn’t like my “Brown Nose” comment.   Wonder why Tommy doesn’t have a photo on the site?  Probably because his brown nose from Obama’s ass would show.  

  • Anonymous

    I guess Tommy didn’t like my “Brown Nose” comment.   Wonder why Tommy doesn’t have a photo on the site?  Probably because his brown nose from Obama’s ass would show.  

  • SYSPROG

    I know you guys like to jump on one person and try to invalidate an entire argument but at the BEGINNING of all this there was full disclosure about who Hayes is and who he is married to.  THAT is why there was a PANEL there to talk about the question.  Lopsided you say???  OK, go watch FOX or any other talk show run by the MSM…THEN you’ll see lopsided.  Oh NO…that might get in the way of you baching people who don’t agree with you.  When did everyone with a difference of opinion become the ENEMY??? 

  • SYSPROG

    WOW…the Daily Caller???  REALLY???  At least TRY to cite a less partisan source.  Honestly…

  • SYSPROG

    probably they were ‘structured’ about as well as the mortgages that ‘the best and the brightest’ from YOUR SIDE structured???  Oh right…let’s move on…

  • SYSPROG

    Everyone BUT liberals???  Oh yeah…this is one of those ‘belief’ vs ‘facts’ discussion.  ECON 101.  It worked.  Theology talking points 101…it CAN’T have worked…we got our TALKING POINTS.  Grow UP and deal with FACTS.

  • Sharpo

    Why are you a poosey ?

  • Anonymous

    This website is just becoming frustrating and boring, it’s not about politics.. it’s just people bitching about the other side (which I am a multiple offender)… but honestly, who cares anymore. Even if Solyndra wasn’t a big deal… Republicans would make it a big deal. IT’s just how it is and why politics is slowly becoming pointless. 

  • Anonymous

    Woooooossssh!

  • Anonymous

    People forget about Enron and “Kenny Boy” Bush was giving special tax breaks to Enron and they destroyed a lot peoples lives.    

  • Anonymous

    stop using that word and its spelling.  (might I offer “pansy” instead?)

    seriously.  it’s awful and does you no favors.  it’s often all you say, btw.

    kindly refrain.  us lefties just roll our eyes at it.

  • Anonymous

    I know you guys like to jump on one person and try to invalidate an entire argument but at the BEGINNING of all this there was full disclosure about who Hayes is and who he is married to. 

    Uhh …….You’re wrong .

  • Anonymous

    The stench of corruption from the OBOZO regime is as bad as its stench of incompetence.  If EPA really wanted clean air (instead of just wanting to destroy jobs and the American economy) they’d regulate the OBOZO regime out of existence the way they regulate companies that create jobs out of existence.

  • Jason

    Blaming Bush works because there are alot of idiots in the world who believe anything someone on tv tells them, especially if it’s repeated over and over and over and over and over, as it is on CNN and MSLGBT.

    By the way, it’s not working anymore. You reached the shallow end of that moron pool about a year ago.

  • Anonymous

    This article is so filled with junk it is hard to separate. The Bush Administration wanted further review of Solyndra because they had seen evidence that the market was flooded. As soon as the Obama Administration took over they completely ignored all the facts presented to them and fast-tracked the loan to approval. Also, the CBO said the stimulus saved or created anywhere between 1.4 and 3.3 million jobs. That’s a big gap of unknown. Doing the rough math it means we spent anywhere between $585,000 and $250,000 per job.

  • Jason

    That’s why nobody takes you seriously, stupid.

  • Jason

    If you were suddenly thrust into a coma and had no insurance, i’d let you die. I wouldn’t cheer about it, but I sure as hell wouldn’t pay for your surgery. You’re a hateful idiot who the world would be better off without.

    Now scream about how Conservatives want people to die, because none of it matters, and it’s not going to save Obama’s job next year. Pussy.

  • Anonymous

    Yes Halliburton did actually complete it’s contracts like the showers in Iraq responsible for the electrocution death of 19 US troops.  Where was the outrage over Halliburton/KBR’s profiteering at the expense of 19 US troops lives which were a lot more valuable and important than $535 million dollars.

  • Anonymous

    SHOUT OUT TO TOMMY!!!
    You are needed over on the “confidence book” page to come to Obamas defense!!!

    Probably the busiest Obama suck-up re-reporter of the news coast to coast with this incompetent admin…….btw, might want to wipe you nose, got a brown spot on it!!

  • Jason

    I honestly am embarassed for the writer of this piece(of shit).

    I can’t imagine being so emotionally tied to any politician, much less Obama. I wouldn’t be shocked at all if this idiot off’s himself if/when Obama loses re-election.

  • Jason

    Don’t count on it. Any paper trails that can be eliminated, will be eliminated. Are we really to believe that Eric “Black Panther” Holder sent the feds in before the major scandal broke, and it all went down legally?

    The one thing that’s going to be the downfall of Obama is the economy. There’s no paper trail they can get rid of there.

  • Guest

    Well, shit, that’s not fair. You’re not supposed to ask Republicans to back up their claims. That’s their weak spot.

  • Jason

    Yes, you lefties are nothing if not eloquent users of the english language. No crass assholes in your bunch. 

    Are you fucking kidding me?

  • Jason

    If you’ve ever seen Tommy Christopher, you know why he doesn’t have a picture on the site. The guy makes the elephant man look handsome.

  • Jason

    Bush gave tax breaks to everyone. If there had been ANY possible way to tie Bush to ENRON, Tommy and the media who’s leg he humps for a living would have unearthed it a long time ago. Stop living in the past, by the way. It’s two thousand fucking eleven.

  • Anonymous

    Calm down now!!  It’s well known that Bush had ties with Enron and gave them special tax loop holes. They were criminally prosecuted and thats why Skilling is in Jail.  Just because it’s in the past doesn’t make it okay.  

  • http://twitter.com/BarneyFranken Barney Franken

    “A key linchpin in elevating this from mere shitshow to scandal has been the involvement of Obama fundraiser George Kaiser, whom many media outlets have reported was a major investor in Solyndra. As Hayes points out, though, Kaiser himself was not a Solyndra investor, his family’s non-profit foundation was.”
     
    You are kidding here right?
     
    “Two of Solyndra’s largest investors are Argonaut Ventures I, L.L.C. and the GKFF Investment Company, LLC. Both firms are represented on the Solyndra board of directors by Steven R. Mitchell (see Solyndra S-1 page 119). Both are investment vehicles of the George Kaiser Family Foundation of Tulsa, Oklahoma.”
     
    This is such a disingenuous argument- how can Chris Hayes look anyone in the eye and say that “The George Kaiser Family Foundation” isnt the same as George Kaiser himself?
     

  • Chris

    The scandal is not the cronyism…it’s the STUPIDITY of giving money to a firm that spent $6 to make something it sold for $3…and it still couldn’t compete with Chinese solar panels.

  • http://twitter.com/BarneyFranken Barney Franken

    Come on guys…take it easy on Tommy…! He’s been on a lot of pain medication recently…

    After all, the HUGE amount of water he carries for Obama and the democrats really does a number on his back…

  • http://twitter.com/BarneyFranken Barney Franken

    Actually it means just the opposite. If there is no wrong doing and nothing to hide, you should be welcoming an investigation, not saying “nothing to see here, move along.”

  • James

    Chris Hayes needs to explain why he squats to pee!

  • SILGARY

    Solyndra, the new face of Green Technology.
    Solyndra, one of the many faces of what our Stimulus program will bring to America.
    Whether there’s a full blown investigation that uncovers any wrongdoing or not makes no difference. You’ll still need a chisel to chip the egg off this administrations face.
    Before Hayes opens his mouth he should see how the other 39 companies are doing and what reports come out of the FBI investigation.

  • Jayamerican1

    First of all if you had read carefully my comment you would have seen that I was suggesting you chose the wrong word rather than spelled it wrong as sophmoric in my opinion is a better description of Chris Hayes and his MSNBC ameteur hour. But more importantly it is interesting how you crawled out of your hole to respond to this comment where you thought you had an easy put down.And yet you ignored all the above comments questioning your jounalistic integrity by not disclosing that the wife of Chris Hayes is connected to the white house considering your previous rant about a republican in a similar instance.

  • caconservative

    Republicans would have us BELIEVE it’s a scandal? Either it is, or it isn’t, regardless of who is saying it! In this case, a company was fast-tracked money because Obimbo needed an example of Green jobs. Turns out, it’s costing the company twice as much to manufacture them as they could sell them for because, no one’s buying them. And, the administration, along with company new they were in financial trouble prior to accepting the taxpayer based loan.   

  • caconservative

    Republicans would have us BELIEVE it’s a scandal? Either it is, or it isn’t, regardless of who is saying it! In this case, a company was fast-tracked money because Obimbo needed an example of Green jobs. Turns out, it’s costing the company twice as much to manufacture them as they could sell them for because, no one’s buying them. And, the administration, along with company new they were in financial trouble prior to accepting the taxpayer based loan.   

  • Anonymous

    “Chris Hayes Explains Why Solyndra Bankruptcy Is Not A Scandal”; and, at the same time, reveals why he’s an idiot!

    How does this guy breath with his head so far up Obama’s….?

  • david r

    He was wearing his “family foundation” hat at the time.  And the White House people were wearing their “government for sale” hats.

  • david r

    Doing the rough math it means we spent anywhere between $585,000 and $250,000 per job.

    The layabout Dems are right.  It would be better to just give them the money.

  • david r

    That’s cold, man.  He has a face for print media.  That’s much nicer.

  • Anonymous

    Gee, Tommy Christopher running interference for the administration. Didn’t see that one coming. I’m guessing he’s lobbying for a position in the ministry of propaganda.

  • http://twitter.com/runforfun54 Ilene K

    Oh, those pesky facts again getting in the way of bagger “reality.”    This is really the best you got?

  • Anonymous

    Even if Solyandra was a just a bad investment, it was still not as bad as the Bush Family’s friends at Enron. That was bad.

  • ObamaSux

    Not as bad as the Obama/Rezko investment.

  • TruDat

    And who advised Enron?  Lefty hero Paul Krugman.

  • http://pulse.yahoo.com/_RM7ZRXZ3F6F4KJDFMNBG2FHGIU MichaelF

    You’re talking about Fox News? Where most of what’s said is soviet style propaganda and only the idiots believe it.

  • http://pulse.yahoo.com/_RM7ZRXZ3F6F4KJDFMNBG2FHGIU MichaelF

    One bad loan and you’re back to sucking coal dust. You live in the past. The Chinese have invested 30 billion in this and they now produce 54% of all solar panels. Your mindset conscripts America to living in the past and once again fall dependent upon foreigners for their energy source. You’d have laughed at The Wright Brothers too….while riding happily on your steam train.

  • http://pulse.yahoo.com/_RM7ZRXZ3F6F4KJDFMNBG2FHGIU MichaelF

    Until we have public financing or elections every decision made by every president or elected official will be suspect—except of course for “your side.” The GOP sucks money from fossil fuels but I’m sure you don’t think that’s driving Upton and the other conservative clowns. Right? Why even ask.

  • Joey Pearl

    Thanks for the Story.  Very important information for my practice as a Bankruptcy Attorney.

    Joseph Pearl
    Bakersfield Bankruptcy Attorney
    http://BankruptcyBakersfield.com

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