Posts Tagged ‘Barton

27
Sep
11

‘the birthing of solyndra’

Dana Milbank: ….Solyndra has become a tool for Republicans to discredit most everything the administration seeks to do … this week, the government faced the prospect of a shutdown because House Republicans added a provision to the spending bill to draw more attention to – what else? – Solyndra.

“…. we have all agreed to add emergency funds we didn’t originally plan in this bill, and Republicans have identified a couple of cuts,” explained Mitch McConnell, including “a cut to a loan-guarantee program that gave us the Solyndra scandal.”

…. What McConnell neglected to mention is that Solyndra was cleared to participate in this loan-guarantee program by President George W. Bush’s administration. He also did not mention that the legislation creating the loan-guarantee program, approved by the Republican-controlled Congress in 2005, received yes votes from – wait for it – DeMint, Hatch and McConnell.

…. the Republican paternity of the program that birthed Solyndra suggests some skepticism is in order when many of those same Republicans use Solyndra as an example of all that is wrong with Obama’s governance.

…. DeMint said the Solyndra case exposed the “unintended results when our government tries to pick winners and losers.” That’s a valid criticism, but it would be more valid if DeMint hadn’t been a supporter of the loan-guarantee legislation in 2005.

But that was before Obama’s presidency, and views back then were different. They were more like the March 2008 press release from Bush’s Energy Department, announcing that it was funding research projects on photovoltaic technology: “These projects are integral to President Bush’s Solar America Initiative, which aims to make solar energy cost-competitive with conventional forms of electricity by 2015.”

Among the winners listed in the press release? Solyndra.

Full article here

19
Jun
10

so sorry, bp




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