ThinkProgress: It’s often claimed that the Solyndra loan guarantee was “rushed through” by the Obama Administration for political reasons. In fact, the Solyndra loan guarantee was a multi-year process that the Bush Administration launched in 2007.
You’d never know from the media coverage that the Bush team tried to conditionally approve the Solyndra loan just before President Obama took office…..
Because one of the Solyndra investors is funded by George Kaiser – a man who donated money to the Obama campaign – the loan guarantee has been attacked as being political in nature.
What critics don’t mention is that one of the earliest and largest investors, Madrone Capital Partners, is funded by the family that started Wal-Mart, the Waltons. The Waltons have donated millions of dollars to Republican candidates over the years.
…. the media has decided on a narrative that matches right-wing talking points but not the facts….
… To set the record straight, Climate Progress is publishing this timeline – verified by Department of Energy officials – that shows how the loan guarantee came together under both administrations. In fact, rather than rushing the loan for Solyndra through, the Obama Administration restructured the original Bush-era deal to further protect the taxpayers’ investment (See timeline at the link)
What critics fail to mention is that the Solyndra deal is more than three years old, started under the Bush Administration, which tried to conditionally approve the loan right before Obama took office. Rather than “pushing funds out the door too quickly,” the Obama Administration restructured the original loan when it came into office to further protect the taxpayers’ investment.
ThinkProgress: The Washington Post’s blogger Jennifer Rubin reports that the neoconservative Emergency Committee for Israel has a new ad accusing President Obama of “siding with the Palestinians” in his May 19 speech….
….Yet here’s what ECI’s own executive director Noah Pollak tweeted about the speech as it was happening:
So, first Pollak thought the line about the ’67 borders was no big deal ….. but then, when there was an opportunity to attack President Obama, the line about the ’67 borders magically became a dangerous betrayal of Israel. You really couldn’t ask for a better demonstration of bad faith.
One shouldn’t, of course, expect Jennifer Rubin herself to report any of this. In addition to being Pollak’s former colleague at Commentary, back in February Rubin took a trip to Israel, courtesy of the Emergency Committee for Israel.