Solar panel firm Solyndra to cease operations

The Fremont, Calif., company, which had received a $535-million Energy Department loan guarantee and hosted a tour by President Obama, plans to seek bankruptcy protection.

Wednesday, August 31, 2011

...And The Golden Truth Is Revealed:

Kudos to a commentor who dug this story up. It turns out that the owner of Solyndra was a big source of campaign contributions to Obama AND Obama cut corners around the rules in place to get over $500 million in funding to Solyndra. Here's the report: LINK

Since this company just pissed away public money, I would suggest that we get to see a detailed look at the inside books so we can see just how much of that $500 million went into the bank accounts of the upper management.

Moreover, it sounds like many of Obama's political allies and fundraisers were beneficiaries of "green" loans from the Taxpayers. I don't know who the Obama supporters think they voted for, but I guarantee you that Obama is at least as corrupt as most of his predecessors. One of my biggest worries about him was that he was a product of the Chicago political "machine," which means there isn't an honest bone in his body...Please note that the story is from ABC News and not some conspiracy-theory addled source.