Truth Has No Agenda (GB)

Posts tagged “cloward and pivien strategy

Obama Administration Considered Giving More Money to Solyndra, Emails Show

[TheBlaze.com]

According to hundreds of pages of emails obtained by Fox News, the Obama administration was considering giving an additional $5.4 million to the now-bankrupt solar panel manufacturer Solyndra in late August — just days before the firm filed for Chapter 11, laying off all of its employees.

The emails allegedly reveal that Energy Secretary Steven Chu and his staff were eager to find a way to salvage the distressed company, but officials at the White House, Treasury Department and Office of Management and Budget stepped in, ultimately cutting off additional funding to the company.

(more…)


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