Tuesday, September 27, 2011

Solyndra

It has already been two weeks since the general public became aware of the Solyndra scandal. In that time two of the top executives of the now bankrupt company have invoked the 5th in Congressional hearings, links to high roller political donors and the Obama Campaign have been found and it was learned the $535 Million dollars loans were re-worked so the private investors would be paid first ahead of the taxpayers, illegally I may add since Federal Law is very clear on that issue. Yesterday it was reported the California Democrat Party is listed as one of the creditors. How is that legally possible? Short answer; it's not. Party officials claim they have no idea why the party was listed. My guess is they are shocked no one took the organization off the list before it went public!
So here we have a President handing out half a billion dollars to campaign fundraisers through bogus loans, then his people protect those folks ahead of the taxpayers whose money it is, then some of those funds are diverted to the California Democrat Party to be used to no doubt campaign for more taxpayer funded projects. Not true you say? No proof you say? Well here's what I say to you. Prove my theory is wrong! You see, right now my theory is as plausible as any other, including the one given by the players involved so far, which is "we don't know" or "we're not talking!" Stay tuned, this should be a hoot going forward.