Sunday, September 25, 2011

Investigating the Solyndra scandal = McCarthyism

.. one of those standard equalities in pinko Logick.
REGURGE: Pinko shyster hog heaven!
Posted by at
Labels: , ,

3 comments:

Tecumseh said...

Details:

Energy Secretary Stephen Chu showed up at the groundbreaking of Solyndra’s massive 300,000-square-foot, $344 million factory two days later... Solyndra soon closed its existing manufacturing plant nearby, raising the question of why it had needed to build the new plant in the first place. The existing plant was capable of producing 110 megawatts of panels a year; in 2010 Solyndra sold only 65 megawatts worth of panels.

Former employees told the Washington Post about lavish spending for frills such as “a gleaming conference room with glass walls that, with the flip of a switch, turned a smoky gray to conceal the room’s occupants. Hastily purchased state-of-the-art equipment ended up being sold for pennies on the dollar, still in its plastic wrap.” One employee told the Post that the massive federal fillip “made people sloppy.” Meanwhile, Solyndra submitted an application for an additional $469 million from the DOE’s loan guarantee program.

They also began spending more money on Washington lobbyists, in the usual manner of politically tethered businesses. Solyndra’s lobbying expenses jumped from $160,000 a year in 2008 and 2009 to $550,000 in 2010 as it ramped up efforts to secure the second loan guarantee.

Pinkish-greenish jobs galore. Pepe's hog heaven.

9/24/2011 5:06 PM
Mr roT said...

Who wants glass walls unless the secretaries fun' round nekkid?

9/24/2011 5:24 PM
Tecumseh said...

I thought Pepe likes chasing secretaries? Then again, perhaps they need to have that Berkeley look -- you know, hairy legs and all.

9/24/2011 7:29 PM

Post a Comment

Subscribe to: Post Comments (Atom)