A Solar Flare For The White House

[Geee]

Investors Business Daily:

Corruption: Government documents indicate that the White House plan to financially aid a failing green energy company might have been outside the law. The sun never sets on the Solyndra scandal.

On Friday, while most of America was preparing for the weekend and not paying attention to the news, the government released a batch of Solyndra emails.

They showed that Treasury Department and Office of Management and Budget officials were concerned about the Energy Department's giving Solyndra more money even after the failed company had defaulted on its $535 million government loan.

Specifically, the officials worried that the plan was putting Solyndra investors before taxpayers, a violation of federal law. So disturbed were Treasury and OMB that they advised the Department of Energy to consult with the Department of Justice. But DOE, eager to pump the chimera of green energy, declined.

It's also possible there was a financial interest for one DOE official that was too important to be derailed by contacting a controlling legal authority, if we might employ a phrase former Vice President Al Gore once used to excuse his questionable behavior.

The Washington Post reports that "records provided (last) Friday by a government source also show that an Energy Department stimulus adviser, Steve Spinner, pushed for Solyndra's loan despite having recused himself because his wife's law firm did work for the company."

Spinner, now at a left-wing think tank, has been described by ABC News as "an elite Obama fundraiser hired to help oversee the administration's energy loan program" who "pushed and prodded career Department of Energy officials to move faster in approving a loan guarantee for Solyndra."

Time refers to Spinner as a "top Obama fundraiser" who was entangled in the Solyndra loan even after "agreeing to avoid any 'active participation' in the company's application" due to his wife's job.

[clearvision]

There is a questionable legal matter when they adjusted the terms towards the end and made the US 2nd to other new investors. The law authorizing this says that is not allowed, but they got some internal legal opinion saying the law did not apply to this particular circumstance and went around it.