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Unreal: CBS News Identifies Eleven 'New Solyndras'


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Guy Benson

As regular readers are well aware, Solyndra was a troubled "green energy" firm into which the Obama administration poured half-a-billion taxpayer dollars as part of their "stimulus" program. They did so over multiple red flag warnings from both their own and Bush-era accountants. Despite the generous infusion of cash, the company went bankrupt last year, destroying 1,000 jobs and flushing hundreds of millions of taxpayer dollars down the toilet. Luckily for the firm's top investors -- who happened to be major Obama campaign donors -- the administration generously refinanced the loan to ensure that said investors would recoup the first $75 million in losses when the company went under. And as the ship was sinking, Obama officials and Solyndra executives (who are now lining up for bonuses) assured the public and Congress that everything was fine and dandy. It was a disgrace. Now CBS News' Sharyl Attkisson, who is already in hot water with the Obamites for daring to report accurately about Fast & Furious, has filed a new report detailing eleven "new Solyndras." These companies were given billions in taxpayer subsidies, despite serious financial problems, and have subsequently (and predictably) gone bust. Hey, remember this? Behold, President Obama's economic handiwork:

Ed Morrissey has more on this mess. American taxpayers have seen this movie before, and we're bracing to see it over and over again.


UPDATE - Americans for Prosperity has unveiled a new multimillion dollar ad buy, hitting Obama on Solyndra. Today's CBS report will give them a lot of fresh material for future spots. Well done:

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