Grassfire Nation Update
Conservatives,
Last Friday afternoon amidst the news of two House
investigations into a breaking scandal involving a
$535 million federal loan failed solar company Solyndra,
and more than $4.7 billion for four additional loans
for troubled solar companies, Grassfire Nation
launched a national petition calling for a full
investigation into what is becoming "Solar-gate."
The early results of our petition were positively shocking!
We had an abysmal response -- indicating that either
American taxpayers don't care that billions of their
tax dollars were simply wasted on failing solar companies,
or they don't understand the issue and how Obama and his
minions swindled taxpayers for their own gain.
Because the truth about the solar scandal won't be found
in the mainstream media that have all but gone silent
regarding the story, we are hoping it is the latter ...
+ + Cronycapitalism: Alive and Well in the Obama Administration
According to Michael Barone of National Review, President
Obama paid a visit to Solyndra in May of 2010. There he
touted the solar panel manufacturer saying companies like
"Solyndra are leading the way toward a brighter, more
prosperous future."
Hailing the green-jobs loan-guarantee program, he added,
"We can see the positive impact right here at Solyndra."
But lurking just below this Public Relations stunt was
serious trouble. Only months before, Price-WaterhouseCoopers
performed an audit on Solyndra noting that the company had
accumulated losses of "$558 million in its five years of
existence." The audit concluded, with a warning and
"substantial doubt about its ability to continue as a
going concern."
And still the Obama administration rushed a $535 million
loan through. A loan that should have never been made
given due to the results of the audit only two months
before ...
Starting to smell scandal now?
Here's what has already oozed to the surface ...
-- Green Source is reporting that several of Obama's
biggest fund-raisers had close ties to Solyndra,
including billionaire George Kaiser, who worked
on Obama's 2008 election, and was a major investor
in the failed solar company.
-- Steve Spinner who worked closely with Obama during
his campaign, and took a top job at the Energy
Department was chiefly responsible for pushing
for the loan, while his wife worked for the law
firm representing Solyndra.
-- Spinner's wife's law firm Wilson Sonsini, collected
$2.4 million in federal payments for legal work
related to Solyndras federal loan.
And just two weeks ago, on September 30, the Energy Department
rushes through an additional $4.7 billion in "green energy
loans" to four other companies on the very day the funding
expires under the 2009 stimulus act -- this only three weeks
after federal agents raided the closed offices of Solyndra
(Sept. 8, 2011).
Where is the grassroots outrage over being bilked for more
than $5 billion? This latest assault on the American taxpayer
by Obama compels a strong citizen response.
Click here to sign our national petition calling for
honesty and accountability in "Solar-gate":
http://www.grassfire.net/r.asp?u=52949&RID=33107475
Obama is breaking the backs of private business while funneling
billions in taxpayer monies to fund his failed "green energy
agenda." And while the American worker suffers, his liberal
cronies are raking in tens of millions of your tax money!
Demand accountability by signing our petition today:
http://www.grassfire.net/r.asp?u=52949&RID=33107475
As soon as we reach 50,000 citizen petitions, Grassfire Nation
officials will hand-deliver the petitions to the House
subcommittees as well as other key officials!
After signing, forward this message directly to 30-40 friends
and family members urging them to join the growing chorus of
citizen outrage by clicking below and signing our petition:
http://www.grassfire.net/r.asp?u=52949&RID=33107475
This is a moment that demands a strong response. Take a moment
today to sign this petition giving us permission to represent
you!
Thank you for turning to Grassfire Nation.
Grassfire Nation
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