Wednesday, April 04, 2012

WTF: Treasury Given ONE DAY to Review Solyndra Loan !!

The Obama Administration's response to the appallingly colossal waste of money on the green energy fantasy company connected to his donors and cronies, Solyndra, seems to be "you can't win 'em all." Well, let's forget for a moment the certainty that green energy will fail based on the physics, and assume that these projects pass science muster and must be evaluated on an economic basis. Who in government would do that? Treasury maybe?
The U.S. Treasury Department was given one day to review Solyndra LLC’s $535 million U.S. loan guarantee after learning the Energy Department was ready to announce the award publicly, according to a Treasury audit.
Oops.

For taxpayers, it appears we won't win any of 'em.

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