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OBAMA, GEORGE KAISER AND SOLARGATE

Posted by ApolloSpeaks on Wednesday, September 21, 2011 12:18:19 PM

President Obama visits the Solyndra facility in May 2010
An impressed Barack Obama-the greenest president in US history-is given the grand tour of  the Solyndra facility last year, which just recently closed its doors after blowing $535 million in stimulus funds.

August, the month of Obama's ill-starred birth (ill-starred to fail as president), was the worst of his disastrous presidency. It was the month that saw the deadliest day of the Afghan War when 22 Seals and 13 others were killed by the Taliban in a copter attack. It was the month that the Washington monument cracked from an earthquake followed by a roaring hurricane that tore through the east coast causing massive flooding and damage. It was the month that America's credit rating fell, downgraded by S&P, and the stock market lost over a thousand points in three days of trading. It was the month that Obama went on a bus tour that outraged black Americans because he's failing them and didn't visit them. it was the month where economic indicators pointed to a double dip recession; and where the debt ceiling crisis came to a head leaving Obama a weakened president-with his job approval score slipping under 40%. In short, it was a month that Obama would rather forget. But at the month's end (August 31st) another calamity struck: Solyndra, the west coast solar panel firm, went bust. And that's the topic of this piece and what it might portend for this reckless, spendthrift, fool of a president. 


According to Senator Orin Hatch 35 states got less stimulus money for infrastructure spending than Solyndra.  What a bold, new energy policy for the 21st century.
 
Most of you know the story by now: Obama imagining himself to be the planetary messiah, anointed by God to save us from our polluting carbon based economy and a Global Warming catastrophe, ignored an Energy Department analysis that Solyndra would go bankrupt by September 2011, and approved a $535 million stimulus loan. What did the auditors at the Energy Department know? They're just a bunch of dolts. The Solyndra folks' hearts were in the right place; they were solar energy warriors at war with the industrial age, certified by Green Peace and Al Gore. They needed little more to qualify for the loan. Solyndra was on the right side of history to win the future for clean energy, and that would make them a success however bad their business plan. That's how leftists think you know. Give healthcare to all, and put every poor family in an unaffordable home; it's the right thing to do, and screw how to pay for it now; in time it will magically work itself out. And so was it with Solyndra (and the green economy as a whole) that made solar panels at $6 per unit and sold them at 3-it doesn't get any greener (naive) than this (see). By 2011, thought Obama in 09, the economy, and alternative energy sector, would be booming from mega stimulus spending; and demand for solar energy (after all his global warming propaganda) would skyrocket, finally making the unsustainable industry flourish-with Solyndra creating "1000 permanent jobs*" as Biden foretold*. That I believe was Obama's brainless scheme-influenced no doubt by billionaire, campaign donor George Kaiser, who was in danger of losing his Foundation's substantial investment in Solyndra**.
 
*A $535 million loan creating a 1000 new jobs comes out to $5,350,000 per job.
 
**The George Kaiser Family Foundation owns about 37% of the company. 
 
One thing above all is crystal clear: IF IT WASN'T FOR GEORGE KAISER BRINGING SOLYNDRA TO OBAMA'S ATTENTION IT WOULDN'T HAVE RECEIVED A DIME OF GOVERNMENT STIMULUS FUNDS. Kaiser found a  willing fool in Obama. A useful idiot to protect his Foundation's bad investment in Solyndra. Instead of his Foundation risking more of its capital to save the failing company Kaiser got Obama to do it as a personal favor to him. Urged by Kaiser, and misguided by the belief that Solyndra would succeed because it was in the business of the future-a business that his clean energy policies would benefit-Obama intervened; overriding the Energy Department's rejection of Solyndra's loan application Obama directly approved the half a billion dollar loan. Obama personally owns this disaster; his signature is all over it as he visited the Silicon Valley plant last year and praised it's operation to the sky calling it " an incredible cutting edge company;" a pioneering, innovative, 21st century business model to emulate (see). This is a scandal of mega proportions, potentially as big as Watergate. SolyndraGate or SolarGate could be the straw that finally breaks the doomed Obama presidency's back; or could it be the iceberg's tip of similar corrupt crony capitalist ventures in the unsustainable "green economy" that's about to go bust-leading to Obama's resignation or withdrawal in disgrace from the 2012 race.
 
 
Postscript I
 
That Obama would be adversely impacted by corruption and scandals was foreshadowed by the arrest of  Rod Blogojevich 35 days after his election victory. I wrote about this here noting that Blogojeavich's arrest occurred 42 days before Obama's inauguration-a number that refers to Bill Clinton the 42nd president who was impeached by Congress in 1998 for obstruction of justice in the Lewinsky affair. Ominously Hillary Clinton's Senate seat was taken by Kristen Gillibrand. Senator Gillibrand amazingly celebrated her 42nd birthday on December 9, 2008, the day of Blagojevich's arrest. Gillibrand was given Clinton's seat by David Paterson New York's first Black Governor (anticipating Obama's defeat of Clinton in the 08 primaries and his election victory). Paterson replaced Elliot Spitzer (a Clinton man)  who resigned his governorship in disgrace due to a sex scandal. Paterson refused to run for a second term-does this anticipate Obama's withdrawal from the race as I wrote about here?
 
Also see my
 
 
 
 
 
Postscript II
 
Joe Biden announced the finalizing of the deal to fund Solyndra on September 4, 2009, which was the 227th day of the Obama presidency.
 
227 is a factor of the following numbers which suggest the possibility of Obama withdrawing from the 2012 race or perhaps resign from office due to the threat of impeachment:
 
227 x 860 = 195220. In March 1952 Harry Truman announced he wouldn't be running for reelection.
 
227 x 867 = 196809. In March 1968 Lyndon Johnson announced his withdrawal from the presidential race.
 
227 x 87   = 19749. In August 1974 Richard Nixon announced his resignation over the Watergate scandal.
 
227 x 823  = 186821. 1868 was the year that Andrew Johnson was impeached.
 
 
To paraphrase the words of Joe Biden: Solyndra is a big effing deal.
 
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