The world-famous Internet site of the Nationally Syndicated Neal Boortz Show!
Hi, (not you?) | Member Center | Sign Out
Posted: 9:40 p.m. Wednesday, Sept. 14, 2011
By Jamie Dupree
The first Congressional hearing on the controversial $535 million loan guarantee given to a California solar power company took an interesting turn when Obama Administration officials offered a new defense, in essence pointing a finger at the Bush Administration.
"My understanding is that Solyndra applied for this loan in 2006 when Bush was President," said Rep. Henry Waxman (D-CA).
"That's right," said Jonathan Silver of the Energy Department, who spent a long day at the witness table, arguing that the groundwork for the Solyndra loan was vetted before President Obama took office.
"All this took place during the Bush Administration," said Waxman.
That line of defense infuriated Republicans on a House Committee, as they blasted a pair of Obama Administration officials and argued that officials in the Bush Administration rejected the Solyndra application - but Silver said nothing was rejected.
The Department of Energy "did not reject the loan, but remanded it back for further analysis," said Silver, who repeatedly parried assertions that the move was really a rejection of the loan guarantee plan.
But Republicans weren't buying that line, arguing the Obama White House rushed to approve the plan for public relations gain, ignoring any signs that maybe Solyndra didn't have a real business plan.
"The review process took a back seat to the need to set up a photo-op for the Vice President and other Administration officials," said Rep. Cliff Stearns (R-FL), who repeatedly pressed for more answers.
"Should someone be fired?" Stearns asked.
"I'm saying we are doing the best job we know how to do," Silver replied, not giving an inch to Republicans, who ran him up and down the flagpole for hours.
GOP lawmakers blasted Silver over why the feds did not figure out sooner that Solyndra was in such deep financial trouble that it would lead to bankruptcy.
"Why did the FBI raid Solyndra? Stearns asked.
"I have no idea, sir," said Silver, who said the FBI's involvement was a surprise.
What's next in this? Republicans say they're not going to back off the probe to see what happened with this loan guarantee, and how much money the feds might lose.
Next week, Solyndra executives are scheduled to testify, which could add a new element to this investigation.
Jamie Dupree is the Radio News Director of the Washington Bureau of the Cox Media Group and writes the Washington Insider blog.
Connect with Jamie Dupree on:TwitterFacebook
Send Jamie Dupree an email.
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
Already have an account? Sign In
{* #registrationForm *} {* traditionalRegistration_displayName *} {* traditionalRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Already have an account? Sign In
{* #registrationFormBlank *} {* registration_firstName *} {* registration_lastName *} {* traditionalRegistration_displayName *} {* traditionalRegistration_emailAddressBlank *} {* registration_birthday *} {* registration_gender *} {* registration_postalZip *} {* traditionalRegistration_passwordBlank *} {* traditionalRegistration_passwordConfirmBlank *} {* agreeToTerms *}We have sent you a confirmation email. Please check your email and click on the link to activate your account.
We look forward to seeing you frequently. Visit us and sign in to update your profile, receive the latest news and keep up to date with mobile alerts.
Don't worry, it happens. We'll send you a link to create a new password.
{* #forgotPasswordForm *} {* forgotPassword_emailAddress *}We have sent you an email with a link to change your password.
We've sent an email with instructions to create a new password. Your existing password has not been changed.
To sign in you must verify your email address. Fill out the form below and we'll send you an email to verify.
{* #resendVerificationForm *} {* resendVerification_emailAddress *}Check your email for a link to verify your email address.


You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}