The Solyndra matter unfolded as follows*:
Throughout much of the above period, numerous concerns about Solyndra’s financial viability are raised by DOE, OMB, and others
A few very general questions:
Why was Solyndra’s loan application resuscitated six days after you took office? Did anyone in the White House have a role in resuscitating it?
What were the meetings between Solyndra officials and White House personnel about? Who, specifically, attended those meetings?
Did anyone in the White House pressure OMB to approve Solyndra’s application? How is it that the application was approved only days after several OMB/DOE emails expressed serious concerns about approving the loan? What objective financial or economic justification did you or your staffers give OMB to approve Solyndra’s application?
When did you first know that Solyndra’s financial condition was precarious? If you didn’t know before the company’s collapse, why not? If you did know, why did you persist in touting the company’s alleged success?
Have you vetted the billions of dollars of additional “green jobs” loan guarantees that you expect to finalize before September 30 any more diligently than the Solyndra guarantee?
After Solyndra, the $814 billion stimulus that produced no measurable results, the phantom Obamacare savings that now appear to be enormous cost increases, cash-for-clunkers, no federal budget for more than two years, $4 trillion added to the national debt, and a $1.7 trillion deficit, why should the American public believe anything you have to say about finances or the economy?
* From reporting by Andy McCarthy and Andrew Stiles.