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=52944&RID=33063926

 

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=52944&RID=33063926

 

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=52944&RID=33063926

 

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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This e-mail address is not designed to receive your personal

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or to change your status, see link at the end.)

 

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Grassfire Nation, a division of Grassroots Action, Inc., is a

million-strong network of grassroots conservatives that is

dedicated to equipping you with the tools that give you a real

impact on the key issues of our day. 

Copyright 2011 Grassroots Action, Inc.

 

+ + Comments? Questions?

 

http://www.grassfire.net/r.asp?U=52942&CID=172&RID=33063926

 

+ +

 

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this email, go here:  (Not for comments/feedback on this update)

 

http://www.grassfire.net/r.asp?U=52943&CID=172&RID=33063926