DEFEAT IS AN ORPHAN

There is an old saying that “victory has a thousand fathers but defeat is an orphan.”  JFK, among others, used that quotation.  The Obama administration loaned $525 million to Solyndra, then bragged about this as the first show piece in a wave of new jobs created by investing in green energy. 

http://www.huffingtonpost.com/the-center-for-public-integrity/solyndra-investigation-ex_b_955752.html?icid=maing-grid10%7Chtmlws-main-bb%7Cdl3%7Csec3_lnk3%7C94164

It, like most other Obama ideas, was a major bust.  Solyndra has filed for bankruptcy and the FBI is investigating whether or not this was just stupidity or was it fraud.  At a minimum, it was an incredibly bad investment.  Obama personally sat in on meeting with Solyndra executives and as recently as May of 2010, visited Solyndra, along with Arnold Schwarzenegger, to brag about all those green energy jobs.

http://www.youtube.com/watch?v=KYiJ-_K9NCo

Now the White House is trying to back away big time and this scandal is blowing sky high.  It is so bad that Henry Waxman and Diana DeGette took the time to write a letter to House Committee investigating this to explain why this is not there fault because they were lied to by Solyndra executives.  They threw the executives at Solyndra under teh bus faster than Obama threw his white grandmother.   When people like Waxman and DeGette start running away from things it is best to expect a really big explosion.

This stinks to high heaven and the White House is probably torn between covering up Fast and Furious or covering up Solyndragate.

TDM