Solyndra was promoted to the Navy by RockPort Capital, one of the firm’s largest investors and board members, which has a seat on a Pentagon panel that helps the government find emerging technologies.


13 Comments (+add yours?)

  1. Kim
    Oct 16, 2011 @ 11:57:01

    A major investor in Solyndra LLC was instrumental in helping the troubled solar-power firm compete for a potentially lucrative U.S. Navy deal, a previously unreported connection that will likely fuel controversy surrounding the company.


  2. Kim
    Oct 16, 2011 @ 11:57:19


    • Kim
      Oct 16, 2011 @ 11:57:58

      The administration’s goal has to be to get this story off the front page and fast. With the Gunwalker mess at the Justice Department boiling briskly, the White House could find itself mired in the kind of interminable and damaging scandal stories that have dogged so many of its predecessors. This is not the kind of background noise that the President needs as he looks toward a tough race in 2012.


  3. Kim
    Oct 16, 2011 @ 12:44:15

    the State Department reported last month that the last Christian church in Afghanistan was razed to the ground in 2010. This intriguing factoid came deep within their “International Religious Freedom Report.”


  4. Kim
    Oct 16, 2011 @ 13:36:36

    That is not Herman Cain’s only song. He is an associate minister at Antioch Baptist Church North, a church he has been part of since he was 10. (He is 65.) He recorded an album of gospel songs in 1996. At the straw poll in Ames, Iowa, he sang “I Must Tell Jesus” to recorded music (and chorus). It was written in the 19th century by Elisha Albright Hoffman, a minister and writer of gospel songs.


  5. Sherry
    Oct 17, 2011 @ 11:09:52

    I hope its OK to put this here but our Wild Bill has spoken concerning the OWSers:

    Its funny!~


  6. Kim
    Oct 17, 2011 @ 11:34:11

    Officials at failed solar-panel maker Solyndra LLC refused to discuss the company’s contracts at a private meeting last month with a bankruptcy analyst for the Justice Department, fueling the push to have a trustee take over the failed company during its bankruptcy, records show.


  7. Sherry
    Oct 17, 2011 @ 16:37:14


  8. Kim
    Oct 18, 2011 @ 10:12:21

    The resignation of Jonathan Silver, the U.S Energy Department’s top loan officer, over the Solyndra scandal may be the tip of the iceberg. He supervised a much larger DOE loan program that suffers from the same problems as Solyndra: over the last 18 months, the Department has awarded more than $9 billion in below-market loans to auto companies under its Advanced Technology Vehicle Manufacturing (ATVM) Loan Program.

    The most troubling transaction: a $465 million loan to California’s Tesla Motors. Tesla received a loan rate of 1.6% from DOE to manufacture an all-electric car that will sell for nearly $50,000. It will not exactly be the people’s car. Tesla also builds luxury sports cars that retail for $103,000 to $128,000.


    • Kim
      Oct 18, 2011 @ 10:13:15

      The secret to access to the DOE money is The Westly Group, run by California Democratic Party stalwart and big Obama campaign bundler Steve Westly. The former eBay executive wasn’t merely a prodigious fundraiser for Obama, raising $500,000 for his presidential campaign. He also served as the president’s California campaign co-chairman. Another Obama $500,000 bundler was Solyndra investor George Kaiser and his foundation.


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