Joe Biden brought this awful Obama scandal back to life with a sick handout
Apr 14, 2024 15:41:04 #
Joe Biden brought this awful Obama scandal back to life with a sick handout
https://renewedright.com/joe-biden-brought-this-awful-obama-scandal-back-to-life-with-a-sick-handout/?utm_source=Sovi&utm_medium=email&utm_campaign=rr_2122941390&utm_term=&utm_content=
Barack Obama presided over one of the most scandal-plagued administrations in history.
Now his Vice President is reviving one of their biggest fiascos.
And Joe Biden brought this awful Obama scandal back to life with a sick handout.
Obama caught in g***n e****y scandal
Defunct solar panel maker Solyndra became one of the biggest scandals of Barack Obama’s Presidency.
Obama’s nearly one trillion dollar stimulus bill gave the company a $550 million loan from taxpayers as part of his administration’s green jobs push.
He praised the company when it became the first recipient of a loan from the wasteful stimulus bill.
Solyndra was touted by the Obama administration and the media as a success story but the company collapsed in scandal.
It went bankrupt in 2012 without ever repaying the government for its loan.
The FBI investigated Solyndra for lying to the government about the company’s financial health to secure the loan.
No charges were ever filed by the Obama Justice Department against the company but an investigation by House Republicans discovered a disturbing link to the former President.
George Kaiser – who served as a bundler for Obama’s 2008 P**********l campaign – owned an investment company that held a major stake in Solyndra.
The Obama administration ignored obvious red f**gs – like a below-investment-grade credit rating – to rush stimulus money out the door to a company connected to a major campaign donor.
Key player back from the Solyndra scandal
Now Biden’s Secretary of Commerce Gina Raimondo announced that an Arizona subsidiary of TSMC – a Taiwanese microchip manufacturer – was receiving $6.6 billion from the Biden administration to build a manufacturing facility in the state.
Disgraced former Solyndra CEO Brian Harrison has reappeared as the President of TSMC Arizona and once again he’s getting his hands on billions from taxpayers.
Harrison told CNBC in an interview last year that he was involved in negotiations with the Biden administration for taxpayer funding.
“We’re in the process of applications for the CHIPS Act funding,” Harrison said.
The CHIPS Act was a slush fund created from the 2022 bill passed with support from RINOs in Congress that’s been a failure in part because of the stringent diversity, equity, and inclusion (DEI) requirements in it.
Harrison had his records seized at Solyndra during the FBI’s investigation into the company.
An investigation by the Obama Energy Department’s inspector general concluded that “actions of certain Solyndra officials were, at best, reckless and irresponsible or, at worst, an orchestrated effort to knowingly and intentionally deceive and mislead the Department.”
After defrauding taxpayers of money under Obama, Harrison’s getting a new lease on life from President Joe Biden.
With the staggering amount of money the Biden administration has showered companies with, an even bigger scandal could be in the works.
“Solyndra is going to look like chump change compared to the amount of money that’s been wasted by this administration,” U.S. Senator John Barrasso (R-WY) said last year.
https://renewedright.com/joe-biden-brought-this-awful-obama-scandal-back-to-life-with-a-sick-handout/?utm_source=Sovi&utm_medium=email&utm_campaign=rr_2122941390&utm_term=&utm_content=
Barack Obama presided over one of the most scandal-plagued administrations in history.
Now his Vice President is reviving one of their biggest fiascos.
And Joe Biden brought this awful Obama scandal back to life with a sick handout.
Obama caught in g***n e****y scandal
Defunct solar panel maker Solyndra became one of the biggest scandals of Barack Obama’s Presidency.
Obama’s nearly one trillion dollar stimulus bill gave the company a $550 million loan from taxpayers as part of his administration’s green jobs push.
He praised the company when it became the first recipient of a loan from the wasteful stimulus bill.
Solyndra was touted by the Obama administration and the media as a success story but the company collapsed in scandal.
It went bankrupt in 2012 without ever repaying the government for its loan.
The FBI investigated Solyndra for lying to the government about the company’s financial health to secure the loan.
No charges were ever filed by the Obama Justice Department against the company but an investigation by House Republicans discovered a disturbing link to the former President.
George Kaiser – who served as a bundler for Obama’s 2008 P**********l campaign – owned an investment company that held a major stake in Solyndra.
The Obama administration ignored obvious red f**gs – like a below-investment-grade credit rating – to rush stimulus money out the door to a company connected to a major campaign donor.
Key player back from the Solyndra scandal
Now Biden’s Secretary of Commerce Gina Raimondo announced that an Arizona subsidiary of TSMC – a Taiwanese microchip manufacturer – was receiving $6.6 billion from the Biden administration to build a manufacturing facility in the state.
Disgraced former Solyndra CEO Brian Harrison has reappeared as the President of TSMC Arizona and once again he’s getting his hands on billions from taxpayers.
Harrison told CNBC in an interview last year that he was involved in negotiations with the Biden administration for taxpayer funding.
“We’re in the process of applications for the CHIPS Act funding,” Harrison said.
The CHIPS Act was a slush fund created from the 2022 bill passed with support from RINOs in Congress that’s been a failure in part because of the stringent diversity, equity, and inclusion (DEI) requirements in it.
Harrison had his records seized at Solyndra during the FBI’s investigation into the company.
An investigation by the Obama Energy Department’s inspector general concluded that “actions of certain Solyndra officials were, at best, reckless and irresponsible or, at worst, an orchestrated effort to knowingly and intentionally deceive and mislead the Department.”
After defrauding taxpayers of money under Obama, Harrison’s getting a new lease on life from President Joe Biden.
With the staggering amount of money the Biden administration has showered companies with, an even bigger scandal could be in the works.
“Solyndra is going to look like chump change compared to the amount of money that’s been wasted by this administration,” U.S. Senator John Barrasso (R-WY) said last year.
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