Written by Got to love liberals, they excuse murders, bank robbers, child molesters, so it’s no wonder that Joe Nocera - a supporter of Barack Obama, tosses up this lame attempt of saying that there is nothing behind the Solyndra Scandal
“The purpose of the hearing — indeed, the point of manufacturing a Solyndra investigation in the first place — is to embarrass the president. That’s how Washington works in the modern age: the party out of power gins up phony scandals aimed at hurting the party in power.
Undoubtedly, the Solyndra “scandal” will draw a little blood: there are some embarrassing e-mails showing the White House pushing to get the deal done quickly so it could tout Solyndra’s green jobs as part of the stimulus package.
But if we could just stop playing gotcha for a second, we might realize that federal loan programs — especially loans for innovative energy technologies — virtually require the government to take risks the private sector won’t take. Indeed, risk-taking is what these programs are all about. Sometimes, the risks pay off. Other times, they don’t. It’s not a taxpayer ripoff if you don’t bat 1.000; on the contrary, a zero failure rate likely means that the program is too risk-averse. Thus, the real question the Solyndra case poses is this: Are the potential successes significant enough to negate the inevitable failures?”
Well Mr. Nocera, perhaps you might want to - for the sake of disclosure - speak about your campaign activities for Barack Obama during the 2008 election? No?, I didn’t think so. Of course Mr. Nocera saw no problem with the over 100 investigations of the Bush administration from 2006-2008. Nevertheless there is much more to the story, so much so that the FBI is actively investigating the company.
No there is much more to know and be known about this scandal.
