It has now come out via leaked emails that the White House knew that Solyndra would run out of the taxpayers money that the Administration loaned them by September of 2011. Predicting correctly when a company that the Administration loaned half a billion dollars of taxpayer money would burn through that money is not exactly something they can hang their hats on.
A former Solyndra employee went on air essentially blowing the whistle on the whole deal. This is what she had to say: “While we were out there, while we were building it – cause it is a half a billion dollar plant – everyone already knew that China had developed a more inexpensive way to manufacture these solar panels. Everyone knew that the plant wouldn't work. But they still did it. They still built it. ” She then emphasized that she isn't even that high on the totem pole and she knew this stuff. So there’s no doubt in her mind that Obama and the White House knew that it wasn't feasible.
Is the Administration worried about the loss of half a billion dollars of Taxpayer money? Apparently not, in a leaked email a White House Official makes it clear that they are more worried about how the scandal will effect Obama's reelection bid in 2012.
Mexican Lawmakers are also livid over Obama Administration's 'Operation Fast & Furious More