Three years ago I posted a blog on Narcissistic Personality Disorder. [Actually three.] I’m convinced this describes our president more today than when I wrote the pieces.
We’ve all heard Tom Hanks’ love fest about Obama, where he says he doesn’t do blame. I still find that statement breathtaking, because Obama will not take responsibility for ANYTHING he’s done for the last 3-1/2 years. I don’t know where the buck stops but it’s NOT in the oval office.
Obama has many huge failures, and I’m not sure if the Volt or Solyndra is the biggest, but today I’m talking about Solyndra. Buckets of taxpayer dollars passed to cronies, bundlers, and leftist yes-men to a company the Bush administration considered for a loan guarantee and then backed away from. Solyndra has been Obama’s well-documented disaster.
9/14/2011: A brief history.
The White House noted to ABC News that the Bush administration was the first to consider Solyndra's application and that some executives at the company have a history of donating to Republicans.
The results of the Congressional probe shared Tuesday with ABC News show that less than two weeks before President Bush left office, on January 9, 2009, the Energy Department's credit committee had voted against offering a loan commitment to Solyndra.
Even after Obama took office on Jan. 20, 2009, analysts in the Energy Department and in the Office of Management and Budget were repeatedly questioning the wisdom of the loan. In one exchange, an Energy official wrote of "a major outstanding issue" -- namely, that Solyndra's numbers showed it would run out of cash in September 2011.
In an interview with Marketplace.org President Obama defends using U.S. taxpayer money to invest in solar energy projects. During the interview, Obama was asked about Solyndra, one of the more well-known solar panel companies that failed after receiving a loan guarantee from the Department of Energy.
Obama said: “…Obviously, we wish Solyndra hadn't gone bankrupt. Part of the reason they did was because the Chinese were subsidizing their solar industry and flooding the market in ways that Solyndra couldn't compete. But understand: This was not our program, per se. Congress -- Democrats and Republicans -- put together a loan guarantee program because they understood historically that when you get new industries, it's easy to raise money for startups, but if you want to take them to scale, oftentimes there's a lot of risk involved, and what the loan guarantee program was designed to do was to help start up companies get to scale.
OBAMA IS MENTALLY ILL. HE’S MENTALLY ILL IF THESE ARE HIS WORDS. AND HE’S MENTALLY ILL IF HIS SPEECHWRITERS ARE PUTTING THESE WORDS OUT THERE AND HE’S READING THEM OFF HIS TELEPROMPTER.
THE MAN IS SICK. We are in deep doo doo.