via | ZeroHedge.
The Solyndra-gate scandal, which the GOP realizes has the potential to shake the Obama administration to the very top, refuses to go away.
Earlier today AP reported that to a republican Subpoena demanding all documents instead of just those selectively produced, “could trigger a claim of executive privilege by the Obama administration and elevate the political stakes. The loan is being investigated by two House committees, which have released Solyndra-related documents from federal agencies including the Energy and Treasury departments and the Office of Management and Budget.” The White House has refused a request by the House Energy and Commerce Committee for all internal White House communications about Solyndra. White House Counsel Kathryn Ruemmler said the committee leaders’ request has implications for “long-standing and significant institutional executive branch confidentiality interests.”
Naturally: it would be a big hit to the presidency’s interests if it was uncovered that crony capitalist vigilante #1 himself is more than willing to distributed taxpayer capital to the highest bidder. So instead the The White House is ordering a review of loan guarantees made by the Energy Department after a California solar company that got a half-billion-dollar federal loan went bankrupt. There are more than two dozen of these to a variety of clean energy companies.” And here is where the latest joke from this president jumps the shark: “[White House chief of staff] Daley said he’s tapping a former Treasury official to conduct the review.” A former Treasury official… of the Obama administration?To paraphrase Erin Burnett, “Seriously?”At least in Europe they assume the audience is somewhat sophisticated before they baffle them with endless bullshit and non-news after non-news.Here, they skip that key assumption completely.