RENEWABLE ENERGY is worthy of investment and it will often be risky, but is important for the future development of alternative energy sources. So, Republicans and conservatives screaming about Solyndra using talking points that aren’t supported by the facts, unless you get all your news from the right and Rush Limbaugh, is playing politics with an issue that hurts everyone.
The AP looked into Romney’s charges and finds he “misses the mark” on Solyndra. Here’s one example that has gotten a lot of attention recently, including by Rachel Maddow.
ROMNEY: “An independent inspector general looked at this investment (Solyndra) and concluded that the administration had steered money to friends and family — to campaign contributors.”
THE FACTS: There is no proof — and it appears unlikely — that Energy Department Inspector General Gregory Friedman was talking about Solyndra when he testified in March 2011 about stimulus contracts. Friedman said his office was investigating whether such contracts were steered to friends and family, presumably of government officials in charge of spending stimulus money. Romney cited a Newsweek article that referred to Friedman’s testimony.
But Friedman did not say that such claims had been proved, and there is no evidence he was including Solyndra in his comments. The testimony came nearly six months before the company declared bankruptcy. And there is no evidence that family members of top federal officials received any favors. Friedman’s office is among several federal agencies that are investigating Solyndra.
Romney’s not only wrong on Solyndra, but he also knows investments don’t always pan out, especially on new and groundbreaking technologies.
Unfortunately for Mitt Romney, the timing on his Solyndra stunt was as off key as Axelrod’s in Massachusetts.
A Bay State solar panel developer that landed a state loan from Mitt Romney when he was Massachusetts governor has gone belly up — a day after the GOP presidential hopeful ripped President Obama’s green-energy investments..
Let’s call it an inconvenient truth.