A Conflict of Interest: The Solyndra Scandal

Posted on 20 September 2011



Don’t you love shows like Law & Order and The Closer?  I do.  Nine times out of ten, the cops catch the bad guys and hand them over to the District Attorneys to secure convictions for the dirty rats.  I not only get involved in the actual stories, the thrill of the chase, I love the fantasy that the bad guys are actually caught and punished in accordance with U.S. law.  For truly, in the United States of America, such scenarios are nothing more than fantasy — if the criminals and those who aid and abet them are high-powered and wealthy.


Recent case in point: the White House endorsement of Solyndra, a green energy provider.  After receiving half a billion in taxpayer dollars as a loan, the company defaulted on its promises to provide clean energy as well as increased employment to help resolve the economic problems in our nation.


Solyndra’s thievery came to light when it filed for bankruptcy.  This, in turn, sparked a firestorm of criticism concerning our government’s playing favorites with certain members of big business.  Although the White House emphatically denies any wrongdoing on their part, where there is smoke, there is fire.  Solyndra’s political contributions may have been the determining factor in getting that loan of half a billion bucks.  It surely sounds like a motivating factor to me.  If this were a police investigation, there would be plenty of probable cause to go around.  Talk about a conflict of interest on the part of the White House!  This subject has now become political grist for the mill, particularly as we gear up for another Presidential election.  But, as they say, “All is fair in love and war.”  Maybe.  But it’s not fair in any way, shape, or form to already overburdened taxpayers.


In the Tea Party Debate, candidate Newt Gingrich commented on the fact that General Electric pays no taxes and yet, it is one of the wealthiest corporations in the United States.  A closer look may reveal why.  GE’s CEO is a heavy contributor to the Obama campaign, a fact that raises eyebrows as well as the hackles of the taxpayers.


In this economic clime, other organizations have received special favors from government after those organizations have made hefty donations to political campaigns.  If you follow the money trail, you will find it always has special favors attached.


What, then, does America stand for?  What is the driving force in our society?  Is it patriotism, socialism, or money?  The answer to that question is MONEY, and how it is gotten doesn’t seem to matter.  PT Barnum said, “There’s a sucker born every minute.”   The biggest suckers in this country are the taxpayers who have no say in how their money is spent.


When our legislative branch of government endowed itself with a pension system second to none, when government officials caught in the act of breaking the law are allowed to get off as free as birds, when special groups are exempt from the law, and when Presidential Orders are improperly executed, how are these not conflicts of interest?


We live in a monetary world.  Like the old song from Cabaret goes, “Money makes the world go ’round.”  In this world, how much money you have — and how much money you don’t have — are the keys to a carefree existence or a life of misery.  If you have money, you can buy special favors through the guise of contributing to a political campaign.  If you don’t have money, you’re screwed.  Period.  The refrain of another old song says, “Heaven can wait (this is paradise).”  It sure is, to those in power and to those endowed with the big bucks.  For the rest of us, it’s hell on Earth. 






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3 Responses to “A Conflict of Interest: The Solyndra Scandal”

  1. Web Hosting Reviewer says:

    Spot on with this write-up. I’ll probably be back again to learn way more, thanks for that info.

  2. Investment idea man says:

    I truly wanted to write down a quick remark to thank you for this information. It is a crime in these economic times for the government without due diligence to throw millions of dollars down a rathole. I look forward to many more such insightful articles.

  3. Handy Orten says:

    The powers that be in Washington seem impotent in the face of a looming financial disaster. If the Obama Administration’s investment in Solyndra is any indication of business savvy, we are in deep trouble if he is reelected.


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