Did You Know...

   

Obama Administration Warned About Potential Embarrassment of Solyndra Visit

Share
By Doug Powers  •  October 3, 2011 03:39 PM

**Written by Doug Powers

Everybody saw it coming — except select individuals in the White House — but they can’t say they weren’t warned:

A Silicon Valley investor and senior administration officials warned the White House to reconsider having President Obama visit a solar start-up company because of its mounting financial problems, saying he might be embarrassed later.

“A number of us are concerned that the president is visiting Solyndra,” California investor and Obama fundraiser Steve Westly wrote to Obama senior adviser Valerie Jarrett in May 2010. “Many of us believe the company’s cost structure will make it difficult for them to survive long term. … I just want to help protect the president from anything that could result in negative or unfair press.”
[…]
“If it’s too late to change/postpone the meeting, the president should be careful about unrealistic/optimistic forecasts that could haunt him in the next 18 months if Solyndra hits the wall, files for bankruptcy, etc.”

The warnings against being unrealistic or overly optimistic weren’t exactly heeded during Obama’s May 2010 speech at Solyndra:

Since the project broke ground last fall, more than 3,000 construction workers have been employed building this plant. Across the country, workers — (applause) — across the country, workers in 22 states are manufacturing the supplies for this project. Workers in a dozen states are building the advanced manufacturing equipment that will power this new facility. When it’s completed in a few months, Solyndra expects to hire a thousand workers to manufacture solar panels and sell them across America and around the world. (Applause.)

And this in turn will generate business for companies throughout our country who will create jobs supplying this factory with parts and materials. So there’s a ripple effect. It’s not just localized to this area.
[…]
Here at this site, Solyndra expects to make enough solar panels each year to generate 500 megawatts of electricity. And over the lifetime of this expanded facility, that could be like replacing as many as eight coal-fired power plants. It’s also worth noting, to achieve this doubling of our share of solar capacity, we actually need to make four times as many solar panels, because other countries are adding capacity, too. Nobody in this race is standing still.

Well, what else could he have said? “Within 18 months it’s very likely that where you’re standing now will be a Bed, Bath & Beyond — dibs on the whistling robots”?

**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus

While Obama was in Alaska staring down glaciers to stave off climate change, this was going on nearby

September 3, 2015 08:58 AM by Doug Powers

obamaglacier1

China gets a better vantage point to watch Obama perform miracles

Fast Lerner: Subpoenaed tech guy who worked on Hillary’s private server says he’ll plead the 5th (sound familiar?)

September 2, 2015 08:07 PM by Doug Powers

drebin1

Nothing to hear here.

Peer-reviewed study: Obama’s mixed messages contributing to climate change, mass confusion

September 1, 2015 10:19 AM by Doug Powers

obamaclosing

Spending ensues, no matter what (and that’s the important thing)

Peak pandering: Ahead of Alaska visit, Obama officially renames Mt. McKinley

August 31, 2015 07:48 AM by Doug Powers

obamapoint

“The mountain has spoken”

‘Degrade and ultimately destroy’ ISIS update: JV team ‘growing like crazy’

August 30, 2015 12:03 PM by Doug Powers

obamaisis1

Time to escalate the war on climate change


Categories: Afghanistan, Al Qaeda, Barack Obama, Feature Story, Iraq, Politics

Follow me on Twitter Follow me on Facebook