The government\u2019s backing of Solyndra, which could cost taxpayers more than a half-billion dollars, came as the politically well-connected business began an extensive lobbying campaign that appears to have blinded government officials to the company\u2019s financial condition and the risks of the investment, according to a review of government documents and interviews with administration officials and industry analysts.<\/p>\n
While no evidence has emerged that political favoritism played a role in what administration officials assert were merit-based decisions, Solyndra drew plenty of high-level attention. Its lobbyists corresponded frequently and met at least three times with an aide to a top White House official, Valerie B. Jarrett, to push for loans, tax breaks and other government assistance.<\/p>\n
Read it all<\/a>. Also, see James Pethokoukis–“Solyndra, the logical endpoint of Obamanomics” which may be found over here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The government\u2019s backing of Solyndra, which could cost taxpayers more than a half-billion dollars, came as the politically well-connected business began an extensive lobbying campaign that appears to have blinded government officials to the company\u2019s financial condition and the risks…<\/span><\/p>\n