"Meant to create jobs and cut reliance on foreign oil, Obama's green-technology program was infused with politics at every level, The Washington Post found in an analysis of thousands of memos, company records and internal e-mails. Political considerations were raised repeatedly by company investors, Energy Department bureaucrats and White House officials."
"Linda Sterio remembers the excitement when President Obama arrived at Solyndra last year and described how his administration's financial support for the plant was helping create hundreds of jobs. The company's prospects appeared unlimited as Solyndra executives described the backlog of orders for its solar panels.
Then came the August morning when Sterio heard a newscaster announce that more than a thousand Solyndra employees were out of work. Only recently did she learn that, within the Obama administration, the company's potential collapse had long been discussed.
'It's not about the people; it's politics,'said Sterio, who remains jobless and at risk of losing her home. 'We all feel betrayed."
Since the failure of the company, Obama's entire $80 billion clean-
technology program has begun to look like a political liability for an administration about to enter a bruising reelection campaign.
Meant to create jobs and cut reliance on foreign oil, Obama's green-technology program was infused with politics at every level, The Washington Post found in an analysis of thousands of memos, company records and internal e-mails. Political considerations were raised repeatedly by company investors, Energy Department bureaucrats and White House officials."
Joe Stephens and Carol D. Leonnig report for the Washington Post December 25, 2011.
SEE ALSO:
"Obama's Focus on Visiting Clean-Tech Companies Raises Questions" (Washington Post: 6/25/11)
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