Posted on | September 22, 2011 | 19 Comments
Executives at bankrupt solar energy company Solyndra went on a lavish spending spree after they got a $535 million federal “stimulus” loan. This Washington Post story is curiously vague about certain details:
Company executives ramped up their Washington lobbying efforts, hiring a former Senate aide to work with the White House and the Energy Department. . . .
[P]ublic records show that since 2008, Solyndra has spent more than $1 million on lobbying inside the Beltway.
Lobbying expenditures of $160,000 a year in 2008 and 2009 accelerated as Solyndra’s financial and political troubles mounted. By 2010, such spending had grown to $550,000. So far this year, Solyndra has reported spending $220,000, but that number will grow as more reports filter in.
The phrase “former Senate aide” caught my eye. For which senator had this lobbyist formerly worked? Tim Carney at the Washington Examiner has the answer:
Solyndra’s other well-connected lobbyists include green-lobbyist extraordinaire and former Appropriations staffer Steve McBee and John Kerry aide Gregg Rothschild.
Carney further reports that Solyndra’s lobbyists included Andy Quinn, former chief of staff for top Democrat Rep. Steny Hoyer of Maryland.
So it turns out the “green jobs” meant well-paid employment for lots of well-connected D.C. lobbyists. Good thing Nancy Pelosi drained the swamp and got rid of the Culture of Corruption, huh?
UPDATE: Just in case you’ve forgotten:
“The true engine of economic growth will always be companies like Solyndra . . . The future is here. We’re poised to transform the ways we power our homes and our cars and our businesses. And we’re poised to lead our competitors in the development of new technologies and products and businesses. And we are poised to generate countless new jobs, good-paying middle-class jobs, right here in the United States of America.”
– President Barack Obama, May 26, 2010
UPDATE II: Welcome, Instapundit readers!