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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Sept. 27, 2011 / 28 Elul, 5771

A Total Eclipse of Solyndra

By Debra J. Saunders

Debra J. Saunders



http://www.JewishWorldReview.com | On Friday, Solyndra execs Brian Harrison and Bill Stover invoked their Fifth Amendment right against self-incrimination. They refused to answer questions at a hearing of the House Energy and Commerce Committee's Subcommittee on Oversight and Investigations, which is investigating a $528 million federal loan guarantee that the Obama administration granted to their solar manufacturing company in 2009. On Aug. 31, the company filed for bankruptcy and laid off most of its 1,100 workers. A week later, the FBI raided the company's Fremont, Calif., headquarters and Harrison's home.

Rep. Cliff Stearns, R-Fla., the chairman of the subcommittee, said the hearing wanted to discern, "What did they know (about their financial situation), and when did they know it?"

Though some committee members urged the two suits to ignore their lawyers' advice and answer questions -- one Republican even suggested that their failure to talk suggested guilt -- I thought the execs did the smart thing. Harrison and Stover have nothing to gain by talking, because there's no good way to explain how they blew close to a half-billion in taxpayer money.

Besides, they didn't need to talk when committee Democrats were so willing to toss around a few mitigating factors, such as:

Excuse No. 1: New technology startups, by definition, are risky ventures.

Problem: Solyndra engaged in profligate behavior. A Washington Post story describes the spending spree that followed the Department of Energy loan guarantee -- new factory, state-of-the-art conference room, lobbying bills that grew from $160,000 in 2008 to $550,000 last year. Within a week of winning the first loan guarantee, Solyndra went back to the Department of Energy for another $400 million (which never was approved).

Excuse No. 2: Rep. Diana DeGette, D-Colo., claimed that both the George W. Bush and Obama administrations "supported Solyndra's loan guarantee application."

Problem: In its final month, the Bush Department of Energy credit committee voted against a loan guarantee for Solyndra.

It was the Obama White House that pushed for early conditional approval of a Solyndra deal, despite an Office of Management and Budget staffer's warning that "this deal is not ready for prime time." Also, the Obama White House embraced Solyndra with unprecedented support so that the company, which never had turned a profit, had a U.S. president, vice president and energy secretary at its high-publicity events.

Excuse No. 3: Private investors sank $1 billion into Solyndra, more than taxpayers. They must have had good reason.

Problem: Venture capitalists gambled with money from willing investors, not taxpayers. And when Solyndra was in desperate need of cash, the administration agreed to a deal that, in the event of default, put the private investors ahead of taxpayers for a $75 million loan.

Excuse No. 4: Blame China, which heavily subsidizes the solar industry. Problem: Do Democrats think that Americans want to compete with China and bankroll more Solyndras?

Excuse No. 5: Claim the administration embraced Solyndra for science. Rep. Henry Waxman, D-Calif., railed at Friday's hearing, "We need to face reality and stop denying science."

Problem: Democrats can't escape the math.

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© 2011, Creators Syndicate

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