This can not be good for a president already mired in 20% real unemployment and 98.9% Debt to GDP: “Nearly eight months into our investigation, documents provided to the Committee last Friday confirm those closest to the President - top advisors like Valerie Jarrett, Larry Summers, and Ron Klain - had direct involvement in the Solyndra mess. In addition to the cast of West Wing characters with access to the Oval Office, documents reveal a startlingly cozy relationship between wealthy donors and the President’s confidantes, especially in matters related to Solyndra. While the President claims ‘hindsight is always 20/20’ and the loan went ‘through the regular review process,’ the facts tell a much different story with some of the loudest alarm bells on Solyndra’s viability coming from within his very own administration.” Next up: "please define the term 'crony venture capital taxpayer funded loan." Also, stories like this can not help.

Just released by the House Energy And Commerce Committee



Recently Provided Documents Reveal President’s Inner Circle Voiced Concern with Solyndra, Wealthy Campaign Donors Had Direct Line to West Wing

Energy and Commerce Committee Chairman Fred Upton (R-MI) and Oversight and Investigations Subcommittee Chairman Cliff Stearns (R-FL) are seeking all communications between White House staff and officials regarding now-bankrupt Solyndra’s $535 million loan guarantee. The Committee leaders have requested all documents dating back to President Obama’s inauguration on January 20, 2009. Recently produced documents reveal the President’s closest confidantes closely monitored the Solyndra loan and wealthy donors also weighed in on Solyndra to those officials closest to the Oval Office.

Subcommittee Chairman Stearns made the following statement:

“Nearly eight months into our investigation, documents provided to the Committee last Friday confirm those closest to the President - top advisors like Valerie Jarrett, Larry Summers, and Ron Klain - had direct involvement in the Solyndra mess. In addition to the cast of West Wing characters with access to the Oval Office, documents reveal a startlingly cozy relationship between wealthy donors and the President’s confidantes, especially in matters related to Solyndra. While the President claims ‘hindsight is always 20/20’ and the loan went ‘through the regular review process,’ the facts tell a much different story with some of the loudest alarm bells on Solyndra’s viability coming from within his very own administration.”