Monday, September 12, 2011

Why the Solyndra Raid?

Why has the FBI raided Solyndra, the California solar power venture that went broke and took into the tank with it more than a half billion taxpayer dollars that the government had provided to it in a transaction -- described in earlier postings on this blog -- that reeks of crony capitalist corruption?

Why is the FBI investigating the company and not focusing on the government agencies and officials who committed and threw funds from our public treasury into the politically connected business at a time that solar industry investment analysis and even the company's auditors were warning that the enterprise was not viable?

The curiously uncurious journalice who infest our media aren't asking these questions, let alone providing answers to them. However, there is an obvious and likely answer.

It has to be remembered that the FBI is part of, takes direction from, and is answerable to what once was the U.S. Department of Justice but now, under and as part of the Obama administration and Attorney General Eric Holder, has been transformed into the Department of Just Us.

According, one has to entertain the possibility, if not the likelihood, that the mission of the FBI raid on Solyndra was to ensure that certain facts never see the light of day -- to seize any evidence in the company's possession of criminal corruption in the White House, which pushed and oversaw the transaction. Such evidence now can be hidden away and shielded  from public disclosure because it can be claimed to be "evidence in an ongoing investigation."

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