Earlier today, Bruce e-mailed me this tweet, “OMG! Bush told Halliburton to delay announcing layoffs until after the ’06 elections!!!????” Therein, @robertcurlin linked a Washington Post article that has gotten a lot of conservative tongues wagging:
The Obama administration urged officers of the struggling solar company Solyndra to postpone announcing planned layoffs until after the November 2010 midterm elections, newly released e-mails show.
Solyndra, the now-shuttered California company, had been a poster child of President Obama’s initiative to invest in clean energies and received the administration’s first energy loan of $535 million. But a year ago, in October 2010, the solar panel manufacturer was quickly running out of money and had warned the Energy Department it would need emergency cash to avoid having to shut down.
The new e-mails about the layoff announcement were released Tuesday morning as part of a House Energy and Commerce committee memo, provided in advance of Energy Secretary Steven Chu’s scheduled testimony before the investigative committee Thursday.
Read the whole thing. “Yeah — that’s odd,” Ed Morrissey offers in a mock deadpan:
The DoE requested that a privately-held corporation withhold important financial information from investors until the day after a national election. But that’s just a coincidence … right? Riiiiiiiiiiiiight.
This means that the DoE knew that Solyndra had begun to fail, and that the cash they provided as part of Barack Obama’s job stimulus wouldn’t actually create jobs. In fact, it wasn’t even going to save jobs. And yet the DoE not only succeeded in pressuring Solyndra into hiding that fact from the public and their investors, this sequence makes it look as though the Obama administration used the $40 million in loans as a bribe to keep Solyndra from making its layoff announcement in a timely manner.
As Ed reports, Sheriff Joe‘s “point person on stimulus, Ron Klain” was alerted to the problem. Seems like someone needs to do some investigating here. And it would better it weren’t the Vice President