Issa to launch probe of Obama actions on Solyndra, LightSquared

Rep. Darrell Issa (R-Calif.) said Tuesday that his committee plans to investigate government loan programs to private corporations in light of allegations of improper dealings between the White House and failed energy company Solyndra and wireless start-up LightSquared.

"I want to see when the president and his cronies are picking winners and losers… it wasn't because there were large contributions given to them," the chairman of the Oversight and Government Reform Committee said Tuesday morning on C-SPAN.

Issa said the committee was looking at whether it was improper for members of Congress or White House staff to select companies eligible for subsidized government loans when those companies could give campaign donations...... Loan programs have been a popular tool to provide funding for popular industries — like tech, green energy, and American auto companies — at more favorable terms than could be secured privately.......The Obama administration has been defending itself against criticism by Republicans that it exerted improper influence to the aid of both companies.

http://thehill.com/blogs/blog-briefi...-loan-programs

COMMENTS:
If we had a decent law abiding Attorney General instead of an incompetent Black Racist Political Hack we could get to the bottom of this Obama fraud and all of the others.....
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