Published on September 25th, 2011 | by Zachary Shahan0
Darrell Issa — Get $$ from EV Company, Ask for Loan fo Co., Then Criticize Loan Program
September 25th, 2011 by Zachary Shahan
How ridiculous can the GOP get? Well, they are attacking Democrats for stuff they, themselves do. They like policies when they are getting money from them, but they act like those SAME policies are crimes when they are used by Democrats:
If the House Oversight Committee wants to be consistent with its stated reason for investigating Solyndra, the committee should probe Rep. Darrell Issa’s (R-CA) clean energy loans as well.
On Tuesday, Issa explained on CSPAN that the purpose of his investigation would be to take a broader look into the very idea of clean energy loan programs. Although Solyndra’s investors include an influential Republican donor, Issa and other Republicans on his committee have singled out one Obama fundraiser who also invested in the company as evidence of crony capitalism.
As Bloomberg’s Jim Snyder reported yesterday, Issa sent letters to the Department of Energy requesting money for companies using a clean energy loan program similar to the one denounced this week as inherently corrupt. On Jan. 14, 2010, Issa sent a letter to Secretary Chu requesting an expedited loan to Aptera Motors, a start-up electric car company. Issa said the company would create jobs and “aid U.S long-term energy goals by shifting away from fossil fuels and using viable renewable energy sources like plug-in electric energy.” He also sent a letter along with a bipartisan group of lawmakers to the Obama administration requesting a government loan to a green tech battery company.
Issa’s spokesman says that Aptera deserved the taxpayer-subsidized loan, and that certainly may be the case. However, Issa said his investigation will probe campaign contributions and their relation to the decision to award such loans.
It turns out that a financial backer of Aptera, the company Issa assisted with a loan request, is a major Republican donor and a contributor to Issa.
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