FROM Steve Ellis
Energy Secretary Stephen Chu Faces Congress on Solyndra Energy Secretary Steven Chu — a Nobel Prize-winning physicist — was interrogated by Republican congress members today about Solyndra. The California maker of high-tech solar panels, which had been personally endorsed by President Obama and Vice President Biden, received a half-billion dollar federally guaranteed loan from Chu's department before going bankrupt and firing all of its 1100 employees. Was Solyndra an Obama boondoggle or the kind of risk government has to take to encourage "clean energy?"
Was Solyndra a "Clean Energy" Boondoggle? As "Occupy" protesters filled streets in New York, Los Angeles and other cities, Congress was bearing down on the federally guaranteed loan to Solyndra . At a Congressional hearing , House Republicans interrogated Energy Secretary Steven Chu, a Nobel Prize-winning physicist, about the half-billion federal dollars spent on the solar-panel company before it collapsed. Solyndra, a California maker of high-tech solar panels, was personally endorsed by President Obama and Vice President Biden. It received a half-billion dollar federally guaranteed loan from Chu's department before going bankrupt and firing all of its 1100 employees. Did a billionaire fundraiser have undue influence with the Obama Administration? Is it a bad idea for government to pick winners? Are Republicans hypocritical to attack Solyndra when they've asked federal support for similar projects in their own Congressional districts?
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
What is Trump's plan for Middle East peace? On his first foreign tour, President Trump has promised "peace" between Israel and the Palestinians. Are there any details for re-starting talks that have been stalled for the past three years?