As the Solyndra scandal hit the news a couple of weeks ago, the Obama administration obviously knew that they were in trouble. With Obama’s polling figures sinking already, the economy in the tank, the first downgrade in our nation’s history having just been handed down, unemployment still high and for the first time in decades, a month in which not a single new job had been created, Obama could not afford a hit like Solyndra.

Obama, his administration and liberals in general have, once again, resorted to a worn out strategy.

Blame Bush.

Blaming Bush is not a talking point. It’s a lying point plain and simple. It’s a weak attempt at trying to avoid responsibility and one which this administration and Obama himself have used, reused and resurrected time and time again. It’s bull and Obama knows it, his administration knows it and so to liberals – but to them, it’s no reason not to employ the strategy yet again.

Did Bush and the Bush administration start the ball rolling for a Solyndra “loan” Yes. The Bush administration did indeed look at Solyndra back in 2007 or 2008 as a candidate for “investment.”

All indicators at that time were pointing toward Solyndra receiving taxpayer money as an investment; but, for liberals, on the lying points of Obama and the Obama administration to claim that it was a done deal before Obama took office is just plain wrong.

With just 2 weeks left in office, the Bush administration made the decision NOT to hand Solyndra the people’s money. The date was January 9^th, 2009, when the Department of Energy voted NO on a conditional commitment to Solyndra based on the belief, after a great deal of due diligence, that is was too risky, premature and red flags regarding underlying financial support were evident.

Now, in the context of the Obama administration’s mantra of green jobs and government spending to push them, admitting that Bush actually STOPPED a government “investment” in a failing company would be, to borrow a phrase, an inconvenient truth.

What the Bush administration saw was a company, Solyndra, producing solar panels and selling them at a financial loss since the day it opened its doors but that’s not all they saw.

Over the years that Solyndra was operating, investors had poured nearly 1 billion dollars INTO that company. Not only was Solyndra, after receiving nearly 1 billion dollars in investments still failing and continuing to lose money on each unit sold, these were no ordinary investors pouring that money down the hole.

Those investors were VENTURE CAPITAL investors.

Venture capital investors take huge risks hoping for a decent payoff in the end. They invest in risky companies, usually companies engaged in novel or cutting edge technology, knowing they could lose but hoping they will win in the long run based on a possible IPO or trade sale of the company. One could easily boil venture capital investors down to a select group of people with more money than they really know what to do with. They are investment gamblers.

Why would Obama and his administration suddenly resurrect the idea of funding Solyndra after the Bush administration declined to do so? Two possibilities leap to mind.

1)      It’s green technology, solar power, renewable energy and liberals love this sort of thing.

2)      Bush said no and anything Bush was against, especially in the wheelhouse of green technology, must be good because Bush was always wrong.

Literally, as soon as Obama took office, his administration created an extremely short timeline to okay the Solyndra conditional “loan,” and in March of 2009, that is exactly what they did. In the process of this, Obama and his administration not only ignored the recommendations of the Bush administration, but they also ignored the red flag waved by their OWN people over Solyndra.

Just 2 weeks before signing off on the conditional “loan” to Solyndra, the Obama administration was warned by Biden’s Chief of Staff, Ron Klain, that this appropriation of taxpayers’ money was a bad idea. That wasn’t enough to make Obama take another look. Then, just 9 days ahead of writing the check, an email from Obama’s budget analyst warned the Solyndra investment “deal [was] NOT ready for prime time.”

For the 2^nd time in 2 weeks, Obama ignored the warnings and then cut the check handing to Solyndra $535 million dollars of our money – and in the process, turned the American taxpayers into venture capital investors.

The way venture capital investors normally make their investments is simple. They hire someone, or an investment firm, to take the money they don’t know what to do with and tell them to put it into something on that cutting edge. More often than not, the firm splits that money between several opportunities hoping that one or more will eventually pay off. That’s how private funds, in the case of Solyndra, got invested to the tune of nearly 1 billion dollars.

Here is a very important distinction which need to be made crystal clear. While private venture capital invertors usually don’t point their own money toward a specific investment, they clearly know their money is going into risky investments and it is their choice to invest in that manner.

That last part bears repeating. They clearly know their money is going into risky investments and it is their choice to invest in that manner.

What Obama did, in regard to Solyndra, and in regard to turning taxpayers into venture capital investors, was to take OUR money in putting it into Solyndra WITHOUT it being OUR choice to invest in that manner.

Obama clearly knew Solyndra was a high risk company. Obama clearly knew that Solyndra had operated at a loss on every sale since they opened their doors. Obama knew that the nearly 1 billion dollars already invested privately was from venture capital investments and was not based on prior company performance. Obama clearly knew the Bush administration nixed a conditional loan to Solyndra. Obama clearly fast tracked a resurrected conditional loan deal for Solyndra. Obama went to Solyndra and crowed about what a great company it was. Obama clearly knew, while doing so, that Solyndra was deeply financially troubled.

6 months after cutting the check and after all his crowing on behalf of Solyndra, Solyndra filed for bankruptcy.

In blaming this on Bush, Obama is clearly lying.

It gets worse.

Part of what was written into that conditional “loan” to Solyndra by the Obama administration goes to proof that they knew what they were doing was completely risky. Obama wrote into the “loan” a provision allowing Solyndra to pay off private investors, should they file for bankruptcy, before they would have to pay back one red cent to the American taxpayers.

Remember, those PRIVATE venture capital investors had the CHOICE to make that investment. THEY CHOOSE that risk.

We, the taxpayers, were NOT given that choice.

Those who HAD the choice will be paid back first…those who had NO CHOICE will be paid back after those WITH the choice. The reality is clear, those WITH the choice will not get all their money back and those without the choice will get nothing back at all.

If all of this isn’t enough, it gets even worse yet.

A look at the White House visitors’ list shows that between March 12, 2009, and April 14, 2011, high ranking officials from Solyndra were west wing guests on 20 occasions. In the one week Obama handed $535 million dollars to Solyndra, those company higher-ups were in the white house 4 times.

George Kaiser, a big investor in Solyndra was in the White House 3 times on March 12, 2009, and one time  March 13. The “loan was given on March 20^th.

Not only was Kaiser a big investor in Solyndra, Kaiser is also a big donor to…Obama.

Now, give all of this, one must ask how on earth can Obama, his administration and liberals possibly think they can get away with blaming Bush?

If telling political lies is an art form, Obama, his administration and liberals are to lying what a spastic monkey with a can of spray paint is to Rembrandt.