The green energy Solyndra scandal is just one of an alarming number of scandals that have occurred under President Barack Obama's watch. Although the controversy has been overshadowed by a litany of ensuing scandals, the Obama administration's fast tracking of stimulus funds to Solyndra, which ultimately left taxpayers on the hook for $535 million, still rankles.
The Solyndra scandal was not about whether the use of stimulus funds to bolster green energy is a wise investment. The scandal erupted over the pressure that the Obama administration, which stood to gain politically by funding green energy, put on the Office of Management and Budget to issue the loan. This despite the Treasury's reservations about the financial health of Solyndra, which in fact, later went bankrupt despite the infusion of stimulus funds.
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