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RNC Communications Director Sean Spencer on the government’s backing of Solyndra.
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The true engine of economic growth will always be.
Companies like -- That's President Obama touting his Green energy dynamo -- Linda -- which was fast tracked.
535.
Million bucks and stimulus money now the company is bankrupt and critics are asking some serious questions about.
How shall -- even qualified for all those hundreds of millions and millions of dollars in the first place the -- -- chairman rates previous saying today.
Cylinder is now the prime example of stimulus failure.
Joining me now the RNC communications director Sean Spicer Sean thank you welcome back to the show good friend -- -- show.
So yet we saw your your comments this morning -- of the RNC.
-- -- -- -- this -- last week and we won't you know we brought brought it out on the show always -- this looks really bad and that there is push back from the Obama administration saying.
Yes but this goes on all the time or not we shouldn't be expected to know this was gonna happen in advance should the White House have known.
That's a lender was on shakier ground than it actually was there -- that then they actually were told that was on.
Yes there.
-- yes it should -- Eric today we put out a fifteen page document.
That's available on our website called the slender file corruption at the heart of the -- a failed economic Obama.
Have they failed Obama economic strategy.
-- details.
-- twenty visits this -- officials had in the White House.
Big details the energy officials -- that was so -- And then also details all the contributions to political contributions.
That was made by people on or affiliated with -- that went to the Obama -- act and or the Democratic National Committee.
It's a -- your question.
That many meetings that many contributions that kind of involvement yes they should have -- -- -- -- you're gonna wave around a piece of Paper that says this is the model of success.
-- China and let's take it'll be deeper -- the EU call it corruption let me ask I have to ask you this there's a gentleman by the name George Kaiser.
He has a foundation billionaire happen to be one mr.
Obama's chief fund -- -- a bond people are back in 2008.
Made frequent visits to the White House is there any tie between mr.
Kaiser.
And net 535.
Million dollar loan to slander because apparently Kaiser Foundation.
And or one of the companies owned or or at least it associated with Kaiser one of -- had a big investment insulator is that right.
Right yeah I was a venture capital firm.
That had a lot that was backing a lot of the Kaiser loans.
So -- you're absolutely correct -- I think the heart of what you're asking Eric -- is spot on and for the quote unquote most transparent administration in history.
That's what were getting at which is.
Details need to be known before the Obama administration embarks on asking the American people to finance stimulus 2.0.
We need to know what happened with companies like so -- on stimulus one point out.
Where with the where the money go how did they not know what -- the involvement of people like mr.
Kaiser.
What would they do and don't know twenty meetings lower energy officials doing involved insulin -- terms of their board of directors -- -- -- But you're asking the right questions and what we're doing is saying OK if you quarter if you are -- truly the most transparent administration in history.
Released the logs released the meeting notes tell us what happened what involvement did you half.
But those draw faxes him and this is a half a billion dollars.
This is just out the door gone now 11100 people have lost their jobs and this is quote the model of success.
Look look sure I quite happy to clarify I have to clarify because you know me and we -- -- torn apart in the media if I don't clarify this I'm not accusing.
I'm simply asking the question is there a -- If there is we like to -- at least certainly think that that the public should know -- tires also it is very important knowledge on.
They lost 535 million dollars in about a year's time I mean that's burning through cash like crazy at.
There -- that that that alone should raise a red flag to anyone doing any investigation.
If they have this kind of burn rate on capital going in -- in the White House have known that they would have that burn rate going going forward as well.
And maybe it wasn't such a great investment from the beginning.
And could be all fair questions and I -- -- could agree to -- These are just questions but -- questions that deserve to be answered before we embark on spending a lot more taxpayer money.
No one's net sit there and did what we need to know is what what did happen where did the money go how is -- back how did no one see this.
So I'm a -- on the fact that -- no one's saying that there is a direct quid pro quo at this point.
But I think that what we do need to know say okay.
It is fair enough that if you're gonna have that kind of a burn rate with that much money.
That serious questions have to be asked and answers need to be given.
Right okay shall we have to leave -- appreciate your time -- friend.
