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Rep. Michael Burgess, (R-Texas), on the investigation into the guaranteed loans given to Solyndra.
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Our next guest is helping to lead the investigation into -- and Europe He says the Department of Energy should be declared a crime scene.
They're trying to -- eight billion dollars more out the door hell yes we took that money back the deal he's gonna continue to be chumps.
We ought to at least try to corral what they're doing.
-- which we -- appropriate a little bit more money invested in some crime scene tape.
And taken it down -- and circled -- building.
I hope that they will be forthcoming in the future.
Well joining me now congressman Michael Burgess you're just those solve there -- question going -- The the executives of slander -- congressman great to have you with us.
-- this is extraordinary that we -- now.
A -- this half million dollars was basically burned through in less than a year and a half.
-- -- -- -- -- No -- it was more money than that because remember they can't raise private capital almost a billion dollars of private capital as well so the bird rate.
Was was even more spectacular than than -- much alluded to in your opening.
We have been trying Republicans took the majority in January our committee's been trying to get information.
Are on the internal documents from Department of Energy office -- from the budget since February.
That led to a subpoena in July I filed our our resolution with our committee was criticized at the time it was a party line vote people so you just.
It is trying to be obnoxious to these companies that are trying to do good things in Green energy look we should have had this story told along time ago.
Maybe we could save a little bit of the taxpayers' money my -- now.
The you know they're cramming this money out the door even as we speak right and if they made such a mistake just getting in a hurry for a photo op.
What are they doing with getting -- was money out the door for the into the fiscal year we've got to be we've got to be on top of this -- On top of this and -- and as our White House our senior White House correspondent.
Ed Henry.
Reported.
Just last year October -- November.
-- manage through the the head of the Department of Energy is telling everyone that everything's just perfect.
Basically.
-- sole lender and it have only two.
Effectively two more months of operations in which it had money to do exist.
This this investigation yours how horrors are gonna go in what are the impediments they obstacles you expect -- -- enter.
But we impediments initially worked and we couldn't get any documents produced by department of energy and -- and managed with a budget that's I've told.
The -- not just those agencies that were up against problems of other agencies and what -- repeatedly told them is when you don't produce the documents that we asked for when you don't give us the information when we ask for it.
We can only imagine what you're trying to hide and and I do have a very fertile imagination cut there's no way I could've imagined Disney robots and -- come on that's beyond you can't make this stuff.
Up it's also troubling is it not that the Obama administration is -- -- is not even reflexively holding up examples.
All of all alternative energy companies that have been a resounding success under this program to deflect at least some of the heat.
There isn't that strange.
Well it's strange and in other reports on the news today that another billion dollars.
Did go up from Department of Energy as solicitor was kind of an out wire in that they -- manufacturing.
Plant and most of them and loan guarantees -- for generational activities they actually generate.
Power generate electricity.
But nevertheless it doesn't you can't escape the fact that this stuff was was done in a hurry.
Their own internal documents said.
Don't let us get jammed again.
That this -- will be out of money.
By September of 2011 and that memos written two years ago for -- and this is the kind of stuff that I should've gave you just can't believe it was happening.
They should have higher that forecaster about a analyst because that is extraordinary.
Forecasts or by any standard congress -- we thank you very much for being with us here congressman Michael --
