On Friday, CBS News White House correspondent Mark Knoller reported on Twitter that Mitt Romney's campaign was "slamming [the] Obama Admin citing reports of sale of Solyndra headquarters for fire sale price of $90-million," and how "US taxpayers lost $500-million underwriting Solyndra loans." Even with this and other developments in the past month, CBS hasn't covered Solyndra since June 1, 2012 on its morning and evening newscasts.
Knoller noted in subsequent Tweets that White House Press Secretary Jay Carney had defended the federal loan guarantee for Solyndra as a "merit-based decision" during an August 2, 2012 press gaggle, after a reporter asked about an impending congressional report on the scandal. Carney also stated during the presser that President Obama "firmly believes that it is the right decision to invest in clean energy technologies."
The three networks have, thus far, ignored the revelation that American taxpayers will only recover a mere $24 million of the $527 million lost on Solyndra, a new report by the Dow Jones newswire revealed last week. The evening newscasts and morning shows have skipped the announcement.
The Washington Examiner explained on Thursday, "In a little-noticed move, Solyndra LLC officially released it bankruptcy plan this week. The official word from it is that taxpayers will recover only $24 million of the about $527 million." The only utterance of Solyndra last week came when Republican National Committee Chairman Reince Priebus brought it up on Sunday's This Week.
PBS's John McLaughlin this weekend predicted that new revelations about failed solar panel manufacturer Solyndra "will become damaging to Barack Obama's reelection" (video follows with transcript and commentary):
The Jurassic Press is missing much in their reporting on the $50 billion bailout of General Motors (GM). The Press is open channeling for President Barack Obama - allowing him to frame the bailout exactly as he wishes in the 2012 Presidential election.
The President is running in large part on the bailout’s $30+ billion loss, uber-failed “success.” And the Press is acting as his stenographers. An epitome of this bailout nightmare mess is the electric absurdity that is the Chevrolet Volt. The Press is at every turn covering up - rather than covering - the serial failures of President Obama’s signature vehicle.
The $82 billion auto bailout has been a Crony Socialist nightmare mess. We’re going to lose at least $30 billion on the deal. And that’s only if the Barack Obama Administration’s math can be trusted - a dicey proposition at best.
The Administration eviscerated two hundred-plus years of bankruptcy law, throwing bond holders over the side to over-reward their United Auto Workers shock force buddies.
General Motors (GM) is cutting undisclosed deals with executives’ wives businesses.And on, and on, and on....Haven’t heard most or all of this? Not surprising - the Jurassic Press ain’t reporting it.
The Boston Globe is reporting on a Massachusetts solar company that received state loans under Governor Romney, and is now filing for bankruptcy. The Globe insists that this news means that Romney's attacks on the President's failed Solyndra investment have backfired, and are implying that it opens up the Republican presidential contender up to charges of hypocrisy.
You "can't blame" President Barack Obama for high gas prices. "Desperate" Republicans are hoping for the scandal-free Obama to have a scandal. When a conservative woman denounces absurd gender politics it's simply "a ventriloquist act" for "patriarchal ideas."
Those were the gems which stumbled out of the mouths, respectively, of conservative columnist S.E. Cupp, Democratic strategist Krystal Ball, and Georgetown professor Michael Eric Dyson, all panelists on today's edition of the Martin Bashir program on MSNBC. The topic at hand was how Republicans were pressing the Obama administration over the Secret Service prostitution scandal.
On Friday, Darren Samuelsohn at the Politico (HT Hot Air), the place where it seems that inconvenient stories go so the Associated Press, the New York Times and the rest of the establishment press can claim they have an excuse not to cover them (respective proofs as of about 3:30 p.m. in the current instance are here and here), covering -- or I should say attempting to cover -- the latest of the White House's ritual Friday document dumps, reported that a White House communications official rejected an apparent proposal to seat Solyndra executives at the President's January 2011 State of the Union address, and that others within the White House already knew that Solyndra was in deep trouble before then.
And he almost got to the real meat of the story, but not quite. In this instance, not quite isn't anywhere near good enough (bolds are mine throughout this post), nor is the "nothing new here, you really don't need to read this" headline:
I guess what follows shouldn't be a total surprise, given that the Obama administration was perfectly comfortable ruining hundreds of thousands of perfectly good cars during the Cash For Clunkers program in 2009.
The video which follows from CBS News in San Francisco last Thursday (full transcript here) tells viewers what is happening to valuable parts at the main manufacturing plant of the now-bankrupt Solyndra. At the risk of belaboring what longtime readers here already instinctively know, it's not news based on searches on the company's name at at the Associated Press and the New York Times.
By many measures, Barack Obama has left the State of the Union in tatters, but the liberal media, led by the highly rated Big Three network (ABC, CBS, NBC) news shows, have attempted to cover up those holes in the Union by mostly ignoring the Obama administration’s greatest failings. From record numbers of people on food stamps, to the administration’s support of failed energy companies while rejecting an oil pipeline that would result in thousands of jobs, the Big Three networks haven’t told their viewers the full story of Obama’s pathetic track record.
The following are just a few of the glaring examples of Obama’s failed administration and the coverage, or lack thereof, the Big Three networks on their evening news shows (ABC’s World News, CBS’s Evening News, NBC’s Nightly News), morning shows (ABC’s Good Morning America, CBS’s The Early Show, recently re-titled This Morning, NBC’s Today) and Sunday political roundtable shows (ABC’s This Week, CBS’s Face the Nation, NBC’s Meet the Press) have given them.
On Friday, the White House engaged in its customary document dump, mostly secure in the knowledge that a lazy establishment press would, as usual, pay it little heed and then declare it to be old news by Monday morning.
Ed Morrissey at Hot Air identified the significance of documents relating to now-bankupt Solyndra, the California-based solar panel manufacturer which borrowed $535 million through the Department of Energy. Read the whole thing, of course, but for brevity's sake I'll present the accurate timeline Ed presented:
NPR's Nina Totenberg on Friday exhibited what Hillary Clinton would call a willing suspension of disbelief.
When the subject of failed solar company Solyndra came up on PBS's Inside Washington, Totenberg actually said with a straight face, "There is no evidence that there was any political anything about the awarding of this contract" (video follows with transcript and commentary):