For the 33rd consecutive day, ABC's Good Morning America on Tuesday omitted any mention of the Obama administration's Solyndra scandal, even though co-host George Stephanopoulos asked the President about it in an interview on Monday and elicited a newsworthy defense of the more than $500 million loan to the now-bankrupt company.
Tuesday's show instead focused on other questions from the ABCNews / Yahoo! online interview, like the best piece of advice the President has received from his wife and whether or not he would stop Bank of America's new monthly debt card fee.
Barely a week ago, we noted that the Morning Joe crew was blowing off the Solyndra scandal. "There's no there, there," they sniffed. But facts are pesky things. A devastating email, which Mika Brzezinski read on the air today, has turned up, indicating that top Obama aide Valerie Jarrett was warned about Solyndra's possibly impending bankruptcy before PBO made his photo-op visit to the company. That compelled Joe Scarborough & Co. to acknowledge that the Solyndra story has legs.
Perhaps even more significant was a clip Morning Joe played of President Obama defending his administration's decision to fund the soon-to-go-belly-up solar panel maker. In stating his case, Obama revealed his fundamentally socialist mind-set. According to the prez, unless the government funds something, it's not going to happen. Video after the jump.
Bankrupt solar panel maker Solyndra made a fleeting appearance on the Rachel Maddow show Monday night, just long enough for Maddow to assure her viewers that this too can be seen as Bush's fault.
Maddow did her best to put a shine on the situation, suggesting the Bush administration was at much at fault for considering Solyndra's application for a $535 million federal loan as the Obama administration was -- for approving it. (video after page break) --
Despite the growing scandal involving failed solar company Solyndra - now officially four weeks old - MSNBC's Chris Matthews, Lawrence O'Donnell, Ed Schultz, and Al Sharpton have still not reported the matter on their respective prime time programs.
The only regular MSNBC host to mention this subject in prime time is Rachel Maddow who predictably discounted its importance Monday (transcript and commentary follow):
Appearing Friday before the House Energy and Commerce Committee’s Subcommittee on Oversight and Investigations, the CEO and CFO of Solyndra both invoked their fifth amendment right against self-incrimination.
But instead of highlighting the cover-up in the scandal of the $535 million federal loan trumpeted by the Obama administration to the solar panel manufacturer which went bankrupt, neither ABC nor NBC mentioned the development Friday night and CBS allocated a mere 25 seconds.
The lengths MSNBC will go to deflect blame from President Obama for anything bad that can be tied to his administration is simply amazing.
On Friday, a liberal green jobs activist was brought on "MSNBC Live" to falsely accuse former President George W. Bush of making that ill-advised loan to failed solar company Solyndra (video follows with transcript and commentary):
ABC and CBS on Friday skipped any coverage of a congressional investigation into Solyndra and the appearance of its two top executives to plead the Fifth. Only NBC's Today show provided an in-depth look at the now bankrupt green company and the loans given to it by the Obama administration.
Today reporter Lisa Myers noted that taxpayers stand to lose up to half a billion dollars. She explained, "So, images of its executives taking the Fifth today are not the optics the White House had hoped for." Good Morning America and Early Show kept Americans from seeing those optics by not covering them. They did, however have time for a number of frivolous stories.
What a curiously incurious Morning Joe bunch! Joe Scarborough says Solyndra "is just not a story I have focused on" and John Heilemann similarly admits to not having "drilled down" on the matter. Meanwhile, Harold Ford, Jr. assures us that when it comes to any potential Solyndra scandal, "there's no there, there" and that no one "has done anything illicit here at all."
A blasé Joe Scarborough grudgingly introduced "this Solyndra thing," citing those pesky "conservatives on Twitter" who keep raising it. The show deigned to devote under two minutes to the story, with nary a mention of the facts that the main driver behind Solyndra was a major Obama fundraiser, that the Bush admin blew off funding for Solyndra after concluding their products weren't competitive and that Solyndra execs are now taking the Fifth. View the video after the jump.
Let's note the likely reason why what Julia Seymour observed earlier today is the case -- namely, that network news reports have taken to calling the Solyndra situation an "embarrassment."
The use of that term probably dates back to September 16, which is as far as I can tell the first time the Associated Press filed a beyond-perfunctory report about now-bankrupt Solyndra, the beneficiary of over $500 million in Energy Department loan guarantees. In January, the government also gave Solyndra's principal investors preferential treatment in advance of what was a clearly inevitable bankruptcy. Tuesday evening, the AP's Matthew Daly went to the E-word again in the final paragraph of the excerpt which follows:
Today is the three week anniversary of the beginning of the Solyndra scandal, and the prime time programs of the so-called "news network" named MSNBC have yet to report one single word about it.
This is despite daily revelations about the growing controversy for the Obama administration including the following from the San Jose Mercury Tuesday:
Part 1 on the Associated Press's September 16 evening story ("Obama admin reworked Solyndra loan to favor donor"; saved here at my web host for future reference, fair use and discussion purposes) by Matthew Daly and Jack Gillum criticized the reporters and the wire service for making it appear as if all the findings in the story were the result of original work.
Two other paragraphs in the report in my opinion represent a blatant but clumsy attempt to give the impression that the bankruptcy of a major beneficiary of Department of Energy stimulus-driven loans was a bipartisan fiasco:
The public learned on September 3 from William McQuillen at Bloomberg (possibly earlier elsewhere) that now-bankrupt Soyndra's private investors restructured the company's finances in January by lending the company "$75 million." As a condition of doing so, they convinced the government to give the new loan senior status over all other creditors. Now taxpayers face a likely loss of hundreds of millions in Department of Energy loans, perhaps over $500 million.
On September 7, Peg Brickley at the Wall Street Journal clarified that the amount involved was $69 million, and identified the names of the lending entities involved (HT to American Thinker for both stories).
But if you haven't stayed with or are unfamiliar with the story and read the Associated Press report this evening by Matthew Daly and Jack Gillum, you would think that the wire service did all of the dirty work to learn these things (credit-hogging language in bold):