-By Warner Todd Huston
On Friday, July 20, Politico reported that GOP leadership in the House beat back an attempt by recalcitrant members of their own caucus to continue to quietly support the sort of pork spending that gave us Solyndra in the first place.
House GOP leadership has been beating the Democrats up for the pure wasteful spending that was Democrat support for the now bankrupted “green energy” company Solyndra. But a few Republicans on the House Energy and Commerce Committee wanted to buck the anti-bailout theme and quietly keep the spending program that allowed the “loans” to Solyndra to continue.
According to Politico:
At least three House Energy and Commerce Committee Republicans had publicly expressed reservations about the GOP-backed “No More Solyndras Act” during the past week. They griped, to varying degrees, about a provision that would effectively end the loan guarantee program — and argued that it needs to be reformed, not killed.
As Politico noted, the Wall Street Journal also lambasted these Republicans calling them the “Solyndra Wing” of the GOP and chiding them for loving corporate welfare.
The three Republicans hoping to re-open the corporate welfare spigot are Joe Barton (Texas), Michael Burgess (Texas), and Phil Gingrey (Georgia).
So, as we can see here, there is a large and powerful block of the GOP that is fully in support of the sort of disgusting, un-American waste, and pork barrel spending that results in such programs as the “loan guarantees” that sent millions of U.S. tax dollars into the black hole that is Solyndra — a company that will never pay back the so-called loans afforded it by Democrats wishing to help Obama campaign contributors.
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Solyndra Republicans, Why the GOP Cannot be Trusted”