House Committee May Sue White House

Members of Congress are considering suing the White House to obtain access to documents relating to the Solyndra bankruptcy. They are investigating the $535 million loan guarantee that the Obama administration gave to the defunct solar panel manufacturer.

The House Energy and Commerce Committee has been probing the circumstances surrounding the loan and its subsequent restructuring, which subordinated taxpayers to private investors in the recovery of the company's assets. Solyndra's chief investor, billionaire George Kaiser, is a prominent Obama supporter whom records show visited the White House 17 times.

A White House spokesman notes the administration has already turned over 185,000 documents to the committee, and that Argonaut Ventures, the Tulsa, Oklahoma-based private equity firm Kaiser founded, has also produced a large volume of documents. Earlier this month, the committee subpoenaed the White House for more documents, but the administration did not comply fully, citing what it deemed the excessive scope of the request.

The committee has also been stymied in its attempts to secure interviews with some personnel from the Energy Department and the White House Office of Management and Budget, particularly those bureaucrats who raised red flags early on about Solyndra's shaky finances.

What is Obama and his administration hiding?  Is it that Obama was paying off a campaign contributor?  It's time to find out why the taxpayers lost $535 million dollars to Solyndra.

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