Obama Says He Does Not Regret Touting Solyndra As a Model of His Jobs Program Just Months Before It Went Bust (Video)

After all, it’s just $535 million.
Barack Obama told George Stephanopoulos today that he does not regret touting Solyndra as a model of his jobs program just months before its collapse.

ABC News reported:

President Obama told ABC News Monday that he does not regret touting the solar company Solyndra as a model of his jobs program, or loaning $535 million in taxpayer money to the company before it declared bankruptcy.

“Hindsight is always 20/20,” Obama told “Good Morning America” anchor George Stephanopoulos in an interview broadcast online Monday. “It went through the regular review process and people felt that it was a good bet.” The interview was the first under a new alliance between ABC News and Yahoo News.

ABC News asked the president about the Solyndra loan as Congress released White House emails that show a top donor to Obama was in direct contact with one of the president’s closest advisers about the federal energy loan program. Steve Westly, a California venture capitalist who raised more than $500,000 for Obama’s campaign, exchanged emails with Valerie Jarrett, one of Obama’s closest advisers, to warn her about political fallout that could ensue if the president visited the factory being built by Solyndra.

Of course, the Obama Administration was warned about Solyndra but went ahead with the funding anyway. But, there was no way George Stephanopoulos was going to point this out to Barack Obama on national TV.

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  • “But, if you thought that George Stephanopoulos would point this out to Barack Obama you would be mistaken brain dead.” Fixed it.

  • James

    Well look on the bright side. At least George went beyond asking obama what his favorite color was or if he wanted a wine cooler.

  • AuntieMadder

    Spending this country into bankruptcy is his goal so, no, he doesn’t regret a damned thing about his dealings with Solyndra.

  • big L

    Very strange man.To say the least.I hope at sometime,some year we will be through with him and his ‘crew’.

  • Bigkahuna

    President Odumbo may not regret it but America sure does.

    I want to see a GOP competitor ask this.

    Mr Obama, you are either

    Incompitent, a criminal guilty of corruption or have the worlds worst judgement

    Please explain which ?

  • Estragon

    Actually, NOBODY in the “regular review process” thought Solyndra “a good bet” at all, and there were multiple warnings. It would have been turned down again – as it was in the waning days of the Bush Administration – if not for the pressure from the Obama White House.

    This once again demonstrates Obama is not all that smart after all. Even though he may have personally pushed the project at the behest of his donors/bundlers, there is no record of that and he might just as easily have dodged responsibility entirely, by directing questions to the agency.

    Eventually the truth will out, as it always does, but there was no need to admit such incompetence and lie directly (“regular review process”) which will be easily found out, and do it on national television from the President’s own lips.

    Stupid is as stupid does.

  • just-saying

    For someone touted as being so intelligent, obviously Obummer is not.
    .

  • Buffalobob

    George Stephanopoulos in a flash of his brilliance comes back with this follow-up. Cool.

  • Objective Analysis

    No wonder this man can’t run a business nor a country. He believes his own crap.

    Just pathetic. I just think he likes the sound of his own voice if you ask me even if it makes no sense.

  • jorgen

    “Hindsight is always 20/20,”

    In this case foresight, middlesight (if there is a such) and hindsight was 20/20! Everyone knew they would go bust!

  • MrGoodWench

    Steve Westly, a California venture capitalist who raised more than $500,000 for Obama’s campaign, exchanged emails with Valerie Jarrett, one of Obama’s closest advisers, to warn her about political fallout that could ensue if the president visited the factory being built by Solyndra.
    ++++++
    Aaaaah Mr Westly a k a
    ” The Tesla man ” ,
    he was sooooo concerned about Obama’s appearance at a suspicious greendoggle company, just down the street from Tesla 😉 because Westly would never ever grab himself some stimulus dollars as a reward for being an Obama bundler !
    http://www.thegatewaypundit.com/2011/04/top-obama-bundler-given-half-a-billion-in-stimulus-cash-for-his-green-energy-ventures/
    ( Is it coincidental that every bundler who gave half a mil to Obama got ~ half a bil in return ?
    Is that the current going rate for the islamomarxist in WH ? )

  • RS

    It’s not the results but the intent that matters.

    Typical liberal rationalization when their plans just don’t create the reality they want.

  • Narcissists are never wrong. Obama will have

    to be forced Out. He will cause all sorts of hate

    And violence to gratify thier lust for power.

    It’s what the dark angel does, EVIL.

  • gus

    THIS IS EXACTLY WHY…..You cannot vote for a UNQUALIFED COMMIE DOUCHE BAG.

    The UNQUALIFIED COMMIE DOUCHE BAG….believes that BILLLLLLLLIONS of dollars ..spent on UNICORN FARTS……is MONEY WELL SPENT.

    2 PROBLEMS with OBAMA and the UNICORN FARTS.

    His POLITICAL BAG MEN (REZKO IS IN PRISON) were paid off.
    And, there is NO GREEN ENERGY…..Miraculous fountain of LIBTARDISM.

    The REPUBLICAN PARTY has ALLOWED THIS. The REPUBLICANS have not RAPED US, the REPUBLICANS have ALLOWED US TO BE RAPED.

    This [email protected] IS SERIOUS.

  • Sonya

    He would regret if his money were involved. When somebody else money are gone, why to regret? Easy come, easy go. He always can tax us more.

  • gus

    Sonya. Where would Obama have EVER earned a single dollar in his life??

    Obama, the CLOWN, has NEVER earned an honest buck in his life. Nor has his lovely Wife Michelle, who surrendered her HARVARD LAW SCHOOL law license YEARS AGO.

  • gus

    HINDSIGHT IS 20/20?????

    What a fvcking CLOWN.

    Meanwhile back at TARGET…..Michelle the LARGE Obama is shopping for CLEANING SUPPLIES, so as to appear COMMON!!!!!

    How did the AP, KNOW that she was there??? How effing pathetic. And most of America buys it.

  • FurryGuy

    I’ll bet that Barry doesn’t regret spending gobs of taxpayers’ cash to tout the wonders of Chevy’s electric Volt:

    Is the Chevy Volt a sales flop?

    General Motors has repeatedly claimed a sales target for 2011 of 10,000 units for the plug-in hybrid Chevy Volt sedan. But, nine months into the year, they’ve only shipped 3,895 off the lot. In fact, in September sales numbers, released an hour ago, GM sold only 723 Volts. Will GM fail to meet its own sales predictions?

    To be fair, GM has claimed that sales would falter during the summer because of a pre-planned shutdown of the automaker’s Hamtramck assembly plant. But, it was thought by most analysts that GM would have already swallowed that hiccup and by September we’d see higher sales. Despite more than doubling last months sales, we somehow don’t think 723 units sold this past month is what one would consider massive sales momentum — especially given this summer’s anemic numbers. And that’s not to say there aren’t any Volts on dealer lots. Cars.com shows over 2,600 units available in a nation-wide search of new vehicle listings.

    To give you an idea of how few vehicles that is, here are just a few of the GM vehicles that sold better than the Chevy Volt this month:

    Cadillac Escalade – 1,527
    Chevrolet Colorado Pickup – 2,171
    Chevrolet Avalanche – 1,861
    Chevrolet Suburban – 5,246
    Buick Lucerne – 1,068

    That last car, the Buick Lucerne, is even more ironic considering it’s made on the very same assembly line as the Chevy Volt — yet the Buick-for-blue-hairs still managed to sell almost 50% more units this past month.

  • gus

    Folks. Obama can NEVER accept responsibility for his actions or mistakes. He isn’t honest, and he isn’t capable. The SOLYNDRA deal was a CORRUPT DISHONEST DEAL.
    Obama is CORRUPT and DISHONEST, however, OBAMA has NEVER been held accountable for any action he has ever taken.
    Only a completely DELUSIONAL FOOL, would do the interview that Obama did, with George Snuffaluffagus. Snuffaluffagus, is a TOOL and a STOOGE for LIBTARDISM.
    Obama is a CLOWN. Obama has NO IDEA, what he is doing.
    Obama, did the George Snuffaluffagus interview, because Obama still thinks, that HE is BELIEVABLE.
    He is not.
    And George Snuffaluffagus, has jumped the shark too.

  • gus

    FURRYGUY. Obama is a COMMUNIST. He believes that COMMUNISM…..works.
    Obama was interviewed today by George Stefanopolous , and Obama attempted to DEFLECT the CORRUPT SOLYNDRA DEAL.

    THE ISSUE HAS CEASED TO BE THE OSTENSIBLE VIABILITY of SOLAR ENERGY.

    Obama is a COMMIE,and a DISHONEST, CORRUPT, Politician.
    THE COMMIES, have decided to CONGLOMERATE, the GREENS, THE GAYS, THE LAWYERS, THE UNIONS, THE STUDENTS and every other LOSER THEY CAN FIND EN MASSE. And it no longer works.
    LIBTARDS HAVE GONE THE FULL COMMIE. GOOD LUCK LIBTARDS!!!

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  • ohiochili

    The messiah does not regret pouring our money down a hole. There are lots of bigger, deeper holes he and his pals are digging and doing their best to fill every day. You know…shovel ready corruption.

    He’s never wrong..Americans are just soft.

  • CV1

    Chalk it up to inexperience yet again!

  • big L

    All this money comes from people’s earnings, americans work/ Money extacted from their families. ANd Obama and Steph are so cavalier about it. Just horrible. apart from the Leftward lurch of the Donks, why would ordinary libs support this waste of dough? IT is their and their kid’s money too.

  • squeaky

    if solyndra is an example of his jobs program….. set up to fail. everyone who was anyone walked away with the lions share.

  • Midnight Rider

    Sociopaths, i.e. people without a conscience, rarely regret anything. A lack of remorse is one their most outstanding characteristics.

    http://www.commieblaster.com/

  • jorgen

    The scam is like this: you give Obama’s campaign half a million and you will get half a billion of the taxpayers’ money.

  • squeaky

    “why would ordinary libs support this waste of dough? IT is their and their kid’s money too.” they probably think that they’ll be insulated from the effects of a major breakdown. and most people just don’t think on the grand scheme level and will always be in for a rude awakening. they’ll figure it out in the bread line.

  • Granny

    You missed the very best part of this interview – the bit where Obama claims that HE is the underdog in the race –
    http://politics.blogs.foxnews.com/2011/10/03/president-obama-im-underdog-2012?test=latestnews

    /personally, I should think that the competitive edge given him by being able to give campaign speeches at the drop of a pin on nationwide TV without paying for the time, the US of federal resources paid for by We The People to establish his internet campaign presence and being able to fly his entire entourage around the country at tax-payer expense more than makes up for any “underdog” status.

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  • squeaky
  • Crackermike

    To Obama, a successful business model is to steal tax money to waste on high living “investments”, always being based upon “green”, racial or socialist pursuits. Obama’s goal is to bankrupt America, steal tax money from the middle class until he completely destroys it, give that money to fellow elite socialists, then accuse middle Americans of just not being tough enough. Orwell had socialism pegged, elites work the fools to death, then party on the proceeds till they dry up. Obama is destructive to his core.

  • ” I would like to thank all of you silly taxpayers for the money you all have donated to my 2012 election coffer, and to my swiss bank account through Solyndra, and other lending with other companies yet to come. I thank you, Moochelle thanks you, and all my friends and relatives thank you ”
    Yours Truly
    Barrak H Obama

    P.S—-Would also like to thank the GOP for sitting on their hands and not bringing on any investigations, and they say my administration is a stupid bunch of Pud Whacks….Excuse me now I have more of your money to move.

  • squeaky

    [[The Federal Reserve’s rule told credit card companies that they no longer can consider household income when assessing the creditworthiness of an individual who applies for his or her own card. Under the rule, only an individual’s own salary or other income — rather than combined household income…]] i wonder how limited income folks such as those on welfare would fit in? there was always a sign in the store about not discriminating……….
    http://www.creditcards.com/credit-card-news/stay-at-home-parent-credit-cards-household-income-1282.php

  • BurmaShave

    “Obama Says He Does Not Regret Touting Solyndra As a Model of His Jobs Program Just Months Before It Went Bust”

    Well, natch; what this was about all along was greasing his big donors – in this case Solyndra execs — with taxpayer money. Mission accomplished; who cares about proper stewardship of the nation and its resources.

  • #1AMERICAN

    just like ozeros NCAA basketball picks and everything else he pulls for…they all lose ….that is the only thing he knows how to do is cause destruction his number 1 goal

  • kansas

    Underdog? Has this guy ever had an original thought?

  • Sam Stone

    Remember all the hullabaloo about when Bush was asked if he could think of any mistakes he made and he couldn’t come up with any?

    It seems Obammer has the same answer to that question.

  • big L

    they wanted GWB to apologize.I recall that. Over and over.
    But beyond all that, I think perhaps we are too nice a country to survive. the Republic idea was agreat idea andwe did have a 200+yr run. But I don’t think the GOP is up to running a campaign against these folks. For one thereis nor real interest in governing on the part of the GOP.
    Theyare lettingall these crisies sit there and it is Crickets…No response.. Notice that when Gov Palin had all those lawsuits filed against her that the various candidates or potential candidates stood up and supporter herand told the filers to stop or went after them? No? Didn’t happen.
    The GOP is too weak to thwart this Juggernaut,imo. And too weak to mount any kind of a campaign against Obama.Better work on the Senate.

  • squeaky

    i’ve seen a lot of programs like this – open to a lot of fanfare and hoopla about what it will accomplish. after all the front money is gone – so is the program. the cast of characters just moves on to the new government big-to-do and it’s the same game. when the bulk of the money goes to greasing sweaty palms little is left to actually do what it was supposed to do.
    most people buy the hype and never look hard. at the end of the day the same needy people are needy. and that’s what it is with these long term projections for results that become blurred along the way.

  • I think it was more pimping than touting.

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  • Redwine

    Of course, Comrade Barry doesn’t regret pumping half a billion taxpayer bucks into a “green energy” scam. The whole green energy thing is a money laundering operation for the regime and its ideological bedfellows.

  • SpideyTerry

    Of course he doesn’t regret it. He’d have to have an ounce of intelligence and common sense first – and those ships sailed when he said there were 57 states.

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  • Obamas regulation destroy jobs

    Geez…this guy is a parasite…he will not give up..he is really sick, really he is insane and very, very RACISTS more and more he is showing how he hates white America defending black panthers; putting kids on the dole for 435K a piece, 10M for her vacations, their sham marriage; it never stops, these commies are just blood suckers…

  • Molon Labe

    Glad to hear Obama isn’t sorry about a half billion that was flushed down the toilet. Now let the Dhimmierat party pay for it.