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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#1 October 3, 2011 at 11:58 pm
Jim - PRS commented:

“But, if you thought that George Stephanopoulos would point this out to Barack Obama you would be ~~mistaken~~ brain dead.” Fixed it.
#2 October 4, 2011 at 12:10 am
James commented:

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.
#3 October 4, 2011 at 12:11 am
AuntieMadder commented:

Spending this country into bankruptcy is his goal so, no, he doesn’t regret a damned thing about his dealings with Solyndra.
#4 October 4, 2011 at 12:17 am
big L commented:

Very strange man.To say the least.I hope at sometime,some year we will be through with him and his ‘crew’.
#5 October 4, 2011 at 12:27 am
Bigkahuna commented:

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 ?
#6 October 4, 2011 at 12:27 am
Estragon commented:

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.
#7 October 4, 2011 at 12:31 am
just-saying commented:

For someone touted as being so intelligent, obviously Obummer is not.
.
#8 October 4, 2011 at 12:38 am
Buffalobob commented:

George Stephanopoulos in a flash of his brilliance comes back with this follow-up. Cool.
#9 October 4, 2011 at 12:47 am
Objective Analysis commented:

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.
#10 October 4, 2011 at 12:55 am
jorgen commented:

“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!
#11 October 4, 2011 at 1:02 am
MrGoodWench commented:

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 ? )
#12 October 4, 2011 at 1:04 am
RS commented:

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

Typical liberal rationalization when their plans just don’t create the reality they want.
#13 October 4, 2011 at 1:18 am
Militant Conservative commented:

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.
#14 October 4, 2011 at 1:50 am
gus commented:

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 SH@T IS SERIOUS.
#15 October 4, 2011 at 1:53 am
Sonya commented:

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.
#16 October 4, 2011 at 1:56 am
gus commented:

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.
#17 October 4, 2011 at 2:01 am
gus commented:

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.
#18 October 4, 2011 at 2:02 am
FurryGuy commented:

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.
#19 October 4, 2011 at 2:10 am
gus commented:

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.
#20 October 4, 2011 at 2:16 am
gus commented:

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!!!