President Obama gave an interview to Kyle Clark of Colorado NBC affiliate KUSA. In the interview, which saw the President answer and try to dodge some of the toughest question he's been asked the whole campaign season, the President claimed the White House has no involvement with stimulus funds going to a company called Abound Solar. The company, as you can guess, is another loser picked by the Administration that has now failed.
The President, when asked about Abound Solar, told Kyle Clark,
"These loans that are given out by the Department of Energy for clean energy have created jobs all across the country." … "Some of them have failed but the vast majority of them are pushing us forward into a clean energy direction."
"These are decisions, by the way, that are made by the Department of Energy, they have nothing to do with politics," President Obama said.
The company, like most of the other, is owned by major Obama donors.
The website Complete Colorado has obtained emails between Department of Energy loan executive Jonathan Silver and the Department of Energy's Credit Advisor, Jim McCrea, claiming the White House was pressuring the Department of Energy to move the loan forward for Abound Solar. Even more troubling, Complete Colorado also has internal Department of Energy emails that suggest the Department of Energy's Credit Advisor had serious reservations about giving any money to Abound Energy. Previously, emails have surfaced from the credit advisor, Jim McCrea, in which he wrote, "All in all in the solar field, l think it is extremely easy to pick losers and l really do not know how to pick winners."
Nonetheless, the government did give Abound Solar money and did so after Department of Energy officials, in writing, admitting they were getting pressure from the White House.