Fight the Lies on Solyndra, the Stimulus and Repug Hysteria

Seriously, people: everything repugs say is the polar opposite of the facts, reality and truth. You don't even have to do any research.

But you do have to fight back. Repugs have the megaphone and the Villagers are whipped. It's up to us to start forcing some facts down people's throats.

Kevin Drum:

You've probably heard of Solyndra by now, right? It's the solar power company that got $500 million in Recovery Act loans from the Department of Energy and then went belly up a couple of weeks ago.

Conservatives have been trying to paint this as a big scandal of some kind, despite the fact that: the company had plenty of private investors too; it's the only DOE loan that has failed so far; and there's no real evidence that anyone in the White House did anything worse than push OMB to speed up their decision-making process a bit in 2009. Stephen Lacey has the full timeline here.

But I think Dave Roberts probably has the bigger picture right:

Watching this unfold over the last week, I keep thinking back to "Climategate." When it first broke back in late 2009, lefties and bloggers and Dem lawmakers just ignored it, because it was obviously dumb. This left the field entirely open to a massive attack from the right, coordinated among ideological media, staffers, lobbyists, and pols. When the left finally stirred itself to action, all that emerged were a bunch of long, boring investigations into the details and good-faith efforts to be fair about how both sides a point. By the time five separate investigations had cleared the scientists of all wrongdoing, the damage was done. Now we're seeing the same script play out again.

…The right is going after this whole hog, trying to make the name synonymous with clean energy boondoggle. And the left is flailing around, throwing out this fact and

Unfortunately, I think that a bit of flailing was inevitable. Conservatives had a clear attack line: anything and everything that makes Solyndra look bad. They didn't care what. Liberals didn't have the same luxury. At the time this story broke, none of us knew enough about Solyndra to really have any idea if the company itself was defensible, so a bit of hesitancy was inevitable. But Dave is right: At this point we do know enough, and there's really no reason to hesitate any longer. Basically, Solyndra was working on a solar technology that promised to be cheaper than silicon, and at the time of the loan it looked really promising both to DOE and to private investors. But then the market turned: Silicon prices dropped, and China started producing super low-cost silicon PV. That spelled doom for Solyndra. They had a good idea, but it didn't work out.

In any case, Solyndra is a tiny fraction of DOE's green-energy loan program, and Solyndra's loan guarantees are dwarfed by those of both fossil fuel and nuclear companies, which range into the multiple billions. There was no scandal in the loan process, and there's nothing unusual about having a certain fraction of speculative programs like this fail. It's all part of the way the free market works.

Want to learn more? Read the timeline here, and then listen to Rep. Ed Markey at Wednesday's hearing. You'll learn the facts from one, and how to talk about Solyndra from the other. No more flailing, okay?

Kevin has more on the stimulus here:

Repug hysteria over Solyndra is particularly hypocritical compared to the scandal of Halliburton. David Atkins thereisnospoon at Hullabaloo:

You can't talk about the Solyndra story while ignoring the epic scale of the Halliburton story that dwarfs it both financially and especially morally. You can't talk about the Solyndra loan without asking why the government is forced to invest in risky private companies to do the jobs that need doing in the first place. And you can't talk about the Solyndra loan without asking how and in what ways it fundamentally differs from government investments in risky industries that conservatives do support.

And even if Solyndra were a con game, that says nothing about the solar power industry or the rest of the renewable energy industry.

David Dayen at Firedoglake:

This stupid Solyndra circus is starting to remind me of the late 1990s, when any whiff of scandal was like catnip to the media. This is 1/80th of the total price of loans made from the Energy Department’s program, none of the other companies involved have failed, and yet this is supposed to be an object lesson in how green jobs cannot compete. Never mind the $40 billion in subsidies given to oil and gas companies or the hundreds of millions in loan guarantees propping up the nuclear industry. This notion of a free market in energy is ridiculous.

In point of fact, the domestic solar industry, a net exporter last year, happens to be booming.

Finally, Digby paints the big picture:

This problem was obvious when the stimulus was being proposed. The administration was desperate not to have any of the money go to projects that didn't pan out because this kind of hissy fit would be the obvious result. (Remember all the shrieking that some of the money was going to public health programs and fixing the grass on the Washington Mall?) They weren't wrong to be worried and it's actually surprised me that something like the Solyndra failure hasn't come to light earlier. Of course some of the money was going to go to failed projects, particularly when the free market fetishists insist that they go to private enterprise, the very definition of "risky." Nobody bats a thousand and the fact is that the "success" of the program isn't the most important thing about economic stimulus in any case. Getting the money into the economy is.

So this goes, once again, to the problem of right wing tropes being the default standard because liberalism is the ideology that dare not speak its name. If people understood the role of government in economic crises as being something other than "please save us by cutting spending" this would not be the problem that it is. Unfortunately, the entire population has been indoctrinated into this concept (which I recognize is easy to do) and so they are extremely skeptical of something like stimulus to begin with --- and are quite ready to believe that the whole thing is a crooked game.

What makes it most delicious for the Republicans is their ability to manipulate the press into focusing on alleged Democratic corruption (not that it doesn't ever exist, mind you) while successfully obscuring and stonewalling the very serious, high dollar corruption of the GOP. It all works together like a well oiled machine to paralyze liberal action. And the centrists, like vultures, are there waiting to leap on whatever opening either side gives them to portray themselves as the "pragmatic" "moderate" "common sense" alternative, which somehow always seems to end up being that which benefits the wealthy status quo.

Every time a repug lie goes unchallenged, liberalism dies a little. Don't let it happen.