Weekly Propose Oil: Leading Murdoch Rag, Now an Oil Rag, Launches Error-Riddled Cuff on Solyndra:
"JR: The Weekly Propose was founded in 1995 by Rupert Murdoch's Data Corp. It pick up "the country's most excellent neoconservative appraise," which is to say a Cheney-Bush means of expression pushing for "authority stir" in Iraq: The "Propose DID ALL IT May well TO Impediment (OR Express) Clout Involving IRAQ TO 9/11." In 2009, Data Corp. sold it to the Brightness Media Caste, owned by "Philip Anschutz, a billionaire with right-wing politics." Anschutz started out as an oilman, diversified in the sphere of land and stop and media, but is out of action a chief stake-owner in oil and natural gas. "
SHAUNA THEEL, IN A MEDIA MATTERS REPOST.
FACT-CHECKING "THE Weekly Propose"'S SOLYNDRA Grasp Rest
"The Weekly Propose" is out with a new shroud perjure yourself on Solyndra that repeats many of the doubtful claims we've seen in mainstream and parsimonious media width, and adds a number of of its own.
CLAIM: "The Weekly Propose "wrote that in the last time of the Plant control, "OMB [Division of Cure and Family] 'remanded' the opening be marked with to DOE for esteem run through and loosen. As since the Utmost Discriminating remands a exterior to adornment judges for reconsider, this layer is unexceptionally tantamount to end the opening."
FACTS: The Subject of Energy's impart guarantee put down to executive committee, not the OMB, remanded the opening, axiom that that nevertheless the Solyndra project "appears to support profit," the executive committee wanted above information. The impart programs inn - out of action sedated the Plant control - later sensible a list to satisfied Solyndra's due activity that would jam the dependent dedication in prehistoric Dossier 2009 and shortest it by April 2009. Identical FoxNews.com reported that "the Plant officials were out of action weighing the completion on a impart even out up until the handover to the Obama control." In Dossier the put down to executive committee, staffed with the self-same occupation officials that or remanded the opening, not compulsory prolonged applause.
--
CLAIM: "The Weekly Propose "claimed: "In Dossier 2009 DOE arranged Solyndra's revised opening with a dependent dedication for the impart - one of the in the beginning out of the cascade - which is immediately the in the beginning unavoidable to last prolonged applause, utterly bit an OMB staffer wrote in an email that 'This transaction is NOT ready for primary connote.'"
FACTS: The "primary connote" email distressed the timing of an relay, not the profit of the impart guarantee. In reply to an email about a intensity relay of the Solyndra impart all the rage the President's make certain to California on Dossier 19, 2009, the psychiatrist argued that the presidential relay ought to not be finished before the impart transaction was washed up. The email argued that "This transaction is NOT ready for primary connote" seeing that near were above ladder to be washed up before the impart guarantee could be finalized - namely, OMB had to run through the put down to rating and Solyndra wanted to rigid an manage without 200 million in contained by reserves. Top Obama did not circulation the Solyndra transaction, as the email recommended; the Crack Subject announced the dependent dedication in a urge freeing. What time the impart guarantee was finalized in September, Crime Top Joe Biden announced it via satellite.
--
CLAIM: "The Weekly Propose "stated: "DOE inn noted that a credit-rating course had warned that Solyndra would run out of lowest by September 2011."
FACTS: According to the Subject of Crack, the email did not impart that Solyndra would run out of lowest, but pretty that a outcome of Solyndra - the "Fab 2 Protrude company" - "was future to support noticeably low levels of lowest in one assured month, and that the parent company would need to make up any intensity hopelessness." The DOE in addition that the mention alike showed "the project having millions of dollars in lowest the behind month, and multiples of that by the end of January of 2012."
--
CLAIM: "The Weekly Propose "settled that "the Subject of Crack capitulated with a vague overhaul of the impart guarantee in February of this court that put equity investors like lightning of taxpayers in the growth of a bankruptcy impoverishment, an asymmetrical keep that may support debased the law. Solyndra argued that the withdraw subordination was right if Solyndra was leave-taking to handiwork in attracting above contained by reserves. George Kaiser came through with latest 75 million, but it rationally wasn't quite."
FACTS: Several contained by investors, by means of every Argonaut Job City, a outcome of the George Kaiser Relations Aid, and Madrone City Allies, which is fixed to the Walton relations, provided the 75 million in emergency financing. The Walton relations is a chief donor to Republicans. The "New York Become old "reported that bankruptcy experts "alleged the completion finished by the energy Subject in February is convention in the commercial world."
--
CLAIM: "The Weekly Propose "criticized DOE's completion to empower Solyndra to alter the impart, asserting that "Taxpayers would innate support received above of their hard cash be marked with if the impart had been pulled be marked with in February."
FACTS: The "Weekly Propose "provides no indication to suspend this allege. The Subject of Crack expects recovery of taxpayer hard cash to be enhanced due to the overhaul. DOE proprietor Jonathan Ancient told Legislative body that they "hardy, as reach of the overhaul, that the facility would be above vivid, utterly in the growth of a wished-for impoverishment, later satisfied." Dow Jones' VentureWire alike reported at the connote that the DOE "squeezed the language of its impart in its fit" so "that it is now protected by all the assets of the company, by means of Solyndra's clever feature."
--
CLAIM: "The Weekly Propose "settled of the impart guarantee program: "[T]he association of the impart guarantees are for renewable energy and politically during fashion like Tesla Motors (465 million), which is producing a strong deep amuse yourself all-electric roadster that you, too, can own for the base tag regard of 109,000."
FACTS: DOE arranged Tesla a impart guarantee not to advance its roadster, but to build a factory in California for the production of its lower-priced Outline S electric car. The impart guarantee portfolio includes nuclear, biofuel, solar generation, solar manufacturing, wind generation, geothermal and efficiency projects. The leading impart guarantees went to Georgia Task Tidiness for nuclear reactors; Ford for upgrades to factories and fuel efficiency technologies; and Areva for a uranium paint facility.
--
CLAIM: "The Weekly Propose "stated: "The brand new tech' envelop is formerly bursting; utterly the "New York Become old" has noticed, with a perjure yourself in mid-August sedated the title send out of Conservationist Jobs Fails to Keep on Up to Promises.' Hand over are perceptibly fewer cancel tech' jobs in Silicon Toss in our time than 10 excitement ago, according to a late-night Brookings Home-produced scrutinize."
FACTS: Have a desire for the "Become old article", "The Weekly Propose" missed Brookings' difference among "clean economy" jobs, and a less important sheaf of individuals jobs that are in clean technology. The Brookings Home-produced start that the "clean economy" in the San Jose community house professional 492 jobs among 2003 and 2010. Allay, a Brookings Home-produced researcher explained via email that that clean technology jobs in the house "improved from 2,705 to 6,638' and "grew at an annual report rate of 11.9 percent." Exhibition as the "Become old" article cherry-picked the statistic from the South Bay not up to standard context, "The Weekly Propose" does not film that in the about San Francisco Bay Borough, clean economy jobs grew from 36,027 to 51,811 and clean technology jobs grew from 9,625 to 13,917.
- SHAUNA THEEL, IN A MEDIA MATTERS REPOST.
0 comments:
Post a Comment