Solyndra’s “You Didn’t Build That” Moment
White House Aide Aditya Kumar Predicted The Solyndra Story Would Prove That The Government Is What “Can Bring The Private Sector Along.” “Dan: Some background. This is a Recovery Act Grant. Details: Will be first DoE Loan Guarantee since 1980s (since the geothermal grants in the 80s, I believe). Total amount will be $535M (with a $107M govt subsidy). This is a solar panel manufacturing company in Fremont, CA. Story is two things: JOBS: Solyndra estimates this will create thousands of jobs (over 3,000K was on estimate I saw but not sure how dated that was); When Government Plays a Part, It can Bring the Private Sector Along: Solyndra has secured over large amounts in private capital which is a story in itself.” (Aditya Kumar, Director Of Special Projects In The Office Of Chief Of Staff Rahm Emanuel, E-mail To Danielle M. Crutchfield, Alyssa M. Mastromonaco, Elizabeth Jarvis-Shean, And Dan Pfeiffer, f. 230, 8/19/09)
