bill: more charges that the obama administration has wasted more money on green projects. as you know the bankrupt solyndra company has cost the average worker $500 million. cbs news investigating reporter sharyl attkisson reports there are 11 other energy companies in trouble. 10 receiving big government subsidies from the obama administration. here to run it down for us fox business anchor john stossel. have you been talking to the energy department today, right? i bet they were thrilled to hear from you, huh? well, they just got back to me. so i haven t had a chance to check out what they say. but they say the cbs story is wrong. i mean, the cbs story is very juicy. i think there is a lot of truth in it. bill: let s just run it down. nevada, geothermal. all the same kind of stuff. gets $100 million in energy department loan guarantees. why not? harry reid says saudi arabia.
bill: more charges that the obama administration has wasted more money on green projects. as you know the bankrupt solyndra company has cost the average worker $500 million. cbs news investigating reporter sharyl attkisson reports there are 11 other energy companies in trouble. 10 receiving big government subsidies from the obama administration. here to run it down for us fox business anchor john stossel. have you been talking to the energy department today, right? i bet they were thrilled to hear from you, huh? well, they just got back to me. so i haven t had a chance to check out what they say. but they say the cbs story is wrong. i mean, the cbs story is very juicy. i think there is a lot of truth in it. bill: let s just run it down. nevada, geothermal. all the same kind of stuff. gets $100 million in energy department loan guarantees. why not? harry reid says saudi arabia.
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sponsored bankruptcy. guest: it will never, ever, make any sense when government sticks its nose into the free market and tries to pick winners and losers. the executives already got bonuses last year, $50,000 and $60,000, twice, and these are executives who are making $250,000 as a base salary. they are not underpaid. but, look, solyndra is the perfect example of what is wrong with the obama administration. they pick winners and losers with no understanding of economics a company that produce add poor product, that was overpriced, this was in way the company would make it but they did it for political reasons, because it would make the radical environmentalists happy and they will did it for political pay back for george kaiser, the billionaire, fundraiser for president obama. and they are keeping this going, keeping solyndra alive for what reason i do not know except that kaiser, obama s crony is going to get the biggest payout.
and it turns out now there are memos dated back from last july of 2010. bill: we know all of that. all right. so the point is, if he lied, and if there is perjury there, then that s end of his career. bill: it is perjury. may be the end of his career if obama miraculously gets a second term. he may have a different attorney general. bill: we won t convict the guy on television. two things, it isn t perjury because he didn t take an oath it is against the law as judge napolitano already has him in the penitentiary by the way. we are not going to do that here because we are fair. see how that plays out. big mistake for barack obama to come out yesterday and say he told the truth. the president doesn t know whether he told the truth to. say he did puts him in the richard nixon category and he better watch it go into solyndra. never the crime it s always the coverup. bill: solyndra, right now, the guy who was in charge of the money, he is out. another big, big embarrassment o