allegations go to crony capitalism. can you prove that? i think the e-mails speak for themselves. when you look at them, bill, and you see what this report says but the big thing about this report, bill, is it shows solyndra is perfect example what the administration is doing with the economy. they come out with these policies that don t work. when they don t work, instead of changing course, they double down. they cover it up for, from the american people and they do this all for one reason, because they have to push this agenda and because it s important for them for political reasons. they don t worry about taxpayers of the country. bill: two other things, 1800 workers lot of their jobs when solyndra went belly-up. there were more at other companies there. but you believe congress can t do much about this. why not? well, first of all we ve got a limited time between now and election and lame-duck session. i think if we re going to get this changed, bill, this will be the america
president later this morning. right now we here from stuart varney, anchor, fox business network. how do you analyze this number for the month? the mostlyally important number of the day is the rise in the unemployment rate to 8.3%. three months to an election the president does not want to see the unemployment rate rise. we also had a rise in the so-called real unemployment rate from 14.9 to 15%. the other side of the coin is the number of new jobs created. that is another important number here. 163,000. if you look more deeply you will find the number of new jobs created in june was revised lower. so you ve got a rise in the rate. 163,000 new jobs but fewer new jobs in the month before that. a rather negative report of all. bill: that is paltry where we are now. you say the real unemployment rate? yeah. bill: explain that again,
solyndra is about to go under apparently and the reply, ug. had. in another e-mail exchange from 2009 the ceo of the company appeared to label president obama s administration as the bank of washington. now virginia congressman randy forbes, a republican, a member of the house judiciary committee looking for answer on this. sir, good morning to you back in your home state of virginia. good morning, bill. bill: put this together. what does it tell you? bill, first of all if this doesn t outrage every american taxpayer i don t know what report will do it. what this shows is that omb personnel and employees were worning the director, warning members of this administration that the policies that they were using for solyndra might be illegal but certainly were bad for the taxpayers of the united states. it wasn t just that they had made a bad deal initially. but when they found out about it, they doubled down, they restructured the deal to help private investors