2009. did you get an answer to why the loan was restructured and investors would be paid back before the taxpayer? well, i think even the democrats, congressman green from texas, indicated he didn t think it was legal. so i think we have some bipartisan agreement that the secretary chu did an illegal act but subordinating taxpayers to the two hedge funds. bill: you call that illegal? i think it is illegal. bill: against the law? i think when you broke the energy policy act 2005 by
it if it is done again there is it some severe penalties, right now there is no punishment other than you can t do it. bill: to be clear, if congress allows it, that is not illegal then? that goes back on your charge? well, no, if tre is no severe punishment or no stipulation in the law of what happens, and you still do something that is against the actual intent, that is something that is illegal. i think anybody that looks at that one sentence will realize, that he broke the law. bill: i know you ve been very strong against energy secretary chu. you called him clueless. now you re asking him to resign. or have the president fire him. cliff stearns, we ll see in time whether or not you get what you want. thank you for your time today. all right, bill. bill: 20 minutes past the ur. heather. heather: here is an interesting story. a shocking new twist to one of hollywood s most enduring mysteries. 30 years after actress
republican on that committee investigating the solyndra scandal. cliff stearns saying energy secretary steven chu should go. i just think he has failed the test and in my personal opinion i agree with dan carroll s e-mail at this point he should probably be replaced by the president. dan carol is the former obama campaign adviser suggested chu be replaced back in february. former, or cliff stearns is the florida republican who is a member of the energy and commerce committee. sir, welcome back here to america s newsroom. . strong words coming out of hearing yesterday. why fire chu? bill, if anybody listened to the hearing you realize has solyndra fell into bankruptcy, secretary chu failed to sound the alarm. basically most of the questions we asked him he was unaware or would look into it. and when you look at what happened with the subordination where he actually went to an outside law firm here in washington to get an opinion and that law firm initially told him it was not legal f