The Solyndra Stimulus

Weigel
Reporting on Politics and Policy.
Jan. 13 2012 5:37 PM

The Solyndra Stimulus

Jake Tapper scoops that Americans for Prosperity will buy $6 million of TV and online social media space to run this ad:

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Tapper provides a ton of context, including the factual basis of the ad (mostly true!) and the timing that nudges away the Bain Capital attack from Newt's Super PAC. And I'd forgotten this: "Last Fall the group launched a $2.4 million ad campaign against President Obama also focusing on the Solyndra controversy."

That's $8.4 million in Solyndra TV ads! The whole Solyndra scandal centers on a $535 million guarantee ("more than half a billion," intones our narrator). AFP will end up spending 1.4 percent as much money on Solyndra ads as the government guaranteed to buck up Solyndra. All of the AFP money is going into the coffers of media organizations. Good work, Stephen Chu!

David Weigel is a reporter for Bloomberg Politics

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