Solyndra art uproar

This is a rush transcript from "The Five," August 21, 2012. This copy may not be in its final form and may be updated.

GREG GUTFELD, CO-HOST: So, finally, someone found a use for Solyndra. Taking 1,400 glass tubes recovered from that boondoggle and fashion it to an art exhibit at the Berkeley botanical gardens. Lovely.

As you know, Solyndra went bankrupt laying off all its workers with half billion dollars with taxpayer dough, dissipating in the cloud of dust.

So, now, our loss is someone's hip pretentious art, which makes sense. Most modern art and alternative energy is a lot alike. That's up to the believer to find value in it, because for the rest of us, there is none. But function as a platform for phony intellectualism, and the only energy generated comes from goofy bureaucrats drunk on their cash, driven by need for acceptance by the cool green crowd.

Meanwhile, when it comes to real stuff that works like nuclear power and fracking, greenish would rather create panic than actual energy. Well, you know what? We pay for that art. So we should all get a piece.

We could take a sledgehammer to it and call it performance art and charge admittance. I'm kidding, of course. That would be wrong.

But this exhibit is kind of boring, I decided to sketch an alternative. I added a unicorn for obvious reasons.

Now, if you contact me and give me the name of a relative who needs some cheering up. I will mail it to him or her myself, that way Solyndra will have done some good even if it's unintentional.

ERIC BOLLING, CO-HOST: That is not a unicorn.

GUTFELD: That is a unicorn.

BOLLING: Unicorn head but a man body.

KIMBERLY GUILFOYLE, CO-HOST: It's kind of strange.

GUTFELD: That's the dream unicorn. That's actually me when I dream. I have a unicorn head and my normal ripped body.

GUILFOYLE: Did you draw that?

GUTFELD: Yes, I did draw that. That was some skepticism.

Let's stick to the topic, shall we? And, by the way, what do you have against unicorns?

BOLLING: Nothing. But it was a half unicorn, half man. You could point that out.

GUILFOYLE: What's that called again?

BOLLING: Yes, Hercules.

GUTFELD: Bob, you must be happy. Solyndra has finally been put to some use.

BOB BECKEL, CO-HOST: Yes, I'm really happy you're talking about it again for the 443rd time on the show.

GUTFELD: It's been two months.

BECKEL: If ever we need a fill, we can always go to Solyndra, OK? I think it's beautiful art myself. I'm glad it's put to good use. And I wanted to repeat, no administration doesn't have a busted deal. So, there you go.

DANA PERINO, CO-HOST: I remember when the e-mails came out and the White House found out that the company was going bankrupt and the company wrote back "ugh." I would have been like honestly, can we get it behind us.

I do believe Solyndra has some use, though. It exposed this corporate cronyism from the federal government that does happen under administrations of Republican and Democrats alike. And I think that it's really time for a generational shift and change, getting back to letting the market decide. I think there was some use.

GUTFELD: It is beautiful, though.

BOLLING: Aside from the corporate cronyism, you talk about people friends of Obama, got a lot of department of energy loans. Don't forget what Steven Chu said when asked what grade do you give yourself for all these energy loans and how they're doing? He gave himself an A-minus. For 500 million bucks -- right. He may like the art exhibit.

(CROSSTALK)

PERINO: A lot of money for an art exhibit.

GUTFELD: This is an important part. Isn't this our art? Don't we own that? Some paid for that to be installed.

GUILFOYLE: You didn't build it.

(LAUGHTER)

GUTFELD: We pay for it. I hear you, we have value and right and proprietary interest and I want our money back. How much should be divided by all the U.S. taxpayers.

BECKEL: You know, it's amazing to me you can sit next to Dana and hear an intelligent statement and you immediately go back to bash Obama. Do you make this point corporate greed goes back to every Republican --

BOLLING: Are you talking to me?

BECKEL: Yes, I'm talking to you.

BOLLING: I simply said Steven Chu gave himself an A-minus out of handling energy --

BECKEL: You said "corporate cronyism aside." Don't say aside. It's much more important than Steven Chu whatever his name is --

BOLLING: I don't have anything on corporate cronyism. I agree it's terrible.

PERINO: But Solyndra in particular --

BECKEL: It crosses party lines, right?

PERINO: Bob, though, let me get a little partisan for a second. Solyndra was rejected by the political appointees in the Bush administration. A lot of pressure from Nancy Pelosi, speaker at the time, to get it done because it's in her district. She wanted that in the bill.

It was part of the bill to get it done originally. Nobody wanted to do it. This deal wasn't good enough. And so, they said no. Within 45 days, Secretary Chu, as soon as he got in there, they gave the deal. You know, several years later, $500 million down the tubes.

BOLLING: Can we not forget one of the gentlemen on the loan was a bundler for Obama and his wife was the attorney who actually signed the papers?

BECKEL: You know, there's one thing we're never going to know, though, what happens if Romney is elected president, we don't know who his bundlers are because he hides them. Like he does his money offshore.

PERINO: How can you take an intelligent comment like Eric and turn it back to Romney's bundlers?

BECKEL: Be quite.

BOLLING: Ooh!

BECKEL: Tell me Romney's bundlers are or where they live maybe? The cities they're in?

BOLLING: No, no, we know Obama's bundler are because they have high-paying job.

BECKEL: They're in similar cities.

GUTFELD: Now we know how to keep the Keystone pipeline. We should declare performance art exhibit for Keystone pipeline.

PERINO: It's the largest art exhibit ever.

GUTFELD: Exactly and it happens to transport oil.

BOLLING: Spanning eight states.

GUTFELD: Exactly.

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