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true......but the banks made the loans.
Amazing, isn't it, Obama touting "Green Energy" and even promoted this company. No wonder his job approval ratings are dropping
Mass. solar energy company Evergreen Solar files for bankruptcy | masslive.com
true......but the banks made the loans.
Sure, one company going out of business proves that the policy was no good. :lol:
There have been more than one company going out of business, pay attention and stop being brainwashed by the Obama and liberal rhetoric
There have been more than one company going out of business, pay attention and stop being brainwashed by the Obama and liberal rhetoric
Well do you want China to take over the market? They are doing a pretty good of it so far.
Companies go out of business all the time for many reasons. Some green energy companies are doing well (e.g. First Solar, with an $8.6 billion market cap, 23% operating margin, 15% ROE), and others are not doing so well. Quit being a dittohead, blinded by partison rhetoric, and look at the whole problem for once in your life.
What does that have to do with "green energy" companies and other companies that Obama has visited and touted going out of business? Think of the taxpayer money that went to those companies but what the hell, you don't look at it as your money so no big deal. Those companies made you feel good when the money was given to them and after all it is about feelings not substance.
Companies go out of business all the time for many reasons. Some green energy companies are doing well (e.g. First Solar, with an $8.6 billion market cap, 23% operating margin, 15% ROE), and others are not doing so well. Quit being a dittohead, blinded by partison rhetoric, and look at the whole problem for once in your life.
Then Obama ought to go to those companies touting their success instead of going to companies that then go out of business. Name for me a prediction that Obama has made that has been accurate?
Another Obama success story?
Solyndra, California Solar Company Touted As Model Of Green Economy, Will File For Chapter 11
Name me one that's been inaccurate.
Looks like another Bush success story, too. But I'm sure you missed that part. :roll:
"This loan guarantee was pursued by both the Bush and Obama Administrations. Private sector investors – who put more than $1 billion of their own money on the line – also saw great potential in the company."
"According to the Department of Energy, the government’s loss on Solyndra represents less than 2 percent of the total dollar value of the loan guarantees it has committed to date."
Jobs for recovery summer, unemployment rate, deficit reduction, GDP growth. Want me to go on? Doubt that it will matter as you seem brainwashed by the smile and the rhetoric.
Obama visited the place and touted the success. Will you ever stop defending the indefensible?
I want you to show me where he actually made any of the predictions you claim he made.
opcorn2:
The loan guarantee was also pursued by Bush. When will you ever get over your Obama Derangement Syndrome?
He is responsible for his Administration and those claims were made by his Administration including Vice President Biden. You symbolize the problem facing this country today, continued support for failure. Obviously you have never run anything thus don't understand responsibility.
How much money will the taxpayers get back from a bankrupt company? You do know that loan guarantees have to be paid back, right?
Hey, I ain't from Missouri, but I did say SHOW ME.
I don't know. Ask your pal shrub. :shrug:
When you invest in new technology you expect some winners and some losers. Maybe that's not how it works in LaLaLand, but that's how the real world works.
Recovery summer- 44 - Biden predicts economy will create up to 500,000 jobs a month soon
Well, that's Biden -- not Obama. As he admitted in the article, he often speaks without WH approval. But I'll give you one thumb up for trying....
Deficit Reduction-http://www.politifact.com/truth-o-meter/statements/2009/mar/25/barack-obama/obama-promises-cut-deficit-half-four-years/
Good one! Politifact rates the prediction MOSTLY TRUE!
GDP growth- Who's Obama Kidding? - Forbes.com
EPIC FAIL! There is no prediction by Obama or even Biden in that link.
Recovery summer- 44 - Biden predicts economy will create up to 500,000 jobs a month soon
Well, that's Biden -- not Obama. As he admitted in the article, he often speaks without WH approval. But I'll give you one thumb up for trying....
Good one! Politifact rates the prediction MOSTLY TRUE!
EPIC FAIL! There is no prediction by Obama or even Biden in that link.
Good Lord,Man, you really are brainwashed and have no idea about leadership and personal responsibility. No wonder you support Obama. Please learn to do research before spouting rhetoric. Biden does speak for the Administration and Obama, you obviously didn't read politifac because what was true is that OBama made that prediction, not that it is coming true. As for the GDP it is all about predictions of growth and how GDP will grow faster when the reality is GDP has declined. You really aren't doing much for your credibility as was expected.
Here’s a look back at that rosy scenario we were promised.
The Wall Street Journal reported this in February 2009:
The famed Rosy Scenario, coined in the early days of the Reagan White House when large tax cuts and higher defense spending were assumed to be paid for in part by strong economic growth, is a cornerstone of the Obama administration’s first multiyear budget.
After contracting at a 1.2% rate in 2009, a more modest drop than the Congressional Budget Office and Blue Chip Consensus forecasts assume, the White House sees growth domestic product growth snapping back by 3.2% next year and then 4% or higher the three years after that.
The last time the economy preformed that well was the New Economy heyday of the late 1990s.
The 2010-2013 forecasts are slightly more optimistic than CBO but much rosier — in some cases by well over one percentage point — than what the Blue Chip Consensus calls for. A separate private-sector gauge, the Survey of Professional Forecasts, also projects a much weaker economy this year and next.
As a result, the unemployment rate at the end of President Barack Obama‘s term in 2013 will be just 5.2%, according to the White House. The rate currently sits at 7.6%, and many economists expect it to climb past 9% before the recession ends.
Good Lord,Man, you really are brainwashed and have no idea about leadership and personal responsibility. No wonder you support Obama. Please learn to do research before spouting rhetoric. Biden does speak for the Administration and Obama, you obviously didn't read politifac because what was true is that OBama made that prediction, not that it is coming true. As for the GDP it is all about predictions of growth and how GDP will grow faster when the reality is GDP has declined. You really aren't doing much for your credibility as was expected.
Holy crap, could you be more dishonest?! Politifact examined whether Obama's claim was true -- not whether me MADE the claim, which is pretty ****in obvious as he made it at a press conference! :2rofll: