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Thread: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    Quote Originally Posted by MaggieD View Post
    I won't be honing them to discuss this thread with you. Come back when you want to discuss the OP. You've done nothing but criticize me and added absolutely nothing to the subject of this post. Go away.
    How many times does it take you to understand very simple statements?

    You seem to advocate the GOP going against wasteful government spending. You especially seem to advocate the GOP going against wasteful spending done during the Obama administration.

    My question is that if the GOP loves going against wasteful government spending, why don't they do so during the administrations in which they control the Presidency? And do you condone the GOP going against wasteful government spending when they control the Presidency.

    Now, if you are incapable or too scared to answer those very simple questions, okay then. I can accept that.

    But it's very relevant to the original post, as it is quite hypocritical of the GOP to go after wasteful government spending during a Democratic President but refuse to go after wasteful government spending during a Republican President, especially when the wasteful government spending they do gets soldiers killed.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    Quote Originally Posted by 1Perry View Post
    The governments involvement in mortgages went over well didn't it? Why are we subsidizing failure?
    Your right, how many people actually owned a home prior to the governments involvement? How many people got a college education? How many bank runs were there?

    Now, back on topic, we have some rather large utility companies that are investing in projects that DOE refused to insure due to these sensationalized failures. PG&E and other companies will be taking it to the bank in 3 years and the solar companies that made it possible probably won't make any news for a job well done.

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    Quote Originally Posted by Jetboogieman View Post
    Let me put it to you this way.

    There are many ways of doing things.

    It costs a fair bit to get a house and maintain one.

    If I have a wife and two kids.

    And Bill across the street has a wife and two kids.

    And Bill sneaks over one night and kills my wife and two kids.

    I go over there and kill Bill and for arguments sake we live in a world where an eye for an eye is acceptable. But I don't kill Bills wife and two kids cause I'm better then Bill.

    Why does it then make sense for me to occupy Bills house for 10 years, decorating it, paying for Bills wife and kids to eat whilst at the same time trying to renovate my own house...

    A long drawn out analogy I know. But the simple answer is you could have done all you listed without all that cost of lives, equipment and money and time.

    And while we;re on the subject Bin Laden was killed in Pakistan not Afghanistan.

    And I'm not a brat.

    Bad spending is bad spending. If you're worried about 39 million, well I'm afraid you're missing the ****ing point.
    What is it with you and Sam? Why are you derailing the thread?? Is this how the left silences criticism of its own? Ridiculous. If you don't want to discuss the OP, why are you here??
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    Quote Originally Posted by MaggieD View Post
    What is it with you and Sam? Why are you derailing the thread?? Is this how the left silences criticism of its own? Ridiculous. If you don't want to discuss the OP, why are you here??
    We are discussing the OP.

    The OP is obviously about how the GOP attacks wasteful government spending.

    And how it does so quite selectively.

    And how you're okay with that.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    Quote Originally Posted by samsmart View Post
    How many times does it take you to understand very simple statements?

    You seem to advocate the GOP going against wasteful government spending. You especially seem to advocate the GOP going against wasteful spending done during the Obama administration.
    I advocate CONGRESS going against wasteful government spending. What in my OP indicated otherwise? I'm sick to death of people blaming each side. We should be blaming both sides.

    My question is that if the GOP loves going against wasteful government spending, why don't they do so during the administrations in which they control the Presidency? And do you condone the GOP going against wasteful government spending when they control the Presidency.
    Both sides should be going after wasteful government spending. I never condone wasteful spending. It all oughta' stop...especially when the taxpayers are burdened like they are today.

    But it's very relevant to the original post, as it is quite hypocritical of the GOP to go after wasteful government spending during a Democratic President but refuse to go after wasteful government spending during a Republican President, especially when the wasteful government spending they do gets soldiers killed.
    Why are you talking about the GOP? Both sides are at fault. Or are you so partisan you don't see that?
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    Quote Originally Posted by MaggieD View Post
    I advocate CONGRESS going against wasteful government spending. What in my OP indicated otherwise? I'm sick to death of people blaming each side. We should be blaming both sides.
    Then just as you took the Democrats to task for this wasteful spending, you should have understood why I would take the GOP to task for their wasteful spending.



    Quote Originally Posted by MaggieD View Post
    Both sides should be going after wasteful government spending. I never condone wasteful spending. It all oughta' stop...especially when the taxpayers are burdened like they are today.
    I agree.

    Quote Originally Posted by MaggieD View Post
    Why are you talking about the GOP? Both sides are at fault. Or are you so partisan you don't see that?
    If you'll note, I mentioned this far earlier in this thread, and you dismissed it.

    The reason why I keep talking about the GOP is, as I've said in my first post, that I wish they would go after the wasteful spending that was done on construction contracts that got soldiers killed with the same enthusiasm that they went after this spending on energy research.

    If the GOP is going to prioritize attacking wasteful government spending, I think they should hold to account those who did so in a way that got soldiers killed first.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    [QUOTE=samsmart;1059921082]Then just as you took the Democrats to task for this wasteful spending, you should have understood why I would take the GOP to task for their wasteful spending.

    I reread the OP several times trying to figure out what I said that was so partisan. What was partisan was the article itself by quoting the Republicans. I guess that's what set you off. I never thought a thing about it because I think they're all crooks.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    Quote Originally Posted by samsmart View Post
    We are discussing the OP.

    The OP is obviously about how the GOP attacks wasteful government spending.

    And how it does so quite selectively.

    And how you're okay with that.
    Shouldn't everyone be concerned about wasteful government spending?

    And we have to deal in specifics with these blunders because generalities would serve no purpose.

    Now, back to the topic. Do you think Barrack Obama will be allowed a Day Pass to participate in the Presidential debates or will they have to hold them behind prison walls?

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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    Quote Originally Posted by What if...? View Post
    Has NOTHING to do with green energy, except as a balancing factor for intermittent sources like wind.

    Frequency regulation is a key component of oir electrical grid system. It has traditionally been performed by generators, which must be kept turning at all times at a fraction of their output. Flywheels are kinetic batteries, and require no fuel input to perform this function.

    Sometimes a new thing is just a good new thing and not some evil conspiracy to put you out of a job.

    And sometimes a business experiences difficulties due to the economy at large, not because it is actually unviable.

    Hatred af anything "green" just because its "green" is ridiculous.

    I happen to know a bit aboht flywheels as I had hoped they would be a viable vehicle energy source. Weight of containment and shock sensitivity at this point in time render them unsuitable for vehicles. But they work great for UPS and frequency regulation purposes.

    An estimated 2-4% of additional generation could be obtained without building new plants by freeing turbines from their role in FR and replacing them with flywheels. Allowing the turbines to operate at full power for generation.

    As a vehicle power source they are being used in the most intense manner possible. F1 has KERS for many of its cars, and a more intense development programs I doubt exists. A few automakers are looking into it including Volvo.

    Given the weight of it, and probably lower cost it does have a possible future
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    Re: Another Energy Company Goes Bankrupt, $39 Million Borrowed From Taxpayers

    These sorts of energy companies are a high risk, high reward proposition. No one realistically thinks that ALL of these companies are going to succeed. It isn't a scandal if one or two of them fail.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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