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Thread: Solyndra shuts its doors

  1. #61
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    Re: Solyndra shuts its doors

    Quote Originally Posted by LesGovt View Post
    It may be worth investment, but that investment should be private funding and not taxpayer funding.
    It was. The government at the time provided no actual money as I understand the loan guarantee. Essentially it offered much of the same deal as it offers to banks financing nuclear plants.
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    Re: Solyndra shuts its doors

    Quote Originally Posted by obvious Child View Post
    It was. The government at the time provided no actual money as I understand the loan guarantee. Essentially it offered much of the same deal as it offers to banks financing nuclear plants.
    It may be only a loan guarantee - but now it has come due with the failure of the company. That is what a guarantee means.
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  3. #63
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    Re: Solyndra shuts its doors

    Quote Originally Posted by obvious Child View Post
    It was. The government at the time provided no actual money as I understand the loan guarantee. Essentially it offered much of the same deal as it offers to banks financing nuclear plants.
    This is true; however, guaranteeing a bad loan could leave American taxpayers on the hook for much if not all of the $535 million.

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    Re: Solyndra shuts its doors

    The Obama administration urged officers of the struggling solar company Solyndra to postpone announcing planned layoffs until after the November 2010 midterm elections, newly released e-mails show.

    Solyndra: Energy Dept. pushed firm to keep layoffs quiet until after midterms - The Washington Post

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    Re: Solyndra shuts its doors

    Quote Originally Posted by 1Perry View Post
    The Obama administration urged officers of the struggling solar company Solyndra to postpone announcing planned layoffs until after the November 2010 midterm elections, newly released e-mails show.

    Solyndra: Energy Dept. pushed firm to keep layoffs quiet until after midterms - The Washington Post
    Crony capitalism doesn't seem to matter to liberals when the cronies are in industries supported by the left.

  6. #66
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    Re: Solyndra shuts its doors

    Quote Originally Posted by 1Perry View Post
    The Obama administration urged officers of the struggling solar company Solyndra to postpone announcing planned layoffs until after the November 2010 midterm elections, newly released e-mails show.

    Solyndra: Energy Dept. pushed firm to keep layoffs quiet until after midterms - The Washington Post
    Did you know Solyndra was picked by the Bush administration and worked two years working to get the loans for them. It was Bush and the Republicans who created the loan system for risky energy alternatives. Also the Walton family (of Walmart) was involved with Solyndra.

    Ultimately it was the China government who killed Solyndra when they flooded the market with low priced alternatives.


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    Re: Solyndra shuts its doors

    Quote Originally Posted by pbrauer View Post
    Did you know Solyndra was picked by the Bush administration and worked two years working to get the loans for them. It was Bush and the Republicans who created the loan system for risky energy alternatives. Also the Walton family (of Walmart) was involved with Solyndra.

    Ultimately it was the China government who killed Solyndra when they flooded the market with low priced alternatives.
    Yes, and do you realize that Bush didn't authorize the loan nor did Bush make the loan?

  8. #68
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    Re: Solyndra shuts its doors

    Quote Originally Posted by Conservative View Post
    Yes, and do you realize that Bush didn't authorize the loan nor did Bush make the loan?
    It was the same career DoE officials that made the decision. $535 is big potatoes for you and me, but in terms of Washington, DC it's chump change. KBR- Haliburton has defrauded our government much more and that really IS crony capitalism. They also responsible for the electrocusion (in the showers) of some of our military in Iraq.


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    Re: Solyndra shuts its doors

    Quote Originally Posted by pbrauer View Post
    It was the same career DoE officials that made the decision. $535 is big potatoes for you and me, but in terms of Washington, DC it's chump change. KBR- Haliburton has defrauded our government much more and that really IS crony capitalism. They also responsible for the electrocusion (in the showers) of some of our military in Iraq.
    Chump change? Half a billion dollars? Just goes to show that money doesn't matter to you since you don't understand where it comes from. Unbelievable that you cannot take responsibilty for any liberal screw up. Obama loves having people like you support him. The double standard is staggering.

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    Re: Solyndra shuts its doors

    Quote Originally Posted by Conservative View Post
    Chump change? Half a billion dollars? Just goes to show that money doesn't matter to you since you don't understand where it comes from. Unbelievable that you cannot take responsibilty for any liberal screw up. Obama loves having people like you support him. The double standard is staggering.
    You bet, it's small potatoes, here is a comparison:



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