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Thread: Solar company bankrupt despite 'win-win' DOE loan

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by EagleAye View Post
    I can find many references to it from many sources. It's not a loophole or even part of the tax code. It's simply handing money to the oil industry...just because. Obama has been pressuring Congress to remove the subsidy, and they continue to refuse. There's no good reason to maintain it. And if there's interest in finding backroom deals, that's the place to go looking for it.



    I don't like the idea of anyone selecting what car I should buy. You bristle at the thought of a president with no auto-industry experience picking cars for all of us. Why would you be comfortable with meter maids, garbage men, and office clerks making the same decision? They don't have the right to pick what car I buy either and vice versa. People also complain that by offering government assistance to Renewables, the government is selecting the winner. Well, the subsidy (listed above) and multi-Billion dollar tax breaks is proof that government has been selecting the oil industry as the winner for decades. How is this different from offering tax breaks to consumers buying EVs? At least in this case, consumers are only offered an "encouragement," rather than only a single choice of only ICE cars which amounts to a directive.
    I don't know enough about this to comment on it but I will say Obama is only bringing all of this up because polls show people blame him for high gas prices and he is attempting to shift the blame and get people angry at oil companies instead of him. I also know removing any tax breaks or subsidies oil companies get will not make gas go down.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by Dittohead not! View Post
    Absolutely, and you'll have fewer wrinkles and more hair.
    That explains a lot. So many Hollywood stars speak out against the government, get birthdays taken away, stay young-looking to a ridiculous age. It all becomes clear.
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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by sawyerloggingon View Post
    I don't know enough about this to comment on it but I will say Obama is only bringing all of this up because polls show people blame him for high gas prices and he is attempting to shift the blame and get people angry at oil companies instead of him. I also know removing any tax breaks or subsidies oil companies get will not make gas go down.
    People have accused him of croneyism for supporting Renewables. So his response is to point out how much croneyism exists for the oil industry, that the same people (who call support for renewables croneyism) never objected to when it comes to the oil industry. So if supporting renewables is croneyism, then oil has been getting much more croneyism for FAR longer, or supporting energy industries isn't croneyism at all. People gotta pick one. Not switch the definition mid-stream.

    And I'm glad you agree removing tax breaks won't make gas prices go down. This is true. By the same token, removing the taxbreaks won't make gs prices go up. So why are we sacrificing Billions to this industry if removing the tax break won't change anything? Those Billions could help work on the deficit or replace our crumbling infrastructure. Why don't we?
    Last edited by EagleAye; 04-08-12 at 04:41 PM.
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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by poweRob View Post
    Money = power

    And yes, power corrupts.
    I am running an experiment to see if this can be empirically proven. So send me all your money now, and set your paychecks to deposit in my bank. Get all your friends to do the same, this is gonna take a lot of money to prove.
    "nah i think the way cons want to turn this into a political issue is funny though" - Philly Boss

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by Matt Foley View Post
    someone around here painted PVC pipes black to heat pool and they melted in the Arizona sun, not naming names but he knows who he is.

    I keep telling him it's a matter of square footage, if y ou wanna heat the pool just throw some black floaties into the pool.
    Yes, that might do the trick too. It was done here in Costa Rica with good results and twice in Canada. Perhaps it was the paint as well.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by EagleAye View Post
    People have accused him of croneyism for supporting Renewables. So his response is to point out how much croneyism exists for the oil industry, that the same people (who call support for renewables croneyism) never objected to when it comes to the oil industry. So if supporting renewables is croneyism, then oil has been getting much more croneyism for FAR longer, or supporting energy industries isn't croneyism at all. People gotta pick one. Not switch the definition mid-stream.

    And I'm glad you agree removing tax breaks won't make gas prices go down. This is true. By the same token, removing the taxbreaks won't make gs prices go up. So why are we sacrificing Billions to this industry if removing the tax break won't change anything? Those Billions could help work on the deficit or replace our crumbling infrastructure. Why don't we?
    I am not entirely sure increasing the cost of getting oil won't show up at the pump but I am sure if our government gets a few billion more in tax receipts they will just find new creative ways to squander it. We need to talk about spending less not spending more.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    [QUOTE]
    Quote Originally Posted by EagleAye View Post
    People have accused him of croneyism for supporting Renewables.
    Really? Name one.

    So his response is to point out how much croneyism exists for the oil industry,
    Of course it does. They even have names for these organizations. They gather together, and even hold conventions, in how to further their product. And it takes Barrack Obama to point this out??

    The cronyism here is that the president of the United States is giving money to his political friends and driving the economy into the ground. Forget this "renewable" craziness. That's for the dupes who will support this crook no matter what he says or does.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by Grant View Post
    Quote Originally Posted by EagleAye View Post
    People have accused him of croneyism for supporting Renewables. So his response is to point out how much croneyism exists for the oil industry...
    Really? Name one.
    Grant
    Rep. Cliff Stearns
    The Republican in charge of the Solyndra probe, Oversight and Investigations subcommittee chairman Rep. Cliff Stearns, told Newsmax Thursday that Solyndra’s “enormous amount of expenditures would mean there’s apt to be fraud
    http://www.newsmax.com/Headline/obam...9/16/id/411300
    Karl Rove
    Karl Rove charged that, “The leadership of the auto companies feel they need to do something to repay their political patronage.
    http://www.hollywoodreporter.com/new...mercial-287778

    Time spent 5 mins. That was incredibly easy. You didn't think it would be hard to find conservatives/republicans of accusing Obama of doing something wrong did you?

    Quote Originally Posted by Grant View Post
    Of course it does. They even have names for these organizations. They gather together, and even hold conventions, in how to further their product. And it takes Barrack Obama to point this out??

    The cronyism here is that the president of the United States is giving money to his political friends and driving the economy into the ground. Forget this "renewable" craziness. That's for the dupes who will support this crook no matter what he says or does.
    So when George W. Bush insisted we develop renewables, was it cronyism then too? Was Bush a crook too?

    WASHINGTON, March 5 (Xinhua) — U.S. President George W. Bush said on Wednesday that the United States must strongly push forward the development of renewable energy sources in order to reduce its dependence on foreign oil.

    “America has got to change its habits. We’ve got to get off oil,” said Bush when he addressed the Washington International Renewable Energy Conference (WIREC).

    “Dependency on oil presents a real challenge to our economy,” said Bush. It also presents a challenge to the national security of the United States. In 1985, 20 percent of America’s oil came from abroad. “Today that number is nearly 60 percent.”

    Moreover, dependency on fossil fuels like oil presents a challenge to the environment. “When we burn fossil fuels we release greenhouse gases. The concentration of greenhouse gases has increased substantially,” he added.

    Bush said that the United States recognized all three of these challenges, and are doing something about it. The Bush administration has set a great goal to reduce its dependence on oil by investing in technologies that will produce abundant supplies of clean and renewable energy.

    Over the next 10 years, the United States will reduce gasoline consumption by 20 percent, according to the target. In the meantime, it will continue to turn to renewable fuels to power cars, homes and business in this country.
    Seems to me that Obama is just furthering the goals set by Bush. When Republicans AND Democrats can agree on the same goal (an astonishing occurrence) it's definitely worth looking into.
    Last edited by EagleAye; 04-09-12 at 01:51 PM.
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    Re: Solar company bankrupt despite 'win-win' DOE loan

    [QUOTE]
    Quote Originally Posted by EagleAye View Post
    Grant
    Rep. Cliff Stearns

    Obama
    Karl Rove

    Clint Eastwood's Chrysler Super Bowl Ad: The Untold Obama Connection - The Hollywood Reporter

    Time spent 5 mins. That was incredibly easy. You didn't think it would be hard to find conservatives/republicans of accusing Obama of doing something wrong did you?
    It seems clear you're not even reading what you are posting. You made the claim that People have accused him of cronyism for supporting Renewables" and then failed to support that claim. He was accused of fraud, cronyism, etc, and rightly so, but not for supporting renewable energy. Everyone is for that.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by Grant View Post

    It seems clear you're not even reading what you are posting. You made the claim that People have accused him of cronyism for supporting Renewables" and then failed to support that claim. He was accused of fraud, cronyism, etc, and rightly so, but not for supporting renewable energy. Everyone is for that.
    Right. So "Everyone is for that[Renewables]" so long as it isn't Obama? Bring up Renewables and many people especially in the GOP will bring up cronyism. Thus these people are accusing Obama of cronyism for his support of Renewables. Split hairs enough times and you can get the disconnect you're seeking between the two. Look at the events as a whole and there is a clear connection.

    Updating our energy security is NOT a political strategy for me as it is for so many people. It is a national security imperative. I will support Renewables whether the president is Republican or Democrat. It makes no difference to me. Supporting the country while foreign and hostile nations control our bloodflow of energy is what matters. So anyone attacking renewables (which eliminate foreign and hostile nations control our bloodflow) is attacking our country in my book. If you want to call Obama a crook, go ahead, I don't care. But if you insist on attacking him through his policies supporting Renewables to increase our energy independence, then you insist on attacking our nation. I will support ANY president who wants to stop supporting Persian Gulf nations and Hugo Chavez by ceasing to buy their oil. You, on the other hand, can call development of Renewables fraud, cronyism or whatever, but in so doing you are diminishing important American technological developments and supporting enemies of the USA.
    Last edited by EagleAye; 04-10-12 at 12:54 PM.
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