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Barry Obama's big pink flop Solyndra solar panel company gone under too


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Showing 1-22 of 22 posts in this discussion
Initial post: Jun 12, 2012 1:27:16 PM PDT
OldAmazonian says:
It's only money. It doesn't have to come from anywhere after all, does it?

http://sistertoldjah.com/archives/2012/06/03/the-solyndra-fiasco-summarized/

In reply to an earlier post on Jun 12, 2012 2:18:10 PM PDT
Last edited by the author on Jun 12, 2012 2:28:26 PM PDT
Ponger says:
More right wing propaganda. Look at the actual facts before voting this year, the BS from the right is overwhelming and won't solve our problems. Many companies have been tanking during the recession. For real facts consider the items and sources below.

"1.The Bush team tried to conditionally approve the Solyndra loan just before President Obama took office.
2.The company's backers included private investors who had diverse political interests.
3.The loan comprises just 1.3% of DOE's overall loan portfolio.

4. Last year the China Development Bank offered more than $30 billion in financing to Chinese solar manufacturers, about 20 times more than U.S.-backed loans to solar manufacturers,"

Read more: http://www.foxnews.com/politics/2011/09/15/despite-stimulus-funding-solyndra-and-4-other-companies-have-hit-rock-bottom/#ixzz1xcINGKxB

Winning will require substantial investments. Last year, for example, the China Development Bank offered more than $30 billion in financing to Chinese solar manufacturers, about 20 times more than U.S.-backed loans to solar manufacturers,"

Read more: http://www.foxnews.com/politics/2011/09/15/despite-stimulus-funding-solyndra-and-4-other-companies-have-hit-rock-bottom/#ixzz1xcHw55Zy

http://thinkprogress.org/climate/2011/09/13/317594/timeline-bush-administration-solyndra-loan-guarantee/

http://www.politifact.com/truth-o-meter/statements/2011/nov/17/david-plouffe/solyndra-loan-george-w-bush-david-plouffe/

In reply to an earlier post on Jun 12, 2012 2:28:52 PM PDT
Last edited by the author on Jun 12, 2012 2:29:38 PM PDT
"Ultimately, the Bush administration program didn't finalize a single loan guarantee."

http://www.politifact.com/truth-o-meter/statements/2011/nov/17/david-plouffe/solyndra-loan-george-w-bush-david-plouffe/

>> the loss of 100% of the millions lent to Solyndra rests solely with the oblamer administration, which unlike the Bush adminstration, APPROVED the laon guarantee.

In reply to an earlier post on Jun 12, 2012 2:30:55 PM PDT
MisterTee says:
Nobody cares. Blowhard.

In reply to an earlier post on Jun 12, 2012 2:32:38 PM PDT
miss t personifies liberal fascism.

In reply to an earlier post on Jun 12, 2012 2:34:30 PM PDT
MisterTee says:
The brownsirts are coming for you, BMac !

Hide under your bed - immediately !

I'll tell you when it's safe to come out. Honest. I really will. Really.

In reply to an earlier post on Jun 12, 2012 2:36:52 PM PDT
"The brownsirts are coming"

well, being one of them, i'm sure you would know

In reply to an earlier post on Jun 12, 2012 2:52:35 PM PDT
MisterTee says:
Hide !

In reply to an earlier post on Jun 12, 2012 2:58:16 PM PDT
"The brownsirts are coming"

well, being one of them, i'm sure you would know

In reply to an earlier post on Jun 12, 2012 2:58:56 PM PDT
MisterTee says:
"The brownsirts are coming"

well, being one of them, i'm sure you would know

Posted on Jun 12, 2012 3:01:05 PM PDT
Rev. Otter says:
http://twentytwowords.com/2011/08/03/how-to-play-stormtroopers-vs-redshirts/

this thread needed a laugh. :)

In reply to an earlier post on Jun 12, 2012 3:05:08 PM PDT
MisterTee says:
I'm mooning Brian as we speak.

In reply to an earlier post on Jun 12, 2012 3:14:54 PM PDT
OldAmazonian says:
The DOE learned in December 2010 that Solyndra could not make its loan payment, in violation of its federal loan deal. Solyndra executives had been privately warning administration officials that the firm was at risk of liquidation.

Yet in February 2011, the department restructured the loan, with some investors agreeing to provide Solyndra $75 million more in financing.

Part of the deal was that private investors, including family funds connected to Obama fundraising bundler George Kaiser, would be paid back before the government if Solyndra collapsed. The Kaiser-tied funds were already the largest investors in Solyndra.

In August 2011, the company filed for bankruptcy.

The fix was in.

http://www.washingtonpost.com/blogs/the-fix/post/solyndra--explained/2012/06/01/gJQAig2g6U_blog.html

In reply to an earlier post on Jun 12, 2012 3:17:31 PM PDT
MisterTee says:
Nobody cares.

In reply to an earlier post on Jun 12, 2012 3:23:10 PM PDT
OldAmazonian says:
The writer for WaPo cared enough to call his report "The Fix," and that says it all. Instead of straight dealing, we got backroom deals -- at taxpayers' expense -- to bankroll Obama donors' gambles.

In reply to an earlier post on Jun 12, 2012 3:25:40 PM PDT
Last edited by the author on Jun 12, 2012 3:25:52 PM PDT
MisterTee says:
That "report", and a large jar of Vaseline... are all you need.

Have fun.

In reply to an earlier post on Jun 12, 2012 3:36:44 PM PDT
OldAmazonian says:
The truth is incontrovertible; malice may attack it, ignorance may deride it, but in the end, there it is.

In reply to an earlier post on Jun 12, 2012 3:38:08 PM PDT
MisterTee says:
Remind me to make a note to add a memo to remind me to think about possibly caring.

In reply to an earlier post on Jun 12, 2012 3:40:57 PM PDT
OldAmazonian says:
MrT = merde between the ears

Posted on Jun 12, 2012 3:44:48 PM PDT
Georgedc says:
Do teabaggers know why solyndra failed? Do they know that many solar companies in America and Germany went bankrupt because of illegal Chinese government subsidized solar panels? Do they know that Obama stopped China from doing this in the solar, tire and other industries?

"Investment in solar energy surged to $147 billion in 2011, a year-on-year increase of 52 percent thanks to strong demand for rooftop photovoltaic installations in Germany, Italy, China and Britain.

Large-scale solar thermal installations in Spain and the United States also contributed to growth during a fiercely competitive year for the solar industry. Several large American and German manufacturers fell victim to price pressure from Chinese rivals that helped to halve the cost of photovoltaic modules in 2011.

The report's authors said the demise of companies such as Solyndra, Evergreen Solar, SpectraWatt, Solar Millenium and Solon was a sign that the solar industry is maturing.

"In 1903, the United States had over 500 car companies, most of which quickly fell by the wayside even as the automobile sector grew into an industrial juggernaut," the report said. "Today, the renewable energy sector is experiencing similar growing pains as the sector consolidates."

http://news.yahoo.com/257-billion-invested-renewable-energy-2011-145543107--finance.html

In reply to an earlier post on Jun 12, 2012 4:17:06 PM PDT
OldAmazonian says:
And that has exactly what to do with restructuring Solyndra's loans in a way designed to waste public dollars protecting Obama donors' gambles?

In reply to an earlier post on Jun 12, 2012 5:04:43 PM PDT
miss tee refuses to accept truths that don't jive with his big state fascism
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This discussion

Discussion in:  Politics forum
Participants:  6
Total posts:  22
Initial post:  Jun 12, 2012
Latest post:  Jun 12, 2012

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