Ex-Energy Secretary Chu: Our green-energy loans were “more successful than Wall Street.” Well, crony capitalism does produce really good returns for the cronies.
This post was last modified on April 12, 2021
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That doesn't say much for Wall Street OR the green energy companies, now does it?
If these programs were successful, I'd hate like hell to see what they would consider failures.
They were successful at stealing our money and using it to support Obama.
So you agree that Corporate Greed stole our gold, huh?
I liked it better when you were smoking crack yesterday, please try to smoke some more..At least it was funny unlike this drivel.
Did I miss something? Did crawley make a funny or say something that made sense?
On another thread, someone appears to have hijacked his id and typed in something OTHER than the usual bullshit...
Isn't there an old saying about, "compare yourself to the best, not the worst."
Well, it is a success compared to Bernie Madof or Enron or Provident Royalties and all the other Wall Street shams. Not saying much though is it?
Or Social Security.
I guess you're right. The CEO's of all the bankrupt green companies are not in prison for stealing our money, unlike those who only robbed private citizens.
If all the bankrupt green companies are more successful than Wall Street why haven't they paid back all the money they stole from us? Oh yeah, I forgot. They went out of business!
The only reason Shoe thinks loans to companies like Solyndra was better than Wall Street bailouts is because the CEO's had lots of money to give to the Obummers re-election campaign after they let all the employees go and locked the doors.
Dumber than a box of dirt....
So his reasoning is like this: Congress appropriated enough money to handle $10 billion in losses and so far they don't have $10 billion in losses SO THEREFORE QED THIS PROGRAM WAS A SUCCESS.
Liberal logic.
And next time, having learned the lesson, they will appropriate $100 billion in losses and therefore the program will be ten times more successful.
Liberal Logic: I've cut this board twic...thre...ten times and it is still too short.
Ah- Chu... (gesundheit) does he realize that what he sneezes out doesn't automatically become gospel?
In a word ... no.
Mr. Chu, I don't think you understand what the word successful means.
Nor does he understand what “Wall Street” means, or the first thing about what it does.
Of course, we could take the cynical viewpoint and not make assumptions that “successful” in his lexicon has the same definition as ours. Maybe in his world, the loans WERE in fact a success. It all depends on what their goals really were.