Solyndra caught destroying millions of dollars in new parts. According to the new correct truth it is wrong to attack Obama over the half a billion dollars he stole for his cronies at Solyndra. It is wrong because Solyndra is nowhere near as despicable as Bain Capital. We will have to disagree with Dear Leader’s logic here. In our estimation low cost office supplies are always preferable to high priced trash. And we’re not just talking about the variety taking up residence at 1600 Pennsylvania Avenue.
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Just like or money.!
Solar is the most expensive source energy, but the SAD part is; Solyndra had the best engineered system available.
Fossile Fuels are the most expensive source of energy. Wind and solar energy are the best route for renewable energy. ChaCha!
Answered - 9 days ago at 6:08pm on Jan 11 2012
I"m not arguing. I"m wanting to know about this stuff and i need facts.
any education you could impart would be appreciated Hutch.
The local news here in Sacramento just showed the story, I bet Obungles is gonna take credit for jobs created by these guys destroying brand new equipment. In a non-liberal world they would sell the stuff to recover some of our tax money, but with Obungles, what the hell? just throw it away it's only money.
It's called destroying the evidence.
I betcha Paul Krugman would say destroying assets creates jobs and prosperity!
You are absolutely correct. Bastiat predicted the position with his parable of the broken glass.
Of course, by that rationale, we should raze our cities to not only create full employment but to grow the whole economy. What a simple and elegant solution.
Ha, don't give them any ideas. One of my favorite lines from the 2nd keynes v. hayek rap (in reference to the notion that WWII spending ended the depression):
Creating employment is a straight forward craft
when the nation’s at war and there’s a draft.
If every worker were staffed in the army and fleet
we’d have full employment and nothing to eat.
Like Friedman posited, full employment is easy but is that the real objective?
Sure, just like pooping in the streets creates jobs for street cleaners! Keen, er Keynes!