The Next ‘Next Solyndra’. Yes, the hits just keep on coming. This is what happens when the government thinks it can pick winners instead of letting the market decide. Another $249 million down the tubes. Shocking!
This post was last modified on January 26, 2021
View Comments (13)
Oh hell, $249 million? That's a drop in the bucket!!
Solar company with $1.2 billion taxpayer loan guarantee, political connections exhibits signs of financial trouble
http://news.yahoo.com/solar-company-1-2-billion-taxpayer-loan-guarantee-194405423.html
http://www.foxnews.com/politics/2011/10/12/solar-firm-that-received-12-billion-federal-loan-plagued-by-financial-problems-702546811/
http://www.weeklystandard.com/blogs/another-solar-company-12-billion-taxpayer-loan-trouble_595781.html
To paraphrase Axelrod, "I remember when 1.2 billion was a lot of money!"
And every liveral I talk to says "why, when did any of that happen? I never heard of any cheating! @@" Then when you show them the link, its a farce, its "Fauz" news, its an outright lie. I remember when there were SOME smart people in the electorate!
"I remember when there were SOME smart people in the electorate!"
I must be getting old...my memory is not that good.
Oh come on! I'm not THAT old ! LOL!
I'll say it once again...
"Idiocracy" was prophecy, not comedy. And when Barry and the Wookie get re-elected it will be proof that stupid is the new jeenyus!
Guns n ammo, it's not just for paranoid maniacs anymore.
HEY, HEY, HEY...You are ALL just being way to harsh and impatient.
Just a few hundred billion more and the commie hacks will have the wrinkles out of those electric car thingies. And with just a few more billion they will give us portable, personal cold fusion packs.
Soon after that, pigs will fly out of my ass and lay golden eggs.
Meanwhile, our space program is grounded.
Said it before, I'll say it again: Failure IS an option after all.
An option? Hell, its inevitable!
It's really pretty simple, government makes huge grants and loans to Green Energy Companies. The exec's at the companies who received the grants promptly make large campaign donations to the DNC's campaign bundlers. The bundlers then launder where the cash came from, and donate it to "Dear Leader's" re-election campaign.
Everybody makes out, with the exception of the taxpayers, of course.
Yes I just 'love' paying (tax dollars) to advertise for someone I do not want re-elected.
"The problems for producers of all-electric cars haven’t changed in a century: The vehicles don’t have enough range, they take too long to recharge, and they cost way too much. "
And only an "intellectual" like Obama would fail to understand that. The "bitter-clingers" and "knuckle-draggers" that the elite blowhards endlessly denigrate can figure it out, though. Ironic.
How many more 'Solyndras' can we handle - NONE would be my answer. Spend, spend, spend and travel, travel, travel is the White House answer,
can't wait for November and vote those spendthrifts out of office!!
I heard Obama is working with the Energy Department to find billions in grants for "windup cars"..The big key in the side is causing some problems but on the bright side Obama said it will lower unemployment because of all the pedestrians killed by that big windup key.