explaining Solyndra ?

[HomeInspect]

Jay Carney explains Solyndra as "That's the way business works". Too bad this administrstion has no clue on how business works, and while crticizing Romney on Bain Capital, Romney didn't cost the tax payers a half billion of taxpayers money to support his cronies. Solyndra is just one company in the mix. The total for "green energy" payoff scams is over 15 billion.

[ame=http://www.youtube.com/watch?v=0y0Wd0Aqw0c]Jay Carney on Solyndra - "That's the way business works" - YouTube[/ame]

 

[Claudette]

The way business works??

What a load of horseshit that is. Bush's admin kicked Solyndra to the curb. Barry gets in office and goes for it. Its green so he's gotta fund it with our hardearned money.

We taxpayers lost 500 million dollars and are at the back of the line to get any of that money back.

If Carney thinks anyones buying his bs story then we all know who the idiot is.

 

[JoeB131]

15 billion?

I guess you could make the argument the money should have been better managed. Solyndra is a bad example because the guys spent money on things they shoudn't have. But so do a lot of other companies.

but given we spend someting like 900 Billion a year now on a defense department whose main function is to keep oil flowing out of the Straight of Hormuz, 15 billion would probably be a bargain if it produces an energy source that is cheaper.

Green energy makes sense if you consider that 1) Fossil fuels are going to run out, eventually and 2) They might very well be destroying the planet.

 

[G.T.]

The loan they got as a result of Energy Policy Act of 2005?

 

[HomeInspect]

15 billion?

I guess you could make the argument the money should have been better managed. Solyndra is a bad example because the guys spent money on things they shoudn't have. But so do a lot of other companies.

but given we spend someting like 900 Billion a year now on a defense department whose main function is to keep oil flowing out of the Straight of Hormuz, 15 billion would probably be a bargain if it produces an energy source that is cheaper.

Green energy makes sense if you consider that 1) Fossil fuels are going to run out, eventually and 2) They might very well be destroying the planet.

Better managed? The money should never have gone tt them with their track reocrd. Every auditing firm looking at this, including Price-Waterhouse has said that it was foolish. Certainly when Solyndra had a track record of losing prior to this. The naive will have no idea why the money was fed to them.

 

[HomeInspect]

The loan they got as a result of Energy Policy Act of 2005?

No, the loan they got was allowed, or enabled by the act. The choice was Obama's to pay his political debts.

 

[naturegirl]

15 billion?

I guess you could make the argument the money should have been better managed. Solyndra is a bad example because the guys spent money on things they shoudn't have. But so do a lot of other companies.

but given we spend someting like 900 Billion a year now on a defense department whose main function is to keep oil flowing out of the Straight of Hormuz, 15 billion would probably be a bargain if it produces an energy source that is cheaper.

Green energy makes sense if you consider that 1) Fossil fuels are going to run out, eventually and 2) They might very well be destroying the planet.

Better managed? The money should never have gone tt them with their track reocrd. Every auditing firm looking at this, including Price-Waterhouse has said that it was foolish. Certainly when Solyndra had a track record of losing prior to this. The naive will have no idea why the money was fed to them.

And here they come, the Obama worshipers that think he can do no wrong. I think they need to look at how much $$$$$$ was donated to the Obama campaign from Solyndra and it's "execs". Plain and simple, it's Chicago politics..........you wash my back, I'll wash yours, the backs are green ones.

 

[G.T.]

The loan they got as a result of Energy Policy Act of 2005?

No, the loan they got was allowed, or enabled by the act. The choice was Obama's to pay his political debts.

Solyndras consideration was begun in 2006, finally passed in 2009 by same committee. Facts are your friends.

 

[JoeB131]

15 billion?

I guess you could make the argument the money should have been better managed. Solyndra is a bad example because the guys spent money on things they shoudn't have. But so do a lot of other companies.

but given we spend someting like 900 Billion a year now on a defense department whose main function is to keep oil flowing out of the Straight of Hormuz, 15 billion would probably be a bargain if it produces an energy source that is cheaper.

Green energy makes sense if you consider that 1) Fossil fuels are going to run out, eventually and 2) They might very well be destroying the planet.

Better managed? The money should never have gone tt them with their track reocrd. Every auditing firm looking at this, including Price-Waterhouse has said that it was foolish. Certainly when Solyndra had a track record of losing prior to this. The naive will have no idea why the money was fed to them.

Actually, the Bush Administration was the first to give money to Solyndra.

And it wasn't their spending that was the problem. It was that an alternative method of making these cells became a lot less expensive. So essentially, Solyndra was a case of the market changing, not so much mismanagement.

The Chinese are dumping tons of money into green energy and solar energy. The question is, do we want to be left behind when this happens.

 

[CrusaderFrank]

That's the way business works in Chicago.

There, fixed

Obama got a $106,000 bribe from Rezko, remember?

 

[naturegirl]

The loan they got as a result of Energy Policy Act of 2005?

No, the loan they got was allowed, or enabled by the act. The choice was Obama's to pay his political debts.

Solyndras consideration was begun in 2006, finally passed in 2009 by same committee. Facts are your friends.

15 billion?

I guess you could make the argument the money should have been better managed. Solyndra is a bad example because the guys spent money on things they shoudn't have. But so do a lot of other companies.

but given we spend someting like 900 Billion a year now on a defense department whose main function is to keep oil flowing out of the Straight of Hormuz, 15 billion would probably be a bargain if it produces an energy source that is cheaper.

Green energy makes sense if you consider that 1) Fossil fuels are going to run out, eventually and 2) They might very well be destroying the planet.

Better managed? The money should never have gone tt them with their track reocrd. Every auditing firm looking at this, including Price-Waterhouse has said that it was foolish. Certainly when Solyndra had a track record of losing prior to this. The naive will have no idea why the money was fed to them.

Actually, the Bush Administration was the first to give money to Solyndra.

And it wasn't their spending that was the problem. It was that an alternative method of making these cells became a lot less expensive. So essentially, Solyndra was a case of the market changing, not so much mismanagement.

The Chinese are dumping tons of money into green energy and solar energy. The question is, do we want to be left behind when this happens.

That's BS, the Bush administration denied the loan to Solyndra...........

Bush Admin. Voted AGAINST Solyndra Loan - Solyndra - Fox Nation

Obama campaigned on his loan to them.

 

[G.T.]

No, the loan they got was allowed, or enabled by the act. The choice was Obama's to pay his political debts.

Solyndras consideration was begun in 2006, finally passed in 2009 by same committee. Facts are your friends.

Better managed? The money should never have gone tt them with their track reocrd. Every auditing firm looking at this, including Price-Waterhouse has said that it was foolish. Certainly when Solyndra had a track record of losing prior to this. The naive will have no idea why the money was fed to them.

Actually, the Bush Administration was the first to give money to Solyndra.

And it wasn't their spending that was the problem. It was that an alternative method of making these cells became a lot less expensive. So essentially, Solyndra was a case of the market changing, not so much mismanagement.

The Chinese are dumping tons of money into green energy and solar energy. The question is, do we want to be left behind when this happens.

That's BS, the Bush administration denied the loan to Solyndra...........

Bush Admin. Voted AGAINST Solyndra Loan - Solyndra - Fox Nation

Obama campaigned on his loan to them.

What's bullshit, is Fox's spin of what actually happened:

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

"The number of issues unresolved makes a recommendation for approval premature at this time. Therefore, the committee, without prejudice, remands the project to the LGPO [Loan Guarantee Program Office] for further development of information," the committee said.

PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

All sourced @ the actual committee.

 

[naturegirl]

Solyndras consideration was begun in 2006, finally passed in 2009 by same committee. Facts are your friends.

Actually, the Bush Administration was the first to give money to Solyndra.

And it wasn't their spending that was the problem. It was that an alternative method of making these cells became a lot less expensive. So essentially, Solyndra was a case of the market changing, not so much mismanagement.

The Chinese are dumping tons of money into green energy and solar energy. The question is, do we want to be left behind when this happens.

That's BS, the Bush administration denied the loan to Solyndra...........

Bush Admin. Voted AGAINST Solyndra Loan - Solyndra - Fox Nation

Obama campaigned on his loan to them.

What's bullshit, is Fox's spin of what actually happened:

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

"The number of issues unresolved makes a recommendation for approval premature at this time. Therefore, the committee, without prejudice, remands the project to the LGPO [Loan Guarantee Program Office] for further development of information," the committee said.

PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

All sourced @ the actual committee.

Yea, you just keep believing that. Tell my why Obama was campaigning at Solyndra in 2010?? Here, how about you read Bloomberg's take. It's all peachy and fun til they falloff the cliff, then it's someone else's fault. You might need to see how much money Solyndra execs gave to Obama.

Obama Team Backed $535 Million Solyndra Aid as Auditor Warned on Finances - Bloomberg

From your link:

In 2009, the Obama administration approved a $535 million loan guarantee that helped the company build a new factory in Fremont, Calif. It became a poster child for the president's stimulus efforts.

 

[G.T.]

That's BS, the Bush administration denied the loan to Solyndra...........

Bush Admin. Voted AGAINST Solyndra Loan - Solyndra - Fox Nation

Obama campaigned on his loan to them.

What's bullshit, is Fox's spin of what actually happened:

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

"The number of issues unresolved makes a recommendation for approval premature at this time. Therefore, the committee, without prejudice, remands the project to the LGPO [Loan Guarantee Program Office] for further development of information," the committee said.

PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

All sourced @ the actual committee.

Yea, you just keep believing that. Tell my why Obama was campaigning at Solyndra in 2010?? Here, how about you read Bloomberg's take. It's all peachy and fun til they falloff the cliff, then it's someone else's fault. You might need to see how much money Solyndra execs gave to Obama.

Obama Team Backed $535 Million Solyndra Aid as Auditor Warned on Finances - Bloomberg

Because he was pro clean energy, it was a part of his campaign platform.

 

[naturegirl]

What's bullshit, is Fox's spin of what actually happened:

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

"The number of issues unresolved makes a recommendation for approval premature at this time. Therefore, the committee, without prejudice, remands the project to the LGPO [Loan Guarantee Program Office] for further development of information," the committee said.

PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

All sourced @ the actual committee.

Yea, you just keep believing that. Tell my why Obama was campaigning at Solyndra in 2010?? Here, how about you read Bloomberg's take. It's all peachy and fun til they falloff the cliff, then it's someone else's fault. You might need to see how much money Solyndra execs gave to Obama.

Obama Team Backed $535 Million Solyndra Aid as Auditor Warned on Finances - Bloomberg

Because he was pro clean energy, it was a part of his campaign platform.

Again from your article in Politifact:

Ultimately, the Bush administration program didn't finalize a single loan guarantee.

 

[G.T.]

Yea, you just keep believing that. Tell my why Obama was campaigning at Solyndra in 2010?? Here, how about you read Bloomberg's take. It's all peachy and fun til they falloff the cliff, then it's someone else's fault. You might need to see how much money Solyndra execs gave to Obama.

Obama Team Backed $535 Million Solyndra Aid as Auditor Warned on Finances - Bloomberg

Because he was pro clean energy, it was a part of his campaign platform.

Again from your article in Politifact:

Ultimately, the Bush administration program didn't finalize a single loan guarantee.

I said that already.

 

[CrusaderFrank]

Solyndras consideration was begun in 2006, finally passed in 2009 by same committee. Facts are your friends.

Actually, the Bush Administration was the first to give money to Solyndra.

And it wasn't their spending that was the problem. It was that an alternative method of making these cells became a lot less expensive. So essentially, Solyndra was a case of the market changing, not so much mismanagement.

The Chinese are dumping tons of money into green energy and solar energy. The question is, do we want to be left behind when this happens.

That's BS, the Bush administration denied the loan to Solyndra...........

Bush Admin. Voted AGAINST Solyndra Loan - Solyndra - Fox Nation

Obama campaigned on his loan to them.

What's bullshit, is Fox's spin of what actually happened:

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

"The number of issues unresolved makes a recommendation for approval premature at this time. Therefore, the committee, without prejudice, remands the project to the LGPO [Loan Guarantee Program Office] for further development of information," the committee said.

PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

All sourced @ the actual committee.

But the (Bush) Energy Department's credit committee held things up for more analysis.

Obama didn't bother with all this "analysis" stuff, he had Steve $8/gallon gas Chu make the loan

 

[G.T.]

That's BS, the Bush administration denied the loan to Solyndra...........

Bush Admin. Voted AGAINST Solyndra Loan - Solyndra - Fox Nation

Obama campaigned on his loan to them.

What's bullshit, is Fox's spin of what actually happened:

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

"The number of issues unresolved makes a recommendation for approval premature at this time. Therefore, the committee, without prejudice, remands the project to the LGPO [Loan Guarantee Program Office] for further development of information," the committee said.

PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

All sourced @ the actual committee.

But the (Bush) Energy Department's credit committee held things up for more analysis.

Obama didn't bother with all this "analysis" stuff, he had Steve $8/gallon gas Chu make the loan

The same committee made the loan that held it up. /snore

 

[naturegirl]

What's bullshit, is Fox's spin of what actually happened:

House Republicans investigating Solyndra have claimed that the Bush administration ultimately rejected the Solyndra loan, but that's not quite the case. Democrats on the House Energy and Commerce Committee and news media point out that Bush energy officials wanted to get the loan closed on their way out the door — it was listed as the first of their "three highest priorities through January 15." (Obama took office Jan. 20, 2009.) But the Energy Department's credit committee held things up for more analysis.

"The number of issues unresolved makes a recommendation for approval premature at this time. Therefore, the committee, without prejudice, remands the project to the LGPO [Loan Guarantee Program Office] for further development of information," the committee said.

PolitiFact | Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so

All sourced @ the actual committee.

But the (Bush) Energy Department's credit committee held things up for more analysis.

Obama didn't bother with all this "analysis" stuff, he had Steve $8/gallon gas Chu make the loan

The same committee made the loan that held it up. /snore

Hey, we know you are snoring................Obama thought it was a good thing until it tanked, he made sure the loan happened. When they went belly up, it suddenly became Boooooosh again. I think you need to wake up!!

 

[Papageorgio]

15 billion?

I guess you could make the argument the money should have been better managed. Solyndra is a bad example because the guys spent money on things they shoudn't have. But so do a lot of other companies.

but given we spend someting like 900 Billion a year now on a defense department whose main function is to keep oil flowing out of the Straight of Hormuz, 15 billion would probably be a bargain if it produces an energy source that is cheaper.

Green energy makes sense if you consider that 1) Fossil fuels are going to run out, eventually and 2) They might very well be destroying the planet.

The issue with Solyndra, was they had outdated technology before they broke ground on the building and they knew it. Yet, the government and Solyndra pushed it through. No, smart business goes with a plan that is a fail from the start. Just stupid.