‘Scandalous’ Solyndra Program Actually Earned Taxpayers A $5 Billion Profit

Yes, Forbes editorials are RW, dingbat. Each debt crisis and the shutdown were estimated to cut growth 0.6% each, CONSERVATIVELY. Funny how we entered full recovery when moderate Pubs stood up and told the "No Compromise, un-American TP GOP" (TIME) to SHUT THE FUCK UP, MORONS. About 4 years late.




Estimated with nothing whatsoever to back up the claims but hand waving. What scared the piss out of the government wonks was how little impact there was. They had to come up with something or the people would have figured out how bloated and unnecessary the majority of government workers are. Then the caca would have really hit the rotary oscillator as the people demanded that government be cut back.

People like Frankie just can't imagine a government that has problems....oops...a democratic run government that has problems.

Obama barely gets us back to where we were....and calls it a victory.
 
Oh we've got problems alright, totally due to Pubs mindlessly obstructing a higher min. wage, getting the richest and giant corps to pay their fair share, investing in an infrastructure GOOD jobs act and a training program for 3 MILLION good tech jobs going begging, ENDING illegal immigration with a bill that includes a good SS ID card DUH. Bringing back the Fairness Doctrine with a little real DEBATE on Rush, Beck, Levin, Savage etc etc etc would also end the plague of loudmouth zombie moron hater dupes...
 
Good god the conservative response to this thread, while not surprising, is still very pathetic. You people are so unreal lol. You can't swallow your pride for 30 seconds and just admit this was a good thing? Sure it isn't something worthy enough for Obama to gloat about, but you can't even admit it was even a small good thing. You just remain in denial like children. Sorry, but yes most of you are reacting to this thread like children.
 
Solyndra is a David Duke Republican program.
The OP is a lie, false and misleading.
Why do you expect anyone to take you seriously if you can't even explain what makes it false? We all know you're full of shit.

Good god rabbi. You are a child.
 
Solyndra is a total loss to taxpayers. You almost gotta laugh at the desperate government double talk aimed at low information left wingers that has nothing to do with Solyndra. The left wing propaganda tries to convince people that the DOE might get our money back in 22 years of useless "green energy" while oil prices are coming down.
 
Forbes is a rightwing source

That's rich.
Ok, dopey: which Party did he run under?

Steve%20Forbes%20-%20Jack%20Ainsworth%20AP%20-%20banner.jpg
 
Gov't shutdown costs of $24 billion are conservative. Forget the memorial lol, hater dupes. How much damage does 1% growth do every damn time it was threatened? MORONS!

The Costs of the Government Shutdown - ABC News
abcnews.go.com › ABC News Blogs › Politics › The Note
ABC News
Oct 17, 2013 - The 16-day government shutdown is over, but the country has taken at least ... wages and productivity, but all the ripple effects and costs as well.

Government Shutdown Cost $24 Billion, According to ...
swampland.time.com/.../heres-what-the-government-shutdown-cost...
Time
Oct 17, 2013 - Here's How Much The Government Shutdown Cost The Economy ..... than they EVER contribute....but "KEEP THE GOV'T OUT OF MY LIFE".
Marco Rubio Leads the Threat for Another Gov't Shutdown ...
bluenationreview.com/marco-rubio-leads-threat-another-govt-shutdown-...
Oct 14, 2014 - The last Republican government shutdown cost this nation a massive $24 billion dollars according to the financial ratings agency Standard ...
Report: Gov't Shutdown Proved Costly to Taxpayers ...
realtormag.realtor.org › News & Commentary › Daily News
Nov 13, 2013 - The Obama administration issued a report detailing the impact of the two-week government shutdown in October that furloughed government ...








I see no links to your complete and utter bullshit. C'mon moron. You can do better than that can't you? Waving your hands and pulling numbers out of your ass might be enough for twits like you but we adults need more.
how the government shutdown costs money - Google Search

Pick your own link. There are so many. Any total and complete drooling idiot moron could do such a simple search. Too bad it was way beyond your meager talent. No wonder you're frustrated.





Thanks! Here's the FIRST link...

There Will Be No $24B Economic Loss From The Government Shutdown


"The news has been full of an estimate by Standard & Poor’s that the U.S. economy suffered a loss of $24 billion due to the government shutdown. Interestingly, the reports contain few if any details of where those losses came from and the Standard & Poor’s website does not seem to have any report backing up the figure either. I have found some of the suggested losses and they are all untrue. In reality, there will be no economic loss to the economy from the government shutdown."

There Will Be No 24B Economic Loss From The Government Shutdown - Forbes


So, in other words, it's all a bunch of horseypoo and you idiots all fall for it...every time.
You found one opinion, from a rightwing source. I'm proud of you.








The article pointed out factual errors and also showed that there was nothing substantial to the claims. In other words silly person, you've got NOTHING!
Thanks for ignoring all the links you asked for!
 
The long Republican nightmare continues!
4i6Ckte.gif




‘Scandalous’ Solyndra Program Actually Earned Taxpayers A $5 Billion Profit

The much-maligned government program that funded the failed solar tech company Solyndra is expected to make taxpayers a $5 to $6 billion return, Bloomberg Businessweek reported on Wednesday.

The loan program is run out of the Department of Energy (DOE), and covers a large umbrella of investments to encourage green energy and low-carbon technologies. According to Businessweek, the expected positive returns on those investments are detailed in a new report DOE will be releasing, perhaps as early as Thursday, on the loan program’s performance — the first such estimate the agency has made of the fruits of its efforts.

The program has the authority to spend as much as $40 billion, and has allocated $32.4 billion of that to a portfolio with dozens of specific projects. Half of the $32.4 billion has already been paid out, in loans that average a 22-year lifecycle. The Energy Department expects the full $5 to $6 billion return to come in over that total time period. But $3.5 billion of the principal for those loans has already been paid back by the various companies that received them, and the government has already garnered over $810 million in interest payments. The portfolio’s losses only amount to $780 million so far, and they aren’t expected to rise above $2 billion once everything is said and done — a fraction of the $10 billion in losses the government anticipated when it originally designed the program.

This stands in stark contrast to the image critics painted of the program. In 2011, the solar tech company Solyndra collapsed after receiving $528 million from the program, setting off a political feeding frenzy and embarrassing the White House.

In the 2012 presidential campaign, Republican candidate Mitt Romney said he thought “about half” the businesses the program invested in had gone out of business. On Tuesday, Rep. Marsha Blackburn (R-TN) declared that “most of these companies are bankrupt and are no longer in existence, and the taxpayer is left holding the bag.” In point of fact, as of November 2012 only three companies out of several dozen had folded, though a few others were facing financial difficulties. That number has ticked up one more to four failures since. Investigations into the loan program have found no evidence of political manipulation or wrongdoing.

I don't believe the figures in the article. As the saying goes, figures don't lie but liars figure! What dipshit named it the "Solyndra Program?"
 
Gov't shutdown costs of $24 billion are conservative. Forget the memorial lol, hater dupes. How much damage does 1% growth do every damn time it was threatened? MORONS!

The Costs of the Government Shutdown - ABC News
abcnews.go.com › ABC News Blogs › Politics › The Note
ABC News
Oct 17, 2013 - The 16-day government shutdown is over, but the country has taken at least ... wages and productivity, but all the ripple effects and costs as well.

Government Shutdown Cost $24 Billion, According to ...
swampland.time.com/.../heres-what-the-government-shutdown-cost...
Time
Oct 17, 2013 - Here's How Much The Government Shutdown Cost The Economy ..... than they EVER contribute....but "KEEP THE GOV'T OUT OF MY LIFE".
Marco Rubio Leads the Threat for Another Gov't Shutdown ...
bluenationreview.com/marco-rubio-leads-threat-another-govt-shutdown-...
Oct 14, 2014 - The last Republican government shutdown cost this nation a massive $24 billion dollars according to the financial ratings agency Standard ...
Report: Gov't Shutdown Proved Costly to Taxpayers ...
realtormag.realtor.org › News & Commentary › Daily News
Nov 13, 2013 - The Obama administration issued a report detailing the impact of the two-week government shutdown in October that furloughed government ...








I see no links to your complete and utter bullshit. C'mon moron. You can do better than that can't you? Waving your hands and pulling numbers out of your ass might be enough for twits like you but we adults need more.
how the government shutdown costs money - Google Search

Pick your own link. There are so many. Any total and complete drooling idiot moron could do such a simple search. Too bad it was way beyond your meager talent. No wonder you're frustrated.

Yes, and you'll get all the bullshit that you dine on nightly.

Fuck, you are stupid.

Still don't know shit about downholing Chlorine ?

Asswipe.
You said:
Fuck, you are stupid.

Still don't know shit about downholing Chlorine ?

I said: Downholing Chlorine? I admit, there are two areas where you are the expert. Downholing and Cornholing. Congratulations on your remarkable achievement.
 
Gov't shutdown costs of $24 billion are conservative. Forget the memorial lol, hater dupes. How much damage does 1% growth do every damn time it was threatened? MORONS!

The Costs of the Government Shutdown - ABC News
abcnews.go.com › ABC News Blogs › Politics › The Note
ABC News
Oct 17, 2013 - The 16-day government shutdown is over, but the country has taken at least ... wages and productivity, but all the ripple effects and costs as well.

Government Shutdown Cost $24 Billion, According to ...
swampland.time.com/.../heres-what-the-government-shutdown-cost...
Time
Oct 17, 2013 - Here's How Much The Government Shutdown Cost The Economy ..... than they EVER contribute....but "KEEP THE GOV'T OUT OF MY LIFE".
Marco Rubio Leads the Threat for Another Gov't Shutdown ...
bluenationreview.com/marco-rubio-leads-threat-another-govt-shutdown-...
Oct 14, 2014 - The last Republican government shutdown cost this nation a massive $24 billion dollars according to the financial ratings agency Standard ...
Report: Gov't Shutdown Proved Costly to Taxpayers ...
realtormag.realtor.org › News & Commentary › Daily News
Nov 13, 2013 - The Obama administration issued a report detailing the impact of the two-week government shutdown in October that furloughed government ...








I see no links to your complete and utter bullshit. C'mon moron. You can do better than that can't you? Waving your hands and pulling numbers out of your ass might be enough for twits like you but we adults need more.
how the government shutdown costs money - Google Search

Pick your own link. There are so many. Any total and complete drooling idiot moron could do such a simple search. Too bad it was way beyond your meager talent. No wonder you're frustrated.

Yes, and you'll get all the bullshit that you dine on nightly.

Fuck, you are stupid.

Still don't know shit about downholing Chlorine ?

Asswipe.
You said:
Fuck, you are stupid.

Still don't know shit about downholing Chlorine ?

I said: Downholing Chlorine? I admit, there are two areas where you are the expert. Downholing and Cornholing. Congratulations on your remarkable achievement.

Was this your attempt at humor ?

Didn't work.

Yes, you don't know shit about what you mouthing off about.

Government shutdowns cost money: The newest in the liberal line of bullshit eats.
 
Good god the conservative response to this thread, while not surprising, is still very pathetic. You people are so unreal lol. You can't swallow your pride for 30 seconds and just admit this was a good thing? Sure it isn't something worthy enough for Obama to gloat about, but you can't even admit it was even a small good thing. You just remain in denial like children. Sorry, but yes most of you are reacting to this thread like children.

You want to take a whack at the IRR calculation..Mr. Mouth.

Please give it a shot.
 
I see no links to your complete and utter bullshit. C'mon moron. You can do better than that can't you? Waving your hands and pulling numbers out of your ass might be enough for twits like you but we adults need more.
how the government shutdown costs money - Google Search

Pick your own link. There are so many. Any total and complete drooling idiot moron could do such a simple search. Too bad it was way beyond your meager talent. No wonder you're frustrated.





Thanks! Here's the FIRST link...

There Will Be No $24B Economic Loss From The Government Shutdown


"The news has been full of an estimate by Standard & Poor’s that the U.S. economy suffered a loss of $24 billion due to the government shutdown. Interestingly, the reports contain few if any details of where those losses came from and the Standard & Poor’s website does not seem to have any report backing up the figure either. I have found some of the suggested losses and they are all untrue. In reality, there will be no economic loss to the economy from the government shutdown."

There Will Be No 24B Economic Loss From The Government Shutdown - Forbes


So, in other words, it's all a bunch of horseypoo and you idiots all fall for it...every time.
You found one opinion, from a rightwing source. I'm proud of you.








The article pointed out factual errors and also showed that there was nothing substantial to the claims. In other words silly person, you've got NOTHING!
Thanks for ignoring all the links you asked for!





I looked at all of them. And not one of them supported the statement. They were all hand waving with nothing to back up the opinion. NOTHING!
 
Good god the conservative response to this thread, while not surprising, is still very pathetic. You people are so unreal lol. You can't swallow your pride for 30 seconds and just admit this was a good thing? Sure it isn't something worthy enough for Obama to gloat about, but you can't even admit it was even a small good thing. You just remain in denial like children. Sorry, but yes most of you are reacting to this thread like children.

You want to take a whack at the IRR calculation..Mr. Mouth.

Please give it a shot.

Still waiting asswipe.
 
Good god the conservative response to this thread, while not surprising, is still very pathetic. You people are so unreal lol. You can't swallow your pride for 30 seconds and just admit this was a good thing? Sure it isn't something worthy enough for Obama to gloat about, but you can't even admit it was even a small good thing. You just remain in denial like children. Sorry, but yes most of you are reacting to this thread like children.

You want to take a whack at the IRR calculation..Mr. Mouth.

Please give it a shot.

Still waiting asswipe.
So essentially you're asking me to, on my own, replicate the results of this report and spell it out how it came to that conclusion?

Tell me, if you were me, would you do something like that? Would you do all that economic calculation just because some asshole (you) online can't come up with their own argument against it?
 
"Expected". A very large word that never seems to work out the way the government thinks it will. Show me a single government program that came in on time and on budget. Go ahead, I dare you.
Here's one that came in ten times over budget, did not achieve it's prime objective, and came in so late that the participants were given up for dead. It was called the Corps of Discovery.
 
"Expected". A very large word that never seems to work out the way the government thinks it will. Show me a single government program that came in on time and on budget. Go ahead, I dare you.
Here's one that came in ten times over budget, did not achieve it's prime objective, and came in so late that the participants were given up for dead. It was called the Corps of Discovery.





Where is it?
 
Good god the conservative response to this thread, while not surprising, is still very pathetic. You people are so unreal lol. You can't swallow your pride for 30 seconds and just admit this was a good thing? Sure it isn't something worthy enough for Obama to gloat about, but you can't even admit it was even a small good thing. You just remain in denial like children. Sorry, but yes most of you are reacting to this thread like children.

You want to take a whack at the IRR calculation..Mr. Mouth.

Please give it a shot.

Still waiting asswipe.
So essentially you're asking me to, on my own, replicate the results of this report and spell it out how it came to that conclusion?

Tell me, if you were me, would you do something like that? Would you do all that economic calculation just because some asshole (you) online can't come up with their own argument against it?

Actually, I know the answer....I've already posted the range.

I just want to know if you realize how stupid it is to claim a 5 billion dollar profit on a 32 billion dollar investment over 22 years.

Here is some of the math:

5/32 * 100 = 15%.

Now spread that over 22 years and it's less than 1% per year (0.7%).

Now an IRR calc will probably show a negative interest rate because your returned principle has lost value.

So, go fuck yourself and have a day.

If you were an investment adviser...you'd pretty much be unemployable.
 

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