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Did the OP run off?
He probably has a life, too. BASTARD!!
You say that as if you have one. Hmm
The Mass. legislature authorized funding for a company that was affiliated with the University of Mass. Obama authorized funding for a company that was on the verge of bankruptcy against recommendations by financial experts. See the difference?
He probably has a life, too. BASTARD!!
You say that as if you have one. Hmm
No, actually. That was said as if I were jealous of someone who does have a life.
A sense of humor would be useful in situations such as this. You wouldn't have to embarrass yourself to try to take a shot.
By Igor Volsky
On Thursday, Mitt Romney campaigned at the headquarters of Solyndra the first renewable energy company to receive a federal loan under the stimulus and reiterated his debunked claims that its bankruptcy symbolized the corruption and cronyism of the Obama administration. But just one day later, a solar panel developer that landed a state loan from Mitt Romney when he was Massachusetts governor went belly up, the Boston Herald reports, creating an inconvenient storyline for the GOP presidential nominee.
More: Second Romney-Backed Solar Company Files For Bankruptcy | ThinkProgress
Mitt Romney's big green flop - BostonHerald.com
FACT CHECK: Romney misses a mark on Solyndra claim | khou.com Houston
http://www.usmessageboard.com/politics/226641-fact-checking-romneys-solyndra-speech.html
Do we need more proof that this is a failed industry that IS NOT READY TO GO?
Yet Obama, in his stupidity will continue to push it, along with the failed Volt
How is this industry ever going to get ready to go if no one ever invests in it?
We don't have a nuclear industry today because some plucky enterpeneurs said "let's do some nuclear stuff". We have it because the government pumped billions of dollars into the project.
Solar energy is a proven form of energy, guy. The sun is up there and it baths the planet in energy. We just need to learn how to harvest it economically.
The country that controls the next big thing will be the country that wins.
Sooo, let me see if I can sum up the wingnut spin so far:
1. Governor Romney never approved any solar loans that later went bankrupt.
2. Or, even if he did, no taxpayer funds were used.
3. Or, even if he did and used taxpayer funds, it was Obama's fault.
Sooo, let me see if I can sum up the wingnut spin so far:
1. Governor Romney never approved any solar loans that later went bankrupt.
2. Or, even if he did, no taxpayer funds were used.
3. Or, even if he did and used taxpayer funds, it was Obama's fault.
IDIOT
God..you people are so STUPID! Konarka was a part of The University of Massachusetts!
Putting aside the relevance of this to the matter at hand, Konarka does not seem to be part of UMass. It was founded by people who worked at UMass (Our History - Konarka Technologies) but it never appears to have been part of UMass. It does claim UMass as a research partner (Our Partners - Konarka Technologies) but the same can be said of Imperial College in London.
I don't entirely understand the totality of your objections (feel free to clarify them), but I speculate that you believe that the article indicates that Romney invested his own money in Konarka. That would be entirely false. When the article says that Romney "personally" gave them the money I believe the inference is that Romney personally made the decision to give them the state's money. Contemporaneous media accounts make it clear that it was public money: Romney Ties Job Growth to Cleaner Environment
I'm not sure where you're getting your definition of subsidy, but the first definition I find at dictionary.com is (pecuniary means pertaining to money)
A loan from a government to a corporation can properly be termed a subsidy.
From the companies website....their various milestones...scroll down for "financial milestones"....
nope...no mention of any loan from Massachusetts.....
Our History - Konarka Technologies
You found a good source, but you seem to have read it a bit too quickly:
December 2002 $1.5 million in venture debt financing from the Massachusetts Renewable Energy Trust
Venture debt financing is a type of loan (Venture debt - Wikipedia, the free encyclopedia). This appears to be the money mentioned in my ameresco link, though from the difference in dates it appears that Konarka is claiming they secured the loan slightly before Romney came into office.
I await your reply.
This appears to be the money mentioned in my ameresco link, though from the difference in dates it appears that Konarka is claiming they secured the loan slightly before Romney came into office.
Interesting, if this was such a mechanism, then, you do realize there is a huge difference between what Chu was doing, vis a vis Solyndra and this issue?
so this kerfuffle may be over...nothing?
Sooo, let me see if I can sum up the wingnut spin so far:
1. Governor Romney never approved any solar loans that later went bankrupt.
2. Or, even if he did, no taxpayer funds were used.
3. Or, even if he did and used taxpayer funds, it was Obama's fault.
Interesting, if this was such a mechanism, then, you do realize there is a huge difference between what Chu was doing, vis a vis Solyndra and this issue?
There are a number of differences, but I'm not sure to which you are alluding.
so this kerfuffle may be over...nothing?
If your question is "so Romney might not have had any control over the loan?" Then I would say I find that remotely possible, but extremely unlikely. Certainly, news accounts quote Romney as proudly announcing the disbursements as his decision, and they were made public under his watch. I suspect that if Konarka felt confident in December that they would get the loan then it was because the elected but not inaugurated Romney had assured them of his commitment. Otherwise they would have asked that it be announced under the previous governor.
Konarka has fallen into the same bankruptcy shadow cast by Bay State clean-energy crashes Evergreen Solar and Beacon Power, both backed by controversial taxpayer subsidies.
Let's see... Defend Obama over a failed "Green Energy" business, then Attack Romney over a failed "Green Energy" business, and forget completely that "Green Energy" IS a failed business... Sounds good to me.
Green energy is NOT a failed business. It's still in its infancy. If the U.S. doesn't compete, China and Asia will have it all. Solar is booming in China.
