Solar company Obama touted--& loaned 535 MILLION guaranteed loan announces bankruptcy

Discussion in 'Politics' started by oreo, Sep 4, 2011.

  1. oreo
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    oreo Gold Member Supporting Member

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    So there goes another 535 MILLION taxpayer dollars down the toilet.

    One Big Ass Mistake America

    $fore.jpg

    2012 cannot come soon enough.
     
  2. bassho
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    bassho Rookie

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    Given the fact Obama has never done anything productive in his life, this should be no surprise. He's an organizer plain and simple...all this guy knows how to do is waste loads of money he confiscates one way or another from the hardest working americans and campaign, campaign, campaign.
     
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  3. oreo
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    oreo Gold Member Supporting Member

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    100% agreed--that's what ya get for hiring a community organizer to be President of the free world. This guys experience amount to NOTHING.

    In his New York Times Sunday Review essay “What Happened to Obama?” Emory University psychology professor Drew Westen summed up the president’s lack of experience with devastating succinctness.

    Great: Now Even Committed Democrats Concede Obama ‘Had No Accomplishments Prior to Being Elected’ – Thanks for Nothing, Dems! | Conservatives4Palin
     
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  4. OohPooPahDoo
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    OohPooPahDoo Senior Member

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    Says it offered them the loan. Where does it say they took it?
     
  5. Matthew
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    Matthew Blue dog all the way!

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    Sad to see solar is not working out. Maybe it is to expansive to work within the market place?

    Can you explain to me why it is failing?
     
  6. oreo
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    oreo Gold Member Supporting Member

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    1000 employees--say's a business needs a lot of capital--a low interest Guaranteed loan was more than likely taken--or why would they even mention it in the article. You'll note the republican response in the last paragraph-- indicating it was taken.
     
  7. hellofromwarsaw
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    hellofromwarsaw BANNED

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    China and everyone else subsidizes their green industry, but pubs will only help Big Oil. Brilliant!! Morons...
     
  8. Matthew
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    Matthew Blue dog all the way!

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    I think Hydrogen is the answer to this.
    1# It is the number one gas in the fucking universe. Meaning it will NEVER run out.
    2# It is clean and green as its bi-product is water
    3# It makes the most sense as a green energy source

    I think within the next decade that it can break obrit (make it within the market)without subsides. Because there is unlimited amounts of it and there is a pretty hard push towards a green economy. If it can become economical then watch it past oil.

    Wind and solar can't beat it. The whole question is when will something become workable within the market...Right now I'd say Hydrogen.
     
  9. LibocalypseNow
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    LibocalypseNow Senior Member

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    Well it wasn't his or their Money,so i doubt they care. Pretty much Democrat mentality. Half a Billion in hard-earned Tax Dollars gone forever. Thanks a lot Mr. President.
     
  10. Oddball
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    Oddball BANNED Supporting Member

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    That's what America needs, to be more like China!

    idjit
     

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