ba1614
Silver Member
I agree with the Donald, these people are either crooks or stupid, and either is unacceptable.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I just find it funny that this is an issue..and stuff like the Orbital Nuclear Platform and other various failed weapon systems seem to go down the memory hole.
http://www.nytimes.com/2011/01/06/business/06marine.html
The Joint Strike Fighter program cost 300 Billion in total.
Previous wrong doesn't excuse a future wrong.
To this...I know you agree. I also bet you agree that no matter the party - government is, generally speaking, corrupt, wasteful, inefficient and not very effective.
Would you agree?
Then why do you support a big government? The bigger the reach of government - the deeper the corruption, more waste and ineffectiveness.
No?
Oil and coal are a good investment as they're proven and work. Solar and Wind is nothing more then side energy producers that are unproven...We're flushing money down the crapper.
Solyndra e-mails: Dept. of Energy was poised to approve $469 million for firm (second massive loan)
Washington Post ^ | Wednesday October 5, 2011 | Carol D. Leonnig
Solyndra e-mails: Dept. of Energy was poised to approve $469 million for firm - The Washington Post
The Obama administrations Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the companys financial situation was growing more dire.
The Energy Department was actively pushing to provide the second loan guarantee to the troubled solar-panel manufacturer in April and May 2010, when Solyndras auditors warned the company was in danger of closing due to its rapidly mounting debts and expenses, according to complete e-mails just released by a House committee investigating the original loan.
White House career staffers, who had first raised concerns in the fall of 2009 about the Department of Energy providing Solyndra with its first taxpayer-backed loan of $535 million , wrote e-mails in gallows humor in April 2010 about the prospect of giving Solyndra more money. That spring, industry analysts were publicly questioning how the Silicon Valley startup could so quickly be running out both the federal loan and $933 million in private capital.
Apparently the loan size for Phase II is $469 million, one Office of Management and Budget analyst wrote of DOE seeking a second loan for Solyndra. The analystss name was not released by the committee. Ive been told we should expect the see that project soon for conditional commitment.
Another joked: Possible to close and default on one before closing on a second??? Could be a new record.
The agency didnt shelve the idea for a second loan until October 2010, a Department of Energy spokesman has confirmed. That was the month that Solyndra executives and investors first warned the department that the company was facing the threat of having to liquidate without emergency cash.
(Excerpt) Read more at washingtonpost.com ...
Oil and coal are a good investment as they're proven and work. Solar and Wind is nothing more then side energy producers that are unproven...We're flushing money down the crapper.
I just find it funny that this is an issue..and stuff like the Orbital Nuclear Platform and other various failed weapon systems seem to go down the memory hole.
http://www.nytimes.com/2011/01/06/business/06marine.html
The Joint Strike Fighter program cost 300 Billion in total.
Previous wrong doesn't excuse a future wrong.
To this...I know you agree. I also bet you agree that no matter the party - government is, generally speaking, corrupt, wasteful, inefficient and not very effective.
Would you agree?
Then why do you support a big government? The bigger the reach of government - the deeper the corruption, more waste and ineffectiveness.
No?
Future wrong?
Personally I see nothing wrong with private/public partnerships. Guess what? Some of them are going to fail. Nature of the beast. I do see a problem with corruption. That's an element missing here.
Add in..we are now the number one country in solar tech. It's one of the only new tech we are exporting. To China.
Eventually these sorts of investments are going to pay off. And big.
I just find it funny that this is an issue..and stuff like the Orbital Nuclear Platform and other various failed weapon systems seem to go down the memory hole.
http://www.nytimes.com/2011/01/06/business/06marine.html
The Joint Strike Fighter program cost 300 Billion in total.