So the message is to go green power, give 500 million to Solyndra and watch it fail. Even in the throws of failure Obama was considering giving it more money.callmeslick wrote:
Obama, as best as I can tell, is and has been the ONLY political player even attempting to get this message across. The fix isn't going to be fast, it isn't going to be easy, and it will require sacrifice by ALL citizens to work.
"Shortly after receiving the loan guarantee, Solyndra closed a factory and canceled plans to go public, leading critics in Congress to charge that the loan guarantee -- a substantial expense to taxpayers -- had gone to a demonstrably unqualified company. "
Then we have Sunpower getting a 1.2 billion loan guarantee even though:
"How did a failing California solar company, buffeted by short sellers and shareholder lawsuits, receive a $1.2 billion federal loan guarantee for a photovoltaic electricity ranch project—three weeks after it announced it was building new manufacturing plant in Mexicali, Mexico, to build the panels for the project."
"According to the Department of Energy (DOE) website, the CVSR project will create 350 construction jobs during the two-year build and 15 permanent jobs—presumably those are the squeegee men for keeping the panels clean."
The construction jobs will end so that leaves you with 15 permanent jobs. I'll let you do the math on what those permanent jobs cost. Then there is the green car company getting a 500 million .loan and then announcing it is moving to Finland.
I realize Slick, you think Obama is the smartest guy around but the reality is he is just another stupid political hack trying to push his particular agenda and could give a ★■◆● about anything but himself. Give me all that money and I'll stick it in a bank and the interest alone will pay for 800 $50k lifelong jobs. Obama has done nothing to date to generate real growth as evidenced by his Obamacare agenda back when the Dems controlled everything. Too bad they didn't focus on jobs back then. Of course back then Obama had 4 years until re-election so he could do the Alfred E Neuman "What, Me Worry?" routine.