Another $million$ taxpayer dollars flushed down Odumbo's "green" toilet.

Isn't it so .... http://www.solyndra.com/2009/03/us-department/

Solyndra Offered $535 Million Loan Guarantee by the U.S. Department of Energy

Fremont, CA, March 20, 2009 – Solyndra, Inc. announced today that it is the first company to receive an offer for a U.S. Department of Energy (DOE) loan guarantee under Title XVII of the Energy Policy Act of 2005. Solyndra, a Fremont, California-based manufacturer of innovative cylindrical photovoltaic systems, will use the proceeds of a $535 million loan from the U.S. Treasury’s Federal Financing Bank to expand its solar panel manufacturing capacity in California.
“The leadership and actions of President Barack Obama, Energy Secretary Steven Chu and the U.S. Congress were instrumental in concluding this offer for a loan guarantee,” said Solyndra CEO and founder, Dr. Chris Gronet. “The DOE Loan Guarantee Program funding will enable Solyndra to achieve the economies of scale needed to deliver solar electricity at prices that are competitive with utility rates. This expansion is really about creating new jobs while meaningfully impacting global warming.”

"steward" = somebody who manages somebody else's finances Originally Posted by LexusLover

yeah, 2005 Energy Policy Act

guess Obie made Bush and the republican majority congress make the $$$ available to promote alt energy, huh?

```````````````
back to Obie ...

there were a total of 26 companies that received approval for $16 billion in loan guarantees under the section 1705 program. So, 11.5 percent of the companies — not half — have filed for bankruptcy. And those companies were approved for a little more than 6 percent of the $16 billion in total loan guarantees.

Two other companies were awarded a total of $10.3 billion in loan guarantees by the Obama administration under the section 1703 program. So, if you count them, the bankruptcy rate would fall to under 11 percent, and the money at risk drops to about 4 percent.

The money loaned to Solyndra is largely lost, and it is unclear how much if any the U.S. will recover of the $70 million borrowed by Abound. However, as we wrote before, the government expects to recover as much as 70 percent of the $43 million it guaranteed to Beacon Power..

a 90% success rate for startup businesses in an unchartered business venue IMO is far better than average numbers for any new business venture ... but lets not mention the good, much less the $$ that will be recovered, just keep the doom and gloom in front for all the simpletons to marvel over ...

CBJ7 blindly believes whatever the government tells him. It's programmed into the Obamatron out of Chicago.

CBJ7 blindly believes whatever the government tells him. It's programmed into the Obamatron out of Chicago. Originally Posted by CuteOldGuy

tell ya what sport, prove those numbers incorrect and quit spouting off the same tired response ... you have the floor.

Psst .... "March 20, 2009" ..... Obaminable .... Obaminable .... Obaminable.

http://money.cnn.com/2012/06/06/tech...ndra/index.htm

"..the Bush administration never approved Solyndra's loan, saying the application needed more work."

Go find something worthwhile to do, you never learn.

Obaminable's administration approved the loan guarantee ... AND ... it was made to Obaminable contributors ... campaign of Obaminable .. NOT Bush!

tell ya what sport, prove those numbers incorrect and quit spouting off the same tired response ... you have the floor. Originally Posted by CJ7

Why don't you start by telling us where you plagiarized them from. You're getting as bad as others here by cutting and pasting, then pretending they're your own words. Doesn't the Obamatron give you any citations for the bullshit you post?

Psst .... "March 20, 2009" ..... Obaminable .... Obaminable .... Obaminable. Originally Posted by LexusLover

psssssssst ... November 17 2012

dumbass dumbass dumbass

psssssssst ... November 17 2012

dumbass dumbass dumbass Originally Posted by CJ7

If you're gonna post dates at least punctuate them and try to look smart ....

... even if you aren't!

You should be glad that Bush was in for 2 terms ...

... gives your guy cover for being corrupt and stupid.

Laughably

If you're gonna post dates at least punctuate them and try to look smart ....

... even if you aren't!

You should be glad that Bush was in for 2 terms ...

... gives your guy cover for being corrupt and stupid. Originally Posted by LexusLover

you should have used a comma after corrupt ...

dumbass

Why don't you start by telling us where you plagiarized them from. You're getting as bad as others here by cutting and pasting, then pretending they're your own words. Doesn't the Obamatron give you any citations for the bullshit you post? Originally Posted by CuteOldGuy

yeah, I didnt think you could do anything but use your worn out reply ..


it was from a fact check after the debate ... willard said 50% of the start up companies that got grant $$ went out of business ... hes as big a liar as you are a dumbass, you should be proud ...

dumbass Originally Posted by CJ7

Make that "dumbass" DINO (Democrat in name only).

you should have used a comma after corrupt ...

dumbass Originally Posted by CJ7

You are grammatically wrong, CBJ7. That makes you the dumb-ass.

The flaw in your logic is .... that without taking "the action" one doesn't know how it will turn out. Had the bears failed to show they would have never known the outcome of the game. Monday morning quarterbacking, as you are well aware, is 100% hindsight ... what you neglect to comprehend is that the task of the President of the United States is to make decisions and take actions that protect the United States of America BASED ON THE BEST INTELLIGENCE PRIOR TO THE DECISION MAKING!

Which is no doubt the reason why you voted for Obaminable 2 times ....

... he, like you, prefers modify the "intelligence" after the fact when his decisions do not pass the test of application ... as in Libya!

The additional flaw in your 20-20 hindsight is that the U.N., most, if not all, of the civilized world, and Congress also believed there were WMD's in Iraq and that Iraq would use them (or pass them off to someone who would) against whomever they wished and in whatever fashion was needed ...

... and your best friend Clinton and his administration felt the same way ....

Beat your overinflated chest all you want for being right .... but had you been WRONG ... whose chest would you be beating then?

Your "plan" and "strategy" of "inspections" and "sanctions" is working out well in Iran isn't it .............? Let's see how it plays out .... so long as we get the truth ... unlike the bullshit going on with Libya. The Israelis know the truth. BTW so does Obaminable!

Here: http://worldnews.nbcnews.com/_news/2...riched-uranium

Like you wrote: "I am smart enough to know that the final results of an action taken is based solely on the outcome of that action."

What will be the final results of Obaminable's strategy of appeasement, facilitation, inspection, and sanctions? Genius!

Like I said: You keep looking over your shoulder, you are gonna walk off a cliff.

This thread is about your guy's throwing money away for "green" shit ...

Not Bush and Not your obsessive agenda. But having voted for Obaminable and the disaster that is befalling the U.S. now ... I can understand why you would want to talk about anything but his incompetence and attempt to trash anybody who points it out ... Obaminable's absolute incompetence as a President of the United States of America.

Again: Sorry Bush beat McCain in 2000.

Did you vote for Obaminable in 2008 because McCain is a loser? Originally Posted by LexusLover

This should be nominated for one of the greatest "ASS STOMPINGS" in the sandbox this year. Thanks LL...you the man!

yeah, 2005 Energy Policy Act

guess Obie made Bush and the republican majority congress make the $$$ available to promote alt energy, huh?

```````````````
back to Obie ...

there were a total of 26 companies that received approval for $16 billion in loan guarantees under the section 1705 program. So, 11.5 percent of the companies — not half — have filed for bankruptcy. And those companies were approved for a little more than 6 percent of the $16 billion in total loan guarantees.

Two other companies were awarded a total of $10.3 billion in loan guarantees by the Obama administration under the section 1703 program. So, if you count them, the bankruptcy rate would fall to under 11 percent, and the money at risk drops to about 4 percent.

The money loaned to Solyndra is largely lost, and it is unclear how much if any the U.S. will recover of the $70 million borrowed by Abound. However, as we wrote before, the government expects to recover as much as 70 percent of the $43 million it guaranteed to Beacon Power..

a 90% success rate for startup businesses in an unchartered business venue IMO is far better than average numbers for any new business venture ... but lets not mention the good, much less the $$ that will be recovered, just keep the doom and gloom in front for all the simpletons to marvel over ... Originally Posted by CJ7

Million, Billion, Thousand, Apparently all you guys have been living under a rock, HELLO WE ARE FUCKING BROKE !
So why in the hell are we giving anybody money ? No one gave me a fuckin dime to start my business, i earned it, saved it, and when i had enough i started my own company. To all the window lickers out there if there is a demand someone will find away to to start a business to fill the need. After all this is America. Try to remember that when you are advocating giving a bunch of dum asses MY money. Giving dum asses my kids money and their kids money. Please tell me what in the fuck is good about that?

This should be nominated for one of the greatest "ASS STOMPINGS" in the sandbox this year. Thanks LL...you the man! Originally Posted by IIFFOFRDB

I see you have difficulty separating a man from a LLDINOboy!