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Taxpayers To Recover $0 On Solyndra
It will come as no surprise to some but the bankruptcy court hearing for Solyndra just threw up all over any hopes that our taxpayer-funded loans to this solar sinkhole will be recovered:
- *SOLYNDRA HAS ABOUT $71 MILLION IN NET DISTRIBUTABLE ASSETS
- *SOLYNDRA LENDERS AHEAD OF GOVERNMENT OWED ABOUT $77 MILLION
So it looks like a $0 recovery for us - US Government: Picking Losers One Sector At A Time.
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The larceny will not be debated, questioned, nor televised.
SOLYNDRA LENDERS AHEAD OF GOVERNMENT
And here we see the difference between opulent private equity and average private citizen:
When government is standing behind PE, it's the govt getting f'k'd, but when government is standing behind you and me....
Hope and Change.
Could I get a loan from Uncle Sam and not repay it?
You didn't profit from that.
They could have flown, they just didn't flap their arms hard enough.
" US Government: Picking Losers One Sector At A Time"
US Citizens: Picking Losers One President At A Time.
NO! You'll wallow in your mediocre, low-pay part-time employ and like it!!!
PLANET SINKHOLE
What's the total loss on that?
http://swampland.time.com/2011/09/03/big-name-investors-to-recoup-losses...
http://hotair.com/archives/2012/08/03/bombshell-obama-chief-of-staff-dal...
2011: $535 million federal loan in 2009 and collapsed on Wednesday
2012: spent it on a bender...and now holding less than company assets with channel partners begging them to take back their shit.
Today
They are going to be short on cash once someone sharpens a pencil...all that inventory floating around out there.
So the silver lining is solar crap is going to be dirt cheap, but with no offered support. If it gets it under 1 buck a watt...hmmmm, would be time to go buying in bulk. Doubt there will be an opportunity again to purchase a lifetimes supply of solar cells again.
China seems to be playing this game very smart. Sell high tech products at a loss to bankrupt US companies with valuable patents, then buy them for cents on the dollar. Solar and battery tech will replace coal and oil at some stage, but by then china will own it all.
Actually YOU are standing behind the government it is YOU in the U.S. Government so it is YOU getting screwed both by Cronies like Solyndra and by the politicians for their friends.
@ h_h
+ 1
VERY LITTLE about the Solyndra / alternative energy debacles last night. Very little about Benghazi either. NOTHING about the "Fiscal Cliff". The MSM is bought off, that is clear. Did Candi do it for the money, or because of her ideology?
i heard it was for a bag of cheetos and a mountain dew
Is there any doubt cnn.nbc, etc are done as news networks.
In a world where Fox News tops the ratings, the rest are safe. Literally anyone can do the news, and say vitually anything, regardless of merit, or the lack of it. It's not news any more. It's information-entertainment, just like wrestling is sports-entertainment.
You want real news? You must be a foreigner.
You got something against infotainment?
Bread and circuses, bitchez!
That evil Fox lol they are all State Controlled Propaganda now including Fox some of them even have their stories vetted by the Slime House before they are published.
Donations by Media Companies Tilt Heavily to Obama
snip
All the major media companies, driven largely by their Hollywood film and television businesses, have made larger contributions to President Obama than to his rival, former Gov. Mitt Romney, according to the Center for Responsive Politics, a nonprofit, nonpartisan Washington-based research group that publishes the Open Secrets Web site.
The center’s numbers represent donations by a company’s PAC and any employees who listed that company as their employer.
Even companies whose news outlets are often perceived as having a conservative bias have given significantly more money to Mr. Obama. Rupert Murdoch’s News Corporation, for example, has contributed $58,825 to Mr. Obama’s campaign, compared with $2,750 to Mr. Romney. The conglomerate, which owns Fox News, The Wall Street Journal, The New York Post and the 20th Century Fox studios, gave roughly the same amount to Mr. Romney’s Republican primary competitors Rick Perry and Ron Paul as it did to Mr. Romney.
US journalists trade independence for access [White House censors officials' quotes]
http://www.dw.de/us-journalists-trade-independence-for-access/a-16204465-1
inevitablecollapse
Would that have been a LARGE bag of Cheetos and a non-Bloomberg approved 32 oz Mountain Dew?
you're damn right - this obesity problem is not going to solve itself!
Bengazhi was talked about. CNN’s Candy, misled 60 million viewing Americans in the debate when she “surprisingly” lied along with Obama. When Romney made the point that Obama took many days before he finally started calling the attacks on our Benghazi embassy an “act of terror“. Candy jumped in insisting Obama DID call the attack an act of terror. Then Muchell started clapping breaking the debate rules, (it’s on video) to further confuse the issue. For weeks the Pres was lying and saying it was all “spontaneous” and because of a “video“. No it wasn‘t, it was Al Qaeda and he knew it. It was pre-planned and coordinated for the 9/11 anniversary. Guess what folks, Al Qaeda is alive and well and the WH is covering for them.
Neither, she wanted to flaunt her beauty
Whata biog pile of bullshit. The oil cartel does not want solar.
IT ain't that sophisticated.
I wanted a unit for if anything, my hot water heated. NOthing was ever release to the public creating industries, supply demand and the normal shit that built this country.
Oh, but the military kicks the shit of anyone on the planet and the gov can't do a little solar gig. Pitiful clusterfuck.
There is video of "workers" destroying the remaining unshipped components (about $8M worth) after the insolvent announcement smashing them into several rolloff construction dumpsters, they were German sourced and the supplier was unpaid, they found out via Youtube ,, the parts should have been made available/returned to them ,, the completed product in inventory was sold off at VERY CHEAP prices and resold to installers nationwide.. you could buy it from middlemen on eBay for about 25% of original sticker... Somebody made $$$$$ ....
you can't make that claim with out a source.
here you go. http://youtu.be/4OwIo05nsNA
althouy a few pallets survived the ordeal it looks like.
http://www.luckyequipment.com/equip_detail/equip/1005/
now here the real question. where they added to the list of assets ?
althou i am i alittle confused how the total assets is less then 75. but the building sold for more then 90 million?
http://hotair.com/archives/2012/08/24/300-million-taxpayer-investment-in...
Could someone please get these fuckers away from the public Treasury?
Thank you.
The only way to not pay the inflation tax is to not use the currency.
Provide more than $500 million to your buddies through a worthless company. That's the Chicago way.
Dems rape everything.
The taxpayers just need to put some ice on that.
The Government Will Never End the Fed but the Fed is Destined to Die Anyway
http://judymorrisreport.blogspot.com/2012/09/the-government-will-never-end-fed-but.html
Obama: candi no candi wait stop him dont let him say it okay that enough everyone gets a drone atttack
How much did we lose on GM again?
Totally. And how come no sarcastic quips for the oil industry that pockets BILLIONS of dollars in subsidies as profit every year? That money isn't even for something new, it's just a transfer payment to reward the rich oil barrons that get wealthy off of public lands to begin with. I guess it's only in fashion to pick apart goverment decisions if it's a new industry that's in competition with the status quo, and if the president is a supposed bleeding heart liberal (even though he's proven through his actions to be a staunch neocon).
Basic economics, we the consumers are the one's being subsidized, not the producers.
Similiar to farm subsidies...
Most farm subsidies are actually just transfer payments of money taken via taxes from the wealthy minority to pay a portion of the cost of food for the many food consumers that do not pay taxes; nearly 50% of the US, if I remember correctly.
Price paid to farmer = government subsidy + artificially low "market price"
The whole "paying farmers not to produce" is just a distraction, and represents very little of the actual payments.
This inflation effect would be additive to dollar depreciation, should tax revenue not be available to subsidize the price of food.
http://en.wikipedia.org/wiki/Progressive_tax
Price paid to farmer = government subsidy + artificially low "market price"
The farmers have no choice, because they do not set the price. Care to know who does?
You understand how school lunch programs work, right? The schools are not being subsidized, the poor students are. It is the same with farm subsidies.
"Paying producers not to produce" is a fallacy perpetuated by the nomenclature. The payments should be called eater subsidies, rather than farm subsidies. Look at the numbers behind the headlines.
These ideas would only be valid in a truly free market (and I agree fully with the logic presented within that context).
As for the farm subsidies, most programs I know of are labeled "crop insurance" and cover farmer's losses due to that mean ole Mother Nature screwing up the season, and thus have no effect on the supply/demand curve, and thus the resultant price.
As for "paying not to grow" as a myth? Well, maybe where you live. Around here they call it "conservation." Fields are left fallow in exchange for fedgov cash. You'll know when you've found a subsidized tract when you see it on fire due to a "mandated burn" (shows up in the 911 log like that as well, since they're supposed to alert the FD first).
You can't even cut hay on it! (I learned that this year when they lifted that restriction due to our severe drought)
Then there's the dairy (gubmint cheese) subsidy, where fedgov SETS THE FLOOR on prices by buying up all product that would otherwise fall in price (like Benron and Timmah's game). Do higher consumer prices equal a subsidy? Nope. ALL of that purchased product goes into underground storage in Kansas City.
Like I said, your points are valid, but not in a mercantilist economy. Otherwise they'd never bothered to game it like they have.
Oh, and I didn't junk you, btw.
>we the consumers are the one's being subsidized, not the producers
So you're saying a subsidy given to the producers is not a subsidy given to the producers?
>[farmers] do not set the price
They don't set the price on the food they sell?
>The whole "paying farmers not to produce" is just a distraction... "Paying producers not to produce" is a fallacy
So which is it? A distraction or a fallacy?
Your post makes no sense.
So when the Dems had complete control of the gov in 2009 and 2010 they didn't end those why??? Wake the fuck up you moron. The money is sent from the gov to the companies and then back to the campaigns for both parties.
Dipshit.
Much like speed is life for fighter pilots, cheap energy is life for economies. What kind of moron would demonize oil companies?
Enjoy your solar, wind and ethanol...and your nation's poverty.
I am enjoying my solar (made in America panels) and electric car, yeah, that made in America one.
And, the result is I have a lot more of my income being discretionary, so I can spend it in the economy here.
Exactly how is that worse than buying a foreign car - burning foriegn oil, burning coal for my power, and thereby sending all my dough overseas to people who want us dead, rat patrol? I think you might have a cognitive problem here.
Your $80k car subsidized down to $40K? You are a parasite on the tax payers.
Coal is local, moron. Fracking is good. Death to Saudi.
It is nice you have now have "extra" cash courtesy of the middle class. Souless bastard.
Plus battery base anything is harmful to the environment, you Gaia hating fool. Why do you hate Gaia?
Oddly, the tree huggers never talk about the topic crap that you generate when you mine rare earth elements or produce solar panels. I have nothing against solar except that I need a big muthafucker battery bank to keep the lights on at night. 100 KWH of batteries is one load and a half of lead. The six volt cells for 1/2 of the bank (two done in parrallel) weigh in at over 300# each. The bank is a total of over 2 tons of lead. Stupidity comes easy for folks who are not engineers. Stupidity comes easier for people who think AGW is real. Sorry, but I got my PhD from the place at the corner of Mass Ave. and Memorial Drive in Cambridge. I know better. It is the boneheads like Jeremy Grantham that are mbas who fall for that shit.
I've had a Honda Civic Hybrid for ten years now, and let me tell you, nothing is more satisfying than when a clueless do-gooder gets all excited about how I'm saving the Earth.
My reply? "It's so nice to see an evironmentalist who understands how important it is to support the mining industry! I mean, you do realize there's over a hundred pounds of batteries in the trunk, right?"
Then I let them in on a secret. I bought the car because it was obvious to me that the economy was being sacrificed by the criminals they (those evil-do(good)er voters) insist upon empowering over us all.
Just wait until electric cars actually become cheap and useful - the treehuggers will immediately discover how bad the battery manufacturing process is.
And guess what'll happen once solar panels become useful? They'll suddenly discover the same thing.
Wind turbines will always be useless though, so one can expect that treehuggers will always like them.
Coal and oil are more organic then organic farming.
Solar panel manufacturing ( none of which use solar panels to make panels. 2nd law of Thermodynamic's anyone? Suppose not.)
Natural carbon all the way baby.
Odd, XOM paid more in taxes to the US government than they earned from their US operations. If you consider that a subsidy, I suggest you do a self colonoscopy with your cranium. It does not seem to be worth anything else.
Er...huh? Are you dumb enough to believe anyone would pay more in taxes than they earn here? And no, it's not due to what they make overseas being a factor. What they earn overseas stays there until the Republicans pass another ''Jobs Creation Act of 2004''.
Let me look that up. Oh, this looks good. http://money.cnn.com/2011/05/04/news/companies/exxon_oil_taxes/index.htm
''In the first months of this year, Exxon (XOM, Fortune 500) says it paid $3.1 billion in taxes in the United States -- more than even the $2.6 billion in profit it made selling oil and gas.
''To get to that number, the company includes the federal and state gasoline taxes that the company collects from drivers and passes on to government coffers. It also includes payroll taxes the company pays on behalf of its employees.''
Solid repeating of that lie. Let me guess. You're an oil company lobbyist?
So, I paid at the tax the pump, and Exxon takes credit for paying it themselves? I don't know what's more amazing. That they would even attempt to peddle that, or that anyone would believe it. And there you are!
Try this on instead;
''Here's another: Between 2008 and 2010, a dozen major US corporations—including General Electric, ExxonMobil, and Verizon—paid a negative tax rate, despite collectively recording $171 billion in pretax US profits, according to an analysis by Citizens for Tax Justice. Taken together, these companies' tax burden was -$2.5 billion, and ten of the companies recorded at least one no-tax year between 2008 and 2010.''
http://www.motherjones.com/mojo/2011/06/ge-exxon-10-other-major-corporat...
Bozo, you forgot the royalty payments that they pay when they drill. Duh. And no butthole, I am not a lobbyist for anything. "Citizens For Tax Justice" yeah right. You just impeached your slimy ass right there. Mother Jones? You gotta be cuking kidding me.
Shooting the messenger? I guess it's all you have left. What if those sources actually referenced facts? No time to check?
Paid more in taxes than they made?
On the surface, you should have known something was wrong with that. Unless you had reason to give them the benefit of the doubt amid an argument that was obviously preposterous.
I think people should provide proof so
When It Comes To Paying Taxes, Big Oil Takes The Biggest Hit
snip
ExxonMobil in 2011 made $27.3 billion in cash payments for income taxes. Chevron paid $17 billion and ConocoPhillips $10.6 billion. And not only were these the highest amounts in absolute terms, when compared with the rest of the 25 most profitable U.S. companies (see our slideshow for the full rundown of who paid what), the trio also had the highest effective tax rates. Exxon’s tax rate was 42.9%, Chevron’s was 48.3% and Conoco’s was 41.5%. That’s even higher than the 35% U.S. federal statutory rate, which is already the highest tax rate among developed nations.
(The lowest taxpayers among the most profitable companies? Automakers Ford and GM, despite $20 billion and $9 billion in net income, respectively, paid a scant $270 million and $570 million in taxes — simply because they have billions in previous-year losses to balance against recent profits.)
http://www.forbes.com/sites/christopherhelman/2012/04/16/which-megacorps-pay-megataxes/
‘Taxation Hero’: ExxonMobil has paid more than $1 trillion in taxes since 1999, which is 3x its profits over that period
http://www.forbes.com/sites/nickschulz/2012/08/09/taxation-hero-exxonmobil-pays-3-in-taxes-for-every-1-in-profit/
Lets get this straight.
Oil companies do not get subsidies.
They do get accellerated capital expenditure allowances to offset against corp. tax.
The nature of the business requires it,just as a horsefarm gets break the other way.
They are getting to keep a little more of THEIR profit.
We are not yet Marxist( in spite of Obummer) sp their profits are theirs.
Yes, the accelerated capex is there because a well in the GOM and other places has a very finite lifetime before it waters out or goes dry. At that point, all the PP&E on the site except for perhaps a towable drilling rig is worthless in general. This is not the building that you can straightline depreciate over 40 years.
I wonder who downvoted you?
Was it perhaps a parasite who wants to perpetrate robberies against the oil companies? Or a tax slave who is jealous that others aren't subjected to robberies as much as they are?
"How much did we lose on GM again?"
Looks like the US government will have to get $53 a share for Government Motors stock just to break even.
http://news.investors.com/ibd-editorials/081412-622168-gm-costs-taxpayers-25-billion-dollars.htm
Its around $25 today...now, who's buyin when "we" already own it? ;-)
GM also got some loans from the DOE which turned into grants which turned into losses right before GM filed for bankruptcy. I'm skeptical of every story quantifying GM's loss because there was some shady shit right before the bankruptcy filing.
Not only that, GM newco got to carry their losses over from the GM oldco in the 363(n) sale. That is not the way it is supposed to happen.
GM also didn't pay any taxes ZERO and we bailed out GE Credit in addition to GE auto
General Electric Paid No Federal Taxes in 2010
http://abcnews.go.com/Politics/general-electric-paid-federal-taxes-2010/story?id=13224558
Report: GE Capital Is Close To Systemic Risk Designation
snip
I wrote about GE Capital just the other day. When last we checked, they were using their nominal bank status to collect bank bailout money -- but avoid the same restrictions as banks, thanks to intense lobbying that always seems to work when it's on the behalf of the bad guys. CEO Jeffrey Immelt (who is leading Obama's job creation efforts - funny, how most of GE's jobs went out the door to other countries) is also lobbying for the Grand Bargain.
Now it turns out that his company (which seems to be operate more like a casino) is about to be designated a systemic risk. Which means if they tank, we'll hand them even more money and talk to them sternly to protect the whole house of cards!
http://crooksandliars.com/susie-madrak/report-ge-capital-close-systemic-risk
"Taxpayers To Recover $0 On Solyndra"
Yeah, but the taxpayer can just write that off.
Right?............
Unfortunately for the taxpayers, any nominal appreciation of hard assets like gold or real estate resulting from our government's currency debasement are assessed as capital gains, and taxed as such.
And for gold, as a "collectible", that capital gains rate is 28%. Ouch! One lesson: Don't sell your gold!
Ever try booking a loss on your dollar holdings?
That is some of the beauty of gold coins. Move them on eBay and nobody knows...
Yeah, right. Nobody knows you sold them on ebay. Nothing has reduced crime like the web.
28% is way too low, you need to pay your fair share, ask Obama. Especially when everyone else has lost their fair share. Who cares that you already paid taxes on that money. Capital gains only affect the rich, and that would be you.
Yep. What's Barry's cut of that 77 Million? bv
5%, as he is only half the Mooslim mooch enabler Zardari is-
As long as Choomboi's peeps got a fat cut of the swag and broke off a piece for B, I'm down with it.
Best bet: Manipulate related stockcharts. Oh, wait...
And Mitt missed this opportunity last night.
Ummm he didn't miss it, he wasn't instructed to mention it.
EAGLE!
They didn't even have the moxie to put the gov't loans in first position? The contempt for the taxpayer is beyond the pale.
I believe some of the "slick" moves they made to put the governement into subordination on the debt were reported here just before they declared bankruptcy. Or was it Seeking Alpha, don't remember, but it was obvious at the time.
This is what's so slick about high level crime - you do that bad thing years before, then by the time people recognize there's a crime, they forgot what it was that created it.
Bruce covered this topic around the time of the BK.
Why would they do that you are talking about obama's buddies there screw the taxpayers
August 6, 2012 How the Obama Administration rewrote the Solyndra loan to put private investors ahead of taxpayers
snip
Newly-released emails cast new light on the Obama Administration’s unconventional decision to rewrite the terms of the nearly half-billion Solyndra loan to favor a major campaign donor as the company careened towards bankruptcy.
One big fat goose egg.
RObammney 2012
77 Mio is about right
It would have been impolite and mean-spirited for Romney to have mentioned Solyndra or A123 Systems last night.
And he certainly shouldn't have grabbed this low-hanging fruit and pointed out the obvious differences between his track record with private equity and Obama's with...ahh.. "public equity".
Hope and your change.
The blind Bain trust holds the note in the Caymans and is double DIPing the bankruptcy. How would you know it's not?
Opaque makes the cake in the pirate's cove, you blow out the candles in the cave.
OT but at least Chelsea is making an attempt to offset the shit her parents are spreading around the globe
http://ca.news.yahoo.com/exclusive-chelsea-clinton-steps-fight-diarrhea-deaths-nigeria-205700525.html
I guess her nose is in the right place
And no one gets indicted. Amerika!
I am bored....
Mental break...
http://www.youtube.com/watch?v=UX0xY4_bci0&feature=my_favorites&list=FLo...
Corzined Bitches!
pods
aaaaaand it's gone!
RICO, is that you?
Can't wait for the 1 year anniversary of MFG implosion </crickets>
I'm less worried about losing money on developing alternate energy than say, bailing out scumsucking banking entities or military slush funds.
pennywise, pound foolish.
The government should not be involved in developing alternate energy or bailing out scum. You seem to be picking one bad over another bad
The government should not be subsidizing the oil or "financial" industries.
But there you go again!
Agreed.
X2
I agree with you in absolute terms. but one could make the argument that at least with an alternative energy subsidy there is still a net gain in terms of technological progress, even if the investment doesn't provide an immediate return. Additionally, since it will benefit the population as a whole in terms of alternate energy supply, I have much less of a problem with it than I do with endless banker bailouts.
I cannot stand the collective thinking shit
whether you agree with it or not, the technology with continue to be researched and progressed with or without your support. it's still not a net zero on the investment, much unlike the giveaways to the banks and the slush defense 'black holes'.
you narrow-minded fucks can junk me all you want, it's the best you're going to do in lieu of a real argument.
Hear, hear. They've sunk what some 10s of billions into alternative energy? Most of which, unlike Solyndra, there is a least something to show for it.
The banks are sucking down 10s of billions a week after untold trillions already. In return for destroying the foundations of our society. Let's stay focused on the real problem, the other shit will sort itself out if we ever deal with fucking multi-trillion pound elephant in our living room.
Actually the banks projected a 40 Billion dollar a month loss ( the big 5 ) , so Bennie is printing that much up to buy the losses so you and I can pay heaps more for stuff at the grocery store and , hey, just about everything else we need to. It's funny how people just kinda thing that "they" , whoever that is, took care of that "mortgage thing" whatever that was/is.
We got trillions of shit to clean up. 40 Billion a month may sound like a lot but we are gonna lose 5x a month that in the first major (admitted) dip we have after the elections. People are hanging on by their bloody finger tips or treading water at nose level.
Solandra? Idealogically it makes people "feel the hate". Compared to the ongoing bank bailouts and sandbox adventures in Islam land , it's a fricking rounding error.
Learn to channel your rage by quantity of dollars. It's heart Healthy.
Gold/realestate =1980Bitchez!!
Buy buy buy!!!
$0 - coulda been worse, we coulda been stuck paying the court costs. (We're not paying the court costs, are we?)
Prolly.
OBAMA 2012! LOL
Just imagine where that $1.2 Billion went...I can tell you it was all lost. Think some creative accounting and large renumeration pakages allowed it to flow to connected players!
Just
Next time we lend money to one of these "green" companies we need to call it a student loan. Then bankruptcy does not mean shit.
Where did that slimeball Brian Harrison disappear to? I wonder if he ran back over to Intel.
Oh no we lost money in ONE company that was trying to reduce our dependence on OIL. What the fuck is the big problem here with solyndra? When you invest in new technologies you have to take risks on the companies trying to produce those new technologies. Some of them go bust, too fucking bad, cry some more. This money that was lost is chump change compared to what the banking system has taken from us, so why all the focus on it? Oh, because someone wants Romney to be president. Not saying I like Obama either, but seriously this is such a trivial thing to be complaining/arguing about.
I think it's more about the shitstain that put Solyndra together , Kaiser(?). He was hanging with Choomboy at the White Castle
Ever heard of privatize the gains, and socialize the losses?
"Oh no we lost money in ONE company..."
How many do you want me to reel off?
Theres LightSquared, Fisker, Solazyme, A123...just off the top of my head.
///////////////////
Ener1, Evergreen, Beacon Power...pant pant pant ;-)
Unexpected.
Oh hello, you say your with the IRS, you say your looking for my tax return...Fuck You, go talk to all the fucking green bullshit companies that were given money...that is where my tax return is MF'er.
It's pretty easy to understand if you follow the money trail. Just like every other collapse the trail always leads back to the cephalopod ...
"Goldman Sachs Group Inc. which Solyndra hired in 2008, helped propel the solar panel maker from Silicon Valley start-up to White House showcase. It solicited investors for the company with rosy valuation projections and helped Solyndra win a $535 million Department of Energy loan guarantee. And it positioned itself to earn underwriting fees if the company held an initial public offering."
http://www.marketwatch.com/story/how-goldman-played-key-role-in-solyndra...
I wish the US government had never invested in that whole "internet" thing, what a waste of money, they just basically gave it away in the end.
They are funding Nuclear Power Plants built by TEPCO instead.
... Plants built by GE ...
fify
A for effort.
In this financial world, thats a plus, right?
Again, this is my surprised face-
- -
-
Yo can I get a shout out to B-cups?
When you look over the list of entities that will recover from the bankruptcy you'll note a few of Chinese 'investors' right up there at the top of the list. So they get their investment back, which they financed with USTs anyway, and they get any technology that's worth a shit. I'm thinking treason on the part of some to-be-unnamed high government officials.
This cuntry is pathetic.
Company I used to work for went to the Solyndra auction and bought a whole shitload
of equipment- all top of the line.
I told the boss he was paying for it twice.
No worries, I'm sure The Supreme Charismatic will go on "The View" to clear things up. The Supreme Charismatic could dance live with Whoopi and Behar! Wow! Wouldn't that be somethin!
peanuts compared to the F22 no one wants except the contract holder. Nothing compared to a war in Irak where 1000 times this was lost. 1000x left sitting because it was too expensive to bring back, and 1000 times this was spent on bombs and shit that was totally wasted.
priorities anyone?
That demented asslick Biden says the green energy fails amount to only 4%... I have never heard of any winners... and methane from Moochelle's big ass does not count! Did Biden's hair really come from the ass of an elderly Yak?
I think that you meant to say 'sodomized'
This is the only thing that he can think about.
How much did the country lose in the Bank bailout?
How much has the country lost in the two wars, one of which is still going on?
How much have we lost by subsidizing the big oil companies?.
Atleast the country is trying to get a new wave of technology going. Not sitting on its ass and letting other countries eat our lunch. Mitt does not care because he and other very wealthy guys are invested externally. America owns the internet, networking, aerospace technology, computer industry because the govt funded and supported these for a long time. we just saved the auto industry and it will have another chance to employ people and produce products that people want. There is a salary discontinuity that America needs to manage while wages move up in other parts of the globe. right now the outsourcing of high tech jobs to india is reaching a tipping point because the costs have moved up so high over there and we can get the work done more efficiently here without the additional overhead and costs.
Vendors are getting 90% ? Note to self; always sell to govt financed schlock operations at 120% of the normal price.
Got any others there on the list that haven't filed yet? I have my UCC filings ready to go.