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Another Popular Name Emerges In The Solyndra Scandal
This scandal is rapidly becoming the gift that keeps on giving...
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.”
Designed specifically for commercial, industrial and institutional rooftops, Solyndra’s proprietary photovoltaic (PV) systems generate significantly more solar electricity per rooftop at a lower installed cost than conventional flat panel PV technologies. Further, Solyndra’s PV systems are fast and economical to install due to the simple horizontal mounting and unique air-flow properties of the solar panels. Solyndra’s panels are fully certified for U.S. and international use and have been commercially shipping since July 2008.
The guaranteed loan, expected to provide debt financing for approximately 73% of the project costs, will allow Solyndra to initiate construction of a second solar panel fabrication facility (Fab 2) in California. On completion, Fab 2 is expected to have an annual manufacturing capacity of 500 megawatts per year. Solyndra and DOE will finalize the transaction upon completion of definitive documentation and satisfaction of certain conditions precedent. Over the life of the project, Solyndra estimates that Fab 2 will produce solar panels sufficient to generate up to 15 gigawatts of clean, renewable electricity–enough to avoid 300 million metric tons of carbon dioxide emissions. Further, Solyndra estimates that the construction of this complex will employ approximately 3,000 people, the operation of the facility will create over 1,000 jobs, and hundreds of additional jobs will be created for the installation of Solyndra PV systems, in the U.S.
“DOE, in consultation with independent consultants, performed a thorough investigation and analysis of our project’s financial, technical and legal strengths,” said Dr. Kelly Truman, Solyndra’s Vice President of Marketing, Sales and Business Development. “We are proud to be the first company to pass this comprehensive review, and we would like to acknowledge the exceptional efforts of the staff of the DOE Loan Guarantee Program Office.”
Goldman, Sachs & Co. acted as exclusive financial advisor to Solyndra in connection with this loan guarantee application.
Anywhere you look... Goldman has already been there.
And in tangential news, attached is the just filed engagement letter with which a bankrupt Solyndra will retain Imperial Capital at the cost of $150,000 per month (this is cash that is immediately leaving the estate, thus minimizing recoveries to US taxpayers), a $1 million confirmation fee, a $1 million sale fee (the two are not exclusive), a 1%/3%/5% financing fee (i.e., Imperial arranges follow through financing, although good luck with that), and so on. In other news, should this bankruptcy stretch for more than the usual 1 year period from filing to emergence, US taxpayers will be on the hook for another roughly $3 million, in order to hire a banker whose ultimate value added will be an "orderly" liquidation of the company. What is amusing is that $150k/month was the going rate when bankruptcy firms still had business, and it was a competitive field, unlike now, when even a $10 million debt side assignment gets pitchbooks from Greenhill, Lazard, Rothshild and Blackstone. Perhaps the judge on the case will be so kind to show some fiduciary responsibility when it comes to disbursing taxpayer capital to retain a useless advisor.... even more so that Imperial somehow believes that it should not even be subject to an expense "(including, without limitation, reasonable attorneys’ fees, travel, lodging and meal expenses, messenger services, duplicating services and other customary expenditures)" cap: gotta love using those G-VI jets on the taxpayer's dime.
h/t Jeff
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It's too good to be true...or too evil to be true...or both.
Dear Goldman Sachs,
Please remove your blood funnel from our collective asses. Our money is almost gone anyway. Your prompt attention to this matter would be most appreciated.
Thank you in advance,
America
Dear Steevie Chu, your "nobel prize" is as valuable as is your president's. Stop trying to paint all roofs white (OT-How racist is that?), stop funding migrant-bird homogenizors, stop putting toxic wastes through government subsidized fabz into the ground.
Stop building solar panels that cost USD 6 and sell at USD 3.
Stop feeling good for your "efforts".
- Ned
{not even the snip of a dream that the DoE could be economically 'effective.'}
this whole deal stinks. There are thousands of businesses out there that just need $25,000 - $50,000 maybe $100,000 to take things to the next level. Real businesses that started in someone's basement or garage. Proven success through hard work, trial and error, blood and tears. This is how a business is created and grows. How many times do the central planners of the world have to fail before people wake up.
A-fuckin'-men
Obama's Teapot Dome, couldn't happen to a nicer guy.
The squid that keeps on giving... I feel so good that part of the IRS cheque that I just wrote is going to Golman Bonuses... the sole purpose of my life, of my hard work is to continually fund Golman Bonues... Amen.
The interesting thing to watch is how Fox is flogging this bitch like a cheap ho, and MSNBC won't go into depth on any aspect of it. Fair and balanced! Keep the citizens divided as much as possible with mis/no information.
How about this for a wild thought..
I heard rabid liberal Democrat Congress person Jan Shakowski (whose convicted felon husband wrote the book Obamacare was modeled after) respond to the questions about the investigation on the radio yesterday and it struck me as odd that she did not respond in her characteristic sycophantic Obama is messiah and master manner.
That got me to thinking.. What better opportunity could an anxiety ridden Democrat leadership have to throw a politically doomed incumbent under the back of the bus?
It would be a twofer – a scapegoat for all the current problems and a fresh new distraction for the electorate courtesy of a genuine crime intolerable to Democrat party sensibilities.
Hillary 2012!!
LOL stop scaring me, it's scary enough driving by two brand new Solyndra buildings in Fremont, that are barely even landscaped, and they are already chapter 11. What a scam.
Next years Fall Fashion "must have"? Cankles!
I totally disagree with all the negative votes. Can you imagine the theater of a Hillary challenge to Obama in the Dem primaries? Bring it on.....
She blamed the Department of Energy but the Dems are definitely down on Barry this week.
RAAAACIIIIIIIIISTS!!!!!!!
Yup.
Sorry, man, Owe-bama's plan is to run all the little guys out. Like "dust control on farms" and requiring CDLs for farmers, regulate them to death so only the mega corps survive. Its more efficient to "bundle" "contributions" from fewer email addresses.
Collectivizing the farms has worked so well in the past.
Communism by the back door.
Good analysis comrade Rodent! Now if the Central Committee can only get the unemployeed polatariats to work the collectives for the benefit of Mother Amerika. Hummm. Maybe it's time to populate the FEMA gulugs comrade.
You don't get it do you? It's not communism that has taken over the USA, it's fascism: big government + big business, happily ruling together over little us.
greedion.com
Unfortunately, it's not even that simple. Even so-called communist nations are controlled by a fascist oligarchy. "Communism" is a tool for oligarchies just as all other forms of government are.
This is splitting hairs, but is this fascism (government using pet businesses to further their agenda) or crony capitalism (big business using their pet government to further their agenda)? I would argue it's closer to crony capitalism. We're replaying the 1890-1930 period in the US nicely. In either case, it's not communism, because noone is claiming they are acting in the interests of the future of mankind. We are all quite clear it is about self-interest. Even TPTB are not claiming otherwise.
don't sweat the details.
its all totalitarian statism. just a difference of how they pick who gets a seat at the table. and its never the people.
As Lenin knew: control food and you control the people.
Fewer interest groups are easier to control than the disparate masses. It's all about control.
CDL for farmers means you must submit to random drug testing at your own expense, and pay for the license year round when you might haul grain 10 days a year. Also, if you got busted cornering light on that truck (you use 10 times per year), in broad daylight, it is a federal offense. (no exageration)
"Dust control" is just a new permanent search warrant for your operation. They used to be able to have free reign on your property if you bought so much as a gallon of pesticide. So most guys now just pay the service company to do it. But that meant .gov had no reason to check out your bins. People think it is monsanto going after people who "re-use" GMO seeds, which is bunk, because they always had the ability to make the product sterile.
The weird thing is. farmers are generally the people you you dont mess with in a society. because a) they are mostly milquetoasts. b) they grow your food.
There are thousands of businesses out there that just need $25,000 - $50,000 maybe $100,000 to take things to the next level. Real businesses that started in someone's basement or garage.
Like mine, that started out of the trunk of a 92 Buick Regal. But I don't want a fucking thing from the government. I just want them out of my way and out of my ass.
Freewheelin - Don't even think about it dude. Keep growing on your own. Do not take a loan for crap unless it is short term. Like 6 months. Keep your money in a $5K fire proof safe and out of the bank. Up your home insurance to cover your deposits. Operate off of pure cash or an American Express you pay off every month. Don't put someone elses name on your efforts. Besides, going all cash transactions you will find buys you better deals in the real world. P.S. don't forget to invest some of your profits in gold and silver. You will be amazed at how fast your real wealth will grow being debtless. Good Luck brother!
The paperwork for a $25000 loan requires $50000 of legal fees.
And that's the latest hassle with owning a small biz. You have a flashing IRS target on your back. My accountant says they are pouring over '08 returns (the last profitable year for most), and stepping up the number of audits. Best to stay under the radar as much as possible.
Time to stay just under that next tax bracket.
samslaught, it is (even) worse than that.
The "next level" has been obliterated for small business.
The "next level" is now completely undefined, but it involves hunkering down more than it does grandiose plans, for most.
There is fiscal suicide in the wings for most small business chomping at the bit for "just another 25k and we'll go to the moon!"
Awareness -- bad for business, bad for the e-con-o-my,
good for reality --
and we gotta get over that reality hump before we go anywhere north.
I work for one such company. We need to hire 5 more developers this year alone but we can't do it without some cash. We're on a rather steep growth curve with regards to how fast we're acquiring clients but we're short staffed. I've requested those 5 more developers but will only get 1, MAYBE 2 (a junior) and they could probably do with hiring some training/implementation people to go along with it. Man, If we could get 1MM in capital, it would be a bonanza at the office.. we'd ROI that in 1.5 years.
It would be nice to not have to pay 47 mother fucking percent in taxes just to run the biz. When I was contracting, tha'ts why I paid out in taxes. Nearly half.. that's seriously fucked up. I stopped contracting after 3 months. It was a waste of my time.
You're lucky to be in a growing industry, whatever that may be. Because everywhere I look, I don't see ANYONE doing well. Man, it's getting rough out there.
Lucky is putting it lightly. I landed this job by grace of God. I was up looking for jobs one night, literally falling asleep at the laptop, hand still on my mouse.. eyes rolling to whites.. I woke up, and as I did.. I clicked a link on the jobs page I was looking at. Some obscure fucking job that I probably never would have clicked on to check out.. I took a chance, sent the resume' in, had an interview and told the owner the truth about what he has; I was no bullshit and very candid. Hired me a few weeks later.
Here's what I told him in the interview after he said they wanted me to build their product (v2.0) in a year. "It won't happen.. no, let me rephrase that. "I" can't do it. Not alone.. it's a 2 man, maybe a 3 man job minimum. Sure, maybe if you had some kid out of college, no wife, no kids, no other responsibilities and all he wanted to do was code for 18 hours straight and drink mountain dew..yeah, you might get something out of it, but I love my kids and I hate mountain dew."
Sure, I was handed some major pile of sphaghetti.. but I'm working. Who says telling the truth doesn't spell "WIN" sometimes. I just happen to be sitting in front of a guy who respected the truth instead of some bullshitter who just wanted to land a check. Did I wan't the job? hell yeah.. but I wanted it because I thought I could make the product into a competition crushing application not because I was desperate, even though I was. Now I just need to pace myself as well as convince them that they are now a software company. The latter is proving difficult ;)
Reminds me of the job interview I had a year ago. A Huge car dealership wanting to take thier internet site to the next level. I flat out told them they needed a internet manager AND a coder, and I would be willing to take much less of a salary to make it happen and to do it right.
I think I lost the interview when they asked me "Who do you admire in buinsss?" I very quickly said "It sure wouldn't be Warren Buffe'. that criminal ganster. All thier eyes went wide open. Ooops: )
Anyway they did end up hiring two people for the job.
But I am much better off at the "new" job I have going back to working for a magazine business I started in 1995. My wife needed the help BIG time to continue to grow. Thank GOD we're in Lincoln, NE and we OWN the category were in!
Yes!
they don't make campaign donations over $100. Get real. Obama is a man of the people.
Funny s--t that is.
Winner winner chicken dinner. Well said!
Actually this is a classic combination of mid-western old-boy politics/money filth, a dash of silly.con valley "pitching" and of course the classic failure of crony capitalism.
Interesting thing, I was in the valley back in the day, very much in the thick of the old-boy, VC playas. The dumbest, smoothest speaking bunch of folks you could find. momentum chasers of the worst kind.
What they called deal flow was simply, I'll scratch your back, you blow me and we'll co-invest and call it quits.
And they kept choosing their own ilk.... more empty suits.
I've said it so often here, I'll say it one more time for good effect, there is a way out of this technological mess that does not need multi-hundred-million dollar financing to creat absolutely "Holyyyyy SMoke", paradigm shifting products that actually work. For us.
This tech has left us eviscerated as humans, what I'm proposing is enervating.
But you've all got your blinders of "engineering training" and "mathematical certitude" and newtonian mechanics on too durn tight!
Loosen up, anything that keeps on tightenign will ultimately snap!
ORI
The Answer is There for Anyone Listening
jefferson liked farmers and small towns. he didn't like cities. gee i wonder why. now the children of the farms, leave as soon as they can and move to the city, where the action is, doncha know. in their thirst for "life" they forget about the good things and the simple things that they left and most importantly, they forget about their duty as human beings to continue a tradition that is so important to america and to the world. my grandfathers were both farmers. i knew the farm. i went to them often. as a city boy it was a refreshing change. my grandfathers were simple hard working men of the soil. they grew their own food. they had their own water wells. when something broke, they fixed it. above all else, they were men of respect and they were called mr by all who knew them both old and young. when they shook your hand the deal was done. there was no need for a contractual arrangement. now monsanto grows my gm foods and i am supposed to be happy for that. back when i was young, the people on the farms, were simple men. yet they had wisdom and when they talked we listened because they had much to say. my country is dying now. i hate to see it. we have such wonderful traditions here that are dying. in this day of gray, oh how i long for black and white.........
this is how i was raised...jefferson is rightly regarded as a genius
jefferson was a complex man, hard to read. but he knew "them" like he knew himself and he knew what we needed to do as a nation to survive. but . we didn't listen did we?
Jefferson, certainly an uncommon genius, has sometimes been overrated.
for instance, it is not well documented that he was a perpetual failure at farming,
and though he boasted of a plantation of more than 2,000 acres,
and a labor source of over 140 slaves,
he still could not figure out how to turn a profit!
Not to mention that, in recent years, it has come out
that the man who gave us the phrase "certain inalienable rights, among them life, liberty, and the pursuit of happiness"
had an ongoing affair with one of his slaves, lasting decades, producing many children,
yet even in his will he never granted her her freedom ....
Agreed. He is not one of my favorite founding fathers. He spoke well, but did not always walk the walk.
Kinda like when bill cliton got elected. The MSM would call him a hillbilly. Hillbillies everywhere were genuinely offended at the comparison.
That relation with a slave story is academic bullshit. Prove it. Even if it is true, it proves the point that he did believe all men and women were equal. If he was the racist bastard our government educators want us to believe, he wouldn't have dreamed of having sex with a slave. It being true or not does not change the fact that the man was a genius in many ways. He couldn't succeed in farming? Who gives a shit?
Those wonderful traditions will continue, silently, and then return with vigor.
Because they must.
Because the nightmare created by the self-absorbed will be relatively short lived...
and when they, the self-absorbed, are finally backed into the corner of their making, with no tools-of-mass-sociopolitical-destruction at their disposal, spent, squandered... truth will prevail, I'm quite certain.
Fortitude is the word, I think. Hang in there.
When Control has failed, and it will, simple, traditional values and traditions will rule the day.
The alternative is turmoil, for a century and more, and I believe we're not prepared to find that acceptable. (And that is a good thing.)
So...summary of the link: ORI = all hat, no cattle.
Sorry ORI,
I went to your blog and looked for "the answer is there for anyone listening" and found only more questions. If you are not going to publish it, patent it or produce it, there is not much to talk about.
Dirtm, when you dig for gold, do you send out a geoligist to look for veins of metals that indicate GOld must be below or do yuo look for gold on the surface? Hmmm?
it takes digging. For the right mind, who clearly has not read what I HAVE put out, there are more than enough hints that there is gold there.
And the patent process in the US especially is totally corrupted and humongously expensive and hardly ever worlds for the single inventors interest.
It will take one incisive mind asking oen key question.
That is why I continue to mine here, in the face of lot's of pushback, because I don't knwo a better collection of minds on the net.
So far, almost zero! All I've got is doubts and clearly not much deep inquiry.
You think I should just publish it all eh?
This is my background...... I know exactly what I'm talking about.
http://aadivaahan.wordpress.com/about/
;-)
ORI
There is no such thing. You are not from the midwest and you don't know what you are talking about. Old-boy BULLSHIT is an import.
Migrant bird homogenizers! LMFAO!
I thought greenies liked migran birds.
Apparently they like them best pureed!
GS = Government Suckholes.
They can't do anything without the gov't in their back pocket, rigging markets and gaming the landscape. Proof is their Alpha debacle. Round 2 shut down because they're incompetent.
The short little bald fella running Government Suckholes is in trouble anyway, so only a matter of time.
For an Obama Stimulus plan, this is actually pretty good.
"Further, Solyndra estimates that the construction of this complex will employ approximately 3,000 people, the operation of the facility will create over 1,000 jobs, and hundreds of additional jobs will be created for the installation of Solyndra PV systems, in the U.S."
That's over 4,000 jobs for $553 million. That's 4,000 more than the $787 billion stimulus plan
<sarc>
I love how not once in that memo did they mentino any level of demand that would justify building a second facility. Seriously wtf. It would be difficult to burn through that much money as quickly as they did even if it were your sole intent. As others have mentioned this is the gift that keeps on giving. Solyndra, thanks for stealing our tax payer money in order to bankrupt yoru company in record time. It will truly be a pleasure paying your unemployment benefits of your 3,000 workers for the next 99 weeks.
It is easy to burn through that much money when senior executives are taking home huge pay packages. Where the hell was Obama's "pay czar"?
Busy payin' a taxpayer behind the woodshed?
Regards,
Cooter
Have you seen the price of Bentleys lately??
Makes one wonder how much foresight went into the tne new "Jobs" proposal...
All rational business decisions go out the window when you have government funding. It's a law, not a theory. LOL
That holds true in other areas, however. I direct your attention to the dotcom era and the fairy dust financing therein. It's not the source of the funds that matters; the use of the funds and accountability are the mitigating factors that create a good investment. It appears that both aspects were missing in the SolyndraGate situation.
"you must GRANT THIS LOAN!"
Yes, they've been there and left a familiar odor.
Tell tale ink stains from the vampire squid!
Time for some fried calamari scattered with salt, cracked pepper, with fresh lemon squeezed over it and then dipped in garlicky aioli. Cannabalism never tasted so good!
Goldman is everywhere. Goldman insinuated the time bomb we call Greece into the European Community, hiding all the while the debts that would bring down the EC.
I could fashion a scenario in which Goldman was a CIA/Israeli front organization intent on destroying the euro.
Golman and their ilk would take a pair of pliers to their Mothers gold tooth at the funeral.
Morality is not their concern. Mortality might be.
Yes, they would rather eat their own children, than part with bonuses, and they're very fond of their children...
Yes yes, I think you're onto something here. Goldman can't prove they aren't a CIA/Israel front. We must have an independent investigation to get to the bottom of this.
The CIA/Israel are Goldman fronts.
fixed it.
Goldman controls the U.S. Government and Mossad controls Goldman.
No intelligence service controls the oligarchs. It is definitely the other way around. The Mossad is a tool just like the CIA and the rest.
That SAT chart from yesterday becomes more clear with every comment.
Don't include me in that SAT stuff. I went to university for 11 years, dude. Three degrees.
I only said, "I could fashion a scenario...."
Scenario.
That's all I said.
Still, Greece was in fact a time bomb. And Goldman did in fact hide Greece's debt problem so as to facilitate its entry into the EC.
Goldman knew Greece was comitting what I can only call sovereign fraud [which I think of as one sovereign committing fraud on another, not everyday fraud which every extant sovereign commits against its citizens every day, esp. the US].
I'm happy to give you the benefit of the doubt and believe you were making a joke and/or being sarcastic. Also, if you follow the thread and all the indentations, you'll see to whom my post was a response. It wasn't you and your "constructed scenario". It was someone who stated with authority something about which he knows nothing.
The ignorance of some posters here is sometimes amusing for the things they do not know. The bigotry and racism, however, is never amusing.
Exactly how doesn't this classify as financial terrorism?
Oh I forgot. The politicians have been bought off. Totally different.
Anything that makes me rich is national security. Anything that makes me poor is terrorism.
The systems of corporate financial security, enforcement, and investigation are also under Zionist control. Despite repeated warnings, indictments, and violations of the law by A.I.G., the heads of the U.S. Treasury and Federal Reserve Bank called for the U.S.
taxpayer to bail-out these corrupt and criminal enterprises.
The key player in this huge and historic bail-out was Ben Shalom Bernanke, a dedicated Zionist who spent summers working for a well-known Jewish criminal who controlled elections in Dillon, South Carolina.
Maurice Greenberg, the disgraced head of the criminal A.I.G. and chairman and CEO of C.V. Starr & Co., Inc., testified before the House Oversight and Government Reform Committee hearing on "The Collapse and Federal Rescue of A.I.G. and What It Means for the U.S. Economy" in Washington, D.C. on April 2, 2009.
The Securities and Exchange Commission accused Greenberg of numerous improper accounting moves between 2000 and 2005.
The false accounting amounted to more than $5 billion and resulted in A.I.G. paying more than $1 billion in fines. Greenberg was personally fined more than $130 million in August 2009 from the SEC case and a lawsuit filed on behalf of defrauded workers in Ohio. Maurice "Hank" Greenberg, a devoted Zionist, will certainly go down as one of the greatest criminals in history.
An immense amount of taxpayer money, some $180 billion, has been poured into the financial black hole known as A.I.G. This is roughly equivalent to taking $600 from every man, woman, and child in the United States and using it to prop up (or absorb
the losses of) the criminal and fraudulent financial/insurance structure built by Maurice Greenberg.
The profits made by Lehman Brothers and A.I.G. have gone into private off-shore accounts, while the debts and obligations have been passed on to the U.S. taxpayer.
These companies were looted and plundered and then allowed to collapse. Once again, the rubble and costs were forced upon the American people against their will. The American public was shown to be 1,000-to-1 against the Zionist bail-out.
The fact that the first plane that hit the World Trade Center flew directly into the secure computer room of Marsh, a company run by Maurice Greenberg's son Jeffrey, is just one of the most obvious connections between these two catastrophic events.
Ptech's dodgy enterprise software is another.
?http://www.bollyn.com/public/Solving_9-11_-_The_Deception_That_Changed_The_World.pdf
don't go down the list of criminal joos or you might get junked. lulz
Michael Chertoff, an Israeli-American orthodox Jew and devoted Zionist, headed the criminal division of the Department of Justice from 2001 to 2003. From this position, Chertoff -- whose mother was an Israeli intelligence agent -- supervised and controlled the non-investigation and destruction of evidence of 9-11.
Michael Chertoff, an Israeli citizen and son of the Mossad, oversaw the destruction of the evidence from the demolition of the World Trade Center as the head of the criminal division of the U.S. Dept. of Justice.
The Zionist-controlled media promoted the preposterous and unproven theory that Osama Bin Laden and his twenty hijackers had carried out the attack from their headquarters in Afghanistan. The United States went to war against the Taliban regime in Afghanistan based on unproven allegations and false evidence as the real evidence of mass murder was furtively being shipped to various Asian ports where it was destroyed in smelters.
Larry Silverstein and Frank Lowy received huge pay-outs from the insurance companies. The American people and U.S. taxpayers were left with a pile of incredibly hot rubble and an immense price tag which continues to grow with the passage of time. Seven years later, to the exact day, two immense pillars of the financial world collapsed in a strikingly similar fashion. These two columns were Lehman Brothers bank and the American International Group (A.I.G.), managed and controlled for decades by the very same Maurice R. Greenberg.
Like the twin towers, both companies were thought to be too large and powerful to simply collapse, but collapse they did. By September 11, 2008, these companies seemed to have lost both their foundations and core columns and were in a state of free fall. Investors pulled their money, and global panic ensued. Like the Twin Towers, both Lehman and A.I.G. were Zionist-controlled organizations.
What other groups are you bigoted against? You beat your wife and kids or just your pets?
Is D.P quoting facts, lies or half truths?
half truths in that he left off a boat load of names.
After the undie-bomber attempt on Christmas 2009, Former Homeland Security secretary Michael Chertoff (dual Israeli/US citizen and co-author of the USA PATRIOT Act) went on a media tour promoting the use of these scanners, without disclosing that he was getting paid by Rapiscan, one of the two companies currently contracted by TSA to take a nude picture of you at the airport.
Michael Chertoff = Chertoff Group = Rapidscan = TSA full body scanner
i would like to know who it was that got that useful idiot underwear bomber on board that plane in amsterdam. that couple from chicago that were doing all of the talking have been silent now for a long time...........hmmmm
I heard that couple on a radio show months ago. I recall them saying that they were first ignored by the FBI and other agencies, then were harrassed so much by gov't officials for their comments when they wouldn't keep quiet, that they were leaving the USA and expatriating somewhere. Maybe they are sitting on a beach in Panama?
No doubt this was all planned. Certainly the Patriot Act was written well in advance, and the climate of fear following 9/11 was the perfect pretext for getting it implemented.
But what about choosing not to fly as a form of resistance? No passengers = no need for flights = no need for security. It's not exactly rocket science, but TSA only exists because travellers have been putting up with the invasion of their liberties. I haven't flown since 2002, and I plan to keep that record going.
Partly tongue-in-cheek here, but I'd much rather have a con-artist detector than a full-body scanner.
I refuse to fly now too. Fuck that. No asshat is going to molest my daughter.
Good for you!
It has always struck me as crazy that parents are now regularly forcing their children to get intrusive pat-downs - or worse - millimeter-wave scans. What are these people thinking?
I'll add one Rahm Emanual whose father was a member of the terrorist organization Irgun.
justifiable discussion is not about bigotry. do you mind if someone discusses the facts of the situation? if this was europe or canada or australia, many of us would be in prison already for talking about this stuff. they want to do that here. they have been trying to get hate laws passed. every year they try to get these laws passed so to squelch all discussion on the internet and anywhere else.
I see all the signs of another holocaust in the making.
http://www.simpletoremember.com/articles/a/HistoryJewishPersecution/
think so huh?
"I see all the signs of another holocaust in the making"... in GAZA!
US blacks could end up taking some heat also, before this is all over.
Enough already with the ridiculous anti-Semitic bullshit. So many people on ZH have such insightful things to say and too frequently discredit themselves by getting sidetracked by this crap.
Junk me if you want...whatever. I'm a lapsed Catholic for what it's worth. But enough already, please.
the only group extant that has convinced people that they can't criticize or judge them.
Well if the following doesn't call into question the sanity of the poster, I just don't know what to say...
"The fact that the first plane that hit the World Trade Center flew directly into the secure computer room of Marsh, a company run by Maurice Greenberg's son Jeffrey, is just one of the most obvious connections between these two catastrophic events."
Seriously?
Criticize and judge all you want. I do it too. But my point is that the notion of the vast Zionist conspiracy is somewhat far-fetched and conveniently ignores that the Jews haven't exactly had what I would call an easy run over the years. Jeez...
When asked ten years ago what the 9/11 attack meant for relations between the United States and Israel, Benjamin Netanyahu, replied, "It's very good.... it will generate immediate sympathy."
anti-goyism > anti-semitism
I agree Jews haven't had an easy run, but that's no excuse for making money off of holocaust. Jews are the new masters and they are brutal, cruel, corrupt as any. Time for regime change. that means getting rid of bad zionists amongst Jews, but Jews protect their own.
We will see who is the racist group when palestine submits their bid for statehood and only US and Israel will say no.
Criticize Israel first!
Hi LarryDallas.
Pierre's sanity has long been absent.
I agree with you about the vast Zionist conspiracy. It's just everyday bigotry against Jews cloaked as some sort of high-minded, self-informed, can't-fool-me, counter-contrarian theory.
If it walks like a duck and....
Bigotry.
The problem with bigotry is: by the understood but unarticulated definition, Jews and blacks are incapable of it.
Worse, I do not believe many folks in this thread understand the definition of anti-semitism. No one here is suggesting hatred for Jews based on their heritage, religion, or ethnic background. If you don't even know the definition, please do not make the accusation.
The two-state solution in the Middle East, which was stated US policy and a cornerstone to the peace process suddenly became null and void ten years ago.
Was this the real reason for 9-11?
Was it carried out to create a condition of war, based on lies, deception, and fraud, that would distract and obfuscate attempts to reach a two-state settlement, which seemed within reach just before September 2001?
Was it designed to allow Israel to continue its unilateral goals of further expansion, to create a Greater Israel that reaches from the Euphrates to the Nile, ethnically cleansing the land of its original inhabitants?
Has the US established, in the Green Zone in Baghdad, a base to conduct future operations to assist our Zionist ally with her future expansionist conquests?
Do we have more than one policy here?
As observers of history and geopolitics, it certainly makes more sense now than the ridiculous, "They attacked us because they hate our freedoms" rubbish.
As you read Christopher Bollyn‘s
Solving 9-11: The Deception that Changed the WorldYou will understand just exactly who and what foreign political interest actually attacked us on September 11, 2001.
These foreign political interests with their traitors... (George Washington referred to these types as tools and dupes)... inside our U.S. political establishment attempted to deceive us in order to pursue their foreign-sponsored political will and expansionist policies in the Middle East.
As you read, the real perpetrators of the 9-11 attacks will become apparent, and they will be identified. The motive will become clear, and you will see this peg as a natural fit. You will understand that our country is filled with ambitious, corrupted, and deluded citizens (in positions of political power, office holders, judges, the press, etc.) who devote themselves to the foreign nation, and have sacrificed the interests of their own country, with popularity, gilding, with the appearance of a virtuous sense of obligation.
You may even find yourself supporting a new investigation into the attacks of 9-11.
if the united nations votes to allow the palestinian state, i am not sure what the terrorist state of israhole will do. they are making bad noises now. these maniacs are capable of doing crazy things.
everyone would do well to listen to this syrian guy talk about israhole's sampson option. here he talks to one of the many "helpful" jews that have came out of the proverbial woodwork so to speak, the last few years. trying to help the truth movement, doncha know...........hmmmm....
http://www.youtube.com/watch?v=QmJl2_9a4q8
@ LarryDallas, I'm with you. From my perspective, all these posters expressing vehemence towards Jews as an entity reflects a narrow pre-existing focus, kind of like when you buy a car and all of a sudden you see them everywhere. Jewish people in general value education, enterprise, and entertainment. Given their miniscule slice of the population, both in the U.S. and globally - they have made a surprisingly big mark - so they naturally become targets. And yes, there are corrupt and greedy Jews, just like there are corrupt and greedy proclaimed Christians, Muslims, Hindus, etc. There are also radically progressive Jews, and ones who have fought vigorously for "the small people" and against the tenacles of big business. Keep in mind that Bernie Madoff primarily screwed over other Jews. That people focus on the Jews over and over as having some mysterious power is a mystery, though I think it is because they are so prominent and "successful" overall.
Here is a sampling of who the anti-Semites would prefer never have been (at least as Jews) ....
Jon Stewart
Bernie Sanders
Noam Chomsky
Eliot Spitzer
Joseph Stiglitz
Russ Feingold
Al Franken
Paul Wellstone
Albert Einstein
Jonas Salk
Spinoza
George Burns
George Gershwin
Isaac Asimov
Woody Allen
Jerry Seinfeld
Leonard Bernstein
Carl Sagan
Ayn Rand
Steven Spielberg
Elie Wiesel
Arthur Miller
Aaron Copland
Sigmund Freud
Houdini
Helena Rubinstein
Lauren Bacall
Marc Chagall
Benny Goodman
Saul Bellow
Kirk Douglas
Jerry Lewis
Michale Landon
Barbara Streisand
Neil Simon
Bette Midler
Tony Curtis
Stanley Kubrick
Allen Ginsberg
Billy Chrystal
Bob Dylan
Art Garfunkel
Goldie Hawn
Leonard Nimoy
Madeleine Albright
Jerry Stiller
Rosa Luxemburg
Abbie Hoffman
Emma Goldman
thanks island........
Jon Stewart is a socialist scumbag, big-gob-for-rent, midget clearing house for Club Parasite propaganda toerag ...the fact he is Jewish has sweet nothing to do with it ...a snivelling little arsewipe is a snivelling little arsewipe whatever his religion
agreed. i mean look who he works for. do people honestly believe he has freedom of speech on his show? hell, he does what they tell him and says what they want him to say, like them all.
Thanks for emphasizing my point. Like every group of people, there is diversity and a wide range of perspectives among people who happened to be born Jewish.
Here's a nice analysis of the Stewart/Colbert 'restore sanity' rallies, which does a v. good job of revealing the truth behind their machinations:
http://www.youtube.com/watch?v=IQAaz4IvzXo
Strangely enough, ZH readers are quick to agree that Jon Stewart is a Zionist/NWO/mainstream tool, EXCEPT when he is used to interview Ron Paul and highlight how RP is supposedly being ignored by the mainstream. Hello?
I know many of you have a very strong emotional attachment to Ron Paul, but can't you stop for a second and think about how absurd it is for one part of the mainstream to claim that other parts of the mainstream are 'ignoring' RP? I am all for bringing our troops home, all for bringing back the gold standard, but I've learned my lesson from the Obama deception: these career politicians are professional liars. What's worse: RP refuses to question 9/11 and also fails to speak of our wars in the right light: it's not about bringing our troops home and having 'sensible' non-interventionist policies - it's about recognizing the fact that Obama and Bush are responsible for vast WAR CRIMES! Those f*ckers need to go to prison and we need politicians who recognize this, rather than focus on 'looking forward, not back'.
RP's milktoast and calming perspective on things makes me sick - won't you ZH denizens ever start to look outside of the Republican and Democrat parties? These are the two sets of blinders they use to limit our thinking and options. Who cares about the Republican debates? Who cares about what anybody in these two NWO parties has to say? All their positions and roles are scripted, and none of them are 'real'.
There are Jews and then there are Zionists. There are also Jews that support Zionists because they have been brainwashed. Kind of like a Christian supporting a so called Christian politician.
International Jewish Anti-Zionist Network is an international network of Jews who are uncompromisingly committed to human emancipation. To this end we focus on the struggle for the liberation of the Palestinian people and land. We are committed to ending Israel apartheid and colonization and to the right of return of Palestinian refugees.
Beginning with the struggle to dismantle Zionism and confront Islamophobia, we participate in local and international movements against all forms of racism, exploitation, and militarism, and for economic, political, social, cultural and environmental rights.
http://www.ijsn.net/home/
Anti-Zionist Jewish Protestors are attacked by an AIPAC conference attendee
http://www.youtube.com/watch?v=3dSHl3C9kgY
That's a really fantastic point. But you still have to judge people on thier reality. Israel forced germany to pay reparations even though most of the nazi's got caught and tried and punished. So it would be somewhat hypocritical to force people to differtiate between a bad jew and a good jew. All jewis people should be forced to pay reparations to the entire world for the actions of goldman sacshs executives alone.
It's only fair. If you are going to play games with psychotics why hamstring yourself to rules and regulatiosn that the psychotics themselves won't follow. I don't like germans I don't give a shit about germans. But just logically anybody can tell they got fucked.
I mean seriously. Do you think the SS is going to pay. No those guys were stone cold brutal murderous don't give a shit people. They ain't paying. Do you think you are going to get fairness from a murderous thug like Benjamin Netanyahu for the actions and abuses of the banking industry. These people spend every hour of every day trying to get permission or force compliance to slaughter people wholesale.
Nope the innocent always pay. I'm afraid those good hearted jews are gong to have to tow the line on this one.
This is fake post. Used to illustrate how jews always use hypocricy and hold everyone to a higher standard than they will hold themselves to. As for Germany get the fuck over it. Buy a fuck you jews I didn't do shit t-shirt or something.
And what happens after you finish paying a jew. They ask for more money.
http://www.haaretz.com/news/israel-to-seek-another-1b-euros-holocaust-in...
And you wonder how they infect societies with entitlement disease.
You think people who live by the sword are the problem. No the people wo live by the sword duel wield massive quanties of bullshit in the offhand.
Cyd Charisse.
Look at this: http://www.youtube.com/watch?v=yuJxYmJlEHY
Watch it three times. Did you even notice Fred Astaire?
By the way, in no way am I making light of your post. The anti "Joo" posting, that has become a far too significant part of the Zerohedge zeitgeist, is disgusting, diminishes the message of the site, and---frankly speaking---says a lot about lazy ass morons who need an excuse for their own ongoing abject failure at life.
"If only there were no Joos, no Illuminati, no Bilderbergers...why I'd be such a success in life and the ladies wouldn't be able to keep their hands off me!" Bullshit.
Thanks for your comment. I was hoping to keep scrolling on down for a continued discussion of Solyndra... that was the topic, was it not? I suppose a ZH article on ice cream would somehow devolve into a free-for-all about the Joooooooz or the 911 inside job. With the most vociferous being those who decry how the MSM is dividing the populace with populism, political division, and such. I'm leaving the article and going to search for something that makes sense now. Bu-bye.
Thanks for that. Fantastic clip, great dancer and lovely lady. Met her once years ago. She was a delight.
Funny place, this Zerohedge. Some posters get suspended for a light-hearted swipe at the site, while those who post this sort of racist wingnut drivel are most welcome.
Perhaps none of you have noticed, but ZH's reputation is falling faster than Tiger Wood's did two years ago.
"I could have been a contender"
Perhaps none of you have noticed, but ZH's reputation is falling faster than Tiger Wood's did two years ago."
Evidence, please? ...wait, on second thought, what would it matter? It would only matter if your opinions were merely shells reflecting the opinions of those around you. Do you really need the prestige of other people's approval before you'll evaluate a site's content on its own merit? Do you even know how?
You're right. It's just the echoes of people around me and with whom I communicate. They're just people who thought a strong, consistent and rational voice against the disaster that is the market and the economy now might help bring about change. While the site is not responsible for the bigots, racists and moonbats who have flown in, the fact that such types have become overly represented in the comments section hurts the site by their association. The free hand given some Contributors to espouse some of the more bizarre conspiracies also does the site no favor, because it gives those who might be legitimate targets of the site ammunition in their attempt to disparage it. Yes, that is just my opinion.
I humbly suggest most people here do not give a fuck about the reputation of the site. This isn't a popularity contest. If you and your friends do not like freedom of speech, you're free to never come back to the site.
Personally I hope Chindit13 stays around. I don't agree with him on many issues and I am probably one of the moonbats he is referring to, but he has extensive knowledge in many areas. He is a contributor and has been on ZH from day one. HE has some great posts and comments.
I feel the same way about Chin.
I don't think its healthy for everyone to agree on everything anyways. Truth must be subjected to fire in order for it to continue to be held out as the truth ;-)
"Let me introduce myself...."
Looks like the 'everyday american joe' is willing to see his/her country completely destroyed in open sight without a single shot fired in self defence.
Not the first time I've been in total agreement with you
Let's organize the first Goldman/fed/HFT/tptb strike in America. (we don't have to actually go, we can just organize it and order the picket signs for everyone else.)
BUBBA they are too busy watching the wrong shows :))) I guess they deserve what's coming to them my take is this country will be soon also looking like a banana republic it already is! No?!
Yup, we're looking more and more like Europe everyday. Just hope we keep our bathing habits up - wouldn't want to smell like'em too
I heard French girls started shaving their pits.
We're wearing them down.
they should shave their moustaches. :shudders:
Amazing how the smallist things work! Stinkey Pits on girls?! YUCK!!! Greece Yuck!!!
Bad example, dude. I'm in the States often on business, and I tell you Americans are several orders of magnitude better at stinking up bathrooms. I think it comes down to the diet.
Actually EscapeKey, I really just meant the comment for ChunkyMonkey up there. I think he's a frustrated, angry tranny from Paris who is really upset about his pee-pee implant.
And, let me clarify, that for whatever reason, I NEVER think of England or Ireland as part of Europe -- they seem too normal.
As for smelly poo-poos, I gotta agree. Although I think it has less to do with diet than just the audacity to actually take a crap in public!
heh
Hi Sophist.
Regarding your observation European "poo poo" smells pleasantly mild compared to that of their American counterparts. The answer is really quit simple.
You see, some folks have more "poo poo" than they need. In Europe, they've evolved beyond capitalism of the colon. Poo poo, as with property, is collectivised, distributed equally then to all European people. The bathroom burden is shared.
From each according to his ability, to each according to his need.
Most americans totaly deserve whats coming to them.
Sad but true. Just talk to the dipshits around you and your sympathy meter will quickly be pegged at 0.
(looking left. looking right. looking behind me.)
Yup, idiots.
Go'way batin...
@"Most americans totaly deserve whats coming to them."
Most Americans have been engineered to be the miserable people they became. Our schools suck on purpose (http://www.philipdru.com/audio/gatto.mp3), and our Zionist TV and movies teach people to value being self-centered jerks and to value stupidity and irrationality. We are all simply the result of our environment, which for the past century and a half has been overwhelmingly and purposefully corrupted by the vile globalist plans of the NWO, with its think tanks, predictive programming, criminal gangs and quasi-infinite funds.
Does anyone 'deserve' this? You look at the effect (people suck) and you are very quick to judge. I recognize fully that most people suck (including, IMO, self-centered 'better than thou' jerks who feel others 'deserve' misery and death), but I also recognize the cause of that suckiness, as well as the statistical inevitability of the NWO's actions: if you spread enough crap around, nearly everyone will end up very dirty. I see cause and effect, and I am fighting against the cause, while you seem to be content to sink with the rest while blaming the greater victims.
How hard are you trying to defeat this NWO? How hard do you work at waking up the people around you? If you are mostly failing at it, have you stopped to think about how your approach may be wrong? How much time do you spend trying to think up new ways to fight this vast conspiracy that besets us? I live alone and have no one supporting me (mentally / emotionally / etc.) and it's hard to keep going, day after day, and I feel bad for the many wasted days spent procrastinating, but I'm still trying my best and still pushing myself to do more.
Individualism and 'look after your own' has a small chance of protecting you somewhat against their future/ongoing crimes (economic depression, false-flag attacks, engineered weather calamities, mono-crops that will inevitably fail and lead to mass starvation, poisons in the water and food, etc.), but it does nothing to STOP THEM. It's only if we can act collectively and revolt that we can actually have a chance at a decent life, and 'they' have done everything they could to make collective action unthinkable. (Not that I'm going to let that stop me.)
Off you go then big balls, what are you waiting on, an army?
Did you forget tank man?
No disrespect, FMB 'cause you're spot-on, but they don't run these stories on Dancing with the Stars or the nightly news or the top of the hour news. just sayin' somehow, someway those who know what's going down need to start breaking the news to the sheeple.....course you're going to get a lot of glazed-over looks because it's "Football Time in America" and then the election for the next prez will start dominating everything.....
no doubt. i cannot believe we are so easy. i never in my wildest dreams figured we would go down so easy. but i never actually realized just how dumbed down and stupid amerikans are these days. george carlin said one time, that what they don't want is a nation full of people capable of critical thinking..........and "they" have achieved this one goal , among so many others, beyond their wildest dreams.
After the revolution, can ZHers get together some where?
keg beer , smoke , hookers and blow?
We need a ZH uniform patch to identify ourselves to other resistance fighters.
You mean a target for the Homeland Security contractors?
Special Prosecutor needs to be appinted. This case is too Big and too Hot to be handled by any Joe Blow who will most likely bow to political pressure.
Fear not, Eric Holder is on the case!
NOW I'm f'in scared...thanks for that...wanker.
Breaking News:
Chas Bono appointed as Special Prosecutor, after his horrendous fall in 'Dancing With The Dips - err, Stars'.
O/T. but whatever happened to Chastity?