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Watch History Being Made As Solyndra Execs Plead The Fifth, Confirm Failure Of Government Stimulus Program
Is this the beginning of the end of Obama, with impeachments and much more to follow? Today's pleading of the 5th amendment by Solyndra execs may be the starting point. Watch the live hearing below.
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on a comical side note - fox news debate poll that showed Ron Paul winning just disappeared down the memory hole
before:
http://www.prisonplanet.com/fox-news-poll-ron-paul-wins-orlando-debate.html
after:
http://www.foxnews.com/opinion/2011/09/22/who-won-debate/
fucking MSM presstitute sons of cocksucking crack cocain whore bitches
They really didn't change the way people are thinking. Futile attempts now.
Die-hard libertarians are going to have some explaining to do when their children are paying the price for their opposition to fiscal and monetary stimulus. It is quite astounding that despite the consensus among economic experts, libertarians still believe that their understanding of economics is superior. Among other questions, extremist libertarians should be prepared to answer the following questions that will innevitably be asked their children and grandchildren:
1. Why did you staunchly oppose the stimulus programs that according to almost all Ivy League economics professors were essential for America's economic recovery?
2. Why did you not do your part by spending and boosting aggregate demand?
3. Why did you cause a credit collapse by saving and paying down debt, when the economic advisors had specifically warned you against this in advance?
4. Why did you support racist fanatics like Ron Paul even though they had been completely exposed and discredited by the media?
5. Why did you refuse to support ANY of Obama's jobs bills?
I know what I will tell my kids. What will you tell your's?
Haha very good.... got a good laugh
Barack "For Sale" Obama. That might just leave a mark.
And as it happens, don't think that spotty libertarian college students are excused either. You will be held accountable for sitting on the sidelines while the rest of the younger generation were getting involved in the Obama revolution.
Troll.
ignorant troll.
No, it's performance art.
I'd tell my kids and grandkids to quit their bitchen, strap on the knee pads and go lay some tile. Or plumbing. Or fix a car, but for chrissakes learn a skill and do something of value. That something should please you and the client you help. We can't all be speculators. And I damn sure wont tolerate Trolls in my house.
http://midwest-mosaic.blogspot.com.
Like Buffet said, if we were but 100 persons dropped on an island with a sack of rice seed no infrastructure but arabale land and a favorable climate, the two fellows who decided they should trade rice futures would be the least valued in our society. In fact they would look mighty tasty while we wait for the harvest.
I'll add trolls would look mighty tasty too.
I don't understand a word you just said.
http://www.youtube.com/watch?v=UWmzMNck_z8
Good luck with that because Pedro will lay tile, paint, cut grass or whatever at 1/3rd what you kids will get paid.
You sir are an ass. What a fine excuse for laziness. Fear of Pedro.
Million dollar tongue in bonus cheek.
We have 10 USD and 5 apples.
$2/apple
+10 USD
We have 20 USD and 5 apples.
$4/apple
+10 USD
We have 30 USD and 5 apples
...$6/apple
Just because you add more currency doesn't mean you add more money. I don't know why keynesian's don't understand this most rudimentary fact of economics.
You worked the last one backwards, how cute. I'll bet you fucked up some Keynesian Economist on that the reversal. HAHAHAHa
J
You worked the last one backwards, how cute. I'll bet you fucked up some Keynesian Economist on that the reversal. HAHAHAHa
J
Video: Solyndra Execs Plead FFW to the 5th http://cs.pn/nuRhDY #Obama #ARRA #SolarGate
Fischer equation
MV = PQ
Balanced equation. An increase in M (money or in todays terms Currency) would require a correpsoning increase in either Price or Quantity.
Demand is not sufficient to warrant the neccesaary increase in capital Hardware or personnel so the price is the corresponding variable impacted
Fischer equation
MV = PQ
Balanced equation. An increase in M (money or in todays terms Currency) would require a correpsoning increase in either Price or Quantity.
Demand is not sufficient to warrant the neccesaary increase in capital Hardware or personnel so the price is the corresponding variable impacted
fucking idiot moron troll........what do these people get paid anyways? Must be damn good to say bltantly stupid shit like this all day.
Dude, he's kidding. Look at his nickname.
What I'm gonna do is printscreen your posts and show em to my children : see, that's how idiotic people were back then and that's why you have this burden on your shoulders.
Behold the future, thanks to retarded sheeps like you : http://www.youtube.com/watch?v=-iPXY-m2iZ0
fuck your mother you TROLL
I was thinking more road rage type event... dude stripping off belt after belt from his pickup truck mounted 50cal in this idiots head.
Dude, he's kidding. Look at his nickname.
I wanted to watch this, however, the democrats make it absolutely unable to be watched. These political clowns are just beyond irritating.
Here is the logic by the moronic democrat from mass.
Republicans block a bill that gives money for "green jobs." Therefore republicans are trying to "kill" the green industry.
Hum... So he is basically stating that the green industry is PURELY and TOTALLY dependent upon government money and that it is unable to compete in the world WITHOUT government money? If thats the case, (which in some ways thats true, others not, in the case of solyndra, obviously it is) then obviously the green industry is a BAD INVESTMENT. He is either a fucking moron, or just a complete political hack. I'll assume both.
So he is basically stating that the green industry is PURELY and TOTALLY dependent upon government money and that it is unable to compete in the world WITHOUT government money?
Precisely. You are probably too young to remember, but Jimmy Carter did the very same thing in the 70s, and as soon as guv money stopped, the entire industry fell in a heap. No way would I put money into such a thing.
I read an article earlier about Solyndra, and the only thing that came out to me was them stating that they closed due to an "OVERSUPPLY OF THE GLOBAL SOLAR PANEL MARKET."
Which, if anybody watched the Daily Show episode on this (which wasn't half bad, he's been making some good ones lately even if I don't care for him...) it showed a republican congressman from California, grilling a (i think) DOE guy about the over supply and competition with the (i think) thin film market. He then stated how China completely moved away from that market as a result, yet thats what Solyndra went straight into.
The disengeniousness of some of these people blows my mind. This is literally on the order of digging ditches and filling them back up to dig them again. If there is an oversupply that means there is very little demand for them. What this congressman clearly doesn't understand (or understands but is a political hack) is that there has to be a BUYER ON THE OTHER END of these products.
Your argument is based on the premise that resources should be allocated based on the subjective preferences of free market participants. But it is now perfectly clear that their preferences are simply WRONG. Only experts in economics are qualified to allocate resources efficiently. This is the most objective means of resource allocation possible and will provide people with what they SHOULD have according to qualified professionals, rather than want they WANT.
You know your right. There should be more economics advisors. Everybody should have their own advisor so that they know EXACTLY what they should be buying as mandated by their government masters!
That is not necessary. This could be achieved by letting professional economists set prices of all consumer and capital goods. This will ensure that the optimal amount of each good is consumed. If there is too much comsumption of a particular good then its price will be raised. If there is too little consumption of a good, its price will be lowered.
The free market does that all by itself through supply and demand.
Chew on this....
You create a product, it costs $10 to produce. You need to charge $15 and sell x amount so you can live your life and pay your bills etc... But in your world, there are price controls and the overlords in charge say you can only charge $9 for your product even though there is enough demand at $15.
Now what happens, you tell me....
As I said before, the 'demand' is a subjective preference of fallible individuals. The most objective way to allocate resources is according to the intricate mathematical models of financial experts.
Comedy gold! Dude, you're a riot. Please dress up in a suit and give us some YouTube videos.
Comedy gold! Dude, you're a riot. Please dress up in a suit and give us some YouTube videos.
All hail king krugman!
Have you EVER run a business of your own? Risked your own money? Hired employees, with all the responsibility that brings? Produced a product? Dealt with clients? You learn far more by doing it than by analyzing what others have done.
So, if i blast off an amount of 762x39. Will the price go up or down, or will it depand upon what I'm blasting at?
You live under the delusion that these choices haven't already been made for us. Government control is omnipresent and pervasive.
You obviously don't respect that pesky thing called FREEDOM. If one thing is absolutely clear since 2007, it's that your "qualified professionals" are a bunch of arrogant, incompetent, corrupt tyrants, who couldn't hold a job in the real economy based on any useful skills.
You are f****ing hack for watching TV and support the elites TV propaganda machine. Keep watching TV serf.
You mean like oil subsidies?
Thats a litttttle different.
You look at how much money is obtained from oil subsidies and its paltry to big oil. They're not really "subsidies" either. Nearly all money earned by oil companies is from business conducted outside the United States. Infact US local, state and federal governments make money from US oil sales than oil companies.
The difference is if you removed the millions of dollars of "subsidies" they would still exist, hell I doubt there would even be a price increase.
Also, let me be clear that I do not support redistribution of wealth nor proping up any company, industry or individual for any reason. You clearly missed the point of the entire discussion regarding the fact that these companies are implicitly held up BY government funds and the "industry" wouldn't exist (in its current form) without government interventionism.
This hearing will resume after the election....
You are being so antisemitic MDB! I think, I am going to call ADL!
They will not be asking that in the future. It will be obvious to them that Obama was a liar and a phony.
Name one time when ANY truth came out of Obama mouth .................take your time , no rush .................................... well there you have it , I rest my case.
when he said he did cocaine as a youth?
What you have been doing has been working so well.......
fucking idiot moron troll........what do these people get paid anyways? Must be damn good to say bltantly stupid shit like this all day.
Don't you have a podium appearance today?
Also, stealing Redneck Repugnicant/Libertarians for Prosperity's schtick is just lame.
Dude, that post was meant to be self aware and ironic....please tell me I'm right?
You realized that "spending money", is really spending promisary notes....notes which have *your chilldrens income* down as surety. In other words, your spending money which has not yet been collected in order to "boost aggregate demand". You can tell your children, "Hey I saved the economy by posting you as collateral ROFL!". I'm sure they'll love you for it.
Jobs Bill? Well refer to the above, if *only* it was possibe to gain prosperity by printing and or borrowing money! Ivy league buffoons who think that war is good for the economy - broken window fallacy says "no".
Meh, the more I read MBD...... it *must* be a joke post, but I already typed this.
Blah blah blah.... Now, I have a question for you. What do your questions have to do with what is happening next, and can you even tell me what is happening now, which is the next looming event? No? It's the revolution, and you're totally unprepared. But don't let that bother you, you have a lot of company. Solyndra is just a mile marker, a sign post that hardly anyone can read. I'll have the front running guide book on the revolution that has already started out in October, you can catch up on it all then. Good luck.
My kids know better than to go in debt and listen to Ivy Leaguers.
'Nuff said.
champagne trolling...love it
You are the type I warned my kids about. Only wish there was someone to warn your kids.
Brilliant satire. Green arrow. Your consistency is phenomenal.
Libtard, first let me state that I realize my reply is for my benefit, not yours, as I am clear none of my thoughtful points will come close to penetrating such a dense structure as your skull must be:
1. Even if your bullshit statement were true, how does this matter? Because some know-nothing Keynesian academics with misshapen heads support a policy that has repeatedly proven not to work, we should support it? Morons like you that see academics, with no real world experience as our saviors, are exactly what is wrong with this country.
2. Wow! So to you it makes more sense for the government to take money from the private sector and then politically choose how to spend it, versus just keeping it in the private sector? This makes sense to "spur demand"? Go back in time to communist Russia please.
3. Yeah, saving and paying down debt is our problem. This must be a joke. Nobody could really be this stupid and still be able to turn on a computer.
4. Not sure how to even reply to this one. Racist? Oh, I get it now. When a libtard disagrees with someone they call them a racist.
5. Yeah, the government creates jobs. Again, as in #2 above, please explain how it makes sense to take money from the REAL job creators, then give it to those with PURE political motivations, to "create" jobs? How??? Please explain.
For real. Solyndra proves him wrong. Guess he missed the obvious.
They got their stimulus in spite of opposition, so where's the recovery, dumbass!
Brilliant Sir!! Do you write for Colbert by any chance? If not you should.
Totally, and a lot of people don't get it. BRAVO, well played. Still looking forward to Hamy's return. Someday Hamy...someday.
In the meantime, I just reported ALL of you to ATTACK WATCH. LOL
(Also, I drink a lot).
You're kidding, right? Greece borrowed until they couldn't borrow anymore. How's that working out for them? Ireland borrowed until it couldn't borrow anymore. The result? Disasterous. And who among these Ivy League economists actually predicted the economic collapse of 2008? Not one. I didn't even think people as stupid as you even read Zerohedge.
You're kidding, right? Greece borrowed until they couldn't borrow anymore. How's that working out for them? Ireland borrowed until it couldn't borrow anymore. The result? Disasterous. And who among these Ivy League economists actually predicted the economic collapse of 2008? Not one. I didn't even think people as stupid as you even read Zerohedge.
MDB is the best parody troll I have seen in years. Jolly Good
And let us ignore the fact that what the Executive branch, Treasury, and the Federal Reserve have been doing is blatantly UNCONSTITUTIONAL! IT'S AGAINST THE HIGHEST LAW OF THE LAND!!! Their actions shows wanton and naked contempt toward the Constitution and The People. Where in the U.S. Constitution does the government have the power to create a central banking system that loans out tens of trillions of taxpayer funds to foreign banks, companies, and individuals and then has the unmitigated temerity to refuse to tell Congress and The People who these recipients ARE!!! Where in the U.S. Constitution does the Federal Reserve have the right to transfer privately defaulted risk (toxic assets) from Too Big To Fail zombie banks unto the public balance sheet???? The government established the moral hazard that has brought the entire country to the brink of disaster, and you have the gall to defend that moral hazard???
1. appeal to authority much?
2. appeal to spending much?
3. appeal to debt much?
4. ad hominem much?
5. appeal to shovels much?
"-despite the consensus among economic experts"
You mean the same self important dick-heads that created this mess and will never change their opinions even when failure stares them in the face?
I've been following this closely although I'm from Europe, and I have to admit that I don't quite understand how it is possible that the majority of the people can be THIS much disconnected from what is actually going on during these straw polls.
I contemplate quite often if a situation like this could ever be possible over here; if we do have enough independant media or not.
Ron Paul, Federal Reserve loans in the trilions, Occupy Wall Street Protest this week- It's all dismissed by the Main Stream presstitutes and therefor it's as if it never happens.....
Occupy Wall Street Protest
http://www.youtube.com/user/zedgehero?feature=mhee
Nobody should take this Occupy Wall Street "protest" crap seriously. Not when all you see are a bunch of lazy asses in their early 20s, still trying to "find themselves" while living off of daddy's trust fund, setting up tents on wall street, but typing away on their $2000 Mac Books, and $500 iPhones, texting on their Droid phones, drinking bottles of Fiji water, while majoring in "general studies" at Columbia U.
There's something wrong when people like this are bitching about jobs, but I have to hire some Mexicans to mow my fucking lawn. Hey, Winthorp Jr., camping out on Wall Street "protesting"...come here and trim my hedges you lazy tuckfard!
Bunch of lazy-ass hypocrites.
The English protestors put these people to shame.
You could mow your own lawn?
Or just cement the shit over. Who needs the goddamned vanity of a lawn, anyway?
What, people don't have anything better to do with their lives than cut grass?
So you think the economy would be substantially improved by millions of lawn-mowing gigs?
You're the lazy fucktard. And you don't have to hire illegal labor, you chose to do so.
Way to miss the point snowball.
Who the hell was talking about "substanially improving" the economy. I'm talking about this dumb protest. Yeah, people CHOOSE to hire migrant workers because Winthorp Pennypacker IV, age 21, will ask for $50/hour and a bonus to do it.
When I was a child back in the sixties and seventies all us neighborhood kids would make rounds mowing neighbors lawns for extra spending money. I don't think I ever saw any of those trucks full of illegals towing a trailer full of lawn equipment during those years???? Where has America gone too?
It is really F'ed up. People want perfect lawns and landscaping now. A kid with a lawnmower cannot do that anymore. Was is Turd Fergusion saying? Is he in a warm bath with Buffett?
I mow my landlord's lawn and my son mows my parents' lawn and I'm happy with the shiatty job he does for them.
Even The National Review (as in: the life work of WF Buckley the "founder of modern American conservatism") is openly mocking him on their site: http://www.nationalreview.com/
Scroll down to the "A Cabinet Too Far" slideshow. Way to support one of the most prominent champions of limited government guys.
Just another indication that the GOP is going to throw up an 'Obama-lite' candidate in 2012...which is why it will be better in the long run if Obama gets re-elected and the collapse comes that much sooner.
I vote we start calling the Fux News.
You are a retard if you think anything of the networks are different. They all tell the same lie and sheep/losers watch TV which enpowers them. You are probably a serf who wtaches TV.
It's very easy to blame the MSM for dissmissing him, but even as a follower I have to question the relevance. Ron Paul has a very organized following.
Yes they can:
- perform well at a paid for straw poll, where someone else bought victory
- win an online poll
- raise a large sum of money in a single day
To me, it is a very coordinated effort. It does not represent a huge percentage of future votes.
Two words as to why there will never be an investigation or anything else for that matter: Eric Holder.
Now move along, nothing to see here sheep.
Who is Eric Holder?
The guy who sits behind his desk surfing porn all day long ignoring generational criminal activity in financial and corporate sectors and epic black on white hate crimes. If he gets a hint of a sniff of some white on colored crime then look the fuck out though. Yeah that guy. That racist, useless as tits on a boarhog POS guy.
Can you pick the Attorney General of the United States of America out of this lineup?
The second guy? No I mean the the fifth guy. They all look the same.
No,no, that be Denzellllll Washington bro!
I can see you's confused man after all he too a govement shill.
@it
Ooooh noes, he no govement shill, the man jus spreadding the peas man! Now where that junk button at?
"I am honoured to attend the Nobel Peace Prize Concert this year and participate in this historic and momentous event to help spread the message of global peace,"
It's the guy with his driveway paved in Gibson guitars.
Yet another ignorant Negro who cares more about illegal alien criminals than his fellow citizens.
He is black. He gets a pass too.
When people wake up and realize the guy "NOBODY" wants to be President makes him "THE RIGHT GUY" for the job.
Teapot Dome, bitchez!
Waxman you are a dolt !
Vote rigging will keep Paul out. This the endgame folks.
it is now, more than ever, obvious that people above a certain net worth threshold who possess the right connections and run in the right social circles can lie to congress or any court with impunity while the rest of us, if caught committing similar offenses, would be tried and fried for perjury.
it's not that the system is broken...it's that the mask of a fair system ever having existed has melted off revealing a system as corrupt as any banana republic or dictatorship on the planet.
the myth of American exceptionalism is the real joke.
Sure sounded like a no comment to me. Actually "on advice of my attorney I regret to say I'm a liar and a thief."
I've been saying this for years. The term penned by me: "America is nothing more than Mexico in a suit".
OT
from http://urbansurvival.com/week.htm
"if you plug in that document number and hit search (archive) you get the original filing. which as far as i can tell pledges every person and all real land in the usa as collateral against a $14.3 trillion dollar loan. the owner of record on that property (every person and all real land) is the irs. and finally attached is a brochure for the nawpa which talks about 1000 miles of tunnels and weather engineering and climate control and utilizing the magnetosphere."
DEBTOR:
THE FEDERAL RESERVE SYSTEM 20TH STREET, N.W. WASHINGTON, DC 20551
E PLURIBUS UNUM THE UNITED STATES OF AMERICA 1500 PENNSYLVANIA AVENUE, NW WASHINGTON, DC 20220 U.S.
DEPARTMENT OF DEFENSE FINANCE AND ACCOUNTING SERVICES 1400 DEFENSE PENTAGON WASHINGTON, DC 20301 - 1400
COMPTROLLER OF MARYLAND 1101 WOOTON PARKWAY ROCKVILLE, MD 20852
the Secured Parties:
THE UNITED STATES DEPARTMENT OF THE TREASURY 1789 (Assignor) 50 MARYLAND AVENUE ROCKVILLE, MD 20850
NORTH AMERICAN WATER AND POWER ALLIANCE (Assignor) 1400 DEFENSE PENTAGON WASHINGTON, DC 20301 - 1400
U.S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE (IRS) (Assignee) 600 ATLANTIC AVENUE BOSTON, MA 02106
http://sdatcert3.resiusa.org/UCC-Charter/ViewDoc.asp?Film=&Folio=&Pages=...
Thanks for the links.
Got some work to do this weekend, that is for sure!
pods
Thanks for keeping crack cocaine a growth industry.
Next up: Lightsquared scandal coming soon to a congressional hearing near you.
Give me a break... pleading the fifth ammendment ?! This is fucked !!
Umm.... yeah!
impeach obabma now???
but he's just getting started!
the future's so bright i gotta wear shades.
(really dark ones so i don't have to see)
I beleive but stand to be corrected, it was GWB who started the funding. It was a bet on a disruptive tech, bad bet as it turns out. Not the biggest waste of $500Billion in recent history by a long shot.
And, your point is what, that since GWB started the funding then that absolved Obama of all the wrongdoings with Solyndra since he took office?
The Bush administration denied the loan based on merit. It was revived by Obama because it fell into two desirable categories at once (kind of like hiring a Black woman-killing two birds with one stone) promoting the green industry and new job creation.
Turned out Obama bet on the wrong horse and now he is paying the price.
Fact is GWB did not start the funding. The deal was brought to his attention and he rejected it. This is all Obummer's baby.
You do stand to be corrected, by a factor of 1000.
You need to read the news once in awhile and not MSNBC bloggers dude, as stated - W rejected it and rightfully so. The current administration even knew what they produced cost $6 and the best they could sell if for was $3 and they still went ahead, In other words, for a liberal, this was a layup, send the money.
BUT CAN HE DANCE
Looking at Harrison, I can only assume that when he stands up, his chair's going to rise with him.
if i had to blow the presdient to make a livin i would take the 5th too.
LOL
And Stover, well, he looks like he's going to make some con a very good wife.
Anything you say CAN and WILL be used against you in a court of law.
What part of this do people NOT understand?
Anything you say cannot be used to help you. WTF do you think they're gonna say? I wouldn't say anything either. As usual, fucking CONgress putting on a show.
During my first legal bullshit implication, I figured I'd be honest & tell what I knew: stupid ass mustache'd little dipshit detective went with the assumption that I was understating my claims.
See if I help any fucking pig again.
WTF is that money.
Winning The Future baby
Hey Fuck head.....!
Ya you....MillionDollarBonus.
Whats the kids gonna say when they find out you ....ya you......
let the Federal(not) Reserve enslave them.
And YOU O K'd it....
Fuck head.....
+1687.79
This is all disgusting...but, it is all also a diversion.
Special Prosecutor time.
This is just the tip of the iceberg....paybacks..payoffs...this is why the government should not be subsidizing anything....serious....it is so rife for fraud and bribes...
OH BOY! WHAT A FARCE!
This could make a good movie.
Welcome to the New American Revolution. It's already in progress, but when you finally notice it, it will be into the second stage, and if your not prepared for that, it will go into the third and most destructive phase. By then, America will be ready for final capitulation to our glorious kleptocratic ruling elite. Time to get ready to front run the revolution. On the streets in October. Think round, Act square.
Obama will be called to testify - he could plead both the fifth and executive privilege. Go us!
"On the advice of my..... privilege....5th amendment ....constitution....bla,bla, bla, bla" ....CLOWNS hahahahaha!
Waxman. That guy really tans my hide.
History being made??? A little histrionic there, Tyler???
On the advice of the predator drone hovering over my domecile, I choose to assert my rights under the 5th amendment.
and we pay are taxes for this
Over $1.5 billion down the drain in the space of 2 years.
Montgomery Brewster must be green with envy.
Tyler, time for some editing on your threads.
The first comment by Comay Mierda is a thread hijack, and simply should have been pulled without second thought.
I guess there is some value in having that comment there. You can tell who the Obama paid surfers are and how desperate that they are to drive attention away from the trash occupying the white house.
Yay, Censorship!!! Talk about transparency... Obviously freedom comes in many forms to Printfaster, unless of course it conflicts with his point of view...
Much ado about something, but naught will come of it. Certainly not impeachment proceedings - Biden is the perfect insurance policy against that ever happening.
Think about it. Biden is too stupid to be a good puppet - even with the mechanisms in place making it legal for him, as a senator, to bilk the system for tens (if not hundreds) of million$, he had one of the lowest net worth figures in all of congress (not just the senate).
If he can't even learn how to steal for himself, how is he, as president, gonna gloss over stealing for his bosses?
Did you not see the sarcasm in MillionDollarBonus's post? It doesn't wrok so good on the internets but that clearly was sarcasm without the /S.
Going long tar and feathers
Video: Solyndra Execs Plead the 5th FFW http://cs.pn/nuRhDY #Obama #ARRA #SolarGate