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Solyndra Filing a Disaster for Obama
NBC Bay Area ^ | Wednesday, Aug 31, 2011 | Scott McGrew

Posted on 08/31/2011 10:05:28 AM PDT by muleskinner

President Obama faces political catastrophe in the form of Solyndra -- a San Francisco Bay area solar company that he touted as a gleaming example of green technology. It has announced it will declare Chapter 11 bankruptcy. More than 1,100 people will lose their jobs.

(Excerpt) Read more at nbcbayarea.com ...


TOPICS: Breaking News; Business/Economy; Front Page News; Government; News/Current Events; US: California
KEYWORDS: agw; climatechange; corruption; democrats; envirofascism; fraud; globalwarming; globalwarminghoax; gorebullwarming; green; greenenergy; greenpower; liberalfascism; loanguarantees; obama; obama4bankruptcy; obamanomics; obamatruthfile; solar; solyndra; subsidies; thegreenlie; youpayforthis
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To: muleskinner

When a spending program fails, the solution is MORE spending not less.

Obama will announce new spending programs in his upcoming speech.


61 posted on 08/31/2011 11:48:35 AM PDT by Skepolitic
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To: Eldon Tyrell

Goobermint “invests” for a political return, not a monetary return. Looks like they got their return.


62 posted on 08/31/2011 11:53:36 AM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
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To: rockinqsranch

Where do you live? So far, the Volt is only available in CA, TX, and the northeast. Will be available throughout the country by next year after production ramps.


63 posted on 08/31/2011 11:53:42 AM PDT by green iguana
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To: green iguana

That would be the Cruze, not the Volt you are thinking of. They sold a whopping 125 Volts last month. There are 116 of them left sitting in inventory, not including demo units.

http://thenewamerican.com/tech-mainmenu-30/environment/8450-chevy-volt-sales-plummet-as-the-electric-car-market-slumps


64 posted on 08/31/2011 11:55:13 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: green iguana

Oh, and the Nissan Leaf outsold it by about 8 times. They sold almost a thousand of those last month - 936 units moved in July.


65 posted on 08/31/2011 11:56:19 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: green iguana

California.


66 posted on 08/31/2011 12:01:37 PM PDT by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: colonialhk
This is all way past just mistakes. It is part and parcel of a concerted pattern of fraud against the US taxpayers by left wing investors, non-profits and their political pawns....they know who they are... and they know there will be a day when they are called out to account for the billions in green energy fraud.

I want to see the media characterize green efforts with phrases like "controversial", "despite previous failures", "yet to be proven", "actual performance vs. expected" etc.

Instead they are just a bunch of bobbleheads.

67 posted on 08/31/2011 12:02:42 PM PDT by cicero2k
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To: sam_paine

“White sunlight makes the black solar cells do all the work. It never ends.”

So let’s make the sun store its own excess energy, see how it feels to deliver it to heat hot water and run independent generators. Let’s put the solar cells in charge of producing the energy. Yes we can.


68 posted on 08/31/2011 12:05:24 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: muleskinner

Money Laundering stolen Taxes in plain view. Sheesh, as subtle as a pig in an Ice Cream store.


69 posted on 08/31/2011 12:06:43 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: dila813

The democrat elites are using the masses of “environmentalists” the same way they use “urban people of color who have few economic resources.” They are useful idiots. The democrat leadership who actually allocates all this money never cared whether one solar panel was built. Actually, they probably knew only a few token panels would be produced to make this Potemkin Village look like a company. The gullible “environmentalists” were sold on “green energy” and lapped it up.

In the meantime, as I said, follow the money. These people were simply siphoning money out of the government till and laundering it back to democrat politicians as campaign contributions. And I thought the Chinese were corrupt; this trumps anything they ever did. Heck, they may still be corrupt but now they actually make stuff, too.


70 posted on 08/31/2011 12:08:47 PM PDT by henkster (Socialists and liberals all want jobs; they just don't want to work.)
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To: PghBaldy
I seem to recall either John Deere or Caterpillar as an example of one of these.

It was Cat.

Obama said that Cat would hire more people if Obamacare passed. Cat said no, and that in fact layoffs were in progress.

71 posted on 08/31/2011 12:11:14 PM PDT by Mikey_1962 (Obama: The Affirmative Action President.)
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To: American in Israel

“Money Laundering stolen Taxes in plain view. Sheesh, as subtle as a pig in an Ice Cream store.”

Absolutely. Why it’s so obvious the media will be all over this...oh wait, I forgot. The media is complicit in the corruption; can’t make their demi-god look bad, you know. Don’t want to risk the trip to the “re-education camp.”

Never mind. If the money tree falls over in the forest for the democrat cronies to feast on and the media doesn’t report it, it didn’t really happen, did it?


72 posted on 08/31/2011 12:13:32 PM PDT by henkster (Socialists and liberals all want jobs; they just don't want to work.)
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To: muleskinner

bkmk


73 posted on 08/31/2011 12:15:03 PM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: ArmstedFragg; green iguana

I read on another thread that the Chevy dealerships were made to purchase two Volts apiece.


74 posted on 08/31/2011 12:19:01 PM PDT by printhead (Standard & Poor - Poor is the new standard.)
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To: Spktyr

No, it’s the Volt I’m thinking of. 116 in inventory is... not a big number. How many do you think they sold in August (retail) with a starting inventory of 116?


75 posted on 08/31/2011 12:20:19 PM PDT by green iguana
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To: rockinqsranch

Only reason I can think of is that there aren’t many of them on the road yet. I haven’t seen a Leaf here in Austin, but I have seen two different Volts.

I’ve seen about 5 of those Fiat 500 deathtraps. You seen any of those?


76 posted on 08/31/2011 12:22:34 PM PDT by green iguana
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To: kristinn; holdonnow; Hannity; MarkLevinFan; HonestConservative

See also 10, 14, 19, 24.

Money laundering.

We need a hearing re: payments, accounting, proofs of spent outcome. Same for the other flipped green cos. Note donor status and conmex re: campaign/quid pro quo.


77 posted on 08/31/2011 12:29:41 PM PDT by AliVeritas (Pray. For all the latest, check out: http://directorblue.blogspot.com/)
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To: green iguana

That’s 116 *plus demo models*, not just 116 total, and all are available at a discount.

Meanwhile, the Leaf continues to outsell the Volt, despite being available in the same number of markets during July: Arizona, California, Hawaii, Oregon, Tennessee, Texas and Washington.


78 posted on 08/31/2011 12:30:17 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Zeppelin

I think post #18 nailed it


79 posted on 08/31/2011 12:33:06 PM PDT by PMAS
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To: existentialist

I dodge a personal bullet here. I interviewed at Solyndra last April and could see it was mess internally. Horrible internal controls, no systems integration, and money already starting to get lean.

Received an offer, but it was rescinded during a budget review.

I was a long time IT person at NUMMI and know a couple of folks who went to Solyndra from NUMMI. Sucks to think of someone losing two jobs in two years.


80 posted on 08/31/2011 12:34:15 PM PDT by Rev DMV
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