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 ...
When a spending program fails, the solution is MORE spending not less.
Obama will announce new spending programs in his upcoming speech.
Goobermint “invests” for a political return, not a monetary return. Looks like they got their return.
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.
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.
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.
California.
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.
“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.
Money Laundering stolen Taxes in plain view. Sheesh, as subtle as a pig in an Ice Cream store.
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.
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.
“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?
bkmk
I read on another thread that the Chevy dealerships were made to purchase two Volts apiece.
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?
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?
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.
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.
I think post #18 nailed it
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.
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