To: Redcitizen
I wonder if the company would have organized in Texas if it would have fared much better_
To: rovenstinez
I wonder if the company would have organized in Texas if it would have fared much better
Not really. The laws of physics apply in Texas just as they do in California. Solyndra's technology didn't work or more accurately the price of energy produced by their technology (even with government subsidies) was hideously expensive. Their technology just didn't cut it. Simple as that.
13 posted on
08/31/2011 7:24:12 PM PDT by
truthguy
(Good intentions are not enough.)
To: rovenstinez
Same thing would have happened in Texas because it's a dead end business regardless what state it's in.
Here in Texas we believe in drilling.
14 posted on
08/31/2011 7:24:59 PM PDT by
tobyhill
(A Democrat that doesn't lie would be a lie)
To: rovenstinez
I wonder if the company would have organized in Texas if it would have fared much better_Well, the tax laws and regulatory climate here would have been more favorable, but I doubt they would have sold any more solar panels. Probably never really made any to begin with, since they had all that 'seed' money from "Obama's stash" and just doled it out amongst those Obama donors who were looking for their election payback. It's really hard to make a profit when you spend all the seed money on payoffs and the product never really gets manufactured. At least that's what I suspect happened.
15 posted on
08/31/2011 7:25:48 PM PDT by
erkyl
(We hang the petty thieves and appoint the great ones to public office --Aesop (~550 BC))
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson