Ace of Spades HQ

September 22, 2011

Solyndra Insiders: Once We Got That Fat Loan, We Overspent Like Crazy
— Ace

Of the myriad problems with socialism, one is this: People take good care of their own money. They earned it, they sweated it. They are reasonably careful about how they dispose of it.

When bureaucrats have millions (even billions) that is nothing to them but numbers on a piece of paper, do they exercise the standard of care that people do with their own blood sweat & tears property?

No, they do not.

Former employees of Solyndra, the shuttered solar company that exhausted half a billion dollars of taxpayer money, said they saw questionable spending by management almost as soon as a federal agency approved a $535 million government-backed loan for the startup.
A new factory built with public money boasted a gleaming conference room with glass walls that, with the flip of a switch, turned smoky-gray to conceal the roomÂ’s occupants. Hastily purchased state-of-the-art equipment ended up being sold for pennies on the dollar, still in its plastic bubble wrap, employees said.
As the $344 million factory went up just down the road from the companyÂ’s leased plant in Fremont, Calif., workers watched as pallets of unsold solar panels stacked up in storage. Many wondered: Did we even need this new factory?
Â“After we got the loan guarantee, they were just spending money left and right,Â” said former Solyndra engineer Lindsey Eastburn. Â“Because we were doing well, nobody cared. Because of that infusion of money, it made people sloppy.Â”

The Washington Post makes news (I think) as regards the status of that second loan, for $469 million-- they say it was never approved.

We need to see those documents and emails, the ones concerning this second loan. Because I have a feeling they say something like: "This company is a bad risk and the first tranche of loans never should have gone out, let alone this second tranche."

Posted by: Ace at 09:05 AM | Comments (168)
Post contains 333 words, total size 2 kb.

1 Obviously, the first stimulus was too small.

Posted by: huerfano at September 22, 2011 09:07 AM (263hv)

2 "Hastily purchased state-of-the-art equipment ended up being sold for pennies on the dollar, still in its plastic bubble wrap, employees said." Money laundering operation.

Posted by: FRONT TOWARD LEFT at September 22, 2011 09:08 AM (cbyrC)

3 So these are the guys Elizabeth Warren was referring to - the corrupt swindling fictional green technocrats.
Got it.

Posted by: Hussein the Plumber at September 22, 2011 09:08 AM (jx2j9)

4 ask Ms. Warren...we have a duty to let them overspend our money and social justice requires the coffers take the full hit to let Bambi's donors square up 1st

Posted by: sven10077 at September 22, 2011 09:09 AM (AEIYh)

Oops. We forgot to pay it forward.

We only raped past, present and future.

Thanks all the Obama, a Stuttering Clusterfuck Of A Miserable Failure!

Posted by: Solyndra at September 22, 2011 09:09 AM (VxqUc)

6 I think we ought to see how the good old OED defines "socialism" before you fucking idiots start talking shit about it.

Posted by: Jordan at September 22, 2011 09:10 AM (XuAk5)

7 This is what happens when Rick Perry is allowed to put Tardasil in the drinking water. Case closed.

Posted by: Michelle Bachmann at September 22, 2011 09:10 AM (BcpOa)

8 I'm working on a cutting edge expose about how the extreme right wing are very upset about solar power.

In the meantime, HEY! Have you seen that new book about Sarah Palin that first rate journalist treasure Joe McGinnis just published! Woah! Talk about salacious! That Palin woman's some real nutjob, huh?

Posted by: Lawrence O'Donnell at September 22, 2011 09:11 AM (znT2j)

9 But Ace, this nice Nigerian prince gentleman swears he'll take great care of my money and give it back exponentially if I just trust him with a little of it first.

Posted by: Ms Choksondik at September 22, 2011 09:11 AM (nxptv)

10 We raped the taxpayer and we are here to help.

Posted by: Solyndra at September 22, 2011 09:11 AM (VxqUc)

11
Green job$!

Posted by: Elizabeth Warren at September 22, 2011 09:11 AM (sqkOB)

12 It's your fault for giving us so much money. What did you think was going to happen? How could you do that?

Posted by: Solyndra at September 22, 2011 09:12 AM (znT2j)

13
Dang. Just one more tranche and we could have gotten a corporate jet.

Posted by: Solyndra at September 22, 2011 09:12 AM (jmWma)

14 Hey, you fucked up...you trusted us.

Posted by: Solyndra at September 22, 2011 09:13 AM (V6iZd)

15 Rick Perry is much more dangerous and would make a far worse president than Barack Obama so you'd better elect me. Do I have your support and more importantly, your cash?

Posted by: Mitt Romney at September 22, 2011 09:13 AM (nxptv)

16 I drove past this place last week when I was in CA. Lots of flash, very little substance. Brought me back to the bad old days of the tech bubble.

Just down the road was one of the world's biggest networking companies (rhymes with Crisco). Built up around the campus was tons of business (hotels, restaurants, et.al.). They never took a single loan for Pappy Fed. Yet their business drove (at least partially) the creation of thousands of jobs around the campus. That's how you do it.

Posted by: The Robot Devil at September 22, 2011 09:14 AM (136wp)

17 Everybody knows you can't just buy a corporate jet with only 500 million !

Posted by: Ted Turner at September 22, 2011 09:14 AM (V92KK)

18 Green job$!
Posted by: Elizabeth Warren at September 22, 2011 01:11 PM

That's my line!

^{Marauding Harvard bitch}

Posted by: Van Jones, Yale Law '93 at September 22, 2011 09:14 AM (263hv)

19 Ace : Solyndra Insiders : Once we got that fat loan, we overspent like crazy.

Facts : It should be "Once we got that phat loan, we overspent like madmen". We give ace 4 swastikas for his egregious errors.

Posted by: AP Fact Checkers at September 22, 2011 09:15 AM (BcpOa)

20 Don't worry, we're all over this...By all over I mean we've confiscated all the evidence and it will never see the light of day. Also, we are actively investigating all of the fucking rats whistle blowers.

Posted by: Eric Holder at September 22, 2011 09:16 AM (V6iZd)

21 Another bit of news from last night - The Washington Times reported that the lawyers representing both the DOE and Solyndra made millions in fees from these loans. Remember Steve Spinner? The guy overseeing the $25B DOE loan program who "recused himself" because his wife's law firm represented Solyndra? Yeah, nothing to see there. I've yet to see a news outlet connect those dots...

Posted by: Johnny (John E.) at September 22, 2011 09:16 AM (nRTou)

22 What do you have against solar power anyway?

Posted by: I Care About the Enviroment at September 22, 2011 09:16 AM (Xm1aB)

23 Barack Obama is a stuttering clusterf*ck of a miserable failure.

For some reason, the blog won't let me post that sentence by itself today- so I have to include some other text as well.

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 09:16 AM (8y9MW)

24 The Washington Post makes news (I think) as regards the status of that second loan, for $469 million-- they say it was never approved.

I suspect that this is right because Solyndra blames the Dep't of Energy for its bankruptcy.

Â“As late as August, the company believed that existing investors and the DOE would come to a financing arrangement that would have secured the capital the company needed to achieve positive cash flow from operations,Â” Miller wrote. Â“The CompanyÂ’s investors had offered a transaction pursuant to which the required capital would have been invested, however, the terms of such transaction were not acceptable to the DOE.Â”

Posted by: WalrusRex at September 22, 2011 09:16 AM (Hx5uv)

25 Solyndra Deal Violates 'Fundamental Laws of Economics'

"Since the passage of the stimulus bill in 2009, the Department of Energy has issued $40 billion in new loan guarantees for renewable energy projects that might not otherwise have been commercially viable. In addition to Solyndra, Beacon Power and First Wind Holdings offer examples of other instances in which the federal government backed risky and financially unstable firms, using taxpayer money to fund an ideologically driven pursuit of unproven energy sources."

Posted by: Miss80sBaby at September 22, 2011 09:17 AM (o2lIv)

26 The Washington Post makes news

They certainly do. Like Nabisco makes cookies.

Posted by: The Mega Independent at September 22, 2011 09:18 AM (G4CrN)

27 Solyndra Deal Violates 'Fundamental Laws of Economics' Basic fucking 3rd grade math.

FIFY

Posted by: Eric Holder at September 22, 2011 09:18 AM (V6iZd)

28 Ahhhh yes, still continuing that stupid "Socialist" meme that got old at the end of 2009.

Posted by: Random Internet Guy at September 22, 2011 09:18 AM (YIuXS)

29 OT- but Ace sometimes reads the comments, and never seems to read my emails.

Ace: did you see this? Published by Fox today, an editorial by Rick Perry.

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 09:18 AM (8y9MW)

The solar panels were HUGE sellers!

It only cost us $5.85 to make them and sold them at $3.00 each and they were flying off the shelf!!1!!1! What went wrong.

**sniff **sniff**

Posted by: Solyndra at September 22, 2011 09:19 AM (VxqUc)

31 We used the same sort of creative accounting practiced by ENRON. The difference we were all liberals at heart so it was OK. Besides, the good guys ended up with the money. Taxpayers are just stupid cash cows to us.

George Soros and the SCOAMF thank you 52%!

Posted by: $. O'Lyndra at September 22, 2011 09:19 AM (i3+c5)

32 I blame the bankruptcy on a lack of roads and bridges.

Posted by: WalrusRex at September 22, 2011 09:19 AM (Hx5uv)

33 Off racist sock!!

Posted by: Hedgehog at September 22, 2011 09:19 AM (V6iZd)

34 What do you have against solar power anyway?
Posted by: I Care About the Enviroment at September 22, 2011 01:16 PM

Nothing. It gives us a fabulous opportunity to rest and do nothing.

Posted by: Your Car and Household Appliances at September 22, 2011 09:19 AM (jmWma)

35 In addition to Solyndra, Beacon Power and First Wind Holdings offer examples of other instances

What does it say (about me, or the HQ) that I first read that as "...Bacon Power..."?

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 09:19 AM (8y9MW)

36 We used the same sort of creative accounting practiced by ENRON. The difference we were all liberals at heart so it was OK. Besides, the good guys ended up with the money. Taxpayers are just stupid cash cows to us.

Do you have an economist we could hire?

Posted by: The New York Fucking Times at September 22, 2011 09:20 AM (Hx5uv)

37 Saw lots and lots and lots of this behavior in the dot-com days, and even since then when a startup gets too much money at once they somehow decide they need lots of big and impressive stuff.

Sometimes you need big and impressive stuff, but usually when you do it's out on the shop floor or locked up in an equipment room.

One of the problems with big, impressive stuff is that the maintenance and support bills are usually big and impressive too.

Posted by: JEM at September 22, 2011 09:21 AM (o+SC1)

": $. O'Lyndra "

Enron? Paul Krugman's Enron? Excellent business model.

SCOAMF

Posted by: Solyndra at September 22, 2011 09:21 AM (VxqUc)

39 Did it come up in the last thread that Elizabeth "red Herring" Warren was Chairman of the Congressional Oversight Panel in charge of overseeing TARP? How'd that work out for the taxpayer??

Posted by: Hedgehog at September 22, 2011 09:22 AM (V6iZd)

40 Even my redneck cousin who lives in the hills uses solar panels to lift his boat out of the water. Maybe this company had some problems, but Obama's ideas are good for the future.

Posted by: I Care About the Enviroment at September 22, 2011 09:22 AM (Xm1aB)

Anything anybody gets for free gets assigned that value, absolute zero.

Ever drive by a public housing complex? Free housing. How well do the residents take care of their free housing?

Public transportation? Yeah it's not "free" to get on, but each ride is relatively inexpensive. It's a lovely, piss-scented mode of transportation.

Tax dollars that are paid into public coffers with great difficulty by strapped makers, get spent with blissful abandon by shameless takers.

Posted by: Boots at September 22, 2011 09:22 AM (neKzn)

42 Totally 100% off topic. What the heck? Arabic markings on Southwest passengers jets.

Posted by: Lemon Kitten at September 22, 2011 09:22 AM (0fzsA)

Price Waterhouse issued a going concern saying that Solyandra was not a solvent company and would not loan them money. Once again, if this were a private company, they would have been shown the door. Why must we involuntarily take on the risk as taxpayers?

We get screwed over and over and yet, have no recourse. Why the fuck must I keep giving up my money to support the lack of moral and fiduciary responsibility of the effing Government?

Posted by: DefendUSA at September 22, 2011 09:22 AM (S0aj8)

44 What do you have against solar power anyway? Posted by: I Care About the Enviroment at September 22, 2011 01:16 PM

Not a thing. It powered my garden all summer long. I also reduced my carbon footprint by planting chilis, tomatoes, cucumbers and squash. I wouldn't want to depend on for my electricity, though. It's unreliable and not cost effective.

Posted by: huerfano at September 22, 2011 09:23 AM (263hv)

45 My neighbor kid uses solar panels to burn ants, so don't tell me they're useless.

Posted by: Dr Spank at September 22, 2011 09:23 AM (BcpOa)

46 Keep in mind that this was an isolated incident. There is almost no chance that trillions in stimulus funds sent to other companies were treated this way. Well, not exactly this way...

Posted by: The Cupbearers for a Styrofoam Demigod at September 22, 2011 09:23 AM (FcR7P)

said they saw questionable spending by management almost as soon as a federal agency approved a $535 million government-backed loan for the startup.

These guys shouldn't worry. With spending money other people's money that they get or don't have yet. Barry will have a job for them as czars in his administration

Posted by: TheQuietMan at September 22, 2011 09:23 AM (1Jaio)

48 Do you have an economist we could hire?

Posted by: The New York Fucking Times at September 22, 2011 01:20 PM (Hx5uv)

You have to be very carefully vetted first, before you can access our economics team.

Question 1: Have you ever contributed to a Republican candidate for any office?

Question 2: How much have you contributed so far to Barack Hussein Obama, SCOAMF in Chief?

Question 3: How much do you intend to contribute to Barack Hussein Obama, SCOAMF in Chief in the very near future?

Posted by: $. O'Lyndra at September 22, 2011 09:24 AM (i3+c5)

49 can we impeach SCOAMF now? If he was a private business owner (snort) his ass would be right next to Bernie Madoff. What the freaking fuckpickle, over.

Posted by: tangonine at September 22, 2011 09:24 AM (x3YFz)

50 You know, that whole corruption I want less of it or in on it thing? I'm started to get really pissed I was never in on it.

Posted by: alexthechick at September 22, 2011 09:24 AM (VtjlW)

51 Does no one in this country understand that debt has to be repaid?

Posted by: Randy M at September 22, 2011 09:25 AM (vI8R6)

52 Why the fuck must I keep giving up my money to support the lack of moral and fiduciary responsibility of the effing Government?

Justice Dep't officials have got to eat, too. And they must be fed $16 doughnuts.

Posted by: WalrusRex at September 22, 2011 09:25 AM (Hx5uv)

53 51 You know, that whole corruption I want less of it or in on it thing? I'm started to get really pissed I was never in on it.

Posted by: alexthechick at September 22, 2011 01:24 PM (VtjlW)

I want some of that Obama Stash too!!

Posted by: Hedgehog at September 22, 2011 09:25 AM (V6iZd)

54 Does no one in this country understand that debt has to be repaid?

Roughly 48% do.

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 09:25 AM (8y9MW)

55 Any ravaging bands of mauraders forming for raid on Solyndra looking for an extra pillager?

Posted by: Randy M at September 22, 2011 09:25 AM (vI8R6)

56 @52 Sure, but why hurry? Just make that minimum payment.

Posted by: Credit Card Bank at September 22, 2011 09:26 AM (Xm1aB)

57 52 Does no one in this country understand that debt has to be repaid?

Posted by: Randy M at September 22, 2011 01:25 PM (vI8R6)

Not sure what you are talking about.

Posted by: Ben "helicopter" Bernake at September 22, 2011 09:26 AM (V6iZd)

58 44 What do you have against solar power anyway?

Me? Nothing. You want to give me an estimate on how many panels it would take on my south facing roof to fire up my toaster?

On a sunny day? In December?

Because I've never found a solar power company that wants to answer those questions.

Posted by: Downscaled Upscale at September 22, 2011 01:23 PM (IhHdM)

your roof, in 10 years (at the rate of decay of the silicon + the MTF rate of the panels)... needs to be about 10 acres big.

Posted by: tangonine at September 22, 2011 09:26 AM (x3YFz)

Note, on the SECOND Loan...

The CEO of Solyndra is pleading the 5th now, and delaying his Congressional Testimony...

This Gov money for these loans, goes out in the next few days...

Coincidence?

Posted by: Romeo13 at September 22, 2011 09:26 AM (NtXW4)

Solyndra failed because we didn't build enough roads for their solar panels to not be shipped to non-existent customers. And because we were selfish and didn't give them the additional 469 million to make more solar panels that would not be sold. It's our fault for not paying it forward enough. sarc/

And I'm still patiently watching to see an in-depth report on this by MSM television. You know, like maybe 60 fucking Minutes!

Posted by: mikeylaw at September 22, 2011 09:26 AM (QMGr1)

Without the second loan to Solyndra, Barry is going to be hard pressed to make his target fundraising figure.

Posted by: Vashta Nerada at September 22, 2011 09:26 AM (ItDg4)

62 56 Any ravaging bands of mauraders forming for raid on Solyndra looking for an extra pillager?

Posted by: Randy M at September 22, 2011 01:25 PM (vI8R6)

just PUG it. No heals.

Posted by: tangonine at September 22, 2011 09:26 AM (x3YFz)

63 Dow -437.

Due to these kinds of practices.

Thanks, SCOAMF.

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 09:27 AM (8y9MW)

(H/T REAL CLEAR POLITICS VIDEO)

"It's great to be here with my husband because the truth is we rarely get to travel together anymore. They separate us. It's like you're over there, you over there. So, this is sort of like our date night," First Lady Michelle Obama said at a fundraiser in New York.

We feel her pain. Since our sweet government cheese ran out we only get to travel to attorneys' offices.

Posted by: Solyndra at September 22, 2011 09:27 AM (VxqUc)

65 Totally 100% off topic. What the heck? Arabic markings on Southwest passengers jets. Posted by: Lemon Kitten at September 22, 2011 01:22 PM

Not so off-topic. The Arabic letters spelled out "Buy Solyndra Solar Panels, Infidel dogs!"

Or was that "Obama 2012" on the fuselages?

Posted by: MrScribbler at September 22, 2011 09:27 AM (YjjrR)

Any ravaging bands of mauraders forming for raid on Solyndra looking for an extra pillager?

Okay, pillagers on the left, impalers in the middle and those of you with the catapults hurling flaming spotted owls on the right.

I get the trident.

Posted by: alexthechick at September 22, 2011 09:27 AM (VtjlW)

67 But, the money was FREE!!!!!!!!

Where's the problem?

Posted by: © Sponge at September 22, 2011 09:27 AM (UK9cE)

68 I'm started to get really pissed I was never in on it.

Posted by: alexthechick at September 22, 2011 01:24 PM (VtjlW)

You TEA party types are just jealous you can't get in on the really good action we have cornered for our cronies!

Posted by: Elizabeth the Red at September 22, 2011 09:28 AM (i3+c5)

69 Republicans see public money being wasted and call it a scandal. Democrats see private money being made and call it a scandal.

Posted by: The Mega Independent at September 22, 2011 09:28 AM (G4CrN)

70 I wonder if Lizzy Warren was on their board.

Posted by: Guy Fawkes at September 22, 2011 09:28 AM (jiVmv)

71 "The Empty Promise of Green Jobs" (HBC)

Â“ObamaÂ’s Green Jobs Pipe DreamÂ” (Heritage)

Posted by: Miss80sBaby at September 22, 2011 09:28 AM (o2lIv)

72 It's not like I have my life's savings in the market or anything. I'd jump off my own roof but I'd probably just break a leg and wouldn't be able to afford the medical bills.

Posted by: tangonine at September 22, 2011 09:28 AM (x3YFz)

just PUG it. No heals.

Annnnnnnnd diet coke out my nose.

Posted by: alexthechick at September 22, 2011 09:29 AM (VtjlW)

74 Just down the road was one of the world's biggest networking companies (rhymes with Crisco). Built up around the campus was tons of business (hotels, restaurants, et.al.). They never took a single loan for Pappy Fed. Yet their business drove (at least partially) the creation of thousands of jobs around the campus. That's how you do it.

Posted by: The Robot Devil at September 22, 2011 01:14 PM (136wp)

Yeah, but who paid for those roads?

Posted by: Elizabeth Harpie Warren at September 22, 2011 09:29 AM (ItDg4)

75 Yeah, funny that. When I completely remodeled my condo, down to the studs, and spent about $150,000 (labor, materials, and furnishings), did I go nuts for the coolest gizmos? No way. Sure, I splurged on mahogany floors from some Italian manufacturer (and they look great, well, they did - it's been a few years), but my cherry cabinetry are Kraftmaid, I don't have yuppie-style appliances (showroom cool but not really all that useful), the ceiling and wall trim is that stock stuff, etc. Why? Because I paid for it using my G-D money and I might need some of it down the road.

Solyndra is a great learning tool. Who husbands other people's money? No one, unless you have a contractual or fiduciary duty to. That social compact stuff? Yeah, blow it out your v-hole E-War.

Posted by: SFGoth at September 22, 2011 09:29 AM (dZ756)

76 Republicans see public money being wasted and call it a scandal. Democrats see private money being made and call it a scandal.

That's true. And it makes me cry.

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 09:29 AM (8y9MW)

77 #65
These two fucksticks live in fucking luxury, together with every possible want taken care of on OUR FUCKING DIME and we are supposed to feel sorry for them.

Is it 2013 yet?

Posted by: Hedgehog at September 22, 2011 09:29 AM (V6iZd)

78 Maybe we should just be happy the green bubble was nipped in the bud so quick?

Posted by: Randy M at September 22, 2011 09:30 AM (vI8R6)

79 And to think the commie-crats in the Houses voted against the CR because it didn't have enough money in it for these kind of "green fraud" projects.

Posted by: Vic at September 22, 2011 09:30 AM (M9Ie6)

80 See that's what I am talking about. You built a factory with our help, now give us more of your profits.

Wha? What do you mean you don't have any profits?

Posted by: Lizzy Warren at September 22, 2011 09:31 AM (jiVmv)

This Gov money for these loans, goes out in the next few days...

Coincidence?

Posted by: Romeo13 at September 22, 2011 01:26 PM (NtXW4)

Wait...what?! Am I reading this wrong or are you saying the money from the second loan goes to Solyndra in the next few days? (I'm seriously sleep deprived so I'm probably reading it wrong.)

Posted by: Tami at September 22, 2011 09:31 AM (X6akg)

82 Ot ace but why do no romney threads? He is attacking perry with dem talking points and he is not a dead horse like baxhmann

Posted by: Flapjackmaka at September 22, 2011 09:32 AM (jhpbW)

83 I'd jump off my own roof but I'd probably just break a leg and wouldn't be able to afford the medical bills.

Posted by: tangonine at September 22, 2011 01:28 PM (x3YFz)

We have a solution for that!

Posted by: IPAB Team at September 22, 2011 09:32 AM (i3+c5)

84 What do you have against solar power anyway?
Posted by: I Care About the Enviroment at September 22, 2011 01:16 PM

It's way too expensive and not all that incredibly efficient.

I don't WANT more batteries around me.

Posted by: © Sponge at September 22, 2011 09:32 AM (UK9cE)

85 75 Just down the road was one of the world's biggest networking companies (rhymes with Crisco). Built up around the campus was tons of business (hotels, restaurants, et.al.). They never took a single loan for Pappy Fed. Yet their business drove (at least partially) the creation of thousands of jobs around the campus. That's how you do it.

Posted by: The Robot Devil at September 22, 2011 01:14 PM (136wp)

Yeah, but who paid for those roads?

Posted by: Elizabeth Harpie Warren at September 22, 2011 01:29 PM (ItDg4)

Oh! ME ME ME

Posted by: The Tax Fairy at September 22, 2011 09:32 AM (x3YFz)

86 Milton Friedman's "4 Types of Spending" in an eco-corporatist age. Q.E.D.

Posted by: micmcn at September 22, 2011 09:32 AM (bYrHX)

87 Why the Enron comparisons? Did the taxpayers give Enron a 500 million dollar loan?

Posted by: elliot m at September 22, 2011 09:33 AM (zPich)

88
It's great to be here with my husband because the truth is we rarely get to travel together anymore. They separate us.

I bet Hillary wishes she'd thought of that spin.

Posted by: arhooley at September 22, 2011 09:33 AM (jmWma)

89

Â“President Obama is going to be continuing to focus.. He has brought us so farÂ…. You know weÂ’ve really begun to turn the economy around.
--Debbie Wasaman Schultz
August 2011

Posted by: soothsayer the marauder at September 22, 2011 09:33 AM (sqkOB)

90 80 Maybe we should just be happy the green bubble was nipped in the bud so quick?

Posted by: Randy M at September 22, 2011 01:30 PM (vI8R6)

OUCH!

Posted by: Al Gore's Bud at September 22, 2011 09:33 AM (x3YFz)

91 What do you have against solar power anyway?

This guy is getting him some solar energy.

Posted by: WalrusRex at September 22, 2011 09:34 AM (Hx5uv)

92 Wait...what?!Â Am I reading this wrong or are you saying the money from the second loan goes to Solyndra in the next few days? (I'm seriously sleep deprived so I'm probably reading it wrong.) ------- No, the $25B DOE loan program has to be paid out by September 30th. No more money to Solyndra, but there are plenty of other "Solyndras" with their hands out waiting. And they'll probably get it.

Posted by: Johnny (John E.) at September 22, 2011 09:34 AM (nRTou)

93 "Maybe we should just be happy the green bubble was nipped in the bud so quick?" Interesting point. Support for defending "green" on its supposed merits is weak. The economy is *that* bad. Here's to hoping that the backlash is strong enough to crush the regulatory obstacles to domestic energy production.

Posted by: FRONT TOWARD LEFT at September 22, 2011 09:35 AM (cbyrC)

94 Â“President Obama is going to be continuing to focus.. He has brought us so farÂ…. You know weÂ’ve really begun to turn the economy around.
--Debbie Wasaman Schultz
August 2011

Kind of a sharp turn day, Debbie.

Posted by: WalrusRex at September 22, 2011 09:35 AM (Hx5uv)

95 I'd love it if some Republican floated a bill to do the following: tax at 99%, all income/gains/whatever a person gets a year if their net worth is over $10,000,000. Let's see the howls of support from top Dems and coastal elites. If you're worth over $10,000,000 and you're hungry, sell a few shares you greedy, social compact -violating a-hole.

Posted by: SFGoth at September 22, 2011 09:35 AM (dZ756)

96 I want you... to want me! *thousands of journalists squeal in excitement; guitar kicks in* I want you to want me! I need you to need me! I'd love you to love me! *media continues shrieking* And if you love me, you'll help me pass this bill! *guitar solo*

Posted by: Barack Obama, Live at Budokan at September 22, 2011 09:35 AM (r1ARs)

97 94 Wait...what?! Am I reading this wrong or are you saying the money from the second loan goes to Solyndra in the next few days? (I'm seriously sleep deprived so I'm probably reading it wrong.)

-------

No, the $25B DOE loan program has to be paid out by September 30th. No more money to Solyndra, but there are plenty of other "Solyndras" with their hands out waiting. And they'll probably get it.

Posted by: Johnny (John E.) at September 22, 2011 01:34 PM (nRTou)

can we get some lovin'?

Posted by: The artist formerly known as ACORN at September 22, 2011 09:35 AM (x3YFz)

98 He is attacking perry with dem talking points and he is not a dead horse like baxhmann

Inquiring minds want to know.

Actually- I kind of do already- for all that he's using "Dem talking points," they're not as unhinged as Bachmann, and there are only so many hours (and therefore posts) in a day.

But, Ace, a brief deconstruction of some of the most egregious errors in Romney's reprehensible rhetoric might be nice.

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 09:35 AM (8y9MW)

99 Geez, if only another, smaller country had tried to transition to a "green" economy. We could have learned a lesson on the results....Wait what??
http://tinyurl.com/chvbsb

Nevermind.

Posted by: Hedgehog at September 22, 2011 09:36 AM (V6iZd)

100 95 Even my redneck cousin who lives in the hills uses solar panels to lift his boat out of the water.

You lie, or are a troll, or are incredibly stupid -- or most likely all three. First of all, he's most likely using the panels to recharge a battery, which powers a motor, which lifts a relatively small boat.

Posted by: Downscaled Upscale
///
No, it's true, you wedge the panels under the boat and pull. Ergo, using solar panels to lift boat out of water.

Posted by: SFGoth at September 22, 2011 09:36 AM (dZ756)

101 Roughly 48% do.

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 01:25 PM (8y9MW)

Let us all work very, very hard to make that statement incorrect -- say, on the order of -- low by 12%.

A fella can dream!

Posted by: CharlieBrown'sDildo (NJConservative) at September 22, 2011 09:37 AM (LH6ir)

102

No, the $25B DOE loan program has to be paid out by September 30th. No more money to Solyndra, but there are plenty of other "Solyndras" with their hands out waiting. And they'll probably get it.

Maybe they'll learn a lesson from all this and save a bit of the loan for tickets out of the country.

Posted by: Randy M at September 22, 2011 09:37 AM (vI8R6)

103 A lot of sorry, corrupt sons of bitches need to do prison time over this. A lot of sons of bitches.

Posted by: Penile Epiphany at September 22, 2011 09:37 AM (OlN4e)

104 97 Â“President Obama is going to be continuing to focus.. He has brought us so farÂ…. You know weÂ’ve really begun to turn the economy around.
--Debbie Wasaman Schultz
August 2011

Kind of a sharp turn day, Debbie.

Posted by: WalrusRex at September 22, 2011 01:35 PM (Hx5uv)

naw. you know that idiot will never admit she's wrong: 700 point loss in 2 days in the market = job creation.

You can't fix stupid.

Posted by: tangonine at September 22, 2011 09:37 AM (x3YFz)

105 Nice to see Perry hitting back at Romney on this SS thing with his Fox editorial. Perry needs to step it up tonight or he will continue to falter.

Posted by: Dave at September 22, 2011 09:37 AM (Xm1aB)

106

We feel her pain. Since our sweet government cheese ran out we only get to travel to attorneys' offices.

Posted by: Solyndra at September 22, 2011 01:27 PM (VxqUc)

I've not seen a more uncomfortable looking two people in one picture than the one of those two shitst*cks kissing.

Posted by: © Sponge at September 22, 2011 09:37 AM (UK9cE)

107 "And they'll probably get it." And anyone leaving fingerprints anywhere near the approval chain of paperwork enabling these parasites had better lawyer up now.

Posted by: FRONT TOWARD LEFT at September 22, 2011 09:37 AM (cbyrC)

108 This is the fundamental characteristic of the Obama presidency:, not just the overspending; nor just the conceit that government can do a better job of picking winners and losers than the market;

but the sheer corruption of its Chicago patronage culture.

Posted by: Arms Merchant at September 22, 2011 09:37 AM (hW3KZ)

109

Wait...what?! Am I reading this wrong or are you saying the money from the second loan goes to Solyndra in the next few days? (I'm seriously sleep deprived so I'm probably reading it wrong.)

Posted by: Tami at September 22, 2011 01:31 PM (X6akg)

The money in that loan guarentee program must go out before the end of the Fiscal Year... which is in a few days.

We still do not really know the status of Solyndra's second Loan.

Solyndra's CEO wants to Delay his testimony to Congress.

As the old internet meme goes... "I questioin the timing".

Posted by: Romeo13 at September 22, 2011 09:37 AM (NtXW4)

110 No really, its cheaper than wood or concrete. And we found them just lying around.

Posted by: Solar boat ramps R us at September 22, 2011 09:37 AM (jiVmv)

111 Solyndra is to Green Jobs what the Hindenburg was to hydrogen blimp transportation.

Posted by: al-Cicero, Tea Party Jihadist at September 22, 2011 09:37 AM (QKKT0)

112 No, the $25B DOE loan program has to be paid out by September 30th. No more money to Solyndra, but there are plenty of other "Solyndras" with their hands out waiting. And they'll probably get it.

Posted by: Johnny (John E.) at September 22, 2011 01:34 PM (nRTou)

Ok....Romeo13 seemed to be drawing a connection between Solyndra's 2nd loan money going out and the execs taking the fifth. At least that's how it read to me....

Posted by: Tami at September 22, 2011 09:37 AM (X6akg)

113

Let us all work very, very hard to make that statement incorrect -- say, on the order of -- low by 12%.

A fella can dream!

4% would be enough.

Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 09:38 AM (8y9MW)

114 Fuckin' Obama gave $535 million to Solyndra and all I got was this lousy "I am Troy Davis T-Shirt." FML.

Posted by: Empire of Jeff at September 22, 2011 09:38 AM (z/Mo8)

115 I've not seen a more uncomfortable looking two people in one picture than the one of those two shitst*cks kissing. Posted by: Â© Sponge at September 22, 2011 01:37 PM (UK9cE) Ya forgetting that pic of Hillary and Bill kissing on Martha's Vindyard after monica blew him?

Posted by: nevergiveup at September 22, 2011 09:39 AM (i6RpT)

116 These two fucksticks live in fucking luxury, together with every possible want taken care of on OUR FUCKING DIME and we are supposed to feel sorry for them.

Is it 2013 yet?

Posted by: Hedgehog at September 22, 2011 01:29 PM (V6iZd)

Those two sure spend a lot of time bitching about how damn hard this job is since they've been in the WH.

They're welcome to leave any time. I guess affirmative action doesn't translate to LEADING the NATION very well.

Posted by: © Sponge at September 22, 2011 09:39 AM (UK9cE)

117

You know weÂ’ve really begun to turn the economy around.
--Debbie Wasaman Schultz
August 2011

Yep, from Free Market, to Socialist....

Posted by: Romeo13 at September 22, 2011 09:40 AM (NtXW4)

118 115 Solyndra is to Green Jobs what the Hindenburg was to hydrogen blimp transportation.

Posted by: al-Cicero, Tea Party Jihadist at September 22, 2011 01:37 PM (QKKT0)

did someone reference exploding transportation?

Posted by: 1971 Ford Pinto at September 22, 2011 09:40 AM (x3YFz)

119 Instead of taking a chance of being taken advantage of by greedy businessmen, in the future President Obama should have the EPA construct solar panel factories that could then sell directly to the public.

Posted by: I Care About the Enviroment at September 22, 2011 09:41 AM (Xm1aB)

120 My neighbor kid uses solar panels to burn ants, so don't tell me they're useless.

Posted by: Dr Spank at September 22, 2011 01:23 PM (BcpOa)

Half a billion buys a lot of magnifying glasses.

Posted by: Oldcat at September 22, 2011 09:41 AM (z1N6a)

121 120 It appears the Red Meat thread has awaken the morons mighty early.

I think the Hobos are in for some trouble tonight from maundering morons.

Just saying, hide the Valu rite.

Posted by: Billy Bob, the guy who drinks in SC at September 22, 2011 01:39 PM (hXJOG)

Cover your boobies in bacon! Daddy's home!

Posted by: tangonine at September 22, 2011 09:41 AM (x3YFz)

122 Ok....Romeo13 seemed to be drawing a connection between Solyndra's 2nd loan money going out and the execs taking the fifth.Â At least that's how it read to me.... ----- There might be a connection there, but Solyndra isn't getting any NEW money right now. It's unclear whether Solyndra ever got that second loan (or if it was approved).

Posted by: Johnny (John E.) at September 22, 2011 09:41 AM (nRTou)

123 42 Totally 100% off topic. What the heck? Arabic markings on Southwest passengers jets.

I'm guessing it reads "This jet has been inspected by: Mohammed Atta".

Posted by: Brandon In Baton Rouge at September 22, 2011 09:42 AM (VZ10+)

124 The real reason, and the as of yet un-discussed aspect, is that these execs were trying to take this thing public. This is why they wanted the shiny things. Goldman and Obama's friends would make millions when they went public.

Posted by: cherry pi, terrorist hostage taking SOB at September 22, 2011 09:43 AM (OhYCU)

125 Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 22, 2011 01:38 PM (8y9MW)

Oh, a 50% +1 vote is enough, but I want a biblical beat-down on this anti-American cocksucking piece of shit.

I want the liberals and progressives and plain old communists to be bleeding from their eyes on November 7th 2012. I want them to be terrified that this time they went too far, and the country is going to punish them for a very long time. I want Obama to slink off in disgrace to whatever shithole state will take him. I want the pain that he and his minions have inflicted on the American people to be paid back tenfold.

Posted by: CharlieBrown'sDildo (NJConservative) at September 22, 2011 09:43 AM (LH6ir)

126 A lot of sorry, corrupt sons of bitches need to do prison time over this. A lot of sons of bitches.

Posted by: Penile Epiphany at September 22, 2011 01:37 PM (OlN4e)

Wait, I thought that possibility was specifically excluded in the loan application!

Posted by: $. O'Lyndra at September 22, 2011 09:43 AM (i3+c5)

127

Half a billion buys a lot of magnifying glasses.

How about a half-dozen $16 muffins instead?

Think of the ant children!

Posted by: Ant Lobby at September 22, 2011 09:44 AM (XdlcF)

128 well shazzam!!!

Posted by: Honey Badger at September 22, 2011 09:44 AM (GvYeG)

129 Those two sure spend a lot of time bitching about how damn hard this job is since they've been in the WH. ------ It is amazing how much whining he does. What did W. say? Something about "great leaders never project their frustrations onto the citizenry" or something like that. That's all Obama ever does. Constantly.

Posted by: Johnny (John E.) at September 22, 2011 09:44 AM (nRTou)

130 Arabic monkeys on Southwest passenger jets???? What?

Posted by: cherry pi, terrorist hostage taking SOB at September 22, 2011 09:44 AM (OhYCU)

131 Ya forgetting that pic of Hillary and Bill kissing on Martha's Vindyard after monica blew him?

Posted by: nevergiveup at September 22, 2011 01:39 PM (i6RpT)

I stand by my statement because I didn't see that picture. I only saw the one someone linked the other day when they were in bathing suits and kissing.

Posted by: © Sponge at September 22, 2011 09:44 AM (UK9cE)

132

Even my redneck cousin who lives in the hills uses solar panels to lift his boat out of the water.

Is he getting the boat out of his bathtub?

Posted by: Katy Beth at September 22, 2011 09:44 AM (15p9L)

133 did someone reference exploding transportation?

We were going to do a story on this Solyndra thing but the panels wouldn't blow up when we lit the estes rocket motors.

Posted by: Dateline at September 22, 2011 09:44 AM (tf9Ne)

134 I've not seen a more uncomfortable looking two people in one picture than the one of those two shitst*cks kissing.

Posted by: Â© Sponge at September 22, 2011 01:37 PM (UK9cE)

Uh Hmm , I imagined both of them thinking, please don't muss my hair or get mascara /make-up on my clothes.

Posted by: willow at September 22, 2011 09:45 AM (h+qn8)

135 I only saw the one someone linked the other day when they were in bathing suits and kissing. Posted by: Â© Sponge at September 22, 2011 01:44 PM (UK9cE) That's the one.

Posted by: nevergiveup at September 22, 2011 09:45 AM (i6RpT)

136 95 Even my redneck cousin who lives in the hills uses solar panels to lift his boat out of the water.

Are you suggesting that rednecks are typically too stupid to see the benefit of being self sufficient? I think you may be thinking about urban liberals there. Most of the rednecks I know can skin a buck, know how to grow and can food, and in fact enjoy not being reliant on the government.

Not wanting to torpedo an already teetering economy with Cap and Trade does not mean we don't care about the environment. I also don't think you fully understand the Solyndra story. It has nothing to do with being against solar technology.

My cousin runs a solar install company and simply would not be in business if not for government subsidies. That reminds me, I'm gonna have to email her to see what she thinks about all this.

Posted by: Rex Harrison's Hat at September 22, 2011 09:46 AM (4136b)

137 136 Don't blame this on us ...

Posted by: Retarded gay chimps at September 22, 2011 09:46 AM (GvYeG)

138

Ok....Romeo13 seemed to be drawing a connection between Solyndra's 2nd loan money going out and the execs taking the fifth. At least that's how it read to me....

Posted by: Tami at September 22, 2011 01:37 PM (X6akg)

Yep... you got it.... thats the exact question I am asking...

Remember, these are the same Hubris filled folks, in both the Government, and "Green Movement" which have been perpetuating Fraud worth billions of dollars, for years...

They really do think they can get away with this kind of stuff... and sadly.... have for a few years...

These are the same folks who are giving ACORN funds, even though there is a specific LAW against it.... the same folks who did not enforce the Gun Laws in GunWalker... the same folks who started a Clearly Unconsitutional War in Libya... the same folks who are still in contempt of Court on Drilling Permits in the Gulf (last I heard, story has totaly dropped off the grid).

There Hubris is huge.... because they HAVE gotten away with a lot of clearly Illegal acts...

Posted by: Romeo13 at September 22, 2011 09:46 AM (NtXW4)

139 That's the one.

Posted by: nevergiveup at September 22, 2011 01:45 PM (i6RpT)

Oh...that one looked more like the beginnings of an orgy compared to the Obamionaires, I thought.

Posted by: © Sponge at September 22, 2011 09:47 AM (UK9cE)

140 There's a solar panel charging the battery in my deer feeder that's working Ok. I'm doing my part to save the environment.

Posted by: © Sponge at September 22, 2011 09:48 AM (UK9cE)

141 My cousin runs a solar install company and simply would not be in business if not for government subsidies. That reminds me, I'm gonna have to email her to see what she thinks about all this.

Posted by: Rex Harrison's Hat at September 22, 2011 01:46 PM (4136b)

Then, she should NOT be in that business... we have better things to be spending our money on, that investments which do not make economic sense.

Posted by: Romeo13 at September 22, 2011 09:48 AM (NtXW4)

142 @131 Exactly. Every one even remotely associated with this administration needs to be perp walked to Supermax live on Fox with Brett and maybe even Brit Hume, along with Rush and Glenn, doing commentary. Maybe a little Ann Coulter too, with some legal insights.

Posted by: Katy Beth at September 22, 2011 09:48 AM (15p9L)

143 Solar power is working wonders on my grass today.

Posted by: cherry pi, terrorist hostage taking SOB at September 22, 2011 09:49 AM (OhYCU)

144

How about a half-dozen $16 muffins instead?

Think of the ant children!

Posted by: Ant Lobby at September 22, 2011 01:44 PM (XdlcF)

They are called 'grubs' for a reason. Not cute enough.

Posted by: Oldcat at September 22, 2011 09:49 AM (z1N6a)

145 Yea, I'd like to see Ann Coulter perp walked also.

Posted by: cherry pi, terrorist hostage taking SOB at September 22, 2011 09:49 AM (OhYCU)

146 Would anyone be surprised if Obama's boys did approve the 2nd loan?

Posted by: Kaitian at September 22, 2011 09:50 AM (w+Au4)

147 My cousin runs a solar install company and simply would not be in business if not for government subsidies. That reminds me, I'm gonna have to email her to see what she thinks about all this.

Posted by: Rex Harrison's Hat at September 22, 2011 01:46 PM (4136b)

Therefore, she's not in business, she's on the dole.

Posted by: Oldcat at September 22, 2011 09:50 AM (z1N6a)

148 I think I remember you used to be able to buy carbon offsets on Expedia to assuage your guilt for jetting to Cancun. I wonder how many dumbasses forked over cash for that.

Posted by: Beefy Meatball at September 22, 2011 01:50 PM (bZ8J6)

Not many. Liberals already believe they are above the law.

Posted by: Oldcat at September 22, 2011 09:52 AM (z1N6a)

149

Then, she should NOT be in that business... we have better things to be spending our money on, that investments which do not make economic sense.

Posted by: Romeo13 at September 22, 2011 01:48 PM (NtXW4)

You'll get no argument from me. She tried to sell me a system for my home, dangled a huge tax credit in front of me. I'd like to go off the grid as much as I can but the math, it didn't make sense.

Posted by: Rex Harrison's Hat at September 22, 2011 09:52 AM (4136b)

150 153 Would anyone be surprised if Obama's boys did approve the 2nd loan? ------- Not at all. In fact, since we can't seem to get a straight answer I bet they did.

Posted by: Johnny (John E.) at September 22, 2011 09:52 AM (nRTou)

151 When I see a young company spending money on fripperies like fancy office space and high tech conference rooms my first thought is the managers are either fools or con men. This is especially true in manufacturing where the money should all be out on the shop floor.

Posted by: NC Mountain Girl at September 22, 2011 09:55 AM (8v6LV)

152 Posted by: Romeo13 at September 22, 2011 01:46 PM (NtXW4)
If the President does it, it cannot be illegal.
Harvard Law 101 taught us that we are a nation of lawyers, not men!

Posted by: DOJ Constitutional Interpreter at September 22, 2011 09:57 AM (i3+c5)

153 Ace: "People take good care of their own money. They earned it, they sweated it. They are reasonably careful about how they dispose of it."

micmcn, #88: "Milton Friedman's "4 Types of Spending" in an eco-corporatist age. Q.E.D."

I was thinking of P.J. O'Rourke's interpretation of Friedman:
4) You spend someone else's money on someone else. And in this case, who gives a shit?
Most government spending falls into Class 4.

Posted by: JPS at September 22, 2011 09:57 AM (ARRCK)

154 What a bust out, the left has totally raided and spent everything and the GOP hasn't the brains or balls to stop it. I am wondering why bother, when union thugs are getting pensions that I'll never see. Why not just become Ragnar Danneskjold or pull an Archer and become a loser bartender on an island far away.

Posted by: joeindc44 at September 22, 2011 10:00 AM (QxSug)

155

BUT THE ROADS THEY DROVE ON WITH THE TWINKIES THEY FED THEIR FAT EMPLOYEES!!!!!!!!!!!!!!

ARRRRGHHH!!!! SCREAM!!!!

Posted by: Rev Dr E Buzz at September 22, 2011 10:15 AM (JOGpk)

156 The Weasel Zipper blog had a video of Kaiser from Solyndra bragging about how much money he was getting from Obama yesterday. I have a feeling the WH is very worried about everything that is coming out.
BTW, Debbie Wassermans mother is going to jail. Link is in my name. Her step father is already in jail. The whole administration is full of crooks.

Posted by: chillin the most for Perry at September 22, 2011 10:16 AM (6IV8T)

157 Twinkies remind me of Zombieland ... great movie ...

Posted by: Honey Badger at September 22, 2011 10:31 AM (GvYeG)

158 There's only one thing left:

"Also, Paulie could do anything. Especially run up bills on the joints credit. And why not? Nobodys gonna pay for it anyway. And as soon as the deliveries are made in the front door, you move the stuff out the back and sell it at a discount. You take a two hundred dollar case of booze and you sell it for a hundred. It doesnt matter. Its all profit. And then finally, when theres nothing left, when you cant borrow another buck from the bank or buy another case of booze, you bust the joint out. You light a match."

So when does the factory burn down?

Posted by: Nighthawk at September 22, 2011 10:38 AM (OtQXp)

159

Posted by: chillin the most for Perry at September 22, 2011 02:16 PM (6IV8T

The first thing in that story that jumps out is the term "green space" laws. License to commit fraud and corruption.

Posted by: Vic at September 22, 2011 10:41 AM (M9Ie6)

160 We also need to investigate how much of that $$ Solyndra paid to its executives and investors/owners. I am willing to bet anything that a bunch of those people got fat raises, bonuses, dividends and/or other compensation out of that federal money.

Posted by: Monkeytoe at September 22, 2011 10:45 AM (sOx93)

161

Hastily purchased state-of-the-art equipment ended up being sold for pennies on the dollar, still in its plastic bubble wrap, employees said.

The mafia use to do this all the time its called "busting out a place" it was a huge money maker for them.Of course after they busted the place out they use to burn it down for the insurance money,I suppose the feds moved in before Solyndra had time to do that

Posted by: kj at September 22, 2011 10:56 AM (ZCmZK)

162

Reset the rules of government lending.

Rule #1: You, the borrower, being the living entity that serves the corporation in any official capacity, are playing a game of You Bet Your Life. If you win in business, whether through skill, tenacity, luck, divine intervention, etc. and replay this loan and fair interest, you keep your life. On the other hand, if you fail in your business venture and squander these public funds, for any reason whatsoever, including bad luck, you lose your life. No do-over's allowed. No whining, no excuses. Results only accepted.

This simplified form would be self policing on the front end, encourage strong business ethics/practices and put a torch to the corporate veil once and for all.

Posted by: Errol at September 22, 2011 10:59 AM (vewos)

163 A new factory built with public money boasted a...

Seems to me this was the problem from the get-go. Historically, startups and young companies here would forego building their own facilities until they were solidly profitable. Solyndra built a brand-new factory (in fucking expensive California, no less) early on before reaching that point.

Posted by: Blacque Jacques Shellacque at September 22, 2011 11:07 AM (1rHeD)

164 yup, a bust out.

Posted by: joeindc44 at September 22, 2011 11:18 AM (QxSug)

165 Obama needs to be tried and jailed, along with everyone connected with this fraud.

Posted by: Molon Labe at September 22, 2011 11:40 AM (S7K8x)

166 Obama is a stuttering clusterf*ck of a miserable failure.

Posted by: steevy at September 22, 2011 12:23 PM (fyOgS)

167 maybe you morons can make something of this. Remember Lightsquared? Well they've announced their partner who will produce the devices we'll all have to retrofit to or buy new in order to use GPS. The company is Javad GNSS. They do have an office in San Jose, but they do all of their R & D in Russia and the company itself has close ties to IRAN. So is everyone ready to retrofit and make Lightsquared and Javad more money than any other U.S. company by taking over both GPS and the 4G & Satellite markets forcing out everyone who doesn't want to buy their patented and licensed products. Additionally the Lightsquared plan will kill Galileo and China's COMPASS, but leave Russia's GLONASS alone? Tried to get some others to bring Lightsquared up again, maybe you Morons can do better.

Posted by: Jason Coleman at September 22, 2011 01:42 PM (/almX)

168 Nice commentary. last thirty days I uncovered this internet site and desired to permit you be conscious that iÂ’ve been gratified, heading via your siteÂ’s posts. I should certainly be signing equally as much as the RSS feed and can wait around for another post.

Posted by: The Detachment AudioBook at September 22, 2011 06:01 PM (+uroR)

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