Wednesday, August 31, 2011

ADIOS HALF A BILLION TAXPAYER DOLLARS

THIS is the problem when GOVERNMENT gets involved. Consider when the FBI sniper Lon Horiuchi murdered Vicki Weaver and her infant, the Weaver's received a 3 million dollar settlement, paid to them by the Feds, from our tax dollars. ANYTIME the Feds get involved and they do something stupid (which is a lot) WE foot the bill, not the guilty party/parties, who all to frequently WALK AWAY unscathed by it, enjoying a promotion to a non-job to while away their days until retirement, or being allowed to retire.

So now, we have ANOTHER so-called green jobs company that has sh*t the bed, AFTER the red diaper baby touted how great they were.


EXCERPT: "Shortly after it opened a massive $700 million facility, it canceled plans for a public stock offering earlier this year and warned it would be in significant trouble if federal loan guarantees did not go through. The company has said it will make a statement at 9am California time, though it's not clear what that statement will be. An NBC Bay Area photographer on the scene reports security guards are not letting visitors on campus. He says "people are standing around in disbelief." The employees have been given yellow envelopes with instructions on how to get their last checks.

Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said "it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that."

The federal government offered $535 million in low cost loan guarantees from the Department of Energy."

So while the crybaby asshats on the Left whine and moan about Wall St, HERE is a green job company TOUTED by Jug Ears, that is now defunct for 535 MILLION US taxpayer dollars. BTW, former Solyndra CEO Christian Gromet donated $1,000 to Boxer's campaign. Hmmm. The Gunny wonders if that helps a few strings get pulled in DC?

Now the US taxpayer will suck up the loss because some idiot in the Dept of Energy thought that this would be a great investment and since it ain't THEIR money, what the hell, throw the dice.

Now the Gunny doesn't give a damn about the people laid off because most, if not all of them, voted for Obama so they OWN that Hopey/Changey thing...how's that working for you libs out there on the Left Coast? SOMEONE needs to be held accountable but with this regime, like all liberals, they'll just wash their hands of it and move to the next bright and shiny object that catches their fancy, like the little children they are. 

One day, soon the Gunny hopes, Americans will wake up to the fact that DEMOCRATS are THE ENEMY of our liberty, our rights, our national security, our prosperity, AND OUR FUTURE! So STOP voting for these a**holes will ya?


BUT HE SURE KNOWS HOW TO SPEND OUR MONEY!


UPDATE: It appears that OBAMA DONORS were backing this company as well so is there any wonder WHY they would not feed at the government trough? 

http://www.nbcbayarea.com/news/local/Solyndra-Shutting-Down-128802718.html

16 comments:

  1. Hey what happened to all the folks running Fannie Mae and Freddie Mac? Surely they were all fired and now they're flipping burgers or sweeping floors somewhere, right? :)

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  2. CW,

    I don't blame the employees at F&F, I blame the DEMOCRAT PARTY, especially Frank and Dodd who LIED about their solvency AND who stood in the way of reform.

    I'd LOVE to tar and feather the both of them.

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  3. Just goes to show you,if you own a business,tell Obama to stay the fuck away if you hope to REMAIN in business. Damn fool has been the kiss of death for a host of these so-called "green" businesses. Only thing GREEN about them is the absolute frigging waste of OUR green on them.Gotta ask,WHERE the hell did all that money go?

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  4. clyde,

    It went into the pockets of the Obama donors who backed this dead horse.

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  5. Only green thing about them is their sh!t ;)

    (BTW, this is YLG!)

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  6. YLG,

    Long time no hear! Another TH survivor showing up. I heard TH has gone downhill bad.

    Every time Zero opens his suck hole, BS pours out.

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  7. Great post as usual Gunny. I love the nicknames you toss out, I'm still laughing about Jug Ears.

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  8. This was company #3 that has filed for bankruptcy. Expect there to be more.

    US companies cannot compete in a world market place in direct competition with the ChiComs or Indians. US solar panels are more that twice the price. That said, even with cheap solar panels they are still too expensive to use. That said, solar or wind is nothing but BS as an alternative to our present power sources.

    Last year I spent a lot of time researching wind & solar in an attempt to go off-grid. What I discovered was that the material costs ONLY would be a $256K investment. My average electric bill is $150 a month. Compare that with the fact that solar panels last 35 years, batteries (maybe) 8 years, wind turbines 10 years, the net result is that alternative liberal energy is cost prohibitive... even using ChiCom materials.

    Further, insurance companies will not insure wind turbines.

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  9. Gunny,
    There are stories like this one from all over the place.
    Obama's 780 billion dollar "scamulus" package has been a wormhole for disappearring tax dollars with little oversight and even less accountability.
    How many different stories have we all heard about "green" or, "connected" companies that got millions and only "created" 3 jobs for the money?

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  10. We're never going to see the end of libs as long as they keep promising tax dollars to people, who are voters, and vote their own wallets. It's just that simple.

    "When the people awaken to the fact that they can vote to themselves generous gifts from the public treasury, democracies fail" -- Tytler.


    Remember that? It's exactly the basis of liberalism, robbing Peter to pay Paul, thus assuring Paul's vote every time.

    And since there are a whole lot of Pauls, we have a huge problem on our hands.

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  11. No Clue is RIGHT as far as Democrats are conserned-of course they know a LOT about spending OUR money. good post Guns --I am another TH blogger concidering jumping to BlogspotI invite you to see my lastest post at the chronicle (formerly Crossbow's corner)

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  12. Paladin,

    What makes it so funny is that his ears just complete the image of a meandering fool totally oblivious to his incompetence.

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  13. Hardnox,

    Exactly right and when we have PLENTIFUL amounts of oil and coal that when matched with clean technology, WILL give us cheap energy!

    The whole green movement is a commie end run, nothing more.

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  14. Sepp,

    Van Jones was given BILLIONS in Porkulous money and nothing happened except he quit. Where did the money go?

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  15. BrianR,

    Great post and I could not agree more. We have WAYYYYYYYYYYY too many Paul's and again, that is the result of runaway liberalism and decades of a nanny state that tells people it ain't their fault, 99 WEEKS of unemployment, free welfare, etc.

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  16. Crossbow,

    Don't forget their RINO buddies. They can spend as well while pissing on the Constitution.

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