I find it highly funny thta Obama calls out the subsidies by the Chinese government as a reason that Solyndra went belly up.
In doing this, he highlights exactly why the government was the only reason Solyndra was funded in the first place--because no private investor in their right mind would throw money down that rat hole when it was fully known that the cost advantage vs. China was a non starter.
Obama is a fool.
He thinks he knows hot to allocate capital better than the free market and he has been proven dead fucking wrong time and time again.
But this won't stop the commi moonbats, and socialist shills to STILL continue to believe that their system of organizing an economy is superior to capitalism.
What a joke--failure after failure, and these fools never learn.
In all seriousness, why does everyone let the Secretary of Energy off the hook on this? If you think attacking the President is going to get you anywhere on this, you are the one that is a fool. The best thing that could come of this, is that if people (the media included) would hold the cabinet level person responsible for this fiscal disaster accountable, it would not be unreasonable to force his resignation and/or dismissal.
For a number of reasons Chu needs to be removed. The extent of bad decisions that have come down during his tenure is bad, even by the low bar set by the DOE. The cynic in me says the only reason to keep Chu in his position is so that he can make further colossal mistakes that strengthen calls for dissolving the DOE. I am kind of torn, because I think a coherent energy policy is vital for America, but the history of DOE fucking things up is so bad, we would arguably be better off with no energy policy or DOE as compared to the shit sandwich we have right now.
That's fine if you want Chu replaced, but he is just a pawn, that implements Obama's failed green energy policy.
I can attack Obama on this because it is his policy, it is his decision to invest in these technologies which are doomed to fail.
Hell, you guys know I have predicted this for at least the last couple years and I have the threads to show it.
This was all very predicable.
He's modeled his plan after Spain and other countries that have also failed at the green energy subsidy game.
It's a fucking joke, so don't bring that weak ass shit, that I can't criticize this guy for wasting a measly $500M on Solyndra, because it is not just this debacle that we are talking about, in fact, the fucking list of Obama's green energy disasters is so long, that when I search on my old posts about them, Dan's servers shit themselves.
And if anyone here wants to challenge me on any of this then step right up, I have a long history of following Obama's failed energy policy, so I'm warning you now, the odds of your success in countering my claims are fucking dead nuts zero.
So here you yoda, my post from May 2010 predicting ALL of this shit: http://forum.slowtwitch.com/..._latest_reply;so=ASC
"I really wish you would post more often. You always have some good stuff to say. I copied it below just in case someone missed it." BarryP to Chainpin on 10/21/06