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 when I search on my old posts about it, 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
Are you also predicting the sun will rise tomorrow?
I agree solar subsidies to the level being doled out by the current administration are stupid and a huge waste of money. It did not take any level of intelligence to predict the failure, hence if you want to take credit for predicting this, I am not going to argue with you. Just need to look at the German solar experience to see where this is going.
Do you believe that Obama personally signed off on or had specific knowledge about the Solyndra loan in particular? This is yes or no.
Yes, I agree as chief executive who appointed Stephen Chu he is not absolved from blame. Who do you believe has more personal responsibility for Solyndra? Obama or Stephen Chu?
Are you stupid enough to think you are going to get Obama removed from office with any of your complaints. I will go on record right now and bet you $100 Obama gets re-elected.
I think there is a real probability that Chu could get tossed and some change in policy could be enacted, but again, the legion of morons keep attacking Obama. Ain't going to happen. There is a clear fall guy here, Chu. If he is set up right, Obama is probably smart enough to sacrifice him. Do you really think Obama is not smart enough to recognize what a political liability Solyndra is? If he was given a reasonable out to take another turn, he might do it. Direct attacks on Obama are not going to result in a capitulation on this and a change in direction of policy. Direction of the majority of the blame should be placed on Chu.
Go ahead and blame it all on Obama. All it is doing is causing him and his supporters to do is dig in their heels. In the end, I think you enjoy all these fuckups, because you are just miserable and want to complain about something. I will laugh in November when Obama is re-elected because you and all the other trolls couldn't get behind a reasonable candidate and kept making stupidly misguided critiques of Obama instead of more measured and credible criticism that might have actually accomplished something.