chainpin wrote:
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.