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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 09-20-2013, 12:31 PM   #16
CJ7
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Quote:
Originally Posted by Whirlaway View Post
I am not selectively bitching.........again, your stupidity is showing.

Spending payroll for House of Representatives is not discretionary spending. Throwing money at green energy scams is. What don't you understand about the difference stupid ?

by your measure, House republicans cant spend enough to fight a fight they cant win .... stupid.
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Old 09-20-2013, 01:06 PM   #17
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Originally Posted by Whirlaway View Post
I am not selectively bitching.........again, your stupidity is showing.

Spending payroll for House of Representatives is not discretionary spending. Throwing money at green energy scams is. What don't you understand about the difference stupid ?
the latter is actually passing legislation approved by the entire congress... what don't you understand about that?
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Old 09-20-2013, 03:35 PM   #18
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House republicans working diligent to see Obama is only a one term President.
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Old 09-20-2013, 04:01 PM   #19
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Congress didn't pick the losers; Obama did.

You are a complete shill and a stupid one at that !

It was the Obama administration that threw billions at Solyndra and all the other losers; not Congress.


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the latter is actually passing legislation approved by the entire congress... what don't you understand about that?
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Old 09-20-2013, 04:13 PM   #20
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Congress didn't pick the losers; Obama did.

You are a complete shill and a stupid one at that !

It was the Obama administration that threw billions at Solyndra and all the other losers; not Congress.

you idiot, Solyndra funding was passed in Sept 2011, the Republicans had to pass it in the house before it ever got to Obie

It was started by Bush: The DOE loan program that funded Solyndra was actually started by President Bush in 2005. It was intended to provide government support for "innovative technologies."


damn facts
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Old 09-20-2013, 05:00 PM   #21
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WRONG.

FACTCHECK IT.........

President Obama exaggerated when defending his administration’s approval of a $535 million loan guarantee to Solyndra, a now-defunct solar company. Obama referred to Solyndra’s loan at an Oct. 6 press conference as “a loan guarantee program that predates me.” That’s not accurate. It’s true that the Energy Policy Act of 2005 created a loan guarantee program for clean-energy companies developing “innovative technologies.” But Solyndra’s loan guarantee came under another program created by the president’s 2009 stimulus for companies developing “commercially available technologies.”

The president also overstated past Republican support for the program, saying “all of them in the past have been supportive of this loan guarantee program.” Republicans overwhelmingly opposed the American Recovery and Reinvestment Act of 2009, and some of them even voted against the Energy Policy Act of 2005 at a time when Republicans controlled both houses of Congress. Lastly, the president deemed the loan guarantee program “successful” overall
That last sentence is a laugher ! Speaks to the Liar In Chief's lying !


http://www.factcheck.org/2011/10/oba...yndra-problem/



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Originally Posted by CJ7 View Post
you idiot, Solyndra funding was passed in Sept 2011, the Republicans had to pass it in the house before it ever got to Obie

It was started by Bush: The DOE loan program that funded Solyndra was actually started by President Bush in 2005. It was intended to provide government support for "innovative technologies."


damn facts
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Old 09-20-2013, 05:47 PM   #22
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House republicans sending a bill doomed to fail for the 41st time in three years. Lame, but they don't care if the government shuts down it will cost the taxpayers more than if it didn't .The military will get IOU'S but the slugs will draw their pay as usual.
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Old 09-20-2013, 05:53 PM   #23
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There is no reason for the government to shutdown; it will be fully funded under the GOP spending bill. But the Democrats need a mid-term election issue to amp up their low information base, so Obama will likely send us into a shutdown !

FACTJACK !
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Old 09-20-2013, 05:55 PM   #24
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That last sentence is a laugher ! Speaks to the Liar In Chief's lying !

so remind everyone exactly how many companies that took loans failed and how many were successful..

more facts to fuck with your bullshit lies ..


The Department of Energy Loan Guarantee Program has an approximately 97% success rate. As of late July, 2012, Solyndra, Abound Solar and the handful of other DOE-backed renewable energy companies that went bankrupt represented total investments of less than 3% of the entire DOE portfolio. (Source: U.S. Department of Energy, April 2013, http://1.usa.gov/Nv1OeU)
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Old 09-21-2013, 06:50 AM   #25
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The government’s picking winners and losers in the energy market has cost taxpayers billions of dollars, and the rate of failure, cronyism, and corruption at the companies receiving the subsidies is substantial. The fact that some companies are not under financial duress does not make the policy a success. It simply means that our taxpayer dollars subsidized companies that would’ve found the financial support in the private market.

So far, 34 companies that were offered federal support from taxpayers are faltering —either having gone bankrupt or laying off workers or heading for bankruptcy. This list includes only those companies that received federal money from the Obama Administration’s Department of Energy and other agencies. The amount of money indicated does not reflect how much was actually received or spent but how much was offered. The amount also does not include other state, local, and federal tax credits and subsidies, which push the amount of money these companies have received from taxpayers even higher.

The complete list of faltering or bankrupt green-energy companies:

1. Evergreen Solar ($25 million)* 2. SpectraWatt ($500,000)* 3. Solyndra ($535 million)* 4. Beacon Power ($43 million)* 5. Nevada Geothermal ($98.5 million) 6. SunPower ($1.2 billion) 7. First Solar ($1.46 billion) 8. Babcock and Brown ($178 million) 9. EnerDel’s subsidiary Ener1 ($118.5 million)* 10. Amonix ($5.9 million) 11. Fisker Automotive ($529 million) 12. Abound Solar ($400 million)* 13. A123 Systems ($279 million)* 14. Willard and Kelsey Solar Group ($700,981)* 15. Johnson Controls ($299 million) 16. Brightsource ($1.6 billion) 17. ECOtality ($126.2 million) 18. Raser Technologies ($33 million)* 19. Energy Conversion Devices ($13.3 million)* 20. Mountain Plaza, Inc. ($2 million)* 21. Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)* 22. Range Fuels ($80 million)* 23. Thompson River Power ($6.5 million)* 24. Stirling Energy Systems ($7 million)* 25. Azure Dynamics ($5.4 million)* 26. GreenVolts ($500,000) 27. Vestas ($50 million) 28. LG Chem’s subsidiary Compact Power ($151 million) 29. Nordic Windpower ($16 million)* 30. Navistar ($39 million) 31. Satcon ($3 million)* 32. Konarka Technologies Inc. ($20 million)* 33. Mascoma Corp. ($100 million)

*Denotes companies that have filed for bankruptcy.
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