One year anniversary - Solyndra went bankrupt and left American taxpayers to pick up the bill.

[Anonymous]

Today marks a sordid anniversary -- a year to the day that Solyndra went bankrupt and left American taxpayers to pick up the bill.

Solyndra is the ultimate symbol of President Obama's failed attempts to pick winners and losers in the free market.

By putting friends and donors ahead of taxpayers, this administration revealed just how reckless and out of touch it is.

And yet, the president remains unapologetic -- even hobnobbing at high-dollar campaign fundraisers with two of the scandal's major players.

Don't let Barack Obama and his liberal allies have four more years to put their failed crony capitalism on your tab.

Further more Solyndra investors will reap MASSIVE tax benefits

Investment funds that were early backers of Solyndra LLC stand to reap up to $341 million in tax breaks from its bankruptcy, according to court documents filed on Tuesday, a prospect that could add fuel to the political firestorm around the failed solar panel maker.

http://www.reuters.com/article/2012/09/05/us-solyndra-taxbreaks-idUSBRE88403T20120905

[Anonymous]

What do you call it when Paul Ryan goes to the Treasury and asks them to reopen the Janesville plant while GM is in bankruptcy, and Treasury has to tell him repeatedly that they are not making business decisions for GM?

[Anonymous]

Anonymous wrote:What do you call it when Paul Ryan goes to the Treasury and asks them to reopen the Janesville plant while GM is in bankruptcy, and Treasury has to tell him repeatedly that they are not making business decisions for GM?

Try to stay on topic

[Anonymous]

Anonymous wrote:

Anonymous wrote:What do you call it when Paul Ryan goes to the Treasury and asks them to reopen the Janesville plant while GM is in bankruptcy, and Treasury has to tell him repeatedly that they are not making business decisions for GM?

Try to stay on topic

That is HILARIOUS coming from you!

[Anonymous]

The good news is that the federal government also funded Google, which has done a teensy little bit better.... Oh! And we invested in GPS... and the Internet... Looking at the whole picture, which tends to be how people who understand innovation and economics look at things, we're still doing pretty good.

I, for one, can't imagine a better thing to invest in (even if there are failures) than energy. I look forward to the day when we are no longer dependent on foreign oil and we can meet all Americans' energy needs without trashing the environment. Sustainable self sufficiency! Worth a loss or two on the way.

[Anonymous]

Anonymous wrote:The good news is that the federal government also funded Google, which has done a teensy little bit better.... Oh! And we invested in GPS... and the Internet... Looking at the whole picture, which tends to be how people who understand innovation and economics look at things, we're still doing pretty good.

I, for one, can't imagine a better thing to invest in (even if there are failures) than energy. I look forward to the day when we are no longer dependent on foreign oil and we can meet all Americans' energy needs without trashing the environment. Sustainable self sufficiency! Worth a loss or two on the way.

Uncle Sam is a Silicon Valley VC? I call bullshit.

[Anonymous]

Anonymous wrote:The good news is that the federal government also funded Google, which has done a teensy little bit better.... Oh! And we invested in GPS... and the Internet... Looking at the whole picture, which tends to be how people who understand innovation and economics look at things, we're still doing pretty good.

I, for one, can't imagine a better thing to invest in (even if there are failures) than energy. I look forward to the day when we are no longer dependent on foreign oil and we can meet all Americans' energy needs without trashing the environment. Sustainable self sufficiency! Worth a loss or two on the way.

Government should be there for military and security. The military built the above technologies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The good news is that the federal government also funded Google, which has done a teensy little bit better.... Oh! And we invested in GPS... and the Internet... Looking at the whole picture, which tends to be how people who understand innovation and economics look at things, we're still doing pretty good.

I, for one, can't imagine a better thing to invest in (even if there are failures) than energy. I look forward to the day when we are no longer dependent on foreign oil and we can meet all Americans' energy needs without trashing the environment. Sustainable self sufficiency! Worth a loss or two on the way.

Uncle Sam is a Silicon Valley VC? I call bullshit.

Um yeah. That woulda been one hell of a ROI of our tax dollars if the US invested in Google....but they DIDN'T! Goodness, when in doubt wiki it! Better yet Google it!

[Anonymous]

Y'all need to learn a little about Google: http://www.nsf.gov/discoveries/disc_summ.jsp?cntn_id=100660

[Anonymous]

Anonymous wrote:Y'all need to learn a little about Google: http://www.nsf.gov/discoveries/disc_summ.jsp?cntn_id=100660

Dude, don't confuse an NSF grant with Solyndra. You're not going to win. One was for research, the other was a loan guarantee for an existing (at the time) business.

[Anonymous]

Dude, my point is that the federal government has played a role in lots of innovations at various stages of development.

Read this: http://www.amazon.com/State-Innovation-Governments-Technology-Development/dp/1594518238

And as for business loans, the government has done that successfully before too. Look, I'm not saying every investment will be a win, but you're kidding yourself if you think your market fundamentalist logic has ever had anything to do with reality.

[Anonymous]

[Anonymous]

Ho hum. nodding off... check out subsidies China smartly paid their sector to take over the global market. They won

[Anonymous]

Anonymous wrote:Ho hum. nodding off... check out subsidies China smartly paid their sector to take over the global market. They won

Exactly. China put a ton of money into the market and we let them win because we aren't willing to do the same. They are probably laughing at us for bailing on the whole sector after one investment.

[Anonymous]

I think picking out a small piece of some large issue and finding a way to make fun of it is a pretty cheap debating trick. Examples: Solyndra, "You didn't build that."