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Reply to "Should there be legal recourse against Stimulus Fund beneficiaries?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Solyndra took $537 million...[/quote] Yes, how dare a company go belly-up. The upper-management should be lined up and shot. Are all conservatives this stupid, or just the rubes that make up the base?[/quote] Best quote about Solyndra: "Watching this unfold over the last week, I keep thinking back to "Climategate." When it first broke back in late 2009, lefties and bloggers and Dem lawmakers just ignored it, because it was obviously dumb. This left the field entirely open to a massive attack from the right, coordinated among ideological media, staffers, lobbyists, and pols. When the left finally stirred itself to action, all that emerged were a bunch of long, boring investigations into the details and good-faith efforts to be fair about how both sides a point. By the time five separate investigations had cleared the scientists of all wrongdoing, the damage was done. Now we're seeing the same script play out again." Bottom line is, the GOP base will basically believe anything that comes out of the "trusted" news outlets. This doesn't work both ways, because most folks on the left are hugely skeptical of their political "representation". But, man, the folks who drive policy and messaging on the right really can convince the true-believers of anything.[/quote] One more: [quote]Basically, Solyndra was working on a solar technology that promised to be cheaper than silicon, and at the time of the loan it looked really promising both to DOE and to private investors. But then the market turned: Silicon prices dropped, and China started producing super low-cost silicon PV. That spelled doom for Solyndra. They had a good idea, but it didn't work out. In any case, Solyndra is a tiny fraction of DOE's green-energy loan program, and Solyndra's loan guarantees are dwarfed by those of both fossil fuel and nuclear companies, which range into the multiple billions. There was no scandal in the loan process, and there's nothing unusual about having a certain fraction of speculative programs like this fail. It's all part of the way the free market works.[/quote] http://motherjones.com/kevin-drum/2011/09/how-talk-about-solyndra http://www.grist.org/renewable-energy/2011-09-14-solyndra-is-the-next-climategate[/quote]
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