because we all know without government interference banks always give smart and safe loans... idiot

It's the same over here in Blighty...
http://www.dailymail.co.uk/news/article-2022647/Green-taxes-pay-subsidies-cost-30-000-jobs-reports-warn.html

Speaker to Aliens, excellent article. Thanks for the link.

It's from the mail so really would be very wary about it

Trim, Don't you know how to corroborate what you read and verify it for yourself?

@Trim101:The Mail is written by and for Mr Angry - it, along with a double strength coffee gets me going in the morning.

President Obama's Green Jobs Pretense Is An Unmitigated Fiasco

http://www.forbes.com/sites/larrybell/2011/09/06/president-obamas-green-jobs-pretense-is-an-unmitigated-fiasco/

About half of the $186 million of federal weatherization funds California has spent so far produced a total of 538 full-time jobs during the last quarter. Another $59 million in state, federal and private money spent there for green job training resulted in only 710 placements, equivalent to an $82,000 subsidy for each.

A report issued by the Government Accountability Office, the investigatory arm of Congress, raised concerns last year about favoritism in awarding some stimulus loan guarantees. The Energy Department’s inspector general admitted to Congress that there might be reasons for such suspicion — that some contracts may have been steered to “friends and family.”

Stumping for stimulation back in January 2009, President Obama pledged: “We will put Americans to work in new jobs that pay well and can’t be outsourced—jobs building solar panels and wind turbines.” And just how well is this plan working out so far? Apparently not so great. The more taxpayer dollars our government dishes up for that green pork, the less appetizing it looks and smells.

Gresham’s Law of Green Energy:High-cost subsidized renewable resources destroy jobs and hurt consumers.

....when the entire economic ledger is tallied, the net impact of renewable energy subsidies will be reduced economic growth and fewer jobs overall. In effect, “green” energy mandates like those of California and New Jersey are a new version of “Gresham’s Law,” in which subsidized renewable resources will drive out competitive generators, lead to higher electric prices, and reduce economic growth.


http://www.hks.harvard.edu/hepg/Papers/2011/Lesser%20Final_Green%20Gresham's%20Law.pdf

Solyndra is the third U.S.-based solar manufacturer to file for bankruptcy this summer, following Evergreen Solar and Intel-backed Spectrawatt. Germany-based SolarWorld and Solon plan to shutter U.S. plants and QCells and Renewable Energy Corp. said they will cut production in Europe.

Solyndra had a manufacturing process which required specialized equipment, contributing to a technology with higher production costs, explained Mehta. As a result, Solyndra was delivering products to customers but not able to make a profit.

Politicians should temper their expectations on how much solar manufacturing can add in terms of jobs. Many U.S. companies are seeking a technology advantage by using thin-film solar cells, but typically these thin-film processes are highly automated, which means they create fewer manufacturing jobs relative to traditional panels

http://news.cnet.com/8301-11128_3-20102063-54/solyndra-bankruptcy-was-disaster-waiting-to-happen/#ixzz1XqT31rRh

Politicians should simply get out of the business of subsidizing any type of business because politicians are about the most ignorant people on the planet when it comes to business.

The Solyndra-Gate is just beginning.

The Washington Post reported today that there are emails showing the White House applied pressure to get Solyndra's loan fast tracked so Biden could tout it at a groundbreaking ceremony.

Let's fast track a $500 Million dollar loan on account of a photo opportunity.

That's Obama's idea of good business. How stupid, and Barack will pay with his job in 2012.

The congressional panel examining the loan disclosed emails that appeared to show senior staff at the Office of Management and Budget chafing about having to conduct "rushed approvals" of federal loan guarantees designed to help jumpstart the nation's renewable energy industry.
"We would prefer to have sufficient time to do our due diligence reviews and have the approval set the date for the announcement rather than the other way around," said one of the emails from an unnamed OMB aide to Biden's office.

House probing $528M loan to failed solar company
By JACK GILLUM, Associated Press

Your crappy threads are clogging the forum. I count six on the first page.

What do you mean crappy? This is groundbreaking stuff he's posting. Obama's green jobs fiasco! what a riot!

This is what happens with the Democrats. First they can't make any jobs. Then they try to make the jobs all colourful so the braindead public won't notice. Won't fool me, Obama. Obama's economic record on colouring is so woefully outside the lines that it looks like a three-year-old's work.

If pro is opposite of con, then what is the opposite of progress?

Obama is the opposite of progress.

This is from the liberal rag The Washington Post.
I guess even liberal rags can't avoid the facts.

A $38.6 billion loan guarantee program that the Obama administration promised would create or save 65,000 jobs has created just a few thousand jobs two years after it began, government records show.

The program — designed to jump-start the nation’s clean technology industry by giving energy companies access to low-cost, government-backed loans — has directly created 3,545 new, permanent jobs after giving out almost half the allocated amount, according to Energy Department tallies.

wait, OMG
TC, are you saying that politicians would just... just... LIE??!!
to further their careers? or make money for their friends? or advance some nefarious agenda, probably along the lines of making money?
jesus fucking christ.

I had NO idea.

i cant beleive they would just... lie to us. sob

We must vote republican, because they will NEVER lie to us.

This is not a "scandal". Innovative companies go bankrupt. Newsflash: Loans for this company were first pushed by the Bush administration. The company was backed by the Republican Walton family. This is manufactured "scandal", like everything else the rightwing blowhards jump up and down about.

http://swampland.time.com/2011/09/03/big-name-investors-to-recoup-losses-before-taxpayers-in-obamas-failed-green-tech-bet/

Green jobs fiasco? Obama should stop sending white police cops to enforce drug laws on innocent young African American males who sell cannabis to make ends meet. That's racist and a green jobs fiasco if I've ever seen one.

FREE WEEZY

Hey TC, newsflash
democrat, republican are two sides of the same coin. whichever gets elected they will continue to wage war, and cater to the ultra wealthy and the mega corporations.

oh wait, you live in a fantasy world where corporations arnt raping the planet.
You said before that corporations exist to promote happiness and.. idk some other bullshit, well I got a real laugh about that, because corporations are created for PROFIT.
they are BY LAW required to put the profit motive above all else.

Read an interesting doctoral dissertation.
U.S. Middle Class Income Stagnation, 2000-2007: Reality or Illusion
University of Texas Arlington

The dissertation found that looking at four different definitions of the middle-class,
The Middle 20%, the middle 40%, the middle 60%, and the middle 80%,
That all for income groups grew fast than the "rich" defined in three way the top 20% the top 10% or the top 5%.

No matter which middle-class group you chose and compared to any of the three groups of the rich the middle-class income grew faster than the rich during the Bush presidency.

The author's use of census date makes the ability to refute the study impossible, unless of course you want to call census data inaccurate and then what is more accurate?

Will someone let Obama, Pelosi, and Reid know about these irrefutable facts so they will quit positioning themselves as liars when they say the middle-class is under attack.

If you look at the top 5% during the Bush years their income collapsed in relation to all other groups by falling almost .7%

.7% !!!

holy fuck, thats seven tenths of a whole single percentage point!
real hard hitting stuff, keep it up.

Think of it this way: if you had a million dollars, Bush would've taken away $7,000 from you. That Marxist prick.

Nubz, you have a glaring lack of understanding.
Incomes of the top 5% dropping by 7% has nothing to do with taxation.
It has to do with a lost of gross income.
Basic finance should be on your short list.
The fact is that the big government advocates lie right through their teeth about the middle-class losing income and the upper class gaining income.
The census data covered in this dissertation clearly shows middle class gains in income throughout the Bush administration (adjusted for inflation even) while the top 20% saw decreases in income.

The funny thing is that the Bush tax cuts amounted to .5% for the top bracket.

Facts like this get in the way of the Big Government fantasy though so don't let facts bother you. Just dream that dream.

I prefer to launch attacks with no shred of evidence on ideologies I disagree with. Sorry.

Evidence is a much better thing to have. You should include it in your posts like I do.