See what others have said

Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.

Comments

1. #1
   On October 3rd, 2011 at 3:49 pm, rambler said:

   Denial? Normalcy bias? Fantasy World? Creative visualization? Does anyone in this administration have a grip on the truth or reality? Our money has been squandered by people who have no business in leadership positions.

2. #2
   On October 3rd, 2011 at 3:49 pm, Southpaw said:

   ObamaSpeak translation:

   And this in turn will generate business for companies lawyers and accountants throughout our country who will create jobs supplying this factory with parts and materials try to sort this mess out.

   Doh!Bama always speaks the truth. You just need the right filter to hear what that truth is.

3. #3
   On October 3rd, 2011 at 3:55 pm, John Deaux said:

   And over the lifetime of this expanded facility, that could be like replacing as many as eight coal-fired power plants.

   Wow, they replaced eight coal-fired power plants in about 18 months?!

   /s

4. #4
   On October 3rd, 2011 at 3:58 pm, Truesoldier said:

   I just want to help protect the president from anything that could result in negative or unfair press.”

   As soon as his administration pushed for the loan he earned every negative that could come from this debacle.

5. #5
   On October 3rd, 2011 at 4:04 pm, FirstSkirt said:

   Obeyme and his lap dog, Van Jones, are desperate to force “green” technology on America…and by any means necessary. Odious didn’t care about the negative things he was told—the statement, the illusion, was the important thing. Fooling others is something he is skilled at.

6. #6
   On October 3rd, 2011 at 4:05 pm, Flyoverman said:

   “Life is tough; it’s tougher when your stupid.” – John Wayne

   P.S. It is also tougher when you are arrogant, narcassistic, an egomaniac, and a pathological liar.

7. #7
   On October 3rd, 2011 at 4:18 pm, AlohaGuy said:

   Steve Westly … … I just want to help protect the president from anything that could result in negative or unfair press.”

   By “unfair press” I assume he means the truth.

   Steve, how do you reconcile “investor” with “Obama fundraiser”? To be an “investor” implies some sort of belief in Capitalism, yet you fund raise for the Marxist. How does this help your investment efforts?

8. #8
   On October 3rd, 2011 at 4:21 pm, glockomatic said:

   Obeyme and his lap dog, Van Jones, are desperate to force “green” technology on America…and by any means necessary.

   Au contraire. They know this crap doesn’t work and/or isn’t cost effective. It’s just a positive-PR, soundbite-friendly, Politically-Correct excuse to funnel taxpayer dollars to themselves and their friends.

9. #9
   On October 3rd, 2011 at 4:28 pm, Rogue Cheddar said:

   I just want to help protect the president from anything that could result in negative or unfair press.”

   Truth be damned! But truth will out.

   (munching popcorn) More cheese Gromit!

10. #10
    On October 3rd, 2011 at 4:36 pm, letget said:

    The way I see it, bho and his crooked team do not give a flying flit about anything but getting their sorry hind ends re-elected! They use taxpayers money to give to foto’s to see this gets done. Money is ‘lost’, can’t find, going into the dnc(?), and who gets money for election? People, this, along with all the other things that should put bho and team before a jury, has got to be delt with! WE ARE PAYING this pos with OUR money to do whatever HE wants? Now, both the r and d’s have been doing stuff like this before, but never in my long long life time has it been this bad.
    L

11. #11
    On October 3rd, 2011 at 4:43 pm, Dexter Alarius said:

    “If it’s too late to change/postpone the meeting, the president should be careful about unrealistic/optimistic forecasts that could haunt him in the next 18 months if Solyndra hits the wall, files for bankruptcy, etc.”

    Administration: Pshaw! Whatever The One touches is golden! His mere presence at the site will ensure it succeeds. Begone, thou unbeliever!

12. #12
    On October 3rd, 2011 at 4:45 pm, Hangfire said:

    From the pages of Stanley Dunham’s diary:

    “Don’t touch that stove, Barry. It’s hot.”

    “Yes, Momma.”

    “Aieeeeeeeeeeeee!!!!!”

13. #13
    On October 3rd, 2011 at 4:45 pm, RedDog said:

    Do not challenge wisdom of Enlightened Leader comrades. He sees that which we do not.

14. #14
    On October 3rd, 2011 at 4:46 pm, RedDog said:

    .. and yet half the voting public votes for (D) in the polling booth. Crikey.

15. #15
    On October 3rd, 2011 at 5:09 pm, maddmatt3131 said:

    It’s not hard to believe that many Demarcate and (and some Republicans) would not or do not understand simple, very simple economics or business. Tell many Dems there is a 14.7 Trillion debt and it growing by 1.5 a year and they just don’t understand it. Van Jones, former green jobs czar called the debt crisis the “Phony deficit made up stuff”. How can people who appear to be intelligent be so blatantly stupid?

16. #16
    On October 3rd, 2011 at 5:17 pm, L.N. Smithee said:

    “A number of us are concerned that the president is visiting Solyndra,” California investor and Obama fundraiser Steve Westly wrote to Obama senior adviser Valerie Jarrett in May 2010. “Many of us believe the company’s cost structure will make it difficult for them to survive long term. … I just want to help protect the president from anything that could result in negative or unfair press.”
    [...]
    “If it’s too late to change/postpone the meeting, the president should be careful about unrealistic/optimistic forecasts that could haunt him in the next 18 months if Solyndra hits the wall, files for bankruptcy, etc.”

    This is why I miss Glenn Beck’s daily FNC show.

    About this time today, Beck would be showing video of Valerie Jarrett’s overflowing ebullience on the topic of “green jobs” czar Van Jones, whom the Obamastration felt was lucky to have, and whom they had admired since his days in Oakland when — among other things — Jones headed up the hardcore communist group STORM.

    Beck would also be showing Jones revving up a leftist crowd by asserting that the green jobs push was more than just about the green and the jobs, but about “chang[ing] the whole system.” And he might top it off by showing video of Obama in January 2010 in his face off with a roomful of Republicans asserting that “I’m not an ideologue. I’m not.”

    But, of course, FNC chickened out and let Beck slip away. We’ll never get that kind of depth on The Five, which is sorta a right-leaning version of The View with MUCH better looking females and Bob Beckel in the role of the anti-Elisabeth Hasselbeck.

    Don’t get me wrong — The Five isn’t a horrible show; the bumper music is great. It’s just so much fluffier than Beck.

17. #17
    On October 3rd, 2011 at 5:18 pm, semper fi said:

    letget #10 Hey there ..why don’t you tell us how you really feel??? Ha ha ha …
    I loved your comment and I’m with you 100%
    If we keep this kind of outrage going till next election that guy will go out in a landslide …Jerry USMC (Ret)

18. #18
    On October 3rd, 2011 at 5:19 pm, maddmatt3131 said:

    glockomatic said:
    Au contraire. They know this crap doesn’t work and/or isn’t cost effective. It’s just a positive-PR, soundbite-friendly, Politically-Correct excuse to funnel taxpayer dollars to themselves and their friends.

    That may be true. But I am also seriously wondering if there is a concerted effort to end the USA by bankrupting it.

19. #19
    On October 3rd, 2011 at 5:19 pm, FirstSkirt said:

    GLOCKOMATIC @#8: I see your point…but, they are using the excuse of ‘Green” everything to slyly convince Americans of the need to let government control business and thusly, their life. This is directly in line with imposing a socialist society in the name of saving the planet. C’mon, you and I both know its all hogwash.

20. #20
    On October 3rd, 2011 at 5:38 pm, Blackstone said:

    Headwinds

21. #21
    On October 3rd, 2011 at 5:40 pm, DonkeyHoatie said:

    I’m not of the group that believes that BHO is out to destroy America. I don’t think he wakes up every morning and looks for ways to make us the laughing-stock he has.

    Instead, I think he’s a blind, ideological fool who believes that he’s doing the best thing for the people of the US by redistributing wealth and taking away the power of the ruling class to give it to the people who do the work. He believes that no matter what the monetary cost up front, forcing our country to be “green” is going to be far cheaper in the long run. He believes, to the bottom of his heart, that keynesian economics are right.

    So he wakes up every morning and looks for ways to advance his ideology and bring us wayward simpletons into agreement/compliance with his vision of Amerika.

22. #22
    On October 3rd, 2011 at 5:43 pm, swede said:

    RedDog said:

    Do not challenge wisdom of Enlightened Leader comrades. He sees that which we do not.

    Well, ILMC can see rainbow colored flying pigs too. He/she/it is also enlightened – by schizophrenia or possibly halucinogenic drugs.

    Solyndra looks like IBM/ATT/Google and Microsoft combined after just one little pill!

23. #23
    On October 3rd, 2011 at 5:50 pm, Green eyed Lady said:

    The Smart and the Dumb
    The smart is Harold Hamm, the founder and CEO of Continental Resources and one of America’s richest men. Hamm is one of the primary developers of the Bakken oil fields; he estimates that they contain 24 billion barrels of oil. The dumb is Barack Obama. The Wall Street Journal describes Hamm’s meeting with Obama:

    When it was Mr. Hamm’s turn to talk briefly with President Obama, “I told him of the revolution in the oil and gas industry and how we have the capacity to produce enough oil to enable America to replace OPEC. I wanted to make sure he knew about this.”

    The president’s reaction? “He turned to me and said, ‘Oil and gas will be important for the next few years. But we need to go on to green and alternative energy. [Energy] Secretary [Steven] Chu has assured me that within five years, we can have a battery developed that will make a car with the equivalent of 130 miles per gallon.’” Mr. Hamm holds his head in his hands and says, “Even if you believed that, why would you want to stop oil and gas development? It was pretty disappointing.”

    Disappointing, indeed; but that is the story of the Obama administration, which prefers pie in the sky to economic growth. Hamm adds these comments on the administration’s energy policies:

    http://www.powerlineblog.com/archives/2011/10/the-smart-and-the-dumb.php

    The White House proposal to raise $40 billion of taxes on oil and gas—by excluding those industries from credits that go to all domestic manufacturers—is also a major hindrance to exploration and drilling. “That just stops the drilling,” Mr. Hamm believes. “I’ve seen these things come about before, like [Jimmy] Carter’s windfall profits tax.” He says America’s rig count on active wells went from 4,500 to less than 55 in a matter of months. “That was a dumb idea. Thank God, Reagan got rid of that.” …

    Mr. Hamm believes that if Mr. Obama truly wants more job creation, he should study North Dakota, the state with the lowest unemployment rate in the nation at 3.5%. He swears that number is overstated: “We can’t find any unemployed people up there. The state has 18,000 unfilled jobs,” Mr. Hamm insists. “And these are jobs that pay $60,000 to $80,000 a year.” The economy is expanding so fast that North Dakota has a housing shortage. Thanks to the oil boom—Continental pays more than $50 million in state taxes a year—the state has a budget surplus and is considering ending income and property taxes.

24. #24
    On October 3rd, 2011 at 5:51 pm, swede said:

    DonkeyHoatie said:

    I’m not of the group that believes that BHO is out to destroy America.

    You realize of course if you are right, and he really believes he is doing good… he’s dumb as a freakin rock!!

    That’s the conundrum here, DH . I’m with you (Zero = idealistic dope) – others think he is the epitome of evil.

    Either way, he has to go ASAP or sooner.

25. #25
    On October 3rd, 2011 at 6:00 pm, babiesgrandma said:

    Oblamo’s got the leftist elite speaking out for him now, as in Roseanne Barr telling anyone who will listen that she would have the rich guys beheaded. Thanks! How thoughtful. And Fathead Michael Moore out there protesting with the idiots against B of A and Wall Street. Yeah, like his ill-earned money isn’t invested somewhere tidy.

    And re-education camps for the rich after they do take their money, if they aren’t beheaded first.

    Yikes. Tired of it.

26. #26
    On October 3rd, 2011 at 6:04 pm, babiesgrandma said:

    swede said:

    DonkeyHoatie said:

    I’m not of the group that believes that BHO is out to destroy America.
    You realize of course if you are right, and he really believes he is doing good… he’s dumb as a freakin rock!!

    That’s the conundrum here, DH . I’m with you (Zero = idealistic dope) – others think he is the epitome of evil.

    Either way, he has to go ASAP or sooner.

    I think he’s idealistic, and there are those who are behind the scenes who are out to destroy the US and capitalism are finding him to be a Very Useful Tool.

    They tried sneaking socialism, marxism, etc., through when Chillery and BJ Bill were in office. They were stopped in their tracks.

    Can’t stop ole oblamo, ’cause he’s a minority prez, doncha know.

27. #27
    On October 3rd, 2011 at 6:52 pm, swede said:

    babiesgrandma said:
    I think he’s idealistic, and there are those who are behind the scenes who are out to destroy the US and capitalism are finding him to be a Very Useful Tool.

    Yup. I’ll give you that one. Also, a very useful idiot – if there’s a difference.

    Can’t stop ole oblamo, ’cause he’s a minority prez, doncha know.

    Disagree there. I have many black friends who have no time for him. He’ll go down.

    First black president – Hoo-freakn-ray.

    Worst POTUS since Jimma Peanut Head – Sionara sonny. Is that racist? Nuts. I tries so hard to be civil.

28. #28
    On October 3rd, 2011 at 6:56 pm, letget said:

    On October 3rd, 2011 at 5:18 pm, semper fi said:

    Sir, thank you from the bottom of my heart and all those who have served for our Republic. I am just telling the truth as I see it. Maybe millions of others will feel the same come 2012 to save us from those like bho and those like him.
    L

29. #29
    On October 3rd, 2011 at 7:02 pm, Marshall_Will said:

    P’BO said:

    Since the project broke ground last fall, more than 3,000 construction workers have been employed building this plant.

    Like MM says, “screaming red flags!”

    There are millions of square feet of UNUSED mfr. capacity and these psychopaths are out building ‘more’?

    Shouldn’t the hallmark of any green industry be utilizing that which is already available before further scarring Mother Earth? Hello!

    But I guess retro-fitting an existing building to suit your needs doesn’t make for thunderous photo ops in quite the same way?

    Doug knows Mrs. Powers won’t be shopping at the former Solyndra site any time soon. This building will be imploded for scrap before it finds another tenant. Oh, at your expense btw.

30. #30
    On October 3rd, 2011 at 7:22 pm, Regulus said:

    Everybody saw it coming — except select individuals in the White House — but they can’t say they weren’t warned:

    How naive. Of course they’re going to say just that. And the 40-50 percent of voters who will vote for Obama in 2012 will buy it, too.

31. #31
    On October 3rd, 2011 at 7:25 pm, swede said:

    Marshall_Will said:

    There are millions of square feet of UNUSED mfr. capacity and these psychopaths are out building ‘more’?

    Shouldn’t the hallmark of any green industry be utilizing that which is already available before further scarring Mother Earth? Hello!

    Dead on of course MW – But ya know those 3000 jobs were, um, UNION JOBS – every last one of ‘em. Ya gotta save the planet with union boys, who all drive pickups with big V8′s in them and not one of them gives a flying flatulence about saving the planet, just their over-compensated jobs. You can take that to the failed bank of your choice. Hello indeed.

32. #32
    On October 3rd, 2011 at 7:26 pm, happyscrapper said:

    On October 3rd, 2011 at 3:49 pm, rambler said:
    Denial? Normalcy bias? Fantasy World? Creative visualization? Does anyone in this administration have a grip on the truth or reality? Our money has been squandered by people who have no business in leadership positions.

    They not only shouldn’t be LEADING this country, they shouldn’t even be walking around free. These so-called “leaders” are “leading” under false pretenses. They told the American People they could actually, well, you know, LEAD. Instead, they are all fools without one speck of common sense or ability to lead anything! It just isn’t in them! Incompetent is a polite word. Derelict is a bit stronger. And treasonous is actually what I would call it. They think they can come in and force our country to change over 200 years of democracy and, against the Will of The People, turn us into a socialist/communist country. Who the he11 to they think they are??

33. #33
    On October 3rd, 2011 at 7:32 pm, Marshall_Will said:

    swede,

    In order for this to have made sense the former Private JET plants O’dumber has seen fit to shutter would have been ideal!

    I know, I know, we’ve sat in on those presentations too. But we’re not talking about micro-chips here. And yes we know everyone likes a squeaky clean spanking NEW facility!

    This just isn’t one of those times. If these guys are so smart I’m sure they could figure a way around it? You’re right, wait til Michelle gets around to posting about all the Project Labor Agreements that went INTO the making of this growing debacle?

34. #34
    On October 3rd, 2011 at 7:33 pm, happyscrapper said:

    Marshall_Will said:

    There are millions of square feet of UNUSED mfr. capacity and these psychopaths are out building ‘more’?

    Shouldn’t the hallmark of any green industry be utilizing that which is already available before further scarring Mother Earth? Hello!

    Exactly!! Why can’t they move another company into that amazing space vacated by Solyndra? A company that just might not go bankrupt? And did Obama see all the perks this place had? Why did it not bother him that the taxpayers paid for piped in music playing Disney songs, and plush, over-the-top conference rooms, etc.? What a perfect example of his “I don’t care” attitude and how little he thinks of the people who are actually HIS BOSS! I can’t wait to throw him out on his arse!!

35. #35
    On October 3rd, 2011 at 8:00 pm, Marshall_Will said:

    happy,

    No doubt we’ll be told “You ‘conservatives’ don’t know the first thing about the complexities of the solar power industry!”

    Ok, whatever. At this rate I guess we’ll never know? A case study we discussed recently was up your way actually. The Excelsior Henderson Motorcycle Company up in MN.

    State of the art facility that went belly up before selling but a handful of units. They became the textbook example of how ‘not’ to manage a start-up.

    http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=2390

36. #36
    On October 3rd, 2011 at 8:34 pm, OK_Loyalist said:

    Obama doesn’t regret Solyndra loan

    President Obama on Monday defended the administration’s half-billion-dollar financial support for the solar-panel company Solyndra, which filed for bankruptcy in early September.

    Hold on to that Obumblears, we can see 2012 from our houses.

37. #37
    On October 3rd, 2011 at 9:25 pm, swede said:

    happyscrapper said:

    Exactly!! Why can’t they move another company into that amazing space vacated by Solyndra?

    No one in their right mind (that would be actual businesses who have to make a profit) would want the place. California has the worst business climate in the nation.

    According to Chief Executive magazine, the 10 worst states for business are: California, New York, Illinois, New Jersey, Michigan, Massachusetts, Connecticut, Hawaii, West Virginia, and Ohio.

    And the magazine’s 10 best states are: Texas, North Carolina, Florida, Tennessee, Georgia, Indiana, Virginia, South Carolina, Utah, and Nevada.

    So me wonders – just for grins & giggles – how would that line up on a red/blue state map? Great horney toads! A dem-olition of business.

38. #38
    On October 3rd, 2011 at 9:39 pm, BrianNY said:

    “A number of us are concerned that the president is visiting Solyndra,” California investor and Obama fundraiser Steve Westly wrote to Obama senior adviser Valerie Jarrett in May 2010. “Many of us believe the company’s cost structure will make it difficult for them to survive long term. … I just want to help protect the president from anything that could result in negative or unfair press.”
    [...]
    “If it’s too late to change/postpone the meeting, the president should be careful about unrealistic/optimistic forecasts that could haunt him in the next 18 months if Solyndra hits the wall, files for bankruptcy, etc.”

    I’d love to know how much gold, Brazilian stocks and S+P puts this guy Steve Westly has bought since Urkel was elected.

39. #39
    On October 3rd, 2011 at 9:41 pm, jrgdds said:

    Obama Administration Warned About Potential Embarrassment of Solyndra Visit

    Hey !.. Look over there at that bad word written on a rock !

40. #40
    On October 3rd, 2011 at 9:58 pm, Marshall_Will said:

    swede said:

    No one in their right mind (that would be actual businesses who have to make a profit) would want the place. California has the worst business climate in the nation.

    Pffftt and double pffftt! Now that you mention it? Atop that w/ all the specialized cap ex. in there it’s hardly like a window mfr. etc. would find it turnkey.

    Might as well have Burning Man held there. What’s that First Rule of Holes again?

41. #41
    On October 3rd, 2011 at 10:01 pm, NJ-Aviator said:

    “Many of us believe the company’s cost structure will make it difficult for them to survive long term.”

    -Steve Westly to Obama senior adviser Valerie Jarrett

    Basically, any college freshman finance major could look at the reports on this company a see they were heading into a smoking hole in the ground.

    Yet Obama fast tracked our half a billion dollars. Why isn’t Obama in irons in the town square??????

42. #42
    On October 3rd, 2011 at 10:03 pm, AmericanGirl30 said:

    On October 03, 2011 at 06:26 PM, happyscrapper said:

    They think they can come in and force our country to change over 200 years of democracy and, against the Will of The People, turn us into a socialist/communist country. Who the he11 to they think they are??

    Who do they think they are? The people we elected, that’s who. Why wouldn’t they try to do whatever they want? We (well not you and me specifically) gave them power on a silver platter. Just as bad as these crooks in power is the fact that half of America thinks they are best for the job.

43. #43
    On October 3rd, 2011 at 10:07 pm, Ray said:

    On October 3rd, 2011 at 5:17 pm, L.N. Smithee said:

    But, of course, FNC chickened out and let Beck slip away.

    Rupert Murdock was caught having his way with that chicken.

44. #44
    On October 4th, 2011 at 12:27 am, Member-VRWC said:

    On October 3rd, 2011 at 5:19 pm, maddmatt3131 said:
    But I am also seriously wondering if there is a concerted effort to end the USA by bankrupting it.

    Wonder no more, maddmatt. The short answer is an emphatic “YES!”

45. #45
    On October 4th, 2011 at 12:59 am, Member-VRWC said:

    On October 3rd, 2011 at 5:40 pm, DonkeyHoatie said: Instead, I think he’s a blind, ideological fool who believes that he’s doing the best thing for the people of the US by redistributing wealth and taking away the power of the ruling class to give it to the people who do the work.

    Yes, someone with your nic would think that. Sorry, Don, but if Zero read your comment he would be laughing his a$$ off. Look at where the guy came from: who his parents were, who raised him after his parents ditched him, who he hung around with as an adult, what type of work he did prior to going into politics. This guy is evil to the 10th power. Please, go ahead and believe he’s just a failed dreamer if it makes you feel better. But you’ve got it backwards. Obama is taking it from the people who do the work and giving it to the ruling class (and people who don’t do any work at all).

46. #46
    On October 4th, 2011 at 7:38 am, stuckinIL4now said:

    Included in Ocop-out’s answer to an interview question from little Georgie Steph about Solyndra was the famous last words phrase “hindsight is 20-20.” Oh, you mean like sticking yer head up yer behind? That kind of hindsight?

47. #47
    On October 4th, 2011 at 9:22 am, DonkeyHoatie said:

    On October 4th, 2011 at 12:59 am, Member-VRWC said:

    On October 3rd, 2011 at 5:40 pm, DonkeyHoatie said:

    First of all, my screen name on this site has nothing to do with my political persuasion or my mental state. Its one that I’ve used on many different online discussion groups for well over a decade.

    Second, methinks you misread my intent. I’m saying that BHO thinks that he’s doing the right thing, he’s really just an ideological fool who’s got it all backwards. His values are the polar opposite of those that made America the strongest, most free nation on Earth. So when he starts doing is logic, he applies the exact opposite reasoning from what thinking men do, based upon his upside-down values. It’s no surprise, therefore, that he reaches the polar opposite conclusion in his mind and thinks he’s right.

    So what are his values?

    - Equality of outcome, not opportunity
    - Redistribution of wealth
    - Punishment of the management and rewarding of the downtrodden laborers
    - Social justice for descendants of former slaves (and anyone who looks like they might be)
    - The more people involved in a decision, the more right it is. Therefore, the world’s opinion is more valued than that of just the American people. Therefore, we must kneel before the leaders of other countries, to demonstrate that we are no longer above them, but rather that we are peers, or even better, subordinate penitents who are seeking to right the wrongs done by American superiority in the past.
    - Global warming was caused by Americans and we must be punished. It was also caused by heartless corporations, so they must be doubly punished. And in the long run, green energy is cheaper because it saves Mother Gaia and makes us look better in the eyes of the world.

    With those values in mind, he reaches his conclusions, makes his decisions, and believes himself to be 100% right, even when his results prove him wrong over and over and over again.

    Think about it from a perspective of math. If you rewrote the math books and made every plus a minus and every minus a plus, and believe that it’s right, then you’re gonna end up with answers you believe are right, too, even though the real math says you’re exactly opposite from where you should be.

48. #48
    On October 4th, 2011 at 9:48 am, Flyoverman said:

    First of all, my screen name on this site has nothing to do with my political persuasion or my mental state. Its one that I’ve used on many different online discussion groups for well over a decade.

    I like it. I keep this saying on my wall at work as a warinig to myself.

    “Be careful my lord; those dragons are windmills.” – Sancho

49. #49
    On October 4th, 2011 at 10:02 am, RedDog said:

    Larry Summers: Gov’t Is ‘Crappy Venture Capitalist’

    As early as December 2009, top officials in the Obama White House received warnings that Solyndra, the now-bankrupt solar panel manufacturer that left taxpayers holding the bag for $535 million in loan guarantees, might be headed for trouble…..

    Over 700 pages of documents released Friday by the White House and the Office of Management and Budget (OMB) indicate the White House elected to go forward with a high-profile visit by the president to the company in May 2010, even after the warnings.

    One alarm was sounded by Brad Jones, an executive of the Redpoint Ventures investment firm.

    Speaking of Solyndra, Jones wrote to top presidential economic adviser Lawrence H. Summers: “One of our solar companies with revenues of less than $100 million (and not yet profitable) received a government loan of $580 million. While that is good for us, I can’t imagine it’s a good way for the government to use taxpayer money.”

    Jones added: “The allocation of spending to clean energy is haphazard; the government is just not well equipped to decide which companies should get the money and how much.”
    Summers’ reply appeared to be an acknowledgement that government was ill-suited to the role of choosing winners and losers in the marketplace.

    “I relate well to your view that gov. is a crappy v.c.,” Summers wrote, using “v.c.” as an abbreviation for venture capitalist investors.

    Despite his admission that government was ill-equipped to vet taxpayers “investments,” Summers went on to tell Jones: “But suppose we think there are all kinds of externalities to renewable investments. What should we do?”

    What the h*ll does that even mean?

    Summers is a doulble-talking disingenuous and duplicitous liar. He knows full well the government has absolutely no business acumen nor interest in anything but doling out taxpayer boodle. THAT is the real “bottom line” here.

50. #50
    On October 4th, 2011 at 10:05 am, RedDog said:

    On October 3rd, 2011 at 10:01 pm, NJ-Aviator said:
    Yet Obama fast tracked our half a billion dollars. Why isn’t Obama in irons in the town square??????

    Exactly. This is grand larceny on a global scale. If this litte Marxist escapes jail, then the whole justice system needs a rework.