Thread: You've never heard of Solyndra?

That's strange, because it was supposed to be the cornerstone of Obama's vaunted green-energy future, but now is a king-size political embarrassment. Solyndra, recipient of a $535 million Department of Energy loan guarantee, last month canceled a $300 million initial public offering because auditor PricewaterhouseCoooper said its operating losses and negative cash flow raise doubts about its ability to continue as a going concern. Ouch!

It gets worse for Obama. When he toured Solyndra's Fremont, Calif., factory in May, he gushed that the company was "leading the way toward a brighter and more prosperous future." . . .

One of Solyndra's biggest stakeholders is Argonaut Ventures I. Its majority owner is Oklahoma oil billionaire George Kaiser, who was a "bundler"of campaign funds for the Obama-Biden campaign . . .

http://online.barrons.com/article/SB...133405348.html

You're gonna love this one.

Obama's friends couldn't bilk investors out of their money because PriceWaterhouse wouldn't sign off on the IPO

That is a HUGE (*)(*)(*)(*)ing grant. I know. I am working on... stuff. It does not surprise me that they are operating on a loss. This sort of innovation is (*)(*)(*)(*)ing expensive... and frankly without government grants... they aren't going to happen. The materials are expensive... the brains are expensive... the tests are incredibly expensive...

This does not strike me as "Obama's a jackass". I promise... I work hard to make it so.

The DOE (or DOD) decided this was worthwhile. What is going to dig us out of this hole is going to come from these sorts of grants. We have made all the potato batteries there are to make. The likelihood a solution to the energy crisis is going to come out of some jackass with most of a public education is really low... though things happen. Chances are it is going to be a horrible socialist grant which develops the robot to dig us out of this economic crisis.

If he is throwing money away... I don't mind that it goes towards technologies that scientists agree on... rather than carbon credits.

I would agree with you except for one small thing. One of Solyndra's biggest stakeholders is Argonaut Ventures I. Its majority owner is Oklahoma oil billionaire George Kaiser, who was a "bundler"of campaign funds for the Obama-Biden campaign. That makes it look like he was funneling money to reward his donners.

solyndra Is People!!!

Originally Posted by paco

solyndra Is People!!!

LMFAO

yer my favorite... striking the monkey (*)(*)(*)(*).

Originally Posted by theplantguytn

I would agree with you except for one small thing. One of Solyndra's biggest stakeholders is Argonaut Ventures I. Its majority owner is Oklahoma oil billionaire George Kaiser, who was a "bundler"of campaign funds for the Obama-Biden campaign. That makes it look like he was funneling money to reward his donners.

I am pretty sure T. Boone Pickens threw some money at the GOP. That doesn't change his mission to me.

Originally Posted by theplantguytn

That's strange, because it was supposed to be the cornerstone of Obama's vaunted green-energy future, but now is a king-size political embarrassment. Solyndra, recipient of a $535 million Department of Energy loan guarantee, last month canceled a $300 million initial public offering because auditor PricewaterhouseCoooper said its operating losses and negative cash flow raise doubts about its ability to continue as a going concern. Ouch!

It gets worse for Obama. When he toured Solyndra's Fremont, Calif., factory in May, he gushed that the company was "leading the way toward a brighter and more prosperous future." . . .

One of Solyndra's biggest stakeholders is Argonaut Ventures I. Its majority owner is Oklahoma oil billionaire George Kaiser, who was a "bundler"of campaign funds for the Obama-Biden campaign . . .

http://online.barrons.com/article/SB...133405348.html

You're gonna love this one.

Can't rep you, but this is splendid work.