Obama's Green Jobs 'Solyndra' under investigation for waste, fraud and abuse

if the program is suppose to save lots of money why haven't folks just done it on their own?

 

Do you have any proof of that assertion? For all we know the city of Seattle could have spent the bulk of that money on something else.

They could have taken the $20 Million and paid 200 people $50,000 a year for two years for all the good insulating 3 houses did.

 

$20,000,000.00 + 14 Jobs + 3 homes weatherized = A Democrat Success.......
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The program is ONLY providing low interest loans to weatherize.

If they were giving the weatherizing away, it would have been spent by now.

Because the money it saves is int he future.

Most people are a little tight on cash on hand, and if you put it on a credit card or regular loan, the 28% interest will cost more than your energy savings.

 

http://blog.heritage.org/2009/06/16/top-ten-wasteful-stimulus-projects/

1.“Free” Stimulus Money Results in Higher Utility Costs for Residents of Perkins, Oklahoma
2.FutureGen: The Stimulus Earmark that Wasn’t, Becomes the Costliest Pork Project in History
3.Little-Used “Shovel-Ready” Bridges in Rural Wisconsin Given Priority Over Widely Used Structurally Deficient Bridges
4.$800,000 for little-used Johnstown, Pennsylvania airport to repave a back-up runway; the “Airport for Nobody” Has Already Received Tens of Millions in Taxpayer dollars
5.$3.4 Million for Wildlife “Eco-Passage” in Florida; Project Still May Take Years to Finish
6.Nevada Non-Profit Gets Weatherization Contract After Being Fired For Same Work
7.Non-Existent Oklahoma Lake in Line for Over $1 Million To Construct a New Guardrail
8.Taxpayers Taken for a Ride: Nearly $10 Million to be Spent to Renovate a Century Old Train Station that Hasn’t Been Used in 30 Years
9.Ten Thousand Dead People Get Stimulus Checks, Social Security Administration Blames a Tough Deadline
10.Town of Union, New York, Encouraged to Spend Money It Did Not Request For a Homelessness Problem It Does Not Have

There are hundreds of additional examples of government waste and insanity if needed.......we dont want the colossal Obama waste and failure mentioned in the OP getting all the credit.
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There is nothing on the City of Seattle's website about money to loan for Weatherization. I guess if they don't lend it out, they get to keep it.

 

Spains great green energy fiasco

 

Or is it that you're not paying attention?

Evergreen Solar - bankrupt
http://www.aim.org/on-target-blog/e...proving-once-again-the-reality-of-green-jobs/

Solyndra caught in a scandal and now closing a plant?
http://www.nytimes.com/2010/11/03/business/energy-environment/03solar.html

No, green is a pipe dream and the money being wasted is becoming all too familiar and commonplace.

 

Seems Big Green is just an Obama workaround for redistribution of wealth, money laundering and glad-handing friends and constituents.

And Eric Holder and the (*)(*)(*)(*)wad DA of New York have the audacity to seize the domain names of online poker sites under the unproven assumption of money laundering.

(*)(*)(*)(*), pot meet kettle. If you want to know what this band of scumbags are doing, look to see who they target and who they assault.

 

They probably couldve opened a McDonalds or 2 and created 50 or more jobs with that money.What a waste of money.
Want to see where all the green jobs are?
China

07/28/2011 09:16 AM
China's Green Jobs Counted For First Time

SustainableBusiness.com News

China's massive and fast-growing economy could create millions of green jobs over the next eight years, according to a Worldwatch Institute report. The study is the most thorough effort to date to explore China's green jobs potential.

An analysis of China's energy, transportation, and forestry sectors shows they could provide at least 4.5 million green jobs just in 2020, with millions more in later years.

"Green Economy and Green Jobs in China: Current Status and Potentials for 2020," was co-authored by researchers from Worldwatch's Beijing partner, the Institute for Urban and Environmental Studies at the Chinese Academy of Social Sciences.

Between 2011-2020, China could create:

6,680 direct solar PV jobs a year
34,000 jobs a year in wind, including both power generation and manufacturing. 40,000 direct jobs have been created each year between 2006-2010.
16.7 million of the 220 million vehicles it adds each year will be hybrid or electric, produced domestically.
230,000 jobs a year in high-speed rail
437,000 jobs a year in Beijing's urban rail system alone
1.1 million direct and indirect jobs a year in forestry

China has a long way to go, however, in tracking its economy so that jobs can be accurately counted.

National and regional governments use inconsistent methods to track industries, and probably don't track many smaller businesses that likely have a significant impact on job creation. The lack of industry trade organizations and the difficulty in separating out "green" sub-sectors from larger, fast-growing industries, are also problems.

"Unlike in the United States, which has long had well-established tools and institutions to monitor employment growth, China's means of tracking job creation by industry have a long way to grow," says Worldwatch China Program Manager Haibing Ma. "Our report shows enormous potential for green job creation in China, but more importantly it shows a clear need to develop more robust and accurate tools for tracking employment trends. This capacity building is particularly important given China's dominant role in the global green economy."

In some cases, inefficient implementation has led to unintended economic or environmental costs. Roughly one-third of China's installed wind capacity hasn't been connected to the grid, for example.

And this:
GE Moves Green Jobs To China
Mike Elk's picture

By Mike Elk

July 23, 2009 - 11:42am ET



While Ohio is traditionally thought of once being a center of auto manufacturing, there was such a strong tradition of light-bulb production in the state that the world's largest maker of light bulbs, General Electric, located the headquarters of its light bulb division in Cleveland. The jobs provided by light-bulb manufacturing allowed people to buy homes, send their kids to college, and fuel a vibrant economy in Ohio for decades.

But in the last decade, GE has closed over fifteen factories in Ohio and downsized numerous others. Since 1980, employment in GE Lighting has dropped by 68 percent.

A large chunk of that manufacturing has gone to China, and now GE plans to send even more to China in the wake of new clean energy policies. By 2014, Americans will only be able to purchase more energy efficient CFL light bulbs. However, GE has located all of its facilities for high-efficiency light bulbs to China and has told the union representing the workers that they have no intention to locate compact flourescent facilities in the United States.

GE is currently threatening to close one factory in Niles, Ohio that produces light bulbs. The workers, members of United Electrical, Radio, and Machine Workers of America (UE) at one are calling on GE to look for a way to refit their plant so that they can be part of the new clean energy economy. Ohio Sen. Sherrod Brown and Rep. Tim Ryan wrote a letter to GE's CEO Jeffery Immelt expressing "deep concern" for the workers at the plant. "The workers and tradition of the Niles facility present an enormous opportunity to show how we can transition manufacturers from contracting industries, like incandescent bulbs, to emerging industries in energy and medical IT."

Ohio could indeed be a hub of new light bulb production. Recently, a Chinese-owned manufacturer of high-efficiency light bulbs has opened a factory, citing Ohio as having some of the world's most highly skilled light-bulb workers.

Ohio's legacy of bulb production, and its factories that could easily be converted from incandescent production to CFL production, presents a grand opportunity to employ workers in building a green energy economy in Ohio.

The IMPACT Act introduced by Brown in the Senate would help small and medium-sized manufacturers transition to the clean energy economy. Brown’s bill creates a $30 billion Manufacturing Revolving Loan Fund to provide these manufacturers with much-needed access to credit to improve energy efficiency and retool for the clean energy industry.

The Apollo Alliance—a coalition of business, labor, and environmental groups—estimates that the IMPACT Act could create 680,000 direct manufacturing jobs nationally and 1,972,000 related jobs over the next fiver year.

So far, GE has shown every intention to take the American tax dollars being used to subsidize the green-energy economy and use them to build Chinese factories and pay Chinese workers. As I wrote earlier this week, in spite of GE CEO Jeffery Immelt's statement that companies need to stop outsourcing, GE continues to lead the effort to outsource clean-energy jobs. Most recently, GE has cut off a contract with a windmill factory in Indiana and shipped the work to China despite the factory offering to sell their parts at the same price as their Chinese competitors.

To add insult to injury to workers losing their jobs from foreign outsourcing, GE has even launched a television ad campaign promoting American manufacturing. "GE has the ability to locate its new manufacturing for CFL's, LED's, as well as the new incandescent lighting technologies in Ohio and elsewhere in the U.S. So far they have not done this, and we see no sign that they are even considering doing this. GE Lighting workers in the U.S. see little to cheer in GE's pronouncements and feel good advertising because for several decades now every plant has been on an extended deathwatch." said Chris Townsend of the United Electrical, Radio, and Machine Workers.

It's time that CEO's like Jeffery Immelt live up to their word and help rebuild the American economy by keeping American manufacturing jobs in America. It's also time that we adopt a comprehensive policy that promotes American manufacturing and prevents companies like GE from using taxpayer funds intended to stimulate the American economy to undermine our economy instead.


And Jeffery Immelt is Obamas Job Czar,and here he is sending jobs to China??

 

Couldn't have said it any better!

 

Green energy can only be used as a supplement but there are other ways to get off oil , nuclear is one

 

Most, if not all, the green jobs programs have been utter failures. We could, of course, just have looked at Spain's failed attempt.

Spain Admits “Green Jobs” Program A Disaster

No, that would have made too much sense, we needed to pump hundreds of millions of dollars into factories that have already failed.

Solyndra solar plant closes; $535 million vanishes

Yet these liberals still think that if we would just pump enough borrowed money into building "a green economy" it will somehow magically work.

 

Maybe someday a nuclear cell can run a car, like it did the voyager spacecrafts. But that is still very far away from reality.

We still need oil for cars. And ethanol is a waste of corn needed for food, not to mention the wasteful subsidies.

Yes, we need more nuclear for elec.

Obama and his ilk seem to be against everything BUT their stupid, ineffective and expensive "green energy".

Oh, and that biofuel? Gunks up engines real bad. Horrors-

 

Obama's California green energy jobs plan is a failure too.

He gave away $535 million dollars and LOST 1,100 jobs.

http://gigaom.com/cleantech/solyndra...-lay-off-1100/

 

http://www.gizmag.com/coal-gas-fuel-cells/19012/

A new use for coal!!!!

 

each time when you think like that you are not too much different from an Obama supporter and from a demand of green energy.

I do need green energy measured in greenbacks. I don't care what is it made out, - nuclear, black holes, vacuum flactuation, fantasies or coal. I want to see $1 for 200,000BTU or 58KWh, anything else is an abuse and tyrany.

when you become able to support yourself, I am sure you will understand.

 

Just $535 million of taxpayer money down the drain.

"Update: Solyndra announces it plans to file Chapter 11 bankruptcy, is suspending operations and seeks a reorganization. Click here for the company's full statement.

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Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus.

"I was told by a security guard to get my [stuff] and leave," one employee said. The company employs a little more than 1,000 employees worldwide, according to its website.

The company has said it will make a statement at 9am California time, though it's not clear what that statement will be. An NBC Bay Area photographer on the scene reports security guards are not letting visitors on campus. He says "people are standing around in disbelief." The employees have been given yellow envelopes with instructions on how to get their last checks.

Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said "it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. "

The federal government offered $535 million in low cost loan guarantees from the Department of Energy. NBC Bay Area has contacted the White House asking for a statement.

Some Republicans have been very critical of the loans. "I am concerned that the DOE is providing loans and loan guarantees to firms that aren't capable of competing in the global market, even with government subsidies" Florida Congressman Cliff Stearns told the New York Times."

http://www.nbcbayarea.com/news/local/Solyndra-Shutting-Down-128802718.html

And guess what he will propose more of in his speech Thursday night?

 

Obama's showcase of green tech just announced it was closing it's doors and laying off 1100 workers and leaving 535 million unpaid federal loans. GOP lawmakers attempted to warn the Democrats but they went ahead anyway with the loans.

Thanks Obama

http://www.washingtonpost.com/polit...n-guarantees/2011/08/31/gIQAB8IRsJ_story.html

 

I swear anything this guy gets involved in is doomed,,''The Kiss of Death strikes again...''

Worked out about as good as the Volt......

 

Obama visited this factory and predicted great things for it and his green jobs agenda.

Now both are down the drain along with $535 million of borrowed Chinese money.

 

Alphabet TV media covered Obama's visit to Solyndra....

will they offer a little puff piece on its demise and the waste of half a billion taxpayer dollars?

 

The backers of this venture invested a billion dollars.

http://blogs.wsj.com/venturecapital...1b-solyndras-backers-finally-lose-their-grip/

 

Of course not.

As far as the pro Obama lib media is concerned it never happened.

 

Because of Obama and his vast knowledge of the private marketplace?

He never even managed a lemonade stand and now he thinks he can command the world's largest economy.