Obama admin gave 8 billion to liberal tech in a lefty state!!!

Discussion in 'Current Events' started by The Mello Guy, Sep 29, 2011.

  1. The Mello Guy

    The Mello Guy Well-Known Member

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    oh wait, turns out it was nuclear power

    In Georgia...

    ....and they didnt give them money, just a loan guarantee....

    but hey, thats about an accurate a title as most we see here lately.

     
  2. Dispondent

    Dispondent Well-Known Member Past Donor

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    Do explain what happens when a loan guarantee from the government is not repaid by the recipient. I only ask, so we can continue the discussion with honesty and remain accurate.
     
  3. Mac-7

    Mac-7 Banned

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    Most nuclear power plants can operate for 50 years.

    If we give the money to friends of Obama in the solar industry they companies could be out of business by Christmas.
     
  4. Consmike

    Consmike New Member Past Donor

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    hmm loan money you know you will get back on known technology or loan money on solar and risk losing it all?
     
  5. The Mello Guy

    The Mello Guy Well-Known Member

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    1st off are we admitting that a loan guarantee is not us giving anyone a cent?
     
  6. The Mello Guy

    The Mello Guy Well-Known Member

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    gee...then why would they need a federal loan guarantee

    and why would obama give them money thats for his friends?

    you guys come up with the dopiest conspiracys....go back to the Obama was born in Kenya one, that was harder to debunk
     
  7. Mac-7

    Mac-7 Banned

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    No.

    Because when Solyandra went bust the taxpayers do have to give up $535 million.
     
  8. The Mello Guy

    The Mello Guy Well-Known Member

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    the bank wont demand a loan guarantee from the feds on money they "KNOW THEY WILL GET BACK"

    LMAO seriousluy?
     
  9. Mac-7

    Mac-7 Banned

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    Because of the anti-nuclear environmental wackos who never cease trying to shut them down through the courts or the EPA.
     
  10. The Mello Guy

    The Mello Guy Well-Known Member

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    have they?

    are you claiming we will get nothing in bankruptcy? and that CA doesnt really have a law that would protect us in this senario?
     
  11. The Mello Guy

    The Mello Guy Well-Known Member

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    always a new conspiracy to explain the holes in the other one.

    so much for knowing they loan will be repaid huh?
     
  12. Dispondent

    Dispondent Well-Known Member Past Donor

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    I didn't ask for a dodge, just a simple explanation.
     
  13. The Mello Guy

    The Mello Guy Well-Known Member

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    and you have my word you will get once...

    once I get someone to state clearly a loan guarantee is not us giving anyone a cent
     
  14. Mac-7

    Mac-7 Banned

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    According to reports the taxpayers were moved to the end of the line in order to attract more private capital.

    I don't know about California's laws or if they apply to federal loans but the 2005 Energy bill that authorizes these green loans the federal government is supposed to be first in line.

    So I'm not sure how much laws mean to Obama and his leftwing crowd in the White House.
     
  15. The Mello Guy

    The Mello Guy Well-Known Member

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    if the law says we have to be first, then how could we be moved to the end?

    chances are its RW talking heads being fast and loose with the facts, but that I dont know.

    even still it doent mean we will get nothing.
     
  16. Mac-7

    Mac-7 Banned

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    That's what a special prosecutor should be asking the appropriate officials at the White House - after swearing them in under oath.
     
  17. The Mello Guy

    The Mello Guy Well-Known Member

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    lmao again you have nothing but partisan rants to justify that sort of action

    if you did, id be with you.
     
  18. signcutter

    signcutter New Member

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    Heheh yep.. they call them bailouts
     
  19. Mac-7

    Mac-7 Banned

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    I don't trust Obama to investigate Obama.

    Would you in my place?

    A special prosecutor removes doubt and protects Obama as much as it protects the public.
     
  20. The Mello Guy

    The Mello Guy Well-Known Member

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    you have a long way to go before you get to that point....but I agree you dont trust any admin to investigate themselves.

    sad righties didnt figure that out sooner.
     
  21. Bluesguy

    Bluesguy Well-Known Member Donor

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    It is if they don't pay it back.
     
  22. Radio Refugee

    Radio Refugee New Member

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    Idiocy.

    Every loan guarantee costs a sum equal to (the probability of default X the loan principle) + origination fees + administration fees + ....
     
  23. Iriemon

    Iriemon Well-Known Member Past Donor

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    How is a loan guarantee the same as a gift?
     
  24. The Mello Guy

    The Mello Guy Well-Known Member

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    great question!
     
  25. toddwv

    toddwv Well-Known Member Past Donor

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    We're supposed to ignore all the no-bid gimmees that the Bush Administration handed companies like Haliburton, a company that was still cutting Cheney's paychecks when he was elected.

    Just ignore the TENS of billions of dollars in fraud that was uncovered during just one limited investigation.

    Just forget the tens of billons of dollars that the Bush Administration sent to Iraq for reconstruction which disappeared without a trace.
     

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