Obama: No Regrets About Solyndra Loan (Clueless to the End, Arrogant or just Just Lib-minded?)

newsmax ^ | 10/4/11

[bestintxas]

President Barack Obama said Monday he does not regret a $528 million loan to a solar energy company that later collapsed, saying officials always knew a clean energy loan program would not back winners 100 percent of the time.

"There are going to be some failures, and Solyndra's an example," Obama said in a television interview, referring to a California solar panel maker that declared bankruptcy last month and laid off its 1,100 workers. The company's failure has become a rallying cry for critics of Obama's clean energy program who say the government should not try to predict winners and losers in the volatile renewable energy market.

Obama disputed that, saying China is pouring "hundreds of billions of dollars into this space." If the United States wants to compete with China, Germany and other countries that are heavily subsidizing clean energy, "we've got to make sure that our guys here in the United States of America at least have a shot," Obama said.

Obama, in an interview with ABC News, was asked whether his administration had ignored warnings about Solyndra, as some congressional Republicans assert.

"Well, hindsight is always 20-20," he said.

[bestintxas]

Love the line "Well, hindsight is always 20-20," he said."

I can hear our commander-in-chief say that line when Iran drops the bomb.

[Righting]

Arrogant or just Just Lib-minded?)
One in the same.

[tobyhill]

He’s going to double-down now because he’s been busted and has nowhere to run to.

[Fireone]

No regret? That’s a good one! That “loan” put millions into
his reelection coffers. Why would he have regrets?

[silverleaf]

I bet if he and the wookie lost $500,000 he’d have some regrets

and a bus’ lip

Hindsight is always 20-20 when your head is up your backside

[Mouton]

“Well, hindsight is always 20-20,”

I hear most of the electorate is saying that now.

[PBRSTREETGANG]

He has no regrets because he’s achieving what he wanted to...more or less.

His only regret is that Solyndra bombed too early. He was counting on a second term to stick the shiv further into the country.

If it becomes clear that he has no hope at all in 2012, he’ll amp up the destructive behavior even more.

[tal hajus]

A. Clueless

B. Arrogant

C. Lib-Minded

D. All of the Above

I'll take D.

[Rashputin]

It's not a matter of arrogance or being “lib-minded”. The guy does not believe he can be wrong, period. No matter what happens, he will always be sure he did the right thing and someone downstream of him screwed up his perfect decision. That's the key thing about this guy a lot of people miss, he is quite mad in the real sense of madness. He is a total narcissist and will do whatever it takes to keep his personal bubble that encapsulates his view of himself from being popped. If he runs in 2012 and loses, he'll be offshore advocating violent revolution within a week because any country that doesn't elect him deserves to be abandoned then overthrown. If he realizes he may not win before the election process is much further along, he'll opt out of the election and begin advocating violent revolution before the election.

He cannot see anything other than how correct he is, it's impossible for him. Every time he feels his bubble threatened, he self-medicates some way. Street drugs, prescription drugs, it doesn't matter to him because whatever it takes to keep his bubble in place is just fine. Left, right, right, wrong, they're all meaningless to him other than as tools to keep his bubble intact or threats to his bubble.

[myrabach]

Of course he has no regrets. He wouldn’t take responsibility for doing something wrong, ergo he doesn’t do anything wrong to regret.

[GlockThe Vote]

There are no words for the contempt I have for this keyan marxist wretch.

[Pollster1]

"There are going to be some failures, and Solyndra's an example,"

Nice quote, but I would modify it: "There are going to be catastrophic failures, and the Obama Regime is an example."

[Steely Tom]

He’s going to double-down now because he’s been busted and has nowhere to run to.

Isn't "doubling down" essentially the same as "bluffing" ?

[Graybeard58]

Obama: No Regrets About Solyndra Loan

If I loaned money, even if to a trusted friend and didn't get repaid, I'd have regrets. Of course Obama wasn't loaning his own money but ours.

[N. Theknow]

Even CNN had a bit this AM about emails expressing “concern” over Idi Obama’s visit to Solyndra, as it was even then obvious it was going to tank.

[SERKIT]

They couldn't flush it fast enough. The only thing green was our money.

[PGalt]

FUBO. It’s all fun and games when you’re using OPM, you POS.

DEFUND socialist collectives, foreign and domestic.

[andy58-in-nh]

Solyndra's business success or failure was never Obama's concern: funding it (and all other "green" initiatives) with our tax dollars was entirely the object. Obama is a Progressive and a Marxist. His goal is to place as much of our economy (or what remains of it) under control and direction of the Federal government, and in that respect, he has been successful.

That was at least the first stage of the plan - the "top-down" part. Next comes the "bottom-up" phase: from the streets - and it has already begun.

[MrB]

“Sin is ... being out of alignment with my values.”
Barack Obama, Nov 20, 2008

[MrB]

1) Bring down America through crushing debt, through excessive spending.
2) Replace all viable energy sources that are capable of supporting a capitalist economy with fake energy sources that are incapable of doing so, with the goal of destroying and replacing said capitalist economy with a socialist/communist economy.