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Keyword: solyndra

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  • Taxpayers lose $139 million on Fisker Automotive loan

    11/25/2013 7:16:47 PM PST · by DBCJR · 3 replies
    dailycaller.com ^ | 3:59 PM 11/22/2013
    Happy Thanksgiving from the Obama administration. The Energy Department has sold off its $192 million loan guarantee to Fisker Automotive to Chinese billionaire Richard Li for $25 million — the biggest taxpayer loss on a green loan since the failure of Solyndra. The Energy Department will announce the “selling of the promissory note” to Hybrid Tech, which is owned by Chinese billionaire Richard Li, according to sources familiar with the sale. The DOE sold the loan to Li for $25 million after lending the financially troubled green automaker a total of $192 million since 2009. “Once again, American taxpayers are...
  • Solar firm linked to Obama donors could be 'next Solyndra,' top GOP Sen. warns

    11/19/2013 6:01:59 PM PST · by jazusamo · 17 replies
    Fox News ^ | November 19, 2013 | Joseph Weber
    A California-based solar company backed by several Obama supporters has been receiving millions in federal tax credits while losing $322 million since 2008, raising concerns about the company “becoming the next Solyndra.” Among SolarCity Corp.’s biggest investors is Elon Musk -- the high-profile donor and fundraiser who co-founded PayPal and whose companies SpaceX and electric-car company Tesla Motors have received at least $846 million in loans and startup money from the Obama administration. Alabama Sen. Jeff Sessions, the top Republican on the Senate Budget Committee, warned about SolarCity’s financial standing in a letter Monday to the Treasury Department. “There is...
  • How do Bankrupt Solyndra and Bankrupt Obamacare Differ Ideologically?

    10/31/2013 9:33:29 AM PDT · by Graewoulf · 7 replies
    Graewoulf | October 31, 2013 | Graewoulf
    Will those of us who see no difference between the failed Green Energy Socialist ideological experiment of the Solyndra Bankruptcy, and the failed Socialized Medical Insurance Tax Socialist ideological experiment of the Obamacare Bankruptcy vote in large enough numbers in the 2014 National Congressional Election to REPEAL and ABOLISH Obamacare, Boehnercare or another Federal "replacement" to Universal Socialized Medical Insurance?
  • Federal Solar Auction Gets No Bidders;y

    10/27/2013 5:38:09 PM PDT · by Kaslin · 7 replies
    NewsBusters.org ^ | October 27, 2013 | Tom Blumer
    Green energy is supposedly the future. Why, solar energy will break out and become a major energy source any year now, or any decade now. Or maybe never. It has been the subject of national attention ever since President Obama made it a cornerstone of his 2008 presidential campaign. Of course, what Obama claims is in energy policy has worked out to be more a of a growth-constraining, government money-wasting endeavor than anything else. The Denver Post carried the original story on Thursday of how the federal government's first attempt at a solar auction went. The headline was accurate: "1st...
  • GOP hopes Obama heath care woes have staying power

    10/26/2013 11:28:17 AM PDT · by Olog-hai · 23 replies
    Associated Press ^ | Oct 26, 2013 12:32 PM EDT | Julie Pace and Nancy Benac
    For nearly five years, Republicans have struggled to make a scandal stick to President Barack Obama’s White House. One by one, the controversies—with shorthand names such as Solyndra, Benghazi, and Fast and Furious—hit a fever pitch, then faded away. But some Republicans see the disastrous rollout of Obama’s health law as a problem with the kind of staying power they have sought. The health care failures are tangible for millions of Americans and can be experienced by anyone with Internet access. The law itself is more closely associated with Obama personally and long has been unpopular with the majority of...
  • No one bids to build solar plants on Colorado public lands

    10/25/2013 1:49:47 AM PDT · by Cincinatus' Wife · 17 replies
    Washington Examiner ^ | October 24, 2013 | ASHE SCHOW |
    Well, this is awkward. An auction in Colorado for the right to build solar energy plants produced no bids, according to the Denver Post. "We are going to have to regroup and figure out what didn't work," Maryanne Kurtinaitis, renewable energy program manager for the federal Bureau of Land Management’s Colorado office told the Post. But Ken Borngrebe, environmental permitting manager for First Solar, said the problem likely had to do with market uncertainties surrounding solar projects. "It may come down to the lack of confidence in the market for solar today," Borngrebe said. The problems for solar energy stem...
  • Obama, the Environmental Charlatan

    10/18/2013 6:52:10 AM PDT · by rktman · 3 replies
    American Thinker ^ | 10/18/2013 | Jeffery Folks
    The president is committed to the idea of anthropogenic global warming. Man-made carbon emissions, he believes (or pretends to believe), cause global temperatures to rise, and this temperature increase is destructive. By reducing man-made carbon emissions, temperatures can be made to fall. Every part of this logic is flawed, if not utterly false. Do carbon emissions cause global warming? The Intergovernmental Panel on Climate Change is largely composed of climate researchers with what would seem a strong vested interest in promoting the global warming agenda. Yet even the IPCC has a 5% doubt that human activities affect the climate.
  • Obamacare website firm's execs had White House access

    10/15/2013 7:20:31 AM PDT · by libstripper · 16 replies
    Washington Examiner ^ | Oct. 15, 2013 | Richard Pollock
    Senior executives from CGI Federal -- the company that won the Obamacare website contract -- enjoyed high-level access to top Obama administration officials, according to White House visitors' logs. CGI Federal is the U.S. subsidiary of CGI Group, the Canadian company based in Montreal that won the $93 million contract from the Department of Health and Human Services in December 2011 to build Healthcare.gov, the main Obamacare web site. Prior to the official award, senior CGI executives met with top White House officials and attended a number of invitation-only addresses by President Obama.
  • 300 reasons why I’m sooo glad I didn’t vote for Obama

    09/28/2013 4:06:31 AM PDT · by grundle · 32 replies
    wordpress ^ | September 28, 2013 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog 300 reasons why I’m sooo glad I didn’t vote for Obama By Dan from Squirrel HillSeptember 28, 2013As the author of this blog post, I place it into the public domain. Anyone may freely copy it in any part or in its entirely, without asking my permission, and without paying any money. I do ask you please cite a link to http://danfromsquirrelhill.wordpress.com/2013/09/28/obama-300/I ask you to please show this list to as many people as possible – and especially, to please show it to as many Obama supporters as possible. Sunshine really is the best disinfectant. I...
  • More Loan Disasters Like Fisker and Solyndra Could Be On the Way

    09/02/2013 10:21:48 AM PDT · by SeekAndFind · 8 replies
    Pajamas Media ^ | 09/01/2013 | BECKY GRAEBNER
    The word on the street is that the Obama administration is ready to reignite the Department of Energy loan program for alternative vehicles. I think I’ve harped on Fisker Automotive, Vehicle Production Group and the battery-failure twins Solyndra and A123 Systems enough for you all to remember that each one of these flops received large loans from DOE… and failed to pay them back. The controversial loan program was taken offline by then department head Steven Chu two years ago. Well, it’s back. Chu’s successor, Ernest Moniz, is hoping that the department can jump-start the loan program again — and...
  • Oh Mann… this can’t be good. Called a ‘charlatan’ and his gubernatorial pick linked to Solyndra ....

    08/10/2013 10:35:18 AM PDT · by Ernest_at_the_Beach · 15 replies
    Watts Up With That? ^ | August 7, 2013 | Anthony Watts
    Full Title: Oh Mann… this can’t be good. Called a ‘charlatan’ and his gubernatorial pick linked to Solyndra in the same day!…But the situation is more delicate for those who gained their notoriety, made their reputations, and received their government funding on the old “sky is falling” model. For them acknowledging new facts means admitting the major possibility they were wrong. This includes conceding policy prescriptions based on their work may be draconian, counterproductive, and in the end vastly harmful to poorest of the world’s population. The ethanol disaster is but one example of “consensus” science taking food off the...
  • Here are 239 examples of Barack Obama’s lying, lawbreaking, corruption, cronyism, etc.

    08/10/2013 7:16:24 AM PDT · by grundle · 8 replies
    wordpress ^ | August 9, 2013 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog Here are 239 examples of Barack Obama’s lying, lawbreaking, corruption, cronyism, etc. In the 2008 United States election, I wrote in Ron Paul for President. In the 2012 election, I voted for Libertarian Party candidate Gary Johnson. Those who are of a more leftist persuasion than myself might want to consider voting for the Green Party in future elections. Some of the things on this list are major events that should scare the daylights out of any true liberal who cares about civil liberties.Other things on this list are medium things that some Obama supporters may...
  • McAuliffe lobbied Obama aide in charge of Solyndra

    08/07/2013 10:54:36 PM PDT · by Nachum · 13 replies
    Daily Caller ^ | 8/8/13 | Brendan Bordelon
    Terry McAuliffe, the Democratic candidate for governor of Virginia and former owner of an electric car company now under federal investigation, once paid a visit with three other advisers to the same White House “green energy” official who helped secure more than $500 million in guaranteed loans for Solyndra, the now-bankrupt solar panel manufacturer backed by a prominent Barack Obama fundraiser. White House visitor records reviewed by Watchdog.org indicate that McAuliffe met with Greg Nelson, the former associate director for energy, environment and technology, at the White House on October 13, 2010. While the substance of the meeting is unknown,...
  • Exclusive: Criminal charges against Solyndra founder are unlikely - sources

    07/11/2013 8:10:08 PM PDT · by Bigtigermike · 5 replies
    Reuters ^ | Thursday June 11, 2013
    SAN FRANCISCO (Reuters) - The founder of bankrupt solar panel maker Solyndra will likely avoid criminal charges even if charges are brought against other former executives of the company, according to several people familiar with the investigation. Christian Gronet founded the company in 2005 and was its chief executive until 2010. Solyndra filed for bankruptcy protection in 2011 after receiving $528 million in federal loans. Its demise triggered a criminal probe into what Solyndra told federal authorities during the loan application process, along with intense criticism from Republican lawmakers who opposed the Obama Administration's efforts to support the green energy...
  • Here are 209 examples of Barack Obama’s lying, lawbreaking, corruption, cronyism, etc.

    07/07/2013 9:05:59 AM PDT · by grundle · 16 replies
    wordpress ^ | July 7, 2013 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog Here are 209 examples of Barack Obama’s lying, lawbreaking, corruption, cronyism, etc. In the 2008 United States election, I wrote in Ron Paul for President. In the 2012 election, I voted for Libertarian Party candidate Gary Johnson. Those who are of a more leftist persuasion than myself might want to consider voting for the Green Party in future elections. Some of the things on this list are major events that should scare the daylights out of any true liberal who cares about civil liberties.Other things on this list are medium things that some Obama supporters may...
  • Here are 200 examples of Barack Obama’s lying, lawbreaking, corruption, cronyism, etc.

    06/20/2013 5:08:07 PM PDT · by grundle · 8 replies
    wordpress ^ | June 20, 2013 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog Here are 200 examples of Barack Obama’s lying, lawbreaking, corruption, cronyism, etc. In the 2008 United States election, I wrote in Ron Paul for President. In the 2012 election, I voted for Libertarian Party candidate Gary Johnson. Those who are of a more leftist persuasion than myself might want to consider voting for the Green Party in future elections. Some of the things on this list are major events that should scare the daylights out of any true liberal who cares about civil liberties.Other things on this list are medium things that some Obama supporters may...
  • Ex-Energy Secretary Praises Solyndra-Style Loans: 'More Successful Than Wall Street'

    06/10/2013 7:58:44 AM PDT · by Nachum · 23 replies
    Weekly Standard ^ | 6/10/13 | DANIEL HALPER
    Ex-energy secretary Steven Chu is still praising Solyndra-style loans. He did it most recently in an interview with San Francisco Chronicle. The paper asks, "When you look back, is there anything you'd do differently about Solyndra?" Chu responds: We were evolving. Solyndra was the first loan, the one where the career people who started with the Bush administration said, "This looks like an exciting technology." The Wall Street Journal said it was one of the top 25 companies to watch. And then prices started to crash. And as we got more sophisticated in the loans, from 2009 to 2010, we...
  • President Obama drowning in corruption scandals

    06/03/2013 1:25:06 AM PDT · by South40 · 32 replies
    WashingtonTimes.com ^ | May 29, 2013 | Eric Golub
    LOS ANGELES, May 29, 2013 —President Obama is drowning in corruption scandals. Whether you believe he is an innocent victim, incompetent bungler or nefarious schemer, one thing is certain. These scandals will not disappear just because he and his supporters want them to. We asked the question in January,is President Obama corrupt? “Solyndra, Benghazi, Fast and Furious, the NLRB suing Boeing, and Lisa Jackson’s EPA emails are all serious scandals involving government corruption at the highest levels. At the minimum they show Obama to be ignorant or indifferent to what’s going on in his own administration.” Those words appeared here...
  • How to Handle a Scandalanche®? Hint: You’ll Need a Few Rounds.

    05/28/2013 7:38:33 AM PDT · by NOBO2012 · 4 replies
    Michelle Obama's Mirror ^ | 5-28-2013 | MOTUS
    We’re hoping everyone has forgotten about this so-called Scandalanche® (like an Instalanche, only smellier) over the long weekend holiday. Things have gotten so out of control that we had to cancel our usual plans to visit friends in Chicago in order to attend the ceremony at the Tomb of the Unknown Soldier ourselves this year.  Lady M gets a rose, Big Guy gets a boutonniere sized to match his ego: For me? You really shouldn’t have. While people across America spent the long weekend remembering our fallen heroes, disconnected from their personal electronic devices, resting up and roasting wieners, Big...
  • 5 scandals that could undo Obama's re-election bid (Flashback April 19, 2012)

    05/22/2013 7:41:11 AM PDT · by haffast · 2 replies
    This Week ^ | April 19, 2012 | The Week Staff
    "For the most part, the Obama administration has successfully avoided bad publicity, but it's now being faced with a string of scandals at the worst possible time" The Obama administration has largely been heralded as the most scandal-free in modern history. But now, right in the middle of an election year, President Obama is being saddled with a string of embarrassing — and potentially damaging — incidents. Most recently, The Los Angeles Times released photos of U.S. soldiers posing with the corpses of Afghan insurgents. While the revelation was deeply troubling, that scandal has mostly reflected poorly on the military....