Collarspace Discussion Forums


Home  Login  Search 

RE: Bankrupt Solar Company A Republican Problem, Not Just Obama's


View related threads: (in this forum | in all forums)

Logged in as: Guest
 
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: Bankrupt Solar Company A Republican Problem, Not Just Obama's Page: <<   < prev  1 2 [3]
Login
Message << Older Topic   Newer Topic >>
RE: Bankrupt Solar Company A Republican Problem, Not Ju... - 9/20/2011 7:23:21 PM   
thompsonx


Posts: 23322
Joined: 10/1/2006
Status: offline
quote:

ORIGINAL: samboct

Thompson

We bellyached about $0.5B in loans to a company which is probably mostly gone. The Chinese have at last estimate, supported their factories with $30B. They can last through this downturn, and our companies can't.

Sam



So it seems to be a failure of capitalism.
How many u.s. companies are invested in those chinese companies?

(in reply to samboct)
Profile   Post #: 41
RE: Bankrupt Solar Company A Republican Problem, Not Ju... - 9/20/2011 7:41:10 PM   
samboct


Posts: 1817
Joined: 1/17/2007
Status: offline 		Capitalism works when regulated- turns into Monopoly when not. I don't think any US firm invests in Chinese firms, although US firms do open up subsidiaries in China- but the Chinese tend to use that as a way to snag technology. Lots of US firms- especially pharmaceuticals bellyached that patents were mysteriously held up- and then found that research station #53 had somehow come up with their compound a month prior to their Chinese patent application. Surprising how often that happened....


Sam

(in reply to thompsonx)
Profile   Post #: 42
RE: Bankrupt Solar Company A Republican Problem, Not Ju... - 9/20/2011 7:48:08 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: samboct

Thompson

We bellyached about $0.5B in loans to a company which is probably mostly gone. The Chinese have at last estimate, supported their factories with $30B. They can last through this downturn, and our companies can't.

Sam


Mostly gone? Its ALL gone. Why? Because in April, with everyone telling them the company would be bankrupt by September, they restructured the deal to move the taxpayer from first to last priority in a bankruptcy proceeding.

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

(in reply to samboct)
Profile   Post #: 43
RE: Bankrupt Solar Company A Republican Problem, Not Ju... - 9/21/2011 7:08:15 AM   
thompsonx


Posts: 23322
Joined: 10/1/2006
Status: offline
quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: samboct

Thompson

We bellyached about $0.5B in loans to a company which is probably mostly gone. The Chinese have at last estimate, supported their factories with $30B. They can last through this downturn, and our companies can't.

Sam


Mostly gone? Its ALL gone. Why? Because in April, with everyone telling them the company would be bankrupt by September, they restructured the deal to move the taxpayer from first to last priority in a bankruptcy proceeding.



Perhaps there is another point of view

http://thinkprogress.org/romm/2011/09/13/317594/timeline-bush-administration-solyndra-loan-guarantee/

(in reply to willbeurdaddy)
Profile   Post #: 44
RE: Bankrupt Solar Company A Republican Problem, Not Ju... - 9/21/2011 7:10:04 AM   
thompsonx


Posts: 23322
Joined: 10/1/2006
Status: offline
quote:

Capitalism works when regulated- turns into Monopoly when not.


Capitalism seeks monopoly and buys politicians to insure it.

(in reply to samboct)
Profile   Post #: 45
RE: Bankrupt Solar Company A Republican Problem, Not Ju... - 9/21/2011 8:14:34 AM   
RacerJim


Posts: 1583
Joined: 1/1/2004
Status: offline
quote:

ORIGINAL: thompsonx


quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: samboct

Thompson

We bellyached about $0.5B in loans to a company which is probably mostly gone. The Chinese have at last estimate, supported their factories with $30B. They can last through this downturn, and our companies can't.

Sam


Mostly gone? Its ALL gone. Why? Because in April, with everyone telling them the company would be bankrupt by September, they restructured the deal to move the taxpayer from first to last priority in a bankruptcy proceeding.



Perhaps there is another point of view

http://thinkprogress.org/romm/2011/09/13/317594/timeline-bush-administration-solyndra-loan-guarantee/


Here's the only point of view that matters. The Obama administration approved the Solyndra loan guarantee after restructuring it such that private investors would be first in line in event of bankruptcy just like the Obama administration structured its' bailout of GM such that unions would be first in line in event of success -- violations of existing laws for the benefit of major contributors to Obama's 2008 campaign in both cases.

(in reply to thompsonx)
Profile   Post #: 46
RE: Bankrupt Solar Company A Republican Problem, Not Ju... - 9/21/2011 8:23:08 AM   
thompsonx


Posts: 23322
Joined: 10/1/2006
Status: offline
quote:

Here's the only point of view that matters.


Did someone die and appoint you god?
Get over yourself.

(in reply to RacerJim)
Profile   Post #: 47
Page:   <<   < prev  1 2 [3]
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: Bankrupt Solar Company A Republican Problem, Not Just Obama's Page: <<   < prev  1 2 [3]
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Collarchat.com © 2025
Terms of Service Privacy Policy Spam Policy

0.078