Awww Ranger is stuck in a corner again. How cute! Here's some cheese.
/me drinks some whine
Unlike the current administration that wasted over 500M of tax payers money on a pipe dream.
Stop exaggerating. The article you posted also exaggerated(with sophistication) and assaulted much like myself so don't go saying facts are facts just yet. Did enjoy the continued pun.
Here's a better article you should have used Ranger. Noticed two things when reading his articles. One already known, the donations, and the 2011 time stamp on his writings. Seems no reporter anywhere cared this guarantee happened until failure struck. Vultures. =/ btw heard months ago the greater scandal(s) were had within the DOE rather than the WH from somewhere and was content with that claim as it made the most sense. Still am. :P
http://www.iwatchnews.org/2011/05/24/4710/skipping-safeguards-officials-rushed-benefit-politically-connected-energy-company
Jonathan Silver, a former venture capitalist, Silver himself has been an early-stage investor in alternative energy technology. He joined DOE after the Solyndra financing.
The loan guarantee, the administration's first for a clean energy project, benefited a company whose prime financial backers include Oklahoma oil billionaire George Kaiser, a "bundler" of campaign donations. Kaiser raised at least $50,000 for the president's 2008 election effort.
To close the loan, Chu said Solyndra had to meet an equity commitment. It took months to happen. Among the key backers of the $198 million raised: Oklahoma oilman Kaiser's Argonaut Private Equity, as well as Madrone Capital Partners, a private investment firm affiliated with S. Robson Walton, chairman of Wal-Mart Stores Inc.
Miller said. "We applied for the loan guarantee in 2006. It was awarded three years later.
"The promise of clean energy isn't just an article of faith ラ not anymore," Obama told Solyndra workers eight months later. "The future is here."
Within this Obama bashing we forgot to throw in an authentic conspiracy theory.
Big Oil did it with a face pipe!
Now for a personal thought. As if I'd have those. ;)
Solly went bankrupt in Sept. the same month as two other solar companies which is why I favor american wind and nuke so much at present. Think the solar R&D and product of other countries can be assimilated with the years. Won't see me talk about geotherm any as that should go in case by case basis for buildings and held with uncertain caution...unless we plan to make boreholes like in Alpha Centauri. That would be the best tourist trap ever! If we finally took to CCS development all the better. Another idea to fly out there, cascading solar rods on windmills. :P
This concludes the best thread jacking of the year.