Yes, every day that the congress is not in session is a good day for America.

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

It looks incompetent at best, I'll readily admit. At one time Solyndra's tech looked promising, not long ago when the silicon for PVCells was a lot more expensive. Solyndra didn't use silicon or perhaps nearly as much, I'm no expert on it's technology. Nonetheless, I can see how it might have appeared promising.

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1986 300SDL, 362K
1984 300D, 138K

Make one wonder why venture capitalists didn't fund the company.

If everybody won't fund a company, shouldn't we also ask why? If every girl is afraid of John Smith, I would be leery of my daughter dating John.

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According to what I've read, about 2/3rds of the backing was from venture capitalists.

Do you know what their tech angle was and why it appeared promising? A lot of this stuff is in the neophyte stage. A number of companies failed badly some years back in producing reliable lithium batteries. Oddly enough, some sort of process was eventually arrived at that worked.

__________________
Te futueo et caballum tuum

1986 300SDL, 362K
1984 300D, 138K

Implying that it was almost a good idea.

Their panels supposedly did as well when mounted flat as they would aimed, reducing complexity and cost somewhat. Chinese manufacture of silicon made the price sink and Solyndra's non-silicon tech suddenly wasn't as attractive.

I'm down on PV in general. Too high tech and the making of it is way toxic. Heat concentration is the ticket IMO. Skyline solar uses mirrors to concentrate sunlight on PV cells, thus getting much more bang for PV buck (and more bang per unit of PV toxicity).

__________________
Te futueo et caballum tuum

1986 300SDL, 362K
1984 300D, 138K

Fair enough. However, are you talking about giving them a $500 loan or a half a billion? If it is the former, sure. If it is the latter, just LOOKING promising is not enough. You need to exercise more due diligence ESPECIALLY WHEN there are warning signs coming forth before you write the check.

__________________
01 Ford Excursion Powerstroke
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03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

Yep, there's plenty of garbage on both sides of the aisle.

__________________
2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

Only because there is no incentive to do better. Explain the incentive when people like Honus will never support the GOP and will support the DEM party. They know they have his vote and he won't budge so what else is there? They cannot count on a vote from a GOP supporter no matter what they do so what is the point?

Will a GOP fan ever support a DEM party member? Not likely. Why bother. Will a DEM fan ever support a GOP member? Not likely. Why bother. As long as you two morons keep fighting, whatever flag I fly (as long as it suits me and I will change when the wind changes direction), I am not motivated to improve. I just have to keep my DEM or GOP base happy and angry at the other side.

__________________
01 Ford Excursion Powerstroke
99 E300 Turbodiesel
91 Vette with 383 motor
05 Polaris Sportsman 800 EFI
06 Polaris Sportsman 500 EFI
03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

That would do it.

Unbelievable.

WASHINGTON — The Obama administration restructured a half-billion dollar federal loan to a troubled solar energy company in such a way that private investors — including a fundraiser for President Barack Obama — moved ahead of taxpayers for repayment in case of a default, government records show.


FILE - In this Aug. 31, 2011, file photo, Solyndra workers leave Solyndra in Fremont, Calif. Newly released emails show that the Obama administration was worried about the financial health of a troubled solar energy company even as officials publicly declared the company in good shape. An email from a White House budget official to a co-worker discussed the likely effect of a default by Solyndra Inc. on President Barack Obama’s re-election campaign.

Administration officials defended the loan restructuring, saying that without an infusion of cash earlier this year, solar panel maker Solyndra Inc. would likely have faced immediate bankruptcy, putting more than 1,000 people out of work.

Even with the federal help, Solyndra filed for Chapter 11 bankruptcy protection earlier this month and laid off its 1,100 employees.

http://www.ajc.com/news/nation-world/obama-admin-reworked-solyndra-1182334.html

Obviously they would be. As would any sitting President would be. That is not news. When a deal goes south, isn't anyone involved in it also worried about how it affects their future? Had this happened in Obama's 2nd term, I doubt he would care as much. If I were retiring from say IBM and I didn't have any investments in it, would I care if the deal I negotiated went south? OTOH, if I am still dependent on the job, you bet I would care. So why should we be surprised that he is worried about his job status?

__________________
01 Ford Excursion Powerstroke
99 E300 Turbodiesel
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05 Polaris Sportsman 800 EFI
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03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

Ever heard of the "big picture"? Do you think that the overall point of the article was expressing surprise that the people in the administration where conscious of political ramifications? If one takes that particular circumstance out of its context it's easy to get distracted into wallowing in some irrelevancy.

Seems that the point was that in addition to the particular email there was a fairly wide spread awareness of Solyndra's unsoundness that pervaded the administration functionaries and despite that awareness the charade of soundness was perpetuated at least right up until the filing of bankruptcy. This stark reality is in direct contrast to the impression that the administration had/has been putting forth that Solyndra was just a great idea lacking only the capital to realize it. Administration players would not have been postulating the political ramifications of Solyndra's failure if the company and its thesis of business success had merit beyond the wishful thinking, pie in the sky "green economy" agenda boondoggle of the Dear Leader and his constituency.