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Motown_Johnny

(22,308 posts)

22. You do know Solyndra was a Bush deal... right?

Thu May 24, 2012, 07:03 PM

May 2012

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

^snip^

Exclusive Timeline: Bush Administration Advanced Solyndra Loan Guarantee for Two Years, Media Blow the Story

By Stephen Lacey and Climate Guest Blogger on Sep 13, 2011 at 11:10 am
by Stephen Lacey and Richard Caperton

It’s often claimed that the Solyndra loan guarantee was “rushed through” by the Obama Administration for political reasons. In fact, the Solyndra loan guarantee was a multi-year process that the Bush Administration launched in 2007.

You’d never know from the media coverage that:

The Bush team tried to conditionally approve the Solyndra loan just before President Obama took office.

The company’s backers included private investors who had diverse political interests.

The loan comprises just 1.3% of DOE’s overall loan portfolio. To date, Solyndra is the only loan that’s known to be troubled.

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What if solar got the same subsidies as fossil fuels? Well... [View all] stevedeshazer May 2012 OP

The next time some Republican nut starts blabbering about Solyndra, toss this grenade back. stevedeshazer May 2012 #1

You do know Solyndra was a Bush deal... right? Motown_Johnny May 2012 #22

I did not know that! stevedeshazer May 2012 #25

KnR alittlelark May 2012 #2

Saw a headline earlier that said Goldman was going to invest $40B in "Clean Energies." nt Lucky Luciano May 2012 #3

Oh my side, in what clean coal and nuclear? Dont call me Shirley May 2012 #15

It's easy to understand... it's not done due to profits fascisthunter May 2012 #4

If they could charge for every photon of light coming from the Sun, they'd be all for it. freshwest May 2012 #9

Just imagine if we gave solar the nuclear subsidies too! qb May 2012 #5

Solar currently gets more subsidies than nuclear. A lot more. nt TheWraith May 2012 #7

If true RobertEarl May 2012 #11

Not really. TheWraith May 2012 #20

Tsunami are not impossible and earthquakes are fairly common Motown_Johnny May 2012 #23

The American TaxPayer WILL get stuck for the costs of... bvar22 May 2012 #18

No. Each plant has a reserve fund fully covering its decommissioning, by federal law. TheWraith May 2012 #19

I KNOW what the LAW says, bvar22 May 2012 #21

K&R Rosa Luxemburg May 2012 #6

This is a LITTLE misleading... TheWraith May 2012 #8

I'm also not entirely comfortable with fudging the facts, cheapdate May 2012 #10

Where da fudge? stevedeshazer May 2012 #13

I'm quite comfortable taking this line, given what we are up against. stevedeshazer May 2012 #12

That it doesn't point at other sources is irrelvant, it's not like the oil subsidies uponit7771 May 2012 #17

Please, Mr President, please! Dont call me Shirley May 2012 #14

Hmmmmmm lsewpershad May 2012 #16

How much are the subsidies worth on a unit basis? badtoworse May 2012 #24