Conservatives do not hate America. They do cheer for America to fail while Obama is President. Conservatives are not petty. Conservatives are not childish and venal. Conservatives do not wish other Americans to have hardships. Conservatives only want what is best for America. Yea, right. Solyndra, Solar-Panel Company Visited by Obama in 2010, Suspends Operation
The company will likely file for bankruptcy in Delaware next Wednesday, Spokesman David Miller said in an e-mail, while it evaluates options including selling itself or licensing its technology. About 1,100 full-time and temporary employees have been dismissed, effective immediately.
These (cough, cough) fine patriotic conservative bloggers are thrilled that Solyndra has filed for Chapter 11 and 1,100 Americans are now out of work. National Review, Pajamas Media, NewsBusters.org blogs, The Heritage Foundation, Wizbang, Patterico’s Pontifications, The Gateway Pundit, Weasel Zippers, Campaign 2012, Michelle Malkin, American Power, Hot Air, and the ironically named americanthinker. These conservatives are wetting their pants in joy at the prospect that another slice of the world-wide solar technology market will belong to the Chinese. Because when it comes down to Obama and Democrats getting credit for something, or the Chinese once again eating our lunch, they have always chosen the Chinese. One possible reason for that is the debt conservatives owe China for buying the debt Bush/Cheney used to finance their escapades in Iraq. One of the reasons conservatives give for being so thrilled over the demise of an American company and 1,100 Americans out on the street looking for work is that the government should not have provided loan guarantees for Solyndra solar panel factory on top of the private start-up capital they received from Argonaut Private Equity, GKFF Investment, CMEA Ventures, Redpoint Ventures, Rockport Capital Partners LLC, US Venture Partners, Virgin Green Fund, and Artis Capital Management LP. There is some irony in this whole solar start-up business. Conservatives claim that only private capital should be involved. Only privately funded businesses can be a success. The lesson to be learned is that once again the gov’mint can’t do nut’tin right. One of the reason Chinese dominates the international solar energy business is because their government will not let private business fail. In partnership with private enterprise the Chinese plan is to be the number one player in alternative energy and guess what. They are well on their way. A Competition Worth Winning
Since 2009, the Department of Energy’s Loan Program has supported a robust, diverse portfolio of more than 40 projects that are investing in pioneering companies as we work to regain American leadership in the global race for clean energy jobs. These projects include the world’s largest wind farm, several of the world’s largest solar generation facilities, one of the country’s first commercial-scale cellulosic ethanol plants, and the first new nuclear power plant in the U.S. in the last three decades. Collectively, the projects plan to employ more than 60,000 Americans, create tens of thousands of indirect jobs, provide clean electricity to power three million homes, and save more than 300 million gallons of gasoline a year.
Our loan program catalyzes American innovation and private sector investment behind promising companies — so that American workers have a chance to compete against China and other countries that much more heavily subsidize clean energy companies. While each transaction undergoes months of extensive and careful expert review to minimize risk, there will always be an element of risk with investments in the most innovative companies. The alternative is simply walking off the field and letting the rest of the world pass us by.
Solar panel manufacturing is a growing international market, with increasingly intense competition from Chinese manufacturers who are supported in many cases by interest free government financing that is much more generous than what the U.S. provides. The price for solar cells has fallen 42 percent since the beginning of the year — even as European countries, currently the largest market for solar panels, are facing economic turmoil and have greatly reduced subsidies for solar power. The changing economics have affected a number of solar manufacturers in recent months, including unfortunately, Solyndra, a once very promising company that has increased its sales revenue by 2000 percent in three years and sold more than 1000 installations in 20 countries. As a result, Solyndra now plans to suspend its manufacturing operations and file for bankruptcy protection.
This loan guarantee was pursued by both the Bush and Obama Administrations. Private sector investors – who put more than $1 billion of their own money on the line – also saw great potential in the company.
We have always recognized that not every one of the innovative companies supported by our loans and loan guarantees would succeed, but we can’t stop investing in game-changing technologies that are key to America’s leadership in the global economy. These projects, which include more than 40 other companies, are on pace to create more than 60,000 jobs.
This would make for the next highly rated talent show, Who’s America’s Best Serial Liar and Best at Feigning Outrage – Exclusive: Condoleezza Rice fires back at Cheney memoir
Former Secretary of State Condoleezza Rice said on Wednesday she resented what she viewed as an attack on her integrity by former Vice President Dick Cheney in his just-published memoir.
Speaking in an interview with Reuters, Rice rejected Cheney’s contention that she misled President George W. Bush about nuclear diplomacy with North Korea.
“I kept the president fully and completely informed about every in and out of the negotiations with the North Koreans,” Rice said in her first public comments on the matter. “You can talk about policy differences without suggesting that your colleague somehow misled the president. You know, I don’t appreciate the attack on my integrity that that implies.”
Rice, in a telephone interview, also disputed a passage in Cheney’s memoir, “In My Time,” in which he says the secretary of state “tearfully admitted” that the Bush administration should not have apologized for a claim in Bush’s 2003 State of the Union address on Iraq’s supposed search for uranium for nuclear arms.
Cheney, who opposed a public apology for the unfounded claim, wrote that Rice “came into my office, sat down in the chair next to my desk, and tearfully admitted I had been right.”
“It certainly doesn’t sound like me, now, does it?” Rice said in the interview. “I would never — I don’t remember coming to the vice president tearfully about anything in the entire eight years that I knew him.”
“I did say to him that he had been right about the press reaction” to the administration’s acknowledgment that the remarks about Iraq seeking uranium in Africa should not have been in Bush’s speech, Rice said.
That Cheney has this running fantasy where a woman comes crying to him admitting she was wrong is no surprise. His arrogance and manic need to be seen as all-knowing is legendary. As VP he thought he was the Fourth Branch of government. He had powers he alone invested in himself to justify exceeding the powers of his office and any powers that Bush assigned him ( To see the influence of Cheney on government powers just look to Wisconsin Gov. Scott Walker or Florida Gov. Rick Scott.) Now serial liar Cheney is fighting with serial liar Rice over who did or said what. Can either of them tell fact from fantasy. Its like some dark graphic novel in which the only choices for who to root for are between evil and less evil. Rice lied about making terrorism a national security priority before 9-11, she lied about reading a report that warned of planes being used as weapons, she lied about Saddam Hussein being involved in the 9-11 attacks as did Cheney. Cheney went so far as to claim Iraq had nuclear weapons and thus posed an urgent threat. Rice and Cheney both have reputations as being especially smart. There is reason to believe that Rice is bright enough, but like many bright conservatives her intellectual gifts get so tangled up with her ideological devotion that eventually she became incapable of being intellectually honest. In Cheney”s case, while clever enough, his reputation as an intellectual is greatly over stated. John Nichols, who is a correspondent for The Nation, wrote in “Cheney, Dick: The Man Who Is President (New Press)” – “Cheney did not rise on the basis of his competence, as the official spin would have it. His career has been characterized by dashed hopes, damaging missteps, and dubious achievements. No, it was not competence; rather, Cheney has climbed the ladder of success because of his willingness, proven again and again, to sacrifice principle and the public good in the service of his own ambition and of those who might advance it.” How does Cheney get away with falsehoods piled on top of more falsehoods. Unlike like Democrats who have little reservation about being highly critical of their own, the conservative base catapults every Cheney lie, exaggeration, and half-truth to status of the new reality. Just think of the more infamous Dick Cheney screw-ups: conflating Iraq with al Qaeda and 9-11, outing a CIA NOC agent for political revenge against her husband, falsifying the justifications for invading Iraq, suspending habeas corpus when it came to retaining terror suspects and gagging EPA scientists so they would not say anything about climate change. Those things were vicious and maybe clever, but not smart and a long way from patriotic.