Do people who use Solyndra as a knock against Obama have no clue about what's happening in the modern world?

Question

Solyndra failed because the USA couldn't compete with China who used many more billions of sovereign capital just like we did and smoked our butt.

Anyone who uses Solyndra as a fault of Obama is un-American and doesn't understand the global economic playing field in which we must compete.

Anyone who criticizes Obama for Solyndra does not support American industry and doesn't understand the global nature of modern business.

Answer 1

Once again Short-Sighted vision looks at an EFFECT and not the Cause.



You say the Cause is that we can't Compete with China....it's not.



The Cause is a Misguided Ideal that a person with NO skill, no training, that sits on a production line and pushes a button every time Part B passes by Part A DESERVES, and is Entitled to $40/hour, with $20,000 worth of Benefits a year.



It's that sort of Artificial Pressure on our workforce that has CAUSED the Cost of Producing even the Simplest of Products beyond the Affordability of even the People that produce them.



You can't have it both ways....we can't have Exorbitant Wages for simple function-jobs AND have cheap goods.



It's simple.



And Solyndra and the OTHER 15 FAILED Companies that were touted by Mr. Obama had nothing to do with the Chinese....they were pay offs for campaign contributions and support for his election...here's the cash, get it and get out.



There are 3 Different Solar Panel Companies in the USA that are making a Fortune...and not a Single one of the 3 took a PENNY of Stimulus...



How can you say that it is Impossible to Succeed without Government Subsidies, when the 15 that GOT Subsidies Failed an the 3 that DID NOT get them are Successful



It's all Politics...people want the World to emulate their IDEALS, rather than forming Ideals that fit the World.



Thanks for asking, and anyone that Supports the Immoral, Illegal, Corrupt practices by our Government and the Stimulus Recipients (oh, Goldman Sachs received more in Stimulus Money than any other single ENTITY, and they gave more to the Obama 2008 Campaign that to any other candidate if you wonder why the received so much) those are the Un-American folks. NOT the 3 companies that are Making Panels AND a profit and creating jobs and helping our environment.

Answer 2

Your own statement about why Solyndra failed demonstrates why the Solyndra loan should never have been made. If they could not compete with China on price, why proceed. The business was doomed to failure due to second grade math. Da. By the way, the largest solar manufactures are in Japan and Germany, Sharp Solar and Q-cells. The entire industry depended upon huge subsidies provided to buyers by European governments. Any idiot could see the subsidies were coming to an end. The loan was pushed through at the same time justice department officials were expressing concern about the legality of subordinating the government loan to other loans. So, the Obama administration proceeded when this company could not compete on price, the industry was in decline, they had adverse legal opinions and now the company executives refuse to answer any questions from congress. But, don't blame Obama. Wake up.

Answer 3

Solyndra failed because they had a bad business model and couldn't compete. If no other industry gets that kind of protection, why should solar power? If they can't succeed in the market, why should we dump money on them to help them out? Trying to beat China at manufacturing has been a losing game for awhile anyways; if China is offering a product that is quality and using current technology, you can't beat their prices and production capabilities because their cost of labor is so low. Companies that beat China beat them either by offering a higher quality product or by staying out of markets China dominates



If we're going to invest in American companies, let's at least invest in something that America does extremely well at, like petroleum or military technology. We drive the world in military hardware, and large parts of aeronautics and petroleum industries. We could even try to revive industries America has been historically good at, like ship building or steel. Just investing in a company like Solyndra with no strong evidence of future success is reckless investing. If Democrats want to invest in alternative energy, let them do it with their own money, not US taxpayer money.

Answer 4

The DIFFERENCE is that, in America, PRIVATE investors are supposed to handle such prospects. See, when the government does it, there is no competition or common sense involved because the government doesn't care if it loses billions of taxpayer dollars - they'll just tax us more to make up for their mistakes and bad choices.



When the private sector does it, people risk THEIR OWN money which they have worked hard to obtain. Most people are a little smarter and more cautious when they have actually worked to get the money because they understand the value of that dollar and how much hard work it will take to replace it if you waste it.



Maybe you want the government to control everything, but I have paid attention to how they do things, and I don't trust them to do anything right. They have a conflict of interest. They are more worried about getting reelected than doing a good job. As long as they make it LOOK good, they'll do it - even if it destroys our economy.



Anyone who does not understand that has zero economic sense and should not be allowed to vote.



.

Answer 5

Green energy typically fails because we lack the technology, not because we haven't invested enough. How many kingdoms in Europe went bankrupt in search of the fountain of youth or the Philosopher's Stone? You know Da Vinci invented airplanes during his lifetime.



So why weren't we flying to the New World?



Because no adequate technology existed. We can bankrupt ourselves in search of our own Philosopher's Stone, but that's not going to make it happen any faster. It isn't feasible right now and won't be for a long time. Doesn't mean we shouldn't explore it or that it's "bad." It just means no amount of money or pressure will buy innovation or ideas.



We aren't China. Who cares what they do? We have enough troubles of our own.

Answer 6

Apparently, Obama and his green cronies don't understand, since they decided to keep pouring billions of taxpayer dollars into these failure-bound ventures.



I'd say the people who did not want to fund these Greedy green friends of Obama understood that if it cannot get private financing, there's a pretty good reason for it.



But you are right that Obama and the green lunatics just don't understand modern business.

Answer 7

I don't know about you but giving millions to a company that was doomed to fail for the very reasons you listed or could not predict their failure for those reasons is pretty damn stupid.



I have to wonder though if solyndra had been in a right to work state if they might have been competitive and been able to survive or maybe even prosper with nearly a half billion in government money.

Answer 8

Solyndra could not compete because it was poorly managed and selected the wrong technology. I really don't see how this is an argument for wasting taxpayer dollars to try to prop it up. Au contraire. If Solyndra had been a promising enterprise, it would have attracted capital in the free market. Obama gave the company money for ideological reasons and to get campaign contribution kickbacks.

Answer 9

Thank you for just proving to the rest of the world just how uninformed you are today.



http://www.zerohedge.com/contributed/solyndra-solar-failed-poor-cost-structure-not-china



ROMNEY 2012!!! LET'S DO THIS AMERICA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Read the url before EMOTIONALLY reacting if you're even intelligent enough to make such a bold move.

Answer 10

So anyone who ties Solyndra's failure to Obama's failed policies is ignorant and anti-American? Try offering an actual argument instead of acting like another braindead Obamazombie.

Answer 11

right the chinese government subsidizes solar panel production, we don't want that here. It's a fool's errand.



Guess how much of the world is powered by alternative energy... 0%



Listen, the government has no right to invest our hard earned money on politicized boondoggles

Answer 12

what is not cool china sells solar panels at a lost to under cut our markets?

Answer 13

So basically you're saying that you're too stupid to realize how manipulating loans for major campaign contributors is wrong?

Answer 14

so clearly corrupt deals with failing companies is ok as long as I understand why they failed?



...it it any wonder why the symbol of the Obama Adiminstration has become "the Drone"...?..and I don't mean the high tech kind....

Answer 15

There are a lot of attention starved children here

Answer 16

Yeah, pretty much.



They're mindless parrots, being fed by Oil Barons, etc.

Throwing the baby out with the bathwater, scrapping all Green Energy

because of a few failed companies. Typical.

Answer 17

Nail on the head. One of the most important challenges of this century is to develop efficient means of energy production that doesn't depend on a finite resource, and which doesn't accelerate climate change. The nation that accomplishes that first will have a big economic advantage.

Answer 18

Why do my tax money go to a failed company??????



Even you know the company is going to fail but not the Harvard professor of Obama????????

Answer 19

so why continue to support Green Energy with taxpayer dollars if we do it so badly? Sorry I had to expose your liberal lie.spin but it is my job

Answer 20

if you are so smart why aren't the president

Answer 21

Rush told them to say that... they don't really care about the modern world...



sorry, no time to live in reality, busy working and listening to rush...

Answer 22

Yes.

Answer 23

and 0bama is still a failure