October 3rd, 2011
03:53 PM ET
Obama: No regrets over Solyndra President Obama Monday said he does not regret a half-billion dollar government loan to the now-bankrupt solar energy company Solyndra and vigorously defended his administration’s policy of providing assistance to similar entities. “No I don’t,” the president said when asked directly if he regretted the $535 million federal loan guarantee in 2009. “Because if you look at the overall portfolio of loan guarantees that had been provided, overall it’s doing well. And what we always understood is that not every single business is going to succeed in clean energy.” The comments came in an interview with ABC and Yahoo News. Obama specifically touted Solyndra in a visit to its California headquarters in 2010 but the company closed shop just over a year later, putting more than 1,000 people out of work and leaving the government unlikely to get back all the money it loaned. Obama brushed aside those contentions in the interview Monday, saying that "hindsight is always 20-20." "It went through the regular review process and people felt like this was a good bet," he added. But Solyndra's bankruptcy has renewed criticisms from Republicans that it is unwise to risk taxpayer dollars in start-up companies with outlooks that are far from guaranteed. The Solyndra loan, ultimately approved by the Department of Energy in 2009, was part of a $40 billion stimulus-funded effort to support renewable and clean energy technology. “If we want to compete with China, which is pouring hundreds of billions of dollars in this space, if we want to compete with other countries that are heavily subsidizing industries of the future, we have got to make sure that our guys, here in the United States of America, at least have a shot,” Obama said Monday. Meanwhile, top Solyndra executives refused to testify before the House Energy and Commerce Committee last month, leading the Justice Department to seek additional oversight in the bankruptcy proceedings. |
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He took his cut. Why should he regret it? Its the rest of us who are going to regret it.
Don't forget Obama also approved loans totaling over a billion to Tesla Motors and Fisker Automotive. They make super cars that are electric. Great idea except at a cost of about $100,000 only the super rich can buy them. Oh yeah, Al Gore placed an order for one. No money for cheap electric cars but a billion for expensive ones.
I want an AIr Car, but our goverment will not allow them, imagine running just on compressed air and the car only costing $15,000.00. They exist, all we need is the Government to aprove import!
the left always knows whats best for you and the free market..dont ever forget that when you vote.lol
dang he was even warned about the prob. failing of solendra, notice how we arnt hearing much about it on the news LISTEN PEOPLE AND TRY TO FOLLOW ME HERE EVERBODY WONT TO GRIPE OBOUT OBAMA IS SUCH A JOKE THEN GO VOTE GO VOTE IF YOU DONT VOTE THEN YOU CANT GRIPE i hope herman cain wins so all the race crap will stop jim monroe la,
And Emperor Obama will have no regrets when Isreal takes on Iran alone because of unending failed diplomacy, or when his idiotic economic polices push us into a second financial crisis, or of his strategic decision to delay jobs from the pipeline in order to delay further and please environmentalist who hypocritically like to use petroleum products too. Thats's exactly why I have no regrets to watch He and his lunatic Administration go down in the next election, and in history, as a time when we had no president, only an incompetent intern.
Your sooo correct. Obama does not regret losing this money as it was not his money anyway. This guy has destroyed America by supporting all that will bring America down.
"People felt like this was a good bet." Really? What people? Van Jones? Joe Biden? He's delussional.
You are delussional.
What planet are you form?
Too much balsamic in your "organic" unsalted, peanut-free kale salad again, eh, Km? He's right.
you are smoking bad grass. for you the election day in 2012 is the third tuesday in december. dummy .
In yet another stunning display of arrogance, Obama now acknowledges that the Solar Scandal was a bad deal – AND – that he had ample warning the company was on shaky financial ground – AND – to disapprove the $500 million government giveaway.
Astonishingly enough, on ABC-TV he said that he did not regret the decision and that "some of the stimulus given to companies were bound to "go bad."
Part of the legacy of his failed presidency will be "The Buck Stops Somewhere Else."
Don Quixote assured me personally Solyndra was a good solid bet.
I guess he doesn't care how much of OUR money he wastes. This is exactly why I hate paying taxes.
Yes. He doesn't regret it because the pockets he intended to pad got padded. His "plan" succeeded!
This poor excuse for a president is despicable. Save America ... dump obama.
A large portion of angel loans fail also. Should we stop all funding for startup companies?
The Republicans are supposedly pro-business. They KNOW how many small companies fail. Republicans, as the "pro-business" group, also should know that no loan is 100% guaranteed to be repaid.
My friends, this is politics and nothing more.
@ztank A large portion of Angel Loans are made by private investors risking their own money rather than the federal governement putting up taxpayer money with no incentive to protect it because there will always be more.
1000+ employees and a 535 million dollar loan? that is not a small start up company. How many small start up companies do you know that even have 1 million to start up? You are the one trying to turn it in to polictics when it is cleary stupidity.
Oh and my guess is you hate Bush that is why you keep bringing him up after all this time, Why not blame Clinton for destroying US jobs by approving free trade with communist countires that abuse their workers.
75 percent of the loans and grants doled out by the Obama Admin have gone to Obama-connected companies.
Solyndra and all the rest are big dollar donors or his campaigns, it's money laundering from tax payers to his reelection fund, and it's all documented. Think Obama is going to investigate himself?
Anyone who equates fraud committed with tax dollars to bogus front organizations with being Pro Business needs to lay off the kool-aide.
ztank, do I understand you correctly, that it is acceptable for our government to back this loan because many angel invested startups fail as well? I disagree. While one in ten startups do in fact fail, however it's private investors who risk their own money, or OPM that was given to them specifically for the purpose of investing. The government made a "BET" in Obama's own words, to invest taxpayer money in a company that I never would have personally invested in based on known risk, and he lost that "BET". That "BET" was made with pure political motive behind it, not sound investment principles. This administration made a "BET" on an unwise investment and used out tax dollars to do it, all for political gain, and lost the "BET", and deserves whatever lumps he takes as a result of it. If Solyndra was such a great investment, then why didn't the investors meet the needs of the company? Because it was a turkey, that's why, and our president could care less that he blew millions of taxpayer dollars on it.
The part that everyone leaves out is the part that most people (who are mad) are mad about. The deal, originally, had the taxpayers ahead of everyone, so in the case of failure, the taxpayers were protected from loss by the assets. Then, when failure became probable one of the investors agreed to put in a little more to move himself AHEAD of the taxpayers. That investor just happened to be a major Obama backer, with TWELVE White House visits. Smells pretty bad to me.
Failure = Obama
Obama = Failure
Not his money,so why would he care? He won't name who supported it, because he would have to fire them. Just a small step toward his grand gaol of bankrupting America.
And the left is calling our candidates clowns?!?!?
Obama is throwing billions of dollars at really really bad investments (that strangely all of them have donated to him) and even knowing these companys were to fail and he still doles out the money.
Every last one of those GOP candidates would be a step up on this idiot.... good grief.
Typo: “No I don’t,” the president said when asked directly if he regretted the $535 billion federal loan guarantee in 2009.
I doubt the government loaned them over half a trillion dollars.
... “Because if you look at the overall portfolio of loan guarantees that had been provided, overall it’s doing well. And what we always understood is that not every single business (family) is going to succeed in clean energy (homeownership).”
Same story, different book cover.
This whole program is a failure......all the money they've spent has done nada to create jobs in this country. And out of work Americans can't afford 40-100k automobiles, nor tens of thousands of dollars to convert their homes.....
This was from a 2009 article..."It’s an investment that will double the amount of renewable energy produced over the next three years,” said Mr. Obama, who also promised that the bill would help “transform the way we use energy.” – I assume that this means double the amount of energy used in the US by products from these COMPANIES, not China or another import product.I would like to know if this came true. I'd also like to see how the rest of the $40 billion portfolio is doing. I agree with Obama that we need to give our folks a chance, but at the same time that doesn't mean you don't qualify the company more thoroughly and make sure it isn't a scam or destined for failure.
Excellent point C-Lo – The media likes to tout that Wallstreet and those terrible banks are bad. But it was our good ole Federal Government and Fannie and Freddie that securitized those sub-prime loans and put them on the market in the first place.
Don't say that out loud or you will be labeled a right wing racist.
true dat!
Of course he has no regreats. It's just another bill for the American taxpayer, not him. I always thought his advisers must be questionable. Now that I know they said no, it falls on Obama.
here is what is really funny, the article states "Meanwhile, e-mails revealed by a House Energy and Commerce Committee investigation indicate at least some members of the administration expressed trepidation over the firm’s financial health before the loan was approved."
Obama brushed aside those contentions in the interview Monday, saying that "hindsight is always 20-20."
What doesn't the President understand about the comment "BEFORE" the loan was approved. Does he not know the definition of hindsight? Hindsight= Perception of the significance and nature of events after they have occurred.
I expressed concern about my company investing in a technology company in Europe. When that company failed then I could point to my expressed concern and say "See, I warned you it was a bad deal". In response the company could say "hindsight is 20/20" and be totally right for saying that.
Let me explain further. If ten people say "its a good deal" and I say "its a bad deal" and the company moves forward on the investment and the investment fails then pointing to my comment IS hindsight David.
What he's saying is that you can tell they were right in hindsight. But at the time, it didn't look that way.
And of course ABC and Yahoo would not question his disingenuous response. No, just record the propaganda and print it and put it on the web. CNN is doing their part as well. Thanks for nothing!
The FACTS are that Bush made this loan agreement before President Obama took office. President Obama is for alternative energy and not staying on oil like the current bought and paid for Koch Republicans. Not every new business succeeds but we are learning a lot about this technology as we keep trying. What if the Wright brothers gave up after their first plane crashed? What if Salk gave up when his first attempt to cure polio failed? What if Steve Jobs gave up when his first computer did not work as he wanted it too? Research and innovation takes time – failures to learn and the belief in what could be to finally make it a success. President Obama bets on success and he believes in America.
Beverly you are a liar. The Bush admin REJECTED the request for loan. The saw it was not a good investement and told Solydra NO. That iis a fact. You are repeating the lies of the MSM. It was investigated. GWB told Solydra NO. I am sick & tired of you idiot liberals blaming Bush. Obama's own Geitner and Larry Summers, the two top economic advisors to Obam als told Obama not to approve the load & that was a major risk. Obama was lobbyied heavly by the major investor of Solydra who visited the WH several times b/4 the loan was approved. This whole thing stinks. And worse, Solyndra came back for more and Obama not only gave them more but restructured the loan in the event of a bankruptcy the investors were 1st in line to collect!! & Taxpayers like u and me were in the back of the line. So take your lies elsewhere!
Actually you are incorrect about the Bush Administration. The loan was voted "NO" by the Bush's DOE before he left office. Those are the FACTS. However, that doesn't change the fact that your President was being told beforehand that this was not a good deal. He's responsible for his decision to gamble on this company and he's responsible to the American people for the loss.
The problem is not that President Obama believed in the perserverance and ingenuity of Americans. We all believe that. I have no problem with him betting on a longshot against other's advice. Those success stories are always celebrated. You just don't bet on longshots with other people's money.
Another Lib Bush basher = another liar....
All the examples you gave were at the inventor expense. I don't remember ever hearing about the government giving the Wright brothers tax money to keep making planes until they succeeded. Or Apple getting a grant to create the iPhone. How about you give Solendra your personal money and leave mine alone.
Look, the portfolio has like 40 investments and only 1 has fallen. Better then what the repubs would have done which is invest in nothing. Oh except walmart & exxon. Certianly no investments to help regular people like all of you.
I guess you forgot about fast and furious, that not only cost money but lives, but then again when its $550 million dollars of money that isn't yours its not big deal.. Typical liberal, as long as its other peoples money we can waste it.
when a company sells it's product for HALF the cost, it will fail, which is true for ALL solar panel companies. Our tax dollars are subsidizing these doomed copanies....WAKE up people!!
--------Victoria, when you are managing an equity portfolio where you share in the unlimited upside a portfolio of 40, one fallen is acceptable (it should be noted more than one have fallen). When you manage a debt portfolio of loans with a return limited to the interest rate less you cost of funds (in this case treasuries) one falling in 40 (when it is you largest loan) is completely unacceptable. This loan was >$500 million and created a meager number of temporary jobs.
So it's better that what the repubs would do, what a lame response. How about nobody should be using our tax money to invest when they don't know a thing about business. Does that have a common sense ring to it!
you are goofy...hahaha
No Jerry, she is correct. You are the goofy one.
No, Jerry is correct.
The problem is there was warning in 2009 that the company would run out of money in Sep 2011 and the government still blindly pushed for it. OBama should fire some of his stupid people
Starting with himself
I work at walmart you fukking kunt snob.
How are you making by on that $7.00 per hr.
You work for the Chinese government!
So?
These are the typical GOPTB we are dealing with. They have no facts or education to base their arguments so easy wayout is to resort to name calling, out right cursing, etc. Go ahead and keep on listening to your goddes: rush, hannity, savage,etc.
let me guess...you work as one of their pleasant greeters
And how exactly would have investing in Walmart improved America's future energy options?
Victoria's point is a valid one. They invested in a lot of clean energy companies, not all of them will succeed. But under the Republicans we would have invested in none of them because they're only interested in helping companies that are profitable today, like Walmart and Exxon. If they would prefer, maybe we shouldn't invest in private companies with tax dollars. I have no problem pumping billions of dollars into wind and solar research run by the government. But that would be awfully "socialist".
@Lobo....Wow you must be incredibly proud to work for Walmart given the rather foul language you use in your post....Does that say anything to anyone else?
Yes & now we understand why a loser like you works for Walmart!
Git an edumakation ands u wuntz hav to werk at walmarts
Glad to hear you never shop at Wal-mart or put gas in your car, Victoria.
tell me what investments by the goverment have helped you?
Governments do not exist to invest in business. Businesses exist to invest in business. It's not HIS money but MY money that just went down the c r a p p e r. I'm sure he's not concerned. And for the record, his advisers told him before, not after, the fact that Solyndra was not going to make. Hindsight my patootie.
Let's not even discuss the illegality of making sure that investors get their money back before the taxpayers.
Governments do not exist to invest in business. Businesses exist to invest in business. It's not HIS money but MY money that just went down the tubes. I'm sure he's not concerned. And for the record, his advisers told him before, not after, the fact that Solyndra was not going to make. Hindsight my patootie.
Let's not even discuss the illegality of making sure that investors get their money back before the taxpayers.
Perhaps you should dig a little further....the whole program is a total failure.
Wal-Mart & Exxon actually employ people, unlike Solyndra.
Just could've given me the $500 MILLION and I'd have turned a huge gov't ROI in a good weekend at Vegas
Solyndra executives invoked thier 5th ammendment rights when asked to testify beofre Congress. If Obama doesn't regret this fiasco then he is either a criminal or he is stupid. There is no third option.
Which means a whole lot of nothing. In case you haven't been paying attention, executives ALWAYS plead the 5th when being questioned by Congress.
@Scott,
Incredible sir! You disparage the president as being either criminal or stupid, just because a business failed.
Listen Dick Tracy; business fail everyday for one reason or another. Obama actually save our auto industry....did you consider that? I certainly hope corporate forensics is not your line of work. You are NO Expert that's for sure
I would have pleaded the 5th too. All the congressional comittee would have accomplished is letting green energy skeptics deliver re-election speeches.
Please..show us these good investments...Im still waiting....zzzzzzzzzzzzzzzzzzzzzzzzzzz
He was told prior to the loan the exact date the company would file for bankruptcy yet he gave them the money anyway.
Right – it is because they are so honest that they took the 5th in front of Congress. Geez, grow up and get over your prezzie crush.
No Realitybites is correct
Huuuummm. Lets think about this . . . who employs more Americans? Wal Mart and Exxon, or this company? Ouch. Maybe you should have though that through a little better before sticking both feel so deeply into your mouth . . ?
Take a look at the way the financials are reported on the other investments – and then see what major Obama contributors have a vested interest in those companies and the carry forward on the losses t hat help reduce their income tax liability
we – the taxpayers – are financing backdoor campaign contributions
Prez Obama is clueless and will sign anything pushed under his nose that he believes will help him get re-elected.
While he may not know all the details of the inner workings – but all you have to do is follow the stench of the illegal money trail all the way back to the White House and right into the Oval Office.
Oh you mean like Jeb and half of Texas got rich on No Child Left Behind?
Are we talking about Halliburton, KBR ? No? Its only a bad company if Obama supports it. You people are ridiculous. As if the rest of us can't see your obvious and blatant attempts to discredit this president for ANYTHING.
Do us all a favor and go away from here!
No Victoria is correct...if we don't hone down on going green and getting there first it is going to be Sputnik all over again. We are already eating other countries dust on this front.
But then we have a lot of stupid Fox Teapotty brainwashed people in this country who think being dumb is great.
At a time when America needed proven job making ventures (oil, natural gas), Obama invested huge amounts of money in what Americans know is unproven and unmarketable technology. It failed, miserably. It costs $55,000.00 to put solar panels capable of supplying 1/2 of the energy needs onto a 1800 sq.ft. house. They say you can recoup your investment after 20-30 years. Only problem? Maintenance and replacement costs on the panels, estimated at between $8,000.00-$15,000.00 every 10-15 years. Now, I know you liberals all went to college, so i'll let you do the math. And oh, yes, how about the Chevy Volt? The 'Obama-mobile!' Costs around $45,000.00, with a $7,500.00 rebate from the tax payers. That's still a $38,000.00 car that only seats 4 people. Now, what would Americans rather buy, a BMW, a Mercedes or a Chevy Volt? The answer has been predictably clear. They've sold less than 5,000 cars in 2 years. When will you democrats get a clue? The inability of liberals to have any measure of practical insight into anything related to business is beyond frustrating. I know you want a shiny happy world. But you still have to live, and work, in the real one. Get a clue, please.
Funny that you mention the volt because the waiting list for it has by far exceeded the production of it for years.
having failed is only part of the issue, the owner of the company was one of Obama's major campaign contributors, Obama may have broken the law, this is the real issue
While a businessman would be concerned about losing $535M, community organizers apparently are not.
It's easy to tell when obama tells a lie.....just watch his lips, if they move, it's a lie.
You mean like Perry N Ranch Lie....
No. he was talking about Obama saying he has no regrest about Soyndra after the CEO pleads the 5th before Congress.
If he's not lying about not regretting this fiasco then he's treasonous or he's stupid.
OH u r too funny. The old distraction, "look at that over there" defense. My kid does the same thing!! When he gets in trouble he points to someone else that is doing something also bad!! LOL!!!
I did not know Perry was the justification for Obama's corrupution. Thanks for pointing that out!!
"Mission ACCOMPLISHED !"
That's so original. Did you think that up yourself?
Right on, Mark!!
There have been so many lies, I don't believe a word he says.
Why don't the media ask GW Bush and the republicans who first started this program with Solyndra
That is normal liberal lie. Outgoing Bush administration, when Obama was elected, warned against providing loan to Solyndra. You, liberals, always counting on uneducated mass, who beleive anybody, as long as they say "We are for poor man".
wow that's not even what the thing is talking about. it says that obama gave a loan to solyndra
Bush started a eco friendly organization but did not give it a loan hmmmm whose more at fault here
yeah osama excuse me obama
When you stop talk about Bush. When you start to keep Obama responsible. After 2012 when he will go home to Chicago.
Yes, One usually visits their hometown in celebration of an election victory.
@mikle.
Is english a 2nd language for you? Not trying to insult you but when every post is insulting the president, its hard for intelligent people to understand your point.
Your a dumb @ss Bush said no to Solyndra.It was on cnn last week.At lest get the fact rigth. And none of them really give a sh1t Dem or Reb. If voting changed anything it be illegal.
PP22, your writing skills are so awful, I can't even understand what you are saying. Do you even go to school in middle america anymore, or do you just stay home and get a head start on getting fat?
Yep! and the damn Popular Votes (aka: US citzens) don't mean a damn thing anyways... the election is an inside job and us voters are nothing but show-and-tell pawns with an empty voice as to who gets elected. I nominate Alfred E.Newman to run in 2012 for all that should matter.
We've already had Alfred P. Newman 1.20. 2001 to 1.20.2009.
Bush was smart enough to say Solyndra was bad and shot them down. What does that make Obama?
Because Bush and the Republicans DENIED the loan. Obama resurrected the file and decided to approve it.
GBA –
Are your comments meant to exhonerate Barrack? If so, they are unpersuasive. You will have to come up with a more substantive rationale that the "Blame Bush" tactic right out of the Liberal echo chamber.
Yes, but the Bush administration chose not to fund due to the risks.
The Bush administration turned the Solyndra loan down flat before leaving office.
@Ancient Texan...you are right Bush turn down the Solyntra deal flat.....But....Why don't you tell the rest of us the deal that Bush and Cheney actually backed....
Say it with me GOP/Tea Mobsters – ENRON , ENRON , ENRON ENRON , ENRON , ENRON, ENRON , ENRON , ENRON, ENRON , ENRON , ENRON
Because it wasn't the Bush administration that APPROVED the loan. It's always blame the other guy with the Dems. I'd be embarased to say I have no regrets over this loan when the executives are pleading the 5th. Obama is a far out of touch with the real people as any Republican you care to bash.
You're not too good at this whole arguing from a point of fact thing are you? The Bush admin refused to act on this – they knew it was bad news, just as many in obama's own circle KNEW it was bad news. But lets not let a little thing like facts get in the way of the blind defense of obama.
The man lies constantly and all you folks have to say is 'but Bush...' – truly amazing what you consider truth, honesty and transparency.
The 'Blame Bush' record is broken. It's embarrassing for our country to have our president continually project EVERY failure of his administration onto something else. Don't any of you see how childlike it is to constantly blame others for his mistakes and missteps? I want a LEADER, not a blamethrower. Seriously, when is the last time this president has earnestly taken responsibility for any of his shortcomings? Open your eyes, my friends. Elect someone this time who isn't all fancy talk and good looks... this time, elect someone with a backbone.
Doesn't regret costing taxpayers 525 million even though now he knows it's a failure. Such a arrogant fool.
Who cares where it started they have a record of doing poorly and that is why it was on hold. His own advisors said no for he thought he knew what was best for us all. BS he took a poor economy and made it bankrupt just by this one of many mistakes. One 542 billion really on a company that was weak and the paper trail just does not end there it is just the beginning of the story. Do some research and you will see who all beneftied this transaction.
The portfolio he's referring to includes alternative energy, anything to do with support of union labor, fund raising bundlers. In other words, the stimulus was for those who support Democrats and liberalism.
Hey GBA – GW Bush and republicans also REJECTED the Solyndra loan because they knew there was no way the business plan would work. Obama just needed a quick photo opp, and it cost the taxpayers over half a billion dollars.
Actually the Bush administration never rejected the deal with Solyndra, what they did do is send back the application and ask for more details and appended a note to it saying if they came back with satisfactory answers to the additional information request then the deal should be approved. The Obama administration then got the answers back and they fit the standards the Bush administration had laid out and so it was approved. Now yes it is the Obama administrations fault, however it is their fault because they should have thrown out anything the Bush administration had a hand in.
@ Screw You
But what about Bush and Cheney backing Enron? Oh that's right; the money lost in the deal tripled these losses. So we need to blame Obama for that one as well?
Trace-didn't u voted for CHANGE? So if Obama is just doing waht Bush & Cheney did then where is the CHANGE? If Bush & Cheney r so bad in their policies why is Obama continuing them? see Gitmo, predator drone prog. TARP, bailouts, patriot act, rendition etc. WHERE IS THE CHANGE?
U r a typical liberal hypocrite. When Bush was doing this stuff I railed against it b/c I knew it was wrong. Obama campaigned for CHANGE from all of what Bush did and stupid ideological morons like yourself believe it. Now Obama shows his true colors in doing the same thing and u justify it as saying "well Bush did it" so no problem right.
WHERE IS THE CHANGE?
Doesn't anyone understand. The man thinks he is infallable. He will never apologize or admit error. It will be his downfall in 2012.
He only bows to arab king
i don't know about that,lot's of sheeple out there who consider themselves wise.
Please correct the article. It is NOT $535 BILLION. It should be $535 MILLION!!!!!
No regrets says Obama, well we the people have regrets, over a half million regrets. What a dumb remark for him to make, he should apologize to the American people but he just can not bring himself to say he made a mistake. It is always some one else's fault.
Well at least he's truthful. He really doesn't care.......how much.......of our money he wastes!
@Rick
You are too funny but a COMPLETE AND UTTER HYPOCRIT. My guess is that when Cheney said deficits don't matter, you and yours went radio silent...crickets right ? But loses of revenue during Obama's administration, he is to be continually reviled and criticized.
You are so transparent; all of us can see for miles right through you GOP/Tea-turd people...its impossible to take you and your group seriously.
News flash moron, The whole blame Bush is old. Bush has be gone for almost 3yrs now. Obama said he would be different. Obama is responsible and cares nothing for the taxpayer money he wastes. BUSH IS LONG GONE MORON!! Wake up and accept responsibility for yourself. Oh wait u r a liberal. U don't know what it means 2 b responsible!!! Just like Obama!!!
So the election of 2008 was not a loud enough repudiation of Bush? Didn't the country speak out then and elected Obama who has never ran anything in his life, never employed anyone, has no clue about the economy, no experience whatsoever! Was that no a big enough speaking out against Bush and Cheney by the American people including a lot of republicans.
U are a really big fool! Harping on Bush when he is long gone and blaming him for Obama's failed policies show just how idiotic u really r. The main investor of Solydra, who visited the WH several times b/4 the loan was approved is a donor and a huge bundler for the Obama campaign in 2008. But cue the crickets for the Media on the taxpayer money to not only Solydra but other companies such as Light Squared & Evergreen Solar.
News Flash BUSH IS LONG GONE!! WHERE IS YOUR CHANGE?
Of course our POTUS isn't chagrined; it wasn't his money! And, from BO's perspective, it was a worthwhile experiment in pursuing the innerlecsul libbrul dream of advancing a supply of 'green energy' far sooner than it's technically feasible – again, it wasn't his money but his view of economics says it doesn't matter how our money is 'spent', just that it gets spent. Now that the some 2/3s trillion of 'free money' is floating around the nation surely things will be looking up much sooner than with out it. (That IS lib-think and it will take us decades to dig out of the ditch the Dems have driven us into! And it explains why America should NEVER again allow such an experiment in dopey lib Hopey-Changey again!)
Of course he doesn't have any regrets about Solyndra. It's not HIS money that was wasted. It's us the taxpayers who have to repay that debt to the Chinese. I guess he also doesn't regret paying $737 million to Tonopah where Ron Pelosi of PCG, Nancy Pelosi's brother-in-law, is a major stakeholder. Needless to say, a good portion of that money will find its way into his campaign coffers. The fact is that our commander-in-thief has no concept of fiscal responsibility. He wants a rubber stamp Congress which will blindly approves all his uncontrolled spending binge. I'm just so looking forward to 2012 when we will kick him out of the White House with a landslide victory.
The Prez is right that investment should continue since no portfolio manager would expect every investment to be a blockbuster – there will be losers. But Solyndra never had a rational business case. With a -100% gross margin (cost $6/Watt, sell for about $3/Watt), scaling up production was bound to increase losses. They made a cool design that cost more than traditional solar panels and produced less electricity and lost money with every unit sold. It never made sense and never would unless silicon prices spiked. You'd have to conclude that there's a glut of quartz or something... (feign surprise).
In Obamas mind Solyndra was a success becuuse the crook who ran it gave Obama bundles of money for his re-election campaign.
Where in the U.S. Constitution is Obama (or Congress) given the authority to "bet" my hard-earned money?
Of course he has no regrets. It was not his money that was lost. It was taxpayer money. So what's another half a billion, or a billion; or a couple of billions as rewards for his backers.
This man and his cronies have no shame. America, PLEASE remember 2012.
We need to put a stop to the stupid waste of taxpayer dollars. In 2012, PLEASE don't let the smoke and mirrors fool you, AGAIN!!!
Where were you when GW was spending 1 trillion in Iraq?
I thought only NObama and his cronies had no shame. But his supporters are suffering from the same chronic illness. How can anyone defend this moron of a president.
Not only does NObama think he is unfallable, but some of his spiked Kool Aid drinkers agree with him. Do you know what would happen to a CEO if he/she lost over half a billion dollars in order to repay his/her backers for their support? However, in this case we are taking about wasted billions!!!
NObamamites, you are now allowed to come out of the woodwork.
1000 people were employed. They spent their wages on the local community, improving the local economy. Solyndra purchased a lot of equipment from their suppliers, who profited, paid wages, and supported their local economies. Just because Solyndra failed, that doesn't mean all of the money was wasted.
90% of new companies fail. It's always been that way in America. Does that mean we should stop trying to compete with the rest of the world? Of course not!
President Obama is correct. Our government must invest in new technology (under conditions of repayment) or the rest of the world will leave us behind. In fact, it already is.
Buck Up People or get blown away!
"Do you know what would happen to a CEO if he/she lost over half a billion dollars in order to repay his/her backers for their support? "
Yep. They would take their bonuses and move on to another company or float to safety with their golden parachute.
If you republicans want to wait until unemployment is 30% and we're buying all of our clean energy products from other countries until you get "in the game" then be my guest. I voted for Obama because he knows the key to building up this country again is becoming a manufacturing leader in the emerging clean energy market. Of course some companies will fail along the way–anyone still buying Commodore computers? But we need to give this sector every chance possible to get a jump start on other countries.
Would it hurt him to admit a mistake once in a while? Does he not regret the lack of oversight of the loan? From most accounts these guys assured the G they were fine a month before they went belly-up. Is Obama so arrogant as to not view that as a failure of oversight? The classic 20-20 hindsight dodge only goes so far. Seems like anyone paying even mild attention to this company should have known something was up long before the declared bankruptcy?
It shows not only is he a poor President , he's also a poor Business man. What can you expect from a man that never had a real job?.
No regrets because he doesn't care. The boy is a loser through and through. Wish him and his but ugly wife would resign and go back to Chicago and do there community organizing and leave America alone.
Amen.
I wish you would go live in a 3rd world country, like you want US to be.
There are a bunch of really ignorant haters posting here. Y'all are clueless. Which GOP clown you think will beat the POTUS in 2012? You're dreaming...
Really? Are you actually DEFENDING him? My tax money will never be recouped because he DOES'T CARE!! He won't force the issues. "Hind sight is 20-20." Yeah, well, you just blew millions on a company you supported, millions that belonged to hard working Americans who could have used that money for living. So why don't you go on to the WH, P, and give him all of your money for him to invest, and if it gets lost to bankruptcy, don't cry about it because this guy can't do anything wrong.
Anyone who opposes Obama's policies is a hater. So I guess anyone who opposes GOP policies is a hater?
Hater.
The ignorance is unneeded, the question is, why aren't you mad at Obama, when he knew this company was doing poorly, and he still gave them a loan, OUT OF OUR POCKET!
P –
You asked the wrong question.
There is mounting pressure – no in the open – of dissatisfaction, depression and FEAR by influential Democratic elected officials and also the high rollers who bankrolled Barrack's climb to power. They are fearful for their own hide and getting sucked into the vortex of a GOP landslide similar to when Carter lost 49 states to Reagan.
Meanwhile, President Clinton has been quietly going around the country and (emphasis added) openly undermining what Obama is doing, such as stating for the record that the latest stimuls will not work.
To return to my topic sentence, if the men and women behind the curtain of what really determines who runs and who is elected (e.g., Soros) see a trainwreck coming – they will put pressure on Barrack to not run. In addition to fearing for their own scalps, they are frightened by a GOP takeover of the Senate and therefore control two of the three branches of the Federal government.
Hillary is in the wings – and by contrast with Barrack – she is a moderate with a substantive resume of achievement that goes far beyond the Community Organizer In Chief.
No dreams...just nightmares about another 4 years of Obama. You can't actually believe he will be our President again? He is way too destructive and so far out of touch with the American People. Obama in 2012 is laughable.
I love how the Oblama supporters take shots at everyone and everything else but dont have a legitimate defense to his actions. "Why admit I made a mistake when I can instead say that you made one?"
We are so far away from the actual issues that need to be discussed. It is truly sad that one man can literally divide a nation like this. Who cares who wins – the damage is done. It will take a generation to heal. I guess I will go back to watching our for myself and helping through the charities I choose (assuming it all isnt taxed away).
Best of luck to all
"The boy"? "Ugly wife"? Thanks for the clarification of where all this criticism is coming from. Not surprised. Nobody said a word when KBR, Halliburton, Enron, et al. were being padded by Cheny and friends, but "the boy" screws one up and it's all over.
Yeah. We got it. Thanks.
no regrets??? How about the 535 billion dollars of our money that vanished? Does anyone in this inept administration have any idea where the money went or do they even care? Oh wait a minute..it must be GW Bush's fault!
Hello, it is $535 millions, not $535 billions! What a joke, CNN can't even get the number right.
No regrets,does that mean we don't learn from our past mistakes? This guy is a loser who can not admit he was wrong to waste 500 + billion dollars we can not afford to waste. 2012 can't get here quick enough.Congress block this guy until then !
No regrets here means that if you want to have success you must expect that some of your attempts will fail. You learn from those failures and press on. How hard is that to understand? The overall success rate here is quite good.
It's $500+ million, not billions. Not that that makes me feel much better. Crappy editing as usual, CNN!
@Bob
Hey fella, do you think that when Halliburton was charging the american tax payer millions to put gas in our tanks in Iraq, or KBR charged millions to build bad showers, electrocuting soldiers while taking a shower, and millions of dollars spent on over priced support...that the Bush or Cheney would have come out and admit ownership in those companies ?
Boy you GOP /Tea Types have the gall to accuse this president of improprieties – HA
It's half a billion (500 million), not "$535 billion". Come on CNN, hire some proofreaders.
Republicans don't want to LOAN billions in order to create new jobs and help us to become a leader in clean energy. But GIVING away billions in tax breaks to millionaires is apparently a-OK. These guys are clueless!
Yeah, no regrets because, some of the money went directly from the government, to Solyndra, to Obama's campaign. I would have no regrets either!
I mean come on, who is going to expect Obama to say "Yeah, I screwed up, that was a dumb investment!" I have never heard Obama say or even slightly imply that anything he has done has been wrong or even slight wrong – this guy thinks he is a gift to us all.
I am surprised that Obuma did not try to blame this on the Bush administration too ... has worked so far on everything else (except of course the successes where he takes full credit)
Compared to our last President, he is!
Carter is very thankful for Obama – why? Because when people begin to look back on history as to "the worst modern US President ever" – people will immediately think of Obama .. Carter will have looked successful in comparison.
Sorry dude, but I don't think anyone can surpass Bush.
cause your an F-ing idiot just like your Messiah
Man you are so right. Americans have some incredibly short memories.
Bush ranks about 35th among presidents which is bad but not the worst. Again, I have to say that Harding, Pierce, Buchanan, and Andrew Johnson beat him handily. Two of them allowed the nation to degenerate into civil war and had numerous scandals and one of them screwed up the entire South by denying them the funds they needed to rebuild. People need to stop using comparisons that have no grounding in reality.
History, if the US has any after this president, will tell the tale. May not be the correct or true tale, but tales there will be aplenty. What was it that Einstein said? Insanity: doing the same thing over and over again and expecting different results. Pour more money down a sink hole, it will eventually fill up..........with your money and mud.
Really??? Obama still has another year to prove it. Take away his teleprompter and make him really talk to the American people ans see how he does.
Apparently you're too young, or thoroughly uninformed to know any better. It's pretty much universally agreed upon that Carter was the worst president in modern history – until obama. Only a handful of liberals who excuse every lie, deceit and flailing attack by obama think Bush was worse – history proves otherwise!
Talk about a hyperbole! Obama will be the worst president ever? Worse than Harding, Pierce, Buchanan, and Andrew Johnson? You, sir, are either incredibly ignorant of history or you're so blinded by partisanship that you think anyone with a "D" in front of their name is instantly a bad president. Hell, Obama so far is doing a hell of a lot better than Hoover in handling the economic crisis and Hoover (despite presiding over the Great Depression) is widely considered by historians to rank between 30th and 35th among presidents.
Half a BILLION dollars is a lot of tax payer money!!!! I don't care if 39 other investments were good – when you invest that kind of money – you better be pretty darn sure it's a good bet. Stop bringing politics into this and see it for what it is – at best, a mistake, at worse govt. corruption. Obama's statement is arrogant and immature!
Of course Oblamo has no regrets–that Solyndra deal brought in millions to his re-election campaign whether they succeeded or not....
"No regrets"??!!! This just shows how hopelessly out of touch this man really is. The most feckless individual to sit in the Oval Office since Carter.
Obama is a smug pig!
well I hope he has no regrets about what they're going to find out from that FBI raid and they attempt to crucify him over it.
I regret paying my taxes that helped to fund this waste of money!
No regrets over losing $500M in taxpayer money? Wow. The president could have at least said his administration "would do a better job next time" vetting a company's business plan.
Of course he does not regret ... he was able to pay back some of his political debts through granting this money. It was never about jobs or green energy but redistribution of wealth and taxpayers dollars to all of the people he owes for getting him into the WH.
The dollars should be followed as to who "won" due to these funds, and then the truth will come out.
These guys are just a bunch of con artists, snake oil salesmen, etc. I want my $535M back now!
Amazing. A leader, any leader, gets criticized for doing nothing, gets criticized when he does something. Incredible how
some people know all the answers, when they only have 1/2 of 1% of all the facts.
Nothing gets done by sniping and complaining. Just deepens and widens mistrust. DO something positive and constructive.
Obama's administration, we all know this administration is worthless !
The President is sticking to his own rules: Rule #1 – I am never wrong. Rule #2 – If I'm ever wrong, refer to Rule #1.
Obama is smug in his response. No big deal. A half billion dollars. To make matters worse, liberals support the loss. You cannot expect to win them all, but at least stand up, say it was a bad deal, and show some respect to the taxpayers. Mr. Smug. He will spend all yo money.
Oh but the GOPsters were ready to spend $450 bil. on a second engine for the F-25 ... a program that EVEN the Pentagon said was a waste .... I am sure that you were howling against that waste of money at the time!
Yes I did not agree with many things the Bush administration did but it has been almost 3 years since he left office and the clown we have in the White House now is a complete buffoon. If he is not he hates all America stands for and cannot go soon enough.
OO.He would regret if it was his personal money, but tax people money-who cares. One more exemplar of his fail vision. The worse president ever.
This is awesome! If there were any jobs left, I would take another so I could pay more taxes (yea!) And then Obama would have more money to take from me, throw it away, then have the arrogance to defend it??? What do i know though I'm just the little people. I'm sure he knew what he was doing and it wasn't just a politics thing..... Great job president Obama!!!
More corruption from the dirtiest administration ever.
This reminds me of when Bush the senior went to a supermarket and did not know that groceries were scanned. Both situations show how out of touch both Bush and Obama are with the general public. Don't be suprised when Obama exits office after 1 term.
GBA....GOD BLESS AMERCIA is stupid.....
GBA....GOD BLESS AMERCIA is a nincompoop.
hindsight is always 20-20?. does he really think we're stupid? Bush knew why didn't Obama?
what an arrogant S.O.B.!
Are the liberals still riding the blame train??? I can't wait for Obama to get voted out. When that happens I am going to blame Obama and the democraps for EVERYTHING!!!! I am going to say things like, they passed a healthcare act we couldn't afford and didn't worry how to fund it now we are broke and the unemployment rate is terrible because of him. This guy has done nothing to make this conutry better. NOTHING. Ad don't give me that "he killed Osama"crap. The Navy SEALs killed Osama, not him. I bet he didn't even know about it until after it happened.
@Matt – Actually, he authorized the attack on Osama, but by all means keep making bets unsupported by fact. Also, your comment about the liberal blame train? There was no blame in this story. The only blaming I see is individuals blaming the President for everything – and I would be surprised if the majority of them are not conservatives.
@Everyone – The biggest problem this country has right now is the blind hate that has been stirred up over the last decade or so. There is no listening to the other side; if they disagree with you then they must hate America and are trying to destroy your dreams. Both parties are being stupid right now, and no president in history has been perfect. Bush did a lot of things that people disagree with, but he also did things that only the ignorant could claim were detrimental. Obama has done a lot of things people disagree with, but he has also done positive things.
When I see the responses on here I find myself regretting my choice to defend your freedoms. Freedom of expression was intended solely to guarantee the right to express a viewpoint; it was never intended to be used as an excuse to spew acrid vitriol, and those who are doing so are spitting on all those who have died in the name of your rights.
Does this seriously make you feel better about yourself? Do you feel no shame when you levy such hatred on another human being merely based off what you hear from talking heads or read in the news? If so then I pity you.
Right on man!
Questions Hows your retirement looking? what about the value of any properties you might own?hows the job any good raises your job safe? how about the stock market you think its looking good made any money on it lately? what about the unemployment rate that sound good to you? what about Wasserman Shultz she says the economy is great and we owe it to Obama , you and her from the same planet ya?
Well said Nathan
As commander in chief, he had to authorize the navy seals to kill Osama. Of course he knew they were there and he should get credit for making the right decision.
Which decision would that be? The decision to actually carry out the plan? Or the type of plan to use? After chasing UBL for ten years do you think any sitting president would not have authorized it? When it got down to brass tacks, he had no choice. Just what method to use. But, I will say, he did authorize it. Gotta give him that. No more, No less.
Of course he has no regrets... its not like it was HIS money!
Well better losing the money in trying to invest in American for jobs, than do what the last republican president did, and that is start a illegal war that kill so many young Americans and cost us trillions.
post agann when your senior, little boy !
He spent the money knowing that the company would go bankrupt and all those people would lose their jobs. He had a report that said the business plan was unsustainable.
Neither the war in Afghanistan nor that in Iraq was illegal.
You mean like Libya?
I would rather gamble 500M in an AMERICAN, clean energy corporation than to give more money, more tax breaks, and more special treatment to the super rich- like a Republican would have done. If we would invest more money in our own renewable energy companies, we could decrease our unemployment rate and increase our competitiveness against China.
Brian my man go to the IRS website and learn the truth You make yourself sound ignoranf like our president. 20% of the population is 80% of the tax base. 49% of the population contribute 0% to the tax base. the figures don't lie
You gamble when the odds are in your favor. Who gambles when they know they'll lose. He was told the month and year of when the company would go bankrupt.
Hey you idiot. It's our tax money you squandered. Time you got a real job.
Since when is it the government's role to invest in corporations? Oh, that's right, it's NOT the government's role to invest in corporations.
You want to invest in an energy technology, Mr. President? How about nuclear? How about natural gas? How about ANY proven source of reliable energy, instead of some gimmicky startup boondoggle.
"Oh that's right, it's NOT the governments job to invest in Corporations."
Um.
Obama has to be the worst president in history. at least carter, when he was president, was honest. van jones, erick holder and the other leftists, communist in obama's admin. show America that this president has no regard for the laws of our country.
I voted for him and I agree that he is the worst!
Any egotistical narcissistic habitual liar would not have any regrets on Solyndra because Bush was the reason Obama did it. The all perfect Obama cannot do any wrong in his fact free world. The problem with democrats is that they need political power to attain wealth because they believe in rewards with no risk.
NO REGRETS ???????? He just doesn't get it..... come on 2012 -- We won't have any REGRETS voting his dumb ass out
Obama has turned into a pathetic cartoon. Sorry I voted for him (although I really wanted Hillary).
Again another day of hopes for some SOB to takes out the O , This POS acts so nonchalant about blowing $535 Million dollars like nothing happened and with a smile , lets get him and Holder with Fast & Furious then hang both POS O`Bama is definitely the worst POS living .
Whatever your politics and whatever the President's politics, to hope that someone "takes out" the President is beyond any conceivable bounds of discourse. It deserves nothing but the most vigorous condemnation possible.
Oh od course not...it wasn't his money and it is just a dog and pony show anyway for the BS greenie's and their lies about the "green" energy that doesn't exist.
As for everyone jumping on the President over this one, it was merely the continuation of a loan guarantee process that had started in the previous administration but had not yet been able to be completed. And before everyone jumps on me, no, I am not blaming the previous administration. Judging from the market outlook at the time with regards to Solyndra, it was a very intelligent investment at the time. It simply got hung up when it came to the DOE credit review, and not even over matters related to credit. The previous administration was trying to push the application through, and the committee doing the review deemed that the application was not ready. It was not able to receive approval until after the election.
Conclusions? First of all, it was no one's fault – not Bush or Obama. Solyndra failed because of changes in the solar panel market. Secondly, you all need to do some serious research before you jump in with your rash and insulting judgments.
Very good reply Nathan! Facts are often overlooked when people they are hopelessly biased.
hmmm maybe it wasnt complete for a reason...
It wasn't intelligent as well. Obama had access to the same information that the rest of us investors had. The information that said that China had the manufacturing capability and the know how to undercut us in the very near future. That is why the rest of us weren't investing in that company.
But he was bound and determined to pander to the SIerra club and Ozone Al with his eyes fully open about Solyndra's chances of being able to compete and he through away the money anyway. That is Cronyism. It's no worse then previous presidents but we can't afford that form of indulgence anymore (We never really could). And yet he continues to claim he did a good thing which shows and unwillingness to learn and grow. We can't afford that in a president.
Of course he thinks he did a good thing. He put $100K of his own money into it. Now how does that work out? He should have known better BECAUSE of the knowledge he had at hand from the previous administration. He is either stupid beyond anyone I know, or..............he is getting the money back tenfold. Oh, yeah!. He did give them nearly $500M. Guess he's getting his money back after all.
cnn, i think u meant 535 million, not "billion"
No they mean BILLION...which total other absurd ventures that Obama has tanked
All of you criticizing president note that businesses do fail. Companies especially startups do take money from other institution who know that there is a good chance that business will fail. Government does encourage some of these ventures to spur growth. Do you think China became the massive production powerhouse without assistance or failure in one day.
Wake up you hussein lover, the writting was on the wall. WOW you libs will protect this goon till the end. hey I have a bridge for sell, real cheap too. Meet me behind the bar with 2 million dollars.
Look it was a mistake.If you dont regret your mistakes your either dishonest or apathetic.
A mistake is when you forget to dot your I's and Cross your T's. This is Unforgivable . 1/2 billion$$$ and even GWB said it was junk. who is the idiot now?
There are a few other reasons not to regret mistakes beside dishonesty and apathy:
1. The money was payment for political cotnributions – in that sense, it was not a mistake at all – just a bribe.
2. The money the government spends is just money from the rich, who won't vote for Obama anyway – in that sense, it was not a mistake, just redistribution of wealth.
3. Obama is too arrogant to consider anything he does a mistake. Ditto – no such thing as an Obama mistake because it is a contradiction in terms.
Making a mistake, even a big one like the Solyndra loan, isn't Tragic. No investment is a sure thing and he could have misread the tea leaves. Arrogantly claiming it was a good idea even with Hindsight shows an inability to learn and grow and that is Tragic both for the Man and the Country.
Obama is a young president and I would have been willing to cut him some slack if he acknowledged that he and his staff made a collosal mistake. But he's trying to stand out there and tell everyone it was a good idea. What? Is he 8 and thinking that no one will notice.
Any decent president would have found a staffer or 2 to fall on their swords and admit that they misled the President so he would have plausible deniabilty. He proudly boasts he did a good thing.
We, as a country, will be well served when he is out of office. I would be even more confident about the future without Mr. Obama if I felt that the Republican party was going to put us a candidate that can work with both parties. The Democrats certainly didn't and look how that turned out.
And tomorrow Kevin is going to say why isn't the govt giving the companies in America a fighting chance against foreign companies by creating jobs and investing in domestic businesses? The day after kevin is going to complaint, why is the economy still stagnant, can't the govt even take a chance in trying to boost local companies against foreign products so the layoffs can be avoided?
You yourself said "No investment is a sure thing" and yet you want an apology when the whole going green business is a required risk anyway?
Maybe you should not have tried to save that few dollars when buying that 'made in China' solar panel...
And a candidate that can work with both parties or both parties that can work with a candidate willingly without casuing some disruptions so that they themselves will look better for the next election? Hah, Hell will freeze over when something like that ever happens...
Yup – If we want to be a socialist/ communist society/nation, our government should 'dabble' in business – just like them. Of course – we should completely disregard what has made this country great, and ignore the fact that the model has failed everywhere else on the planet.
What's best about this narcissist – he can truly do no wrong. Everything is someone else's fault or has logical reason it didn't work – at least in Obama's eyes and the spin doctors working for him (followed by the Zombie's that follow him).
Wake up America – and never expect balanced reporting from CNN.
Hey O'Bozo, you cannot fund a project where there is no demand. Cut taxes on Ford Motor Company where they are selling F-1`50's like hot cakes, that is where you can further employ more people.
No Regrets?? Of Course NOT! Primary mission is to bury this country financially...this was one way to fast-track the mission...OBAMA 2012
Not that we never invested in NASA to beat Russia to the moon. A rocket blew up and took three lives. Then with the Space Shuttle, we lost two, taking fifteen lives. Then we had the Reagan Star Wars program..........we can go on and on. Not defending Obama, just truth and common sense.
your argument is so not tought out. You make no sense
Good points but the rocket did not blow up. They were doing pre flight tests and a short ignited the oxygen killing Grissom, Chaffee and White. They were not going anywhere that day in the space capsule. Not picking on you but should know the facts before posting. Anyway I digress, if you or I made a 500,000,000 dollar mistake we would be fired and probably have some regrets but not this guy. He has never done anything wrong in his life because if something did not go as planned I am sure it was someone else's fault. That is the liberal mantra along with no winners or losers, can't allow a child to have low self esteem, etc. Liberals have no accountability and take no responsibility for their actions.
Can I have $500 million? I lay in the sun.
What an ignorant, clueless, useless, incompetent BOOB Obama is.
WASTED over 500 MILLION of OUR tax dollars on this...
SOMEBODY needs to go to jail over this.
Obama is a boob.
Draft Hillary now.
Obama could not care less that he threw 500 MILLION dollars to the wind.
He could not care less that WE paid for this useless boondoggle.
Really, Obama, or somebody, needs to go to jail for this.
He is a totally useless BOOB.
Draft Hillary now.
Haha, I get it...its renewable energy companies and you said "threw it to the wind". Funny.
soetoro is too arrogant to admit anything he does is a mistake. btw you jobs bills is dead, best move on pal.
Yes because the Republicans are not interested in getting the jobs situation better until after they con us in 2012.
No Regrets? I regret voting for him!
CNN finally has a story on this. It's about time. It doesn't look good for Obama, especially with no regrets on losing 535 million dollars. I am disgusted.
I regret voting for him!
of course he has no regrets, its not his money. What a putz... so sick of this guy.
550 million tax $$$$ down the drain.... talk about a bridge to nowhere....
No regrets about blowing 1/2 a billion dollars and laughing when he said " I guess some of those shovel ready jobs weren't shovel ready" ??? This bozo needs a new job.
That will definetly cause some some issues up there in the land of Keynes economic theory which has been proven not to work as of late
Of course he doesn't take any blame. Never has – never will. Too arrogant. This ELITIST definitely knows what's better for us than we do. So sit back and enjoy the ride to bankrupcy. Of course, he won't be the one who is broke at the end. Just think if George Bush did this.....................Just think. Plus he gave billions more away just last week for the same type of ventures. A famous man once said: "Stupid is as stupid does".
You are all missing the story...This president and his cabinet, on their own, took 500+ million of taxpayer money and invested it in a private company – a company that was projected to fail. This is not the role of the government. The press has in a very clever way changed the story to rather or not Obama has regrets and all of you swallowed the bait. The transfer of money to a private corporation that funded a campain under the guise of clean energy is criminal. By the way of all the companies funded under this administration, Solyndra had the highest risk of failure and was given the lowest interest rate loan. Hmmmm, now go back to work to send more money to this administration so that they can give it to people other than the ones who earned it.
A narcissist never admits he's wrong.
Cheney..?
Your point? Cheney is not there anymore. We are talking about the idiot that is up there now not anyone before him. Why is it a liberal cannot admit when something or someone is a failure. I am concervative and I own up to my mistakes as well as point out where Bush and Cheney went wrong. A liberal cannot do it because they are always right and know what is best for me. Liberal thinking needs to go away; I never thought that way until recently but two things bother me more than anything else and that is when someone is a liar or a thief, usually it goes hand in hand and most liberals are both now. They want to steal my money though taxation and they lie to me about how it is going to be used.
If we do not do something about climate change this will bite us and bite us BAD! Like solar, wind geothermal that does not cause bad things like coal and fossil fuels do!
No regrets? Why, because it was such a small percentage of the money he's blown so far?
There is a glaring void in this Administration; Foresight.
No foresight for the consequences of its policies, words, or actions. If there is then it is an intended marginalization of America.
Foresight should ward off misery for the American people. Hindsight makes the American people the victims of poor governance.
But again the administration will blame someone or something else for it. No accountability or restitution of its own.
Obama: No regrets over Solyndra
"Because if you look at the overall portfolio of loan guarantees that had been provided, overall it’s doing well."
I'm not sure if Obama is in our reality or not! If I make a $535 dollar mistake in my checking account or loan it to a friend who plays poker with it I might just get my car repoed the next month. Lets repo AF 1 and see if that changes Obamas mind on spending.
No regrets over Solyndra It's ONLY half a billion of other peoples money... Plenty more of where that came from... Tax the Rich Win the Future Only Government Hope and Change
Does anyone have an Idea where the money went?
Beezer: The money went to the same place money always goes in bankrupt companies – salaries and perks to the executives. Why do you think those guys took the Fifth Amendment before Congress?
I bet Obama would cut off his nose to spite his face! We will not forget this!
Of course he has no regrets. This helped to fund his campaign war chest. Obama is the best example of why liberalism does not work.
I have 535 million reasons why he is wrong!
Could have been worse. He could have brushed aside warnings that Solyndra didn't have WMDs.
Get over it!
All these people jumping up and down because an investment in Solyndra didn't pan out.
News Flash, – that's how venture capitalists get rich. They invest in 100 companies knowing 99 of them will fail, but the one that succeeds will more than make up for the rest.
If you're only looking for "safe" investments, you're going to get about 1.75% return. If you want more, you have to take risks, and risks means sometimes you don't win.
Again, get over it.
And if I want to risk my money with venture capitalists, I will seek them out and make the choice of which ones I want "investing" my money. I don't much have that choice when it's the gov't seeking out my money.
C-Lo – no one asked me if I wanted America to invade Iraq either. What's your point?
Ah, but you were. It is the job of the US gov't to protect against threats, domestic and foreign–written right in the Constitution. The Congress (your represntative gov't) passed resolutions in 2002 authorizing those actions. Not withstanding the legality or right/wrong-sightedness of the resolution and subsequent invasion, the debate of which is for a different day (i.e. not directly related to this) the direct answer to your question is yes, and if you didn't like the answer, you were allowed to vote out the individuals responsible for not representing your viewpoint, which happened in '06 and '08.
I believe the fed gov't should have limited powers and generally not be involved in the private markets–giving grants to private companies does not fall within the (unconstitutionally) expanded powers congress afforded itself under the commerce clause.
Additionally, the $$ thrown at Solyndra et. al. is NOT venture capital, it is in the form of gov't backed loans, meaning that the return, if any, is fixed and not subject to the overall success of the company. So if 99 out of 100 companies fail on the gov't (TAXPAYER) dime, the one survivor won't recoup the costs.
Yes C-Lo...the people of the United States dont get any return for that one AMERICAN company that is fantastically successful due to getting funding from the Federal Government.
Your logic being against investing in American companies is laughable.
The federal government is not in the venture capitalism business. This cannot be compare to funding the armed forces...apples and oranges.
News flash, Jim: – the US treasury is not Obama's venture capital fund. It is taxpayer money. Venture capital is called PRIVATE EQUITY. It is not what public money is for.
Hey, Obama's main man and chief donator to Obama, was able to funnel big money back to Obama, so why should Obama care. What do you call a person who thinks its okay to waste $500 Billion in tax payers money becuase his people are ignorant and don't do proper due-diligence? Ignorant clown? Incompetent moron? or President of the Socialist United States?
Wild willy – nice to see such an excellent demonstration of the throughtfullness and intelligence of the radical right. Youre numbers are only off by a factor of 1,000.
i see the cnn artical failed to mention the changed clause in the contract that puts investors ( one of obama campaign bundlers ) first in line of any proceeds that are recovered......the press-titutes at cnn are at it again !
No Regrets...Really! I would have a few if I were you Obozo! The taxpayers are stuck with this bill now. Glad your ok with it you clown!
"Obama: No regrets over Solyndra"
And that right there tells you the kind of moron we are working with.
No regrets for wasting 1/2 billion dollars on a known failure. The people need to oust the corrupt Illinois Democrat!
How can anyone have "no regrets" when it comes to effectively throwing away half a billion dollars of"our" money, the tax payers money? What an arrogant and ignorant statement! Government "investment" in things like The Manhatten Project or the Race to the Moon is understandable, but does not belong in the Venture Capitalism realm.
How many billions (and American lives) did we lose in Iraq, and what did we get in return? Anything besides an Al Qaeda recruiting poster?
Fine to say you're unhappy about Solyndra, but let's put it in perspective with the big picture.
We were talking about economic aspects of blowing money. I didn't even jump on the bailouts and stimulus and off you go into the usual "Iraq" thing. As retired Navy and veteran of Desert Storm, I would point out that if, in fact, the UN had "allowed" the coalition to oust Saddam in 1991, as it should have, you wouldn't even have this "talking point."
Yes Jim, lets talk stimulus. Stimulus #1: W. Bush bails out the financial sector. Stimulus #2: W. Bush writes and its passed by Obama very early in his term with wide Republican support (because their guy's team wrote it).
Done discussing it yet?
I did not think we should have entered Iraq but congress both dems and repubs alike voted for it so how does that compare to this, it is apples and oranges. Obama and his cronies are criminals by my definition and need to go.
Funny, all these Obama haters here, but they have no one qualified to take his place.
It's obvious conservatives don't like the clown party they've got running for president. Other wise they wouldn't keep hounding Chris Christie to run.
Seriously people, tell me which of the crazy teapublicans vying to be president do you support, and what makes him or her qualified to be president. And here's a qualifier that will probably shut down most responses, YOU CAN'T SAY YOUR GUY/GAL IS BETTER THAN OBAMA. They have to qualify on their own merits, if they have any.
So let's hear. Which teapublican are you for and why, and no "because he's not Obama".
ELMER FUDD could take his place...
Doesn't say much for the GOP contenders if you put Elmer Fudd ahead of them.
Paul, Cain, Gingrich, Romney, all smarter than Obama, and all far more qualified than Obama.
Jim, seriously, can you keep a straight face when talking about "qualifications." Mr Obama had absolutely no real quantitative Presidential qualifications when elected. It was all based on emotion, hopes, dreams, smoke and mirrors, the perverbial Change We Can Believe In, which has continued throughout his term. I really had hoped he would prove me wrong with the misgivings I had.
Let's start with Ron Paul...Llibertarian to the bone. Small gov't, strong court system, protectionist, USA first, rest of the world be damned (you can't help other people build houses when yours is in disrepair).
Cain...Small gov't, principled, doesn't change his tune with the wind.
Romney...demonized for his actions as governor in Mass, difference is he is a States' rights advocate–that is how Romneycare is different from Obamacare
Not in any running, unfortunately, but Colin Powell, Schwartzkopf, Petraeus. Strong leaders, Country First, non-politicians.
C-Lo – thanks for a courteous response.
Question: I heard Ron Paul interviewed on television, and he said that under a libertarian society the free market would take care of pollution problems and prevent problems like the mortgage crisis. He didn't explain how that would work, and frankly, I can't see how it would work. Seems like companies will dump their trash/pollution in any stream that close because it's cheap, and banks won't disclose anything about loans and hidden fees or will make it incomprehensible without government (or someone making them disclose). I just don't understand how a "free market" will correct things that are profitable for corporations and bad for the rest of society.
Do you understand what he means, and can you explain it to me?
Yes, and it's an area where even I am somewhat suspicious as to the true ability of it working–but I'll try. You notice I said in my response he stands for a strong court system (problem being we would need good tort reform to go along). If a company polutes a stream, river, air, etc. in Ron Paul world it's a civil offense, rather than criminal. The downstream users of said water/air would have to show in court damages suffered due to the polutants–think Erin Brockovich.
Problem 1–court backlogs/costs. solution–reduction in criminal courts, cost of EPA et al funneled to civil court system, additionally, tort reform where loser pays court costs/legal fees.
Problem 2–Strong corporate lawyers standing against the little guy. solution–a) we already have this problem, b) class action lawsuits (if can you imagine the entire states of Arizona and Utah against a corp in Colorado dumping into the Colorado river).
Problem 3–corps declairing bankruptcy in light of litigation. Solution–remove corporate protections from individuals in cases of gross neglegence (ie purposefully allowing dumping/polution). Think Kenneth Lay, or the Quest guy, but financially instead of criminally.
This is a start, obviously much more detailed...as to how it might have cleaned up/prevented the mortgage crisis–
Banks would have been responsible for the poor loans, to the extent that the mortagors weren't fraudulent in their applications, at which time the banks would have (and do) recourse in the courts.
I'm sorry, but as far as disclosure, buyer beware. If there is something that looks fishy, it probably is. Again, if there is fraud or misrepresentation from the banks, then the buyer has recourse in the courts. Basically, the country is run primarily by contractual/tort law. Many "crimes" in this country are punitive punishments for torts, especially "white collar" crimes.
It's not a perfect system, but then neither is the one we have. It is a system that ultimately provides true fairness and promotes individual responsibility (whether personal or corporate).
I hope this sheds some light, and encourages you to look closer at the philosophy, because there is not enough room here to do it justice (pun somewhat intended). Whether you agree with it or not, at least understand that it's not the evil winner take all philiosophy reflected in a leftist analysis, and is actually individual friendly and anti-corporate establishment.
Jim,
Many libertarians (like myself) believe that protection of the environment is a legitimate role for the government because there is arguably insufficient market incentive to avoid pollution. I saw an interview of Ron Paul once where he said that he lives by a river and supports governmental action to prevent a company from dumping waste into the river. That, however, is a different issue than picking favorites in the marketplace (green energy) to give taxpayer dollars to. Government spending does not create jobs. The "green" jobs created by government spending are the visible effects of government spending. What goes unseen is what that money would have been spent on if the government had not spent it. If the money was not taken from me in the form of taxes, I could have spent it on anything I wanted to, like going out to eat more. Since I don't have that money, and don't go out to eat more, the food service industry might not hire new workers to meet the higher demand. Government spending just inefficiently shifts jobs; it does not create them.
As to the mortgage crisis, a free market corrects itself. I own a business. If a competitor of mine used bad business practices and went bankrupt, it would no longer be in business and the harm it was doing would cease. I would learn from that mistake and I would not use those same business practices or I would lose my business too. However, that system of market correction is distorted when the government bails out my competitor despite its bad business practices. Government intervention keeps the private marketplace from functioning properly. Then those in government who keep intervening use the poor results as supposed proof that the private market does not work.
These are just my opinions of course – I'm no economist.
WOW no regrets over wasting 500 billion of other peoples money. Typical scum bag liberal.
WOW no regrets over wasting 500 billion of other peoples money. Typical, pathetic, liberal.
Well I don't know what all the hub bub's about ...this ever get settled....
For Immediate Release
Aug 8, 2002
Contact: Press Office
CHENEY “TAKES FIFTH” ON HALLIBURTON QUESTIONS
Vice President Owes the American Public an Immediate Explanation
(Washington, DC) Judicial Watch, the public interest group that investigates and prosecutes government corruption and abuse, expressed disappointment at Vice President Cheney’s continuing refusal to answer questions from the press concerning his role as the chief executive in the bookkeeping practices of Halliburton Company. Vice President Cheney dodged questions concerning Halliburton yesterday during a speaking engagement before the Commonwealth Club of California in San Francisco, California.
Judicial Watch has brought a lawsuit on behalf of Halliburton shareholders against Vice President Dick Cheney, the directors of Halliburton, and the accounting firm of Arthur Andersen for alleged fraudulent accounting practices which resulted in the overvaluation of the company’s shares. The value of the company’s stock has dropped by more than half over the last two years. Additionally, Vice President Cheney has avoided reporters' questions since Halliburton announced that it was under investigation by the Securities and Exchange Commission (“SEC”) for accounting practices during the time Cheney ran the company.
No fair Amunaka – everyone knows whatever happened before January 20, 2009 never happened and is totally irrelevant.
No wonder repubs think of Obama as being the messiah ....seems they think the world only began on the day he took office...
apples and oranges...this all took place in the private sector before Cheney was VP, and was of the same ilk as so many other accounting scandals of the late 90's/early 2000's. If you want to discuss contracts awarded Halliburton after 2001, that's another story–more big gov't favoritsm.
Regardless of the outcome of this particular case, the system generally worked like it should have, private companies engaging in the free market with gov't oversight to potenial fraudulent practices and a day in court.
Yes, and then Cheney paid them all off by giving Haliburton exclusive contracts for Iraq and Afghanistan. But I guess your not outraged about THAT waste of taxpayer money to the tune of trillions, right?
ztank:
Did you read "If you want to discuss contracts awarded Halliburton after 2001, that's another story–more big gov't favoritsm." Hmm, SORRY I DON'T SCREAM FROM THE RAFTERS, but I thought that sentence made this point.
Amunaka
Are you going to investigate how Hilary made $150k profit overnight in the stock market back in those days?
Clean energy? Is this Starwars II? Only the progresive liberal can have the proposition that you can pick up a turd by the clean end. We need to drill, drill now, frack, tap natural gas for use, and forget this delussional clean energy myth. If you are rich then $3.50 gas does not bother you but it takes from my dinner table. I can not wait to get rid of Obama and his energy thugs.
Of course he doesn't regret it because it isn't his money. This article says it all – any idiot who would come out and say they don't regret rushing through the process to approve a half a billion dollar loan that subsequently tanked does not deserve to be president.
Obama is a liar. He does have regrets over Solyndra. His regret is that he may not be getting that $100,000 campaign contribution that was going to be his kickback for giving the company all that taxpayer money.
If you don't want to see us invest in the new technologies of the future then just start packing because your next job will be in China.
Other countries are subsidizing their new technology companies not just with some loans but with outright subsidies. And we either do the same or we lose the game. Pure and simple. And yes, there is risk involved. A lot of these companies will succeed but there are some that won't. That's competition.
.
It is typical. No mention in the story about how Obama's big campaign contributors happen to also be big investors in Solyndra.
Of course not the left stream media continues it's self appointed task of covering for Obama
AND how many oil companies or fossil fuel fools have gone bankrupt, having received Govt support or subsidies. How many car makers, defense contractors, etc...the repubs like this one because it fuels their oil addictions!
OBAMA IS A CLOWN, IF IT WAS HIS MONEY HE WOULD CARE
If you have 20 renewable energy companies in your portfolio and 19 are profitable and 1 is a complete failure then would you have regrets in investing in the renewable energy companies?
OBAMA HAS BEEN A LOSER SINCE DAY ONE
bob, take your caps lock off. It makes you look stupid.
Go Obama! This President is alienating the Tea pary, Progressives & the the swing voters @ the same time! What a guy!
Good ad, but I would add...
1. Record Obama US unemployment going on 3rd year 24 Million out of work still
2. Record Deficits with Obama/Democrat spending of $5.3 Trillion in first 2 years alone.
3. Record 4 Wars Raging under Nobel Peace prize hypocrite Obama.
4. Record Homes foreclosed on and business failures.Homes worth 30%+plus less.
5. Record 1 in 7 on Obama Food Stamps.
6. Record Bailouts and 0bamacare waivers for Union Thugs & Big Bank Crooks.
7. Record number of oil rigs shut down or left the country as ordered by Obama's DOE
8. Record lies and broken promises Gitmo still open after 30months.
9. Record bigger government and more Obama Czars than Russia ever had.
10. Record Vacations and Golf outings on Taxpayers dime for Obama family.
11. Record closed door meetings and No-Transparency.
12. Record of first time Americas debt rating downgraded.
13. Forcing DOE to provide $535M to a failed Solyndra
14. Approving Operation Fast & Furious where citizens were murdered
Obama, "No regrets!"
1.) The sum of 30 years of poor decision, resulting in countless millions of jobs offshored over that time.
2.) Spending incurred that began in the previous administration, that both democrats and the GOP adamantly demanded.
3.) See prior administration. Libya was in our allies interests - we have treaty obligations.
4.) See CLINTON administration, which ushered in terrible loan deregulation, which was exacerbated by Bush.
5.) Food stamp use is the result of foreclosures and the off-shoring of jobs; not anything Obama's done.
6.) Obamacare contains needed, necessary reforms. Don't repeal, adjust.
7.) In response to the Gulf Spill fiasco.
8.) He tried, congress opposed.
9.) Any resulting government growth is natural; look at our history if you disagree.
10.) Record? False. Compare GW's vacation to Obama's. You'll see he's had a reasonable vacation schedule.
11.) This president has done more to open up transparency and government than any before him.
12.) Credit downgrade the result of congressional partisanship; not anything Obama's done.
13.) Of 40 entities to receive those funds, Solyandra's the only one to fail.
14.) If you think this hit Obama's desk at any moment before it became a problem, you're diluting yourself.
This just goes to show; there is no limit to the inanity a partisan will believe when it comes to demonizing whatever they dislike.
You have helped show what a terrible mess the republicans left for him to clean up! He has spent almost all of his time in office trying to fix the economy that he inherited. He kept us from being in a depression like the 30's. The man is fabulous! Possibly the best President we have ever had, and you are too stupid to understand this. All those things you named were caused by Republicans, and started before he was even elected. You are a tool.
Obama is going to say the same thing after the economy and his policies destroy the country ... "I thought it was the right thing to do, but in hindsight my policies just didn't work."
No regrets? If it was not my money, I would not care either.
He'll never regret anything because he is like Bart Simpson "I didn't do it!" I didn't do it!"
Of course he has no regrets about a catastrophic waste of taxpayer money given to a gang of politically connected crooks. – that is the Chicago way of doing business!
Every day brings another reason for America's Obama hangover to worsen.
Pat you're an idiot my dear.
No Regrets? What about these?
1. Record Obama US unemployment going on 3rd year 24 Million out of work still
2. Record Deficits with Obama/Democrat spending of $5.3 Trillion in first 2 years alone.
3. Record 4 Wars Raging under Nobel Peace prize hypocrite Obama.
4. Record Homes foreclosed on and business failures.Homes worth 30%+plus less.
5. Record 1 in 7 on Obama Food Stamps.
6. Record Bailouts and 0bamacare waivers for Union Thugs & Big Bank Crooks.
7. Record number of oil rigs shut down or left the country as ordered by Obama's DOE
8. Record lies and broken promises Gitmo still open after 30months.
9. Record bigger government and more Obama Czars than Russia ever had.
10. Record Vacations and Golf outings on Taxpayers dime for Obama family.
11. Record closed door meetings and No-Transparency.
12. Record of first time Americas debt rating downgraded.
13. Forcing DOE to provide $535M to a failed Solyndra
14. Approving Operation Fast & Furious where citizens were murdered
1.) The sum of 30 years of poor decision, resulting in countless millions of jobs offshored over that time.
2.) Spending incurred that began in the previous administration, that both democrats and the GOP adamantly demanded.
3.) See prior administration. Libya was in our allies interests – we have treaty obligations.
4.) See CLINTON administration, which ushered in terrible loan deregulation, which was exacerbated by Bush.
5.) Food stamp use is the result of foreclosures and the off-shoring of jobs; not anything Obama's done.
6.) Obamacare contains needed, necessary reforms. Don't repeal, adjust.
7.) In response to the Gulf Spill fiasco.
8.) He tried, congress opposed.
9.) Any resulting government growth is natural; look at our history if you disagree.
10.) Record? False. Compare GW's vacation to Obama's. You'll see he's had a reasonable vacation schedule.
11.) This president has done more to open up transparency and government than any before him.
12.) Credit downgrade the result of congressional partisanship; not anything Obama's done.
13.) Of 40 entities to receive those funds, Solyandra's the only one to fail.
14.) If you think this hit Obama's desk at any moment before it became a problem, you're diluting yourself.
Why don't you just broaden your net to "the whole world" is Obama's fault.
Also, your facts are incorrect on everything you listed.
Uh, the fact that the GOP's highest priority is to make Obama a one-term president doesn't play into this? Short of declaring marshal law, the POTUS has to have some cooperation with Congress to get anything done. Obstruction is their plan for winning – at the cost of 45,000,000 unemployed workers. BTW, none of your facts jive either. Lies and deception are not the solution either.
I'm not a big Obama fan, but if you are going to make broad statements like these or like 'they are all wrong', please back them up.
Unemployment is at 9.2% and the unofficial rate (u-6) is ~ 16%.
http://www.bls.gov/news.release/empsit.nr0.htm & http://www.bls.gov/news.release/empsit.t12.htm
(So now you see how it is done, you research the topic then make your statement for or against AND PROVIDE SOURCES.
Record Deficits with Obama/Democrat spending of $5.3 Trillion in first 2 years alone.
3. Record 4 Wars Raging under Nobel Peace prize hypocrite Obama.
4. Record Homes foreclosed on and business failures.Homes worth 30%+plus less.
5. Record 1 in 7 on Obama Food Stamps.
6. Record Bailouts and 0bamacare waivers for Union Thugs & Big Bank Crooks.
7. Record number of oil rigs shut down or left the country as ordered by Obama's DOE
8. Record lies and broken promises Gitmo still open after 30months.
9. Record bigger government and more Obama Czars than Russia ever had.
10. Record Vacations and Golf outings on Taxpayers dime for Obama family.
11. Record closed door meetings and No-Transparency.
12. Record of first time Americas debt rating downgraded.
13. Forcing DOE to provide $535M to a failed Solyndra
14. Approving Operation Fast & Furious where citizens were murdered
1. Yup, unemployment is high. Please point to the specific Obama policy that led to that. Thanks.
2. Yes it is a record deficit. This deficit is mostly due to the Stimulus. The same one written by George W. Bush's team and passed a month or so into Obamas term. This I found in W. Bush's book where he admits that the Stimulus was written by his team (I can do research too...durr, durr)
3. Four wars? Do you count drone strikes on terrorists as a war? Weird definition. Although I agree that I would have preferred to end the two ones started by Bush. So, two started by his predecessor, one started by him, and one thats not even a war. Okay...so we have ONE with no boots on the ground that's Obamas. Got it. Record? Not so much.
4. See #1 above
5. "Obama" food stamps? I'm quite sure food stamps were started before Obama. Again, though, reference #1 above.
6. Reference #2. And the bank bailout happened before Obama was even in office. Please do YOUR HOMEWORK fool. The bank bailout was written and implemented during W. Bush's term. Seriously, read up on stuff before you post all this.
7. How do oil rigs leave the country? Pretty sure they are anchored down. Also, what would you have done with the worst oil rig disaster and spill in history? Just let them keep creating new rigs with the same regulations and inspections that allowed for that disaster? Your a complete fool if you think that nothing should have been done.
Additionally, Obamas team has granted hundreds of permits. The oil companies have decided to not drill. Look that one up also...again you just dont know your facts. Almost like its on purpose, eh?
8. Record lies? Based on what? And as I remember it the Republicans blocked Gitmo. The president pushed HARD to close it and the Republican fear machine went into full gear and no prisons would accept the detainees. Thankfully, in this country the president is not a dictator and cannot force people to do things they dont want to.
9. Well, they are not Czars. That is a Fox News moniker for them to push their "Obama is a commie" theme. And there certainly are not more appointees under Obama than other presidents. Again, please do your homework.
10. OH PLEASE. Its an easily verifiable fact that W. Bush holds the record. Obama's vacations are not even CLOSE to a record.
11. Its actually, by all measurable standards, the most open administration in history. Again, do your homework.
12. Tea Party. Should I say more?
13. He didnt force the loan. Where do you get this stuff from? Fox News talking points?
14. The DOJ approved the mission. There is no indication that this was approved by Obama. Seriously, every fox news and limbaugh talking point? Every one of the lies? Wow dood. Talk about being completely brainwashed.
3. 4 wars? We are in exactly 2 wars – Iraq and Afghanistan. NATO interventions where there are ZERO American boots on the ground are not "wars".
4. Courtesy of Bush's Great Recession.
5. Courtesy of Bush's Great Recession.
6. Bush started the bank bailouts. Reagan also made some major bank bailouts (google "Continental Illinois"). The rest of your comment is stupid.
7. How many Gulf Coasts do you think we have? Do you want to see them all destroyed? These offshore drilling operations obviously need more scrutiny.
8. Actually, Politifact's Obama-meter shows that he's only broken about 10% of his 500 or so campaign promises. The rest are either complete or in progress. Ironic when liars accuse others of being liars.
9. Idiotic and untrue. Government payrolls have SHRUNK by about 1/2 million under Obama. Another lie.
10. Again, idiotic and untrue.
11. Who keeps this record? That obese pill-head, Rush Limbaugh?
12. Thank you, Tea Confederacy.
13. You win some, you lose some. Get over it. We're blowing 3 TRILLION in Iraq. Now that's what you call waste.
14. Manufactured story. Reeks of Republican desperation. The ATF is being investigated, though, by the Senate judiciary committee.
DDD – The Obama administration strategy; Deny, Defend, Deflect, in that order.
Amazing how comfortable this cocky mf'r is spending someone else's money
That was a dumb comment by Obama.
Let's see if this comment gets through the censure's 'cause apparently they didn't like what I had to say earlier. The Obama administration does have a plan. It's called Deny, Defend, Deflect and they do it in that order. They deny they've done anything wrong, then when they're caught they try to defend what they've done and then quickly deflect the situation on to something else. Now that I think about it they may just be every politicians plan.
@ Jim:
I have responded to a couple of your posts...but "awaiting moderation," including your comment on not being asked about invading Iraq. Hope they show up (too much to retype)
Not his money. Why regret it?
This President is so out of touch with reality it scares me. It has been shown that the Bush admin turned down this loan, and even a Dem energy consultant didnt think it was a good idea, but Obama ignored them all...scary.
This kind of arrogance is why we need to replace every politician in DC. "No regrets" for losing $500M? You certainly SHOULD have some regrets. Fine, tell us how wonderful the rest of the program is doing if you want, but step up and admit you made a mistake, you lost HALF A BILLION dollars that weren't your and you will try to do better in the futre.
No, instead we get "No regrets"! This is unacceptable!
There's no mistake involved. It's capitalism. You take risks and sometimes you get rewarded and sometimes you don't. That's how it works. You need to look at the entire portfolio of these investments and not just one of them to evaluate how the overall investment is doing.
I have invested in many companies. Good companies. Several of them have failed. I would say that I have no regrets just like my dad and his businesses.
If you can't handle failure and totally lock up under the fear of failure then you will never achieve greatness.
lord help us from fools like many of you. government money built the rail systems that crisscross the country. government money built the internet. government money built the space program and current weapons tech programs. How about the hoover dam, the panama canal and a whole lot more. Each of those massive works project employed millions of americans and still do in some cases. Government investing in america is a great idea and it drives innovation. But its not perfect. nothing is. When a republican has the bright idea to invest government money into new technology it will be what....the right thing to do. cmon people. Could you all be this stupid? obama shouldn't regret this attempt. In fact, try again. Tech development takes time and money but the rewards are amazing just ask the internet you're surfing on.
Of course he has no regrets. After all, it's gov'mint money. Not his. Don't worry, he'll be voted out soon enough.
Democrats are notoriously good at wasting taxpayer money on entitlements and pipe dreams. That's why Wall Street is full of Republicans, who spend and invest wisely.
All the kiddies protesting on Wall Street, but this kind of corruption goes unabated, because it's obama.
"Obama: No regrets over Solyndra".... I have a feeling that Obama will regret it in November of 2012.
Star wars was a good invesment. past missle tests were sucsessful. now when a crazy dictator like Putin.Iran, N Korea, Ect fires nucular missle we will blow it up before it leaves there country.
Obama got his campaign contributions out of the $500 million in lost tax payer money. His buddies all made out big time. So Obama doesn't care.
What's wrong with you crybabies? So Barack dropped a half billion. Barack don't care about no stinkin' half billion. It's not his money.Anyway Barack pays with trillions. This is chump change so get over it chumps!
No Regrets, Hell Yeah!!! Off Shore Bank Account. Obama gets paid. Needs that retirement money after 4 years.
The 40 billion dollar stimulus was added to the budget on a government credit card. If it hadn't been done, the money would have remained in the private sector and the private sector would have not invested in Solyndra as they couldn't raise money. This is the way Europe and China prop up governement favored industries. Unlike private companies, the governemnt's primary concern is not making money. Which means it is more likely to see failure. The campaign contributions and influence from Solyndra were not likely the deciding factor, it was just that they were in the "Right" business.
George kaiser is Obama's bag man
If the CEO of any corporation in America were on the losing end of a $500 million+ transaction I would be very worried as an employee and/or stockholder if that CEO did not come to the conclusion that there was a (regrettable) mistake – and look for the reasons the mistake was made to ensure that it would not happen again. Then again, Obama would not have received so much as a sniff for a CEO position for any Fortune 500 company prior to becoming POTUS...and now we can see why.
It seems this is all Exxon and Teabags have to talk about...which is OK. Basically, out nation MUST break into and lead the world in renewable energy and related manufacturing. China and our other competitors have beaten us to the renewable energy game. They already can produce solar-electric products faster and cheaper than us..however, if we do not blink and shudder (as many would have us do)... we can win this. Its all about if we want to get in the game or not. This president wants America in the game ... and he wants us to win the game. If we stumble in the first quarter...we should not forfeit.
People need to quit bickering back and forth about Democrats and Republicans and who's better between Bush and Obama. The simple fact is that gov't should not be giving out subsidies to ANY kind of company. If any of you believe in a free market and capitalism, then we wouldn't have this problem. Companies that put out a product that people actually want and which can be produced in a self-sustaning matter will succeed and those that can't, won't. If a company can invest their own money and figure out a way to make solar power desirable over other sources (coal, oil, etc.), then great, but the gov't shouldn't be helping them out along the way.
$500,000,000........half a billion dollars.....economy in trouble......heading for DEPRESSION, not recession, and this idiotic boob touts it as successful because it was only one that tanked....FOR NOW. We need sweeping electoral changes from the white house on down, elect people with common sense first of all, and create laws that make sense for the people and NOT the wealthy so-called elitists in control. We need to take this country BACK!!!!
Oblamer got his campaign contributions out of it. And his buddies got their money, where ever it went. And Obama leaves the American Middle Class Tax Payer on the hook for the TAB again.
Do you have proof or just posting angry comments because you dont like that n?
the Green initiative will not save the economy... Cutting the size and budget of the government will...
DICK CHEYNEY HAS NO REGRETS IN MURDERING THOUSANDS OF INNOCENT AMERICAN TROOPS IN IRAQ AND AFGHANISTAN ALONG WITH TENS OF THOUSANDS OF INNOCENT CIVILIANS. AND PRESIDENT OBAMA HAS NO REGRETS IN INVESTING IN A PHARMACEUTICAL COMPANY TO SAVE AMERICAN LIVES. THERE'S A BIG DIFFERENCE HERE.
I like the point your making but please lay off of the caps lock. Caps lock = crazy.
Solyndra is not a pharmaceutical company.
you are an idiot, not just for writing in caps!
Why Solindra failed? Because of HUGE flood of super-heap alternatives from China. How did China managed to get them so cheap, so fast, and so much (besides currency manipulation) is HUGE government investment that dwarves those 500mil by 10 to 1!
Why can't you all realize that since internet all new technology, ventures had stalled in US. Why because its NOT profitable at least initially, and since US doesn't support all new ventures the moment something new opens China jumps in, has their government investment millions and billions of dollars and overwelms all new research and technology and moves everything from US to China.
No government support, cut-throat capitalism works if its an even game, but it doesn't work when one party (US) plays by the rules while other party (china) pays lip service and pours billions of dollars of government support. And China doesn't care if 1 out 5 those new ventures fails dismally and looses money because those other 4 will succeed.
Just wait and see, in decade, there will be NO new ventures, technologies coming from US, everything will be from China, and other countries with big government support. Continue to play fair and believe in miraculous laisses faire (free market) capitalism, while China government quietly buys up everything and stills all research from US
If you are "outraged" about Obama saying that he has no regrets in investing in American renewable energy companies even if some of them fail...then are you also outraged that Bush never apologized for Iraq? Cheney? Are you also outraged when Republicans lie, are caught in the lie, and then don't apologize?
My guess is that you are only outraged because you hate Obama, right?
@ Jim, re Ron Paul.
Yes, and it's an area where even I am somewhat suspicious as to the true ability of it working–but I'll try. You notice I said in my response he stands for a strong court system (problem being we would need good tort reform to go along). If a company polutes a stream, river, air, etc. in Ron Paul world it's a civil offense, rather than criminal. The downstream users of said water/air would have to show in court damages suffered due to the polutants–think Erin Brockovich.
Problem 1–court backlogs/costs. solution–reduction in criminal courts, cost of EPA et al funneled to civil court system, additionally, tort reform where loser pays court costs/legal fees.
Problem 2–Strong corporate lawyers standing against the little guy. solution–a) we already have this problem, b) class action lawsuits (if can you imagine the entire states of Arizona and Utah against a corp in Colorado dumping into the Colorado river).
Problem 3–corps declairing bankruptcy in light of litigation. Solution–remove corporate protections from individuals in cases of gross neglegence (ie purposefully allowing dumping/polution). Think Kenneth Lay, or the Quest guy, but financially instead of criminally.
This is a start, obviously much more detailed...as to how it might have cleaned up/prevented the mortgage crisis–
Banks would have been responsible for the poor loans, to the extent that the mortagors weren't fraudulent in their applications, at which time the banks would have (and do) recourse in the courts.
I'm sorry, but as far as disclosure, buyer beware. My personal feeling is that we become more complascent as a society the more we rely on gov't watchdogs to "protect us." If there is something that looks fishy, it probably is. Again, if there is fraud or misrepresentation from the banks, then the buyer has recourse in the courts. Basically, the country is run primarily by contractual/tort law. Many "crimes" in this country are punitive punishments for torts, especially "white collar" crimes. Non-governmental consumer watch dogs are more effective and, usually, less corruptable because they are set up by the consumers themselves. Holding them financially responsible will help against events like BBB and the credit rating co's who were allegedlygiving high marks to poor products in "pay to play" schemes.
It's not a perfect system, but then neither is the one we have. It is a system that ultimately provides true fairness and promotes individual responsibility (whether personal or corporate).
I hope this sheds some light, and encourages you to look closer at the philosophy, because there is not enough room here to do it justice (pun somewhat intended). Whether you agree with it or not, at least understand that it's not the evil winner take all philiosophy reflected in a leftist analysis, and is actually individual friendly and anti-corporate establishment.
Well put. Many people seem to believe that libertarians like Ron Paul don't care about helping people, or that they are just corporate shills. That really isn't true. Most libertarians have the same basic moral values as other people who have more traditional American conservative vs. liberal mentalities. Libertarians just believe that the free market is better at regulating society than a small group of people in Washington D.C. I want fairness, equality, opportunity, safety, etc. I believe the best way to achieve these things is to allow free people to make their own choices, not have the government limit their choices through regulation. There are many logical reasons for the libertarian position on issues, but often these concepts are not explained by the traditional media, which is more concerned with Democrat v. Republican views. Obviously, not everyone has to agree with the libertarian view, but the libertarian view is all too often dismissed as crazy without a real understanding of its basis.
Shocking – no apology. This man is pure evil.
Amen to that!
Capitalism itself is based on there being real potential for failure (just ask Donald Trump!). Pointing political fingers at a single failed enterprise only shows a lack of understanding of our own economic system - but of course that's no problem for the tea-baggers!
Capitalism itself is also based on the people making the decsions bearing the consequences (positive or negative) of their choices. The government bailout or attempted bailout of industries leaves the tax payer paying the price for a decision that they didn't make.
Sure, but it's failure with your own money or your stockholder's money, not with tax money. The government as a venture capitalist is an epic fail idea.
Obama knew it would fail. Pricewaterhouse Coopers a huge CPA firm told him not to spend good money on the company it would not last. Geitner told him not to venture not a good investment....he knew exactly what he was doing. he used our money so what the hell does he care! Don't make him out to be innocent because nothing could be further from the truth!
You have to have a conscience to have regrets.
Yeah, $500M in taxpayer's hard earned cash is down the toilet – who cares as long as it is biodegradable 🙁
Hank Williams compared president Obama to Adolph Hitler in arguing that the president wasn't doing enough to put Americans back to work but Hank should have explained what was really on his mind which is he hates the president because the president is an African-American. I'm not playing the race game here but if you read between the lines, you would discover that Hank Williams supported and still supports the party that created our economic downfall but yet he is doing like they always did in those confederate states which is blame the black man for a crime he didn't commit.
So if president is Adolph Hitler for just trying to fix the problems he inherited and fight for bi-partisan support to move the country forward, then I guess George W. Bush is Adolph Hitler's father for murdering our innocent troops in Iraq and Afghanistan aand for the killings of tens of thousands of innocent Iraqi civilians. And Hank you must be Adolph Hitler's mother because I'm sure you wear panties you racist SOB.
And by the way Hank you should return all the millions you have made off the American people for singing dope songs that's not even close to country music. And Hank, I'm a big country music fan and I love country music but you ain't country.
Obama did inherit a mess BUT please read this carefully...this man has spent less than 3 years MORE than ALL presidents put together since the beginning of time. He has no intention of helping us he's corrupt and is nothing more than a puppet for George Soros! I think Hank Jr hit the nail on the head! Obama is a dictator. Heck my 13 year old granddaughter figured that out after following the news for a school project! So blame anyone you want the truth being the blame game is real old and Obama is the now the man to blame!
Obama never regrets spending other people money...
Mr. President you were warned that it was not a good bet ... but since you were spending my money and not your own .. you didn't care much. Now you lost my money and you have the adacity to say you have no regrets? Well, I will have no regrets when you are out of office ... you are arrogant and only pretend to care about me.
I hate to be the bearer of bad news but just want those of you who still suffer fr BDS (Bush Derangement Syndrome), that Bush is no longer in Office. (Gasp!!) Yes it is true. He and Cheney are long gone for 3yrs now fr the WH. No need to worry. The country on 2008 voted for CHANGE. They spoke loudly and resoundedly againt Bush and Cheney for giving us Enron, TARP, bailouts, Gitmo, predator drone prog., Rendition, patriot act, 2 wars and many more. We are happy to report that with this wonderful President Obama and thanks his CHANGE we now have, TARP, Solyndra, Evergreen Solar, Light Squared, bailouts, Gitmo, predator drone program, Rendition, patriot act, 4 wars (add Libya & Egypt), and many more.
Thank Goodness for this CHANGE!!
You forgot Fast & Furious!
@Sickofhisarrogance; Really?!? We're still waiting for YOUR pompus Messianic Heroes, George W Bush, Dick Cheney, Donald Rumsfeld, Karl Rove, The GOP Congress, as well as every ill-informed, mis-informed, brainwashed DEM, who signed off on them to admit to their 'ERA of ERRORS'! OBAMA HAS publicly admitted that things hadn't panned out exactly like he had hoped or projected, but that we were still on the right track! If you want to claim he hadn't, well I guess he's had some good examples on how not to!
that is incredibly dumb to say you don't regret it... of course he should regret it. So he's saying that seeing how the money was wasted and won't be paid back, he would do it again. he could say he doesn't regret the overal program goals but you have to regret giving the money to solyndra. another dumb comment from this president.
Clark1b
So where was your comment when Dick Cheyney said he had no regrets? He, GWB and these same Republicans in congress lied to the American people about bogus WMD's and they are responsible for the deaths of thousands of innocent people as a result of their illegitimate Iraqi war. Perhaps none of your family members were victims in that war. But where was your comment when Dick Cheyney said he has no regrets? And we are still suffering casualties today in bothe Iraq and Afghanistan as a result of their outrageous foreign policies.
And when it comes to the domestic policies, you rightwingers like to accuse president Obama of blaming GWB for this and for that and of living in the past. But president Obama is not living in the past, he's just addressing past problems that we are still confronted with today. Just get your facts straight then go drink some tea or better yet, some Kool-Aid.
Joe,,obama has been in office now for how long? seems like 50 years! He's done more damage than GB or any other president could do or has done. We're broke, he's downrated our credit (first time ever) he should be proud and now he wants more...go hit your head up against the wall and then go back next week and do it again! Smart huh? Well duh that's what we're up against with this stupid president!
....Hey!@Sickofhisarrogance; Do you suppose when they don't 'admit' their errors, they won't have to walk them back, apologize to you, me the rest of America and the WORLD, no charges can be made against them, no prosecutions can be implemented, thereby sending ALL possibilities of convictions OUT OF THE WINDOW?!? Even if what you accused OBAMA of not doing was true...I'd say to you and the rest of your OBAMA-hating ilk, DON'T open up that great BIG old can of worms!! LOL! Pathetic! LOL!
Why should he care, not his money. Just print more.
Just go back to your red confederate states. I'm sure ya'll have no regrets for slavery too. General Grant was a great president.
Obama never regrets stealing from the American Middle Class Tax Payers, but we will remember you Obama, come voting time in 2012. Incompetent community organizers no longer allow to play dumb presidents.
ITS BUSH'S FAULT
ITS OBAMA'S FAULT
ITS PERRY'S FAULT
ROMNEY IS A POLYGAMIST
BIDEN IS AN IDIOT
PALIN IS A NAZI
Doesn't really matter you silly silly people. They are all in the same business, f k n all of us out of our money.
When will you folks who love to bash the other side realize this?
Now back to our regularly scheduled program......
ITS BUSH'S FAULT!
NO, ITS OBAMA'S FAULT!
what a TOOL!
D@mn! never let a compulsive spender into the White House!
Hey Mr. Pres, I was wondering if I can take out a loan from you? I don't know didly about making clean energy and I'm not a very good business man....but like you said, "We need to help americans succeed"
I think if you invest a million or 2 into me we could do some real good business.
Hollar at me homeboy!
the First Lady has spent $10million of U.S. taxpayers' money on vacations alone in the past year.
Branding her 'disgusting' and 'a vacation junkie', they say the 47-year-old mother-of-two has been indulging in five-star hotels, where
she splashes out on expensive massages and alcohol.
'It's disgusting. Michelle is taking advantage of her privileged position while the most hardworking Americans can barely afford a week
\or two off work. 'When it's all added up, she's spent more than $10million in taxpayers' money on her vacations.
The First Lady is believed to have taken 42 days of holiday in the past year, including a $375,000 break in Spain and a four-day ski trip
to Vail, Colorado, where she spent $2,000 a night on a suite at the Sebastian hotel. And the first family's nine-day stay in Martha's Vineyard
is also proving costly, with rental of the Blue Heron Farm property alone costing an estimated $50,000 a week.
'Michelle also enjoys drinking expensive booze during her trips. She favours martinis with top-shelf vodka and has a taste for rich sparking wines.
'The vacations are totally Michelle's idea. She's like a junkie. She can't schedule enough getaways, and she lives from one to the next – all the
while sticking it to hardworking Americans.
First lady Michelle Obama's family trip to South Africa and Botswana in June cost taxpayers well over $424,000, according to new accounting based
on Air Force manifests obtained by Judicial Watch, a taxpayer watchdog group. The use of Air Force aircraft alone for the June 21-27 trip cost $424,142,
said the group, and that doesn't include the food, lodging, and ground transportation for the 21 family and staff members
Many private venture capital portfolios have a fail rate higher than 10%. That's why startups are willing to pay out the proverbial rear for the the capital.
Wish I knew a liberal that would invest in a start up and not worry about it losing half a billion dollars.
Of course Obama has no regrets- he's a corrupt piece of scum and that's how he operates. This is just another example of how he has no idea how to lead and is destroying the American economy. In three years he has wrecked the US and put millions of people into poverty. What's almost as bad is the fools that still support this idiot. Apparently many Americans think that poverty is a good idea.
You need to rethink what you just accused OBAMA of, Jim. Even if it WAS true, it certainly wouldn't be a first. FDR was warned about 'Pearl Harbor', George Bush was warned about '911'! A PRESIDENT DELEGATES RESPONSIBILITY AND AUTHORITY OF THE EXPERTS IN THE FIELD, TO OVERSEE, WATCH AND HANDLE! OF COURSE HE HOPES IT WILL BE HANDLED PROPERLY AND TO A GOOD AND POSITIVE END! You're pathetic!
Your tinfoil is too tight
What is president downgrade good at??? Spending other peoples money.
so the bottom line is, Obama doesn't mind spending and losing other people's money. If this was enron though, we'd see Obama in an orange jumpsuit right now.
Why would I have any regrets?
I wasn't throwin' my own money down a rathole...
Why should he regret it. Liberal solutions to all problems involve showering the problems with additional money (not from their own pockets mind you-only from the general till) Things not working properly no problem must be more money is needed. No need for anything to be self sustaining we will just shake someone (else) down for more money
Course he has no regrets...he does not care....when you do not care you cannot have regrets. It was not his money. He only wants to be re-elected, worshipped, fawned over and destroy the country he is leading. That is really all he cares about. Should he not succeed at that then he will have regrets.
Hell yeah!
To acquire money, gain, or advantage by dishonest, unfair, or illegal means, especially through the abuse of positions or influence in politics, business, etc = GRAFT. Synonyms: Obama, Pelosi, Reid, DNC, SEIU, NEA, Unions generally, complicit sycophantic press (including you, CNN), GE, GM, Solyndra, Freddie Mac, Fannie Mae, et alia. Ecclesiastes tells us there is nothing new under the sun. But there are variations on a theme. The HOPE of our anointed classes proceeds apace to CHANGE our once great nation into a bed-wetting nanny-state anemia patient ... and the band plays on.
Oh, and Robert Kennedy Jr. has no regrets either for the guaranteed loan he got. Pelosi has no regrets over the VISA stock dealing she did, Feinstein has no regrets over her stock swindling, it goes on and on and on. We will have the last word with these people who are ripping us off. Count on it.
Is there any question this president is financially screwing America with back-handed moves such as this? ...either that, or he's very, very ignorant.
Why should he regret successfully stealing BILLION$ in plain sight?
Of course he doesn't have regrets – he didn't spend his own money. If this was one dime out of his pocket, he would certainly launch an investigation
Why should Obuma care. He got the money for them from us.
i have a neighbor that can't get their solar electric panels hooked up because our power provider won't switch it over. There in lies the crux of solar anything when it comes to energy. They purchased it and are paying for it, but getting no electric relief from it. Bummer huh? Another government cover up probably.
Oh course he has no regrets. It's not his money.
CNN, you lie....."putting more than 1,000 people out of work and leaving the government unlikely to get back all the money it loaned." Report the facts, Obama and his ilk structured the loan so TAXPAYERS WOULD GET NOTHING BACK.
As soon as President Retard is voted out next year he will pick up his kick back money from all these FAILED startups he gave to his biggest donors. Obama is a crook like any politician.
Of course I have no regrets. It's not my money. It's the stupid American tapayer's. Hahahahhahaha.
Of course he doesn't mind the loan, it wasn't his money, it was the taxpayers! Tell it to the protestors who want everything free, see if they like your comments.
Did he provide specific examples of how the program as a whole has succeeded or did he just expect us to take his word for it as usual?
it was just tax payer money ... si he don't care ... and he got his bribe from Solyndra
The regret I have is this A$#$ is in the WH!
Face the facts folks. B.O. is an idiot. Chu is an idiot. T.he whole administration is brain-dead
As a minimum, at least regret the fact the taxpayer got hammered! Cho recenty declared the taxpayers will not get back much of anything! At least regret that much!
LET ME EXPLAIN THE DEBT CEILING FOR THOSE OF YOU THAT DON'T UNDERSTAND
Democrats don't understand THE DEBT CEILING.
Republicans don't understand THE DEBT CEILING.
Liberals don't understand THE DEBT CEILING.
Neocons don't understand THE DEBT CEILING.
Let's say, you come home from work and find there has been a sewer backup in your neighborhood.
Your home has sewage all the way up to your ceilings.
What do you think you should do? Raise the ceilings or pump out the shit?
Your choice is coming next November. Don't miss the opportunity.
He doesn't care he did not earn the money, his azz is taken care of. I was going to say he could care less if we all drop dead, but then not, because wants us to stay alive so he can screw us out of more money.
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