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Colts fan & Stoker owner
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8,170 Posts
Discussion Starter #1

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a.k.a. "Mean Pair"
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5,961 Posts

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Red Blooded American
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15,853 Posts
This president's wasted spending on green energy has done nothing but pay back campaign contributors, fund failed operations and waste taxpayer's money. Pretty much what he's doing with everything else. Anybody check the foreign aid he's shoveled out lately and where. Only our resident liberals would approve. :))ThumbsDwn
 

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Already miss the 310/562
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13,551 Posts
This one

made the headlines on BLOOMBERG's website today...

I'm hoping that SOMEONE in D.C. will get the picture.... and cut off the GREEN "TEET" money flow soon... :D

Despite what OLAME O said just a day or so ago...


"Investors stand to lose most of the $1.28 billion they put into Suntech Power Holdings Co. (STP) after the solar manufacturer said it wouldn’t resist a bankruptcy petition filed in China.

The company, based in Wuxi, outside Shanghai, had more than $2 billion in debt and defaulted on $541 million in bonds due on March 15, prompting eight Chinese banks to ask a local court to push Suntech’s main unit into insolvency.

Suntech’s collapse follows bankruptcies in Germany of manufacturers including Q-Cells SE, previously the biggest solar manufacturer. Sharp Corp. of Japan, which led solar cell-making until 2006, has been scaling back operations overseas. In 2011, Solyndra LLC collapsed despite $535 million of support from the U.S. Energy Department.
"

http://www.bloomberg.com/news/2013-03-20/biggest-solar-collapse-in-china-imperils-1-28-billion-energy.html
 

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Premium Member
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7,810 Posts
Anytime the government gets involved, it's going to be f'd up.
Back in the early 90's they were making some pretty good strides with LPG. Once Clintoooon got involved in electric and started dumping government money into it, all the research stopped for LPG. Now they want to go back to LPG. Had the government stayed out, we might have a crap load of nice LPG cars.
 
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