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1 in 6 Draw Welfare in Predominantly Red States

again the poor shoulder a heavier burden of other taxes, and it's all one big pot at the end of the day.

It all goes into one pot? No wonder you're a Democrat. You don't even understand our tax system in this country.

I think you are a little confused here. (Man, that actually describes most of your posts). Insurance works because most people don't have car accidents or house fires. But most of us live past 65, because 78 is the average.

Okay, so if you die at 66 or 68, you still put much more in than you got out, and your family gets nothing. Insurance works because they invest the premium money they receive unlike government who just puts in between the mattresses. The profit from those investments help offset their claims. They also are very aware of insurance fraud, again, unlike our government that just allows fraud to go on forever.

Again, guy, you are the one who defends shooting black children playing with toys (they finally got around to firing Officer McShooty, BTW). So you probably wouldn't see that boot if it was attached to your foot.

Yeah, try to change the subject.


Well, actually, most immigrants are dirt poor still... so there's that. But the ones who make it are usually affluent when they get here. They also aren't running into a 400 year effort to keep them down.

Then obviously you don't know many foreign business owners. If they were affluent, they wouldn't have left their country in the first place. America gives everybody (regardless of race) the opportunity to follow their dreams. But dreams will not follow you, and that's why blacks are a failure in the US.

Well, it illustrates what you are. You see, if my company pulled my insurance, I'd be throwing out resumes like a madman and I'd probably get a new job in a few weeks. Easily. In fact, I sent out six resumes last week just to test the waters, and I got three responses.

But you're still blaming the black guy.

I'm blaming government in general. It's government that restricts me from applying to 95% of jobs in my field of work. Get government out of my way and I'll have tons of companies begging me to work for them.

YOu mean with more racist rants about nail salons and Baptist churches? No, man, I think you've really read a lot into the ink blot.

Experience is everything. I've lived here for more than 30 years, and I've seen what changes do to a city. It used to be thriving with the best school system in the county. Our malls were the best in the country at one time. The actor Ted Knight (famous for his role Ted Baxter on the Mary Tyler Moor show) used to come here and do commercials for the mall. Today? My property value is half of what I paid for this place 23 years ago.
 
Hey dumbfuck, think the US Gov't could set the rules for who sells in the worlds largest economy, if it wanted too?


You know like stopping the ability to write off shipping jobs oversea? Having strong policy on creating FAIR trade vs CONservatives "free trade" BS?

largeextremeinequalitychart.jpg

I warned you:

FULL ANSWER

Do companies get a tax break for shipping U.S. jobs overseas? Several readers asked us that question after it came up during the first debate between President Obama and Mitt Romney.

Obama claimed that “companies that are shipping jobs overseas” get tax breaks, saying that they “can actually take a deduction for moving a plant overseas.” But Mitt Romney said that he had “no idea” what the president was talking about, adding that “the idea that you get a break for shipping jobs overseas is simply not the case.” And both men are right, in a way.

There is no specific tax break for the sole purpose of relocating a U.S. job to another country, as Romney said. But the tax code does allow companies to deduct business expenses when calculating their tax liability. And those expenses can include the costs of moving a job to another state or even to another country, according to tax experts with whom we spoke. The White House confirmed in an email that that is what Obama was referring to in the debate.

“Firms can generally deduct business expenses,” said Kimberly Clausing, the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. “Thus, of course, if firms incurred expenses in moving abroad, they would be able to deduct those expenses.”

“My interpretation is that the President’s statement was accurate,” she said in an email to FactCheck.org

William McBride, chief economist for the pro-business Tax Foundation, agreed with her point about the ability of companies to deduct moving costs as a business expense.

“There are no special tax provisions that provide incentives to move overseas, but, of course, in general, the IRS allows companies to deduct business expenses, one of which is moving expenses, whether within the U.S. or abroad,” he said.

Talking Tax Breaks for Offshoring - FactCheck.org

Senate Republicans block bill to end tax breaks for outsourcing


Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.

Republicans block ending offshore jobs tax breaks

corporate-subsidies.jpg

And it's Democrats lying as usual. Again, from FactCheck: THERE ARE NO TAX INCENTIVES TO MOVE JOBS OVERSEAS! Nobody moves to get a moving tax deduction. And as another FactCheck article points out, even left-wing economists agree that taking that moving expense away will not save one job. God you liberals are thick.


Once more dumbfuck



"Hey dumbfuck, think the US Gov't could set the rules for who sells in the worlds largest economy, if it wanted too?


You know like stopping the ability to write off shipping jobs oversea? Having strong policy on creating FAIR trade vs CONservatives "free trade" BS?"


WHERE DOES IT SAY INCENTIVES CUPCAKE?

Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.



Gawd you wingnutters are stoopid :(

The stupid calling others stupid. Again Dumbfuck, the only tax write-off is for moving expenses--nothing else. THERE ARE NO OTHER TAX DEDUCTIONS for moving jobs overseas. It's your typical Democrat dog and pony show. They knew Republicans would vote against it so they could create the lies that you believe.



So after getting called out you change your posit Cupcake?

But WHY would the GOP vote against stopping Corps from outsourcing US and then deducting the costs associated? Come on Buttercup????
 
The welfare rolls rose to a record level almost 20% during the Obama administration and he bragged about it rather than address it as a crisis. The dirty little secret is that democrats would rather have a welfare state than a market economy. A large amount of welfare goes to illegal criminals who shouldn't be in the Country in the first place so it makes weird sense that the democrat party encourages illegal immigration and subsequent government dependency.
 
I warned you:

FULL ANSWER

Do companies get a tax break for shipping U.S. jobs overseas? Several readers asked us that question after it came up during the first debate between President Obama and Mitt Romney.

Obama claimed that “companies that are shipping jobs overseas” get tax breaks, saying that they “can actually take a deduction for moving a plant overseas.” But Mitt Romney said that he had “no idea” what the president was talking about, adding that “the idea that you get a break for shipping jobs overseas is simply not the case.” And both men are right, in a way.

There is no specific tax break for the sole purpose of relocating a U.S. job to another country, as Romney said. But the tax code does allow companies to deduct business expenses when calculating their tax liability. And those expenses can include the costs of moving a job to another state or even to another country, according to tax experts with whom we spoke. The White House confirmed in an email that that is what Obama was referring to in the debate.

“Firms can generally deduct business expenses,” said Kimberly Clausing, the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. “Thus, of course, if firms incurred expenses in moving abroad, they would be able to deduct those expenses.”

“My interpretation is that the President’s statement was accurate,” she said in an email to FactCheck.org

William McBride, chief economist for the pro-business Tax Foundation, agreed with her point about the ability of companies to deduct moving costs as a business expense.

“There are no special tax provisions that provide incentives to move overseas, but, of course, in general, the IRS allows companies to deduct business expenses, one of which is moving expenses, whether within the U.S. or abroad,” he said.

Talking Tax Breaks for Offshoring - FactCheck.org

Senate Republicans block bill to end tax breaks for outsourcing


Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.

Republicans block ending offshore jobs tax breaks

corporate-subsidies.jpg

And it's Democrats lying as usual. Again, from FactCheck: THERE ARE NO TAX INCENTIVES TO MOVE JOBS OVERSEAS! Nobody moves to get a moving tax deduction. And as another FactCheck article points out, even left-wing economists agree that taking that moving expense away will not save one job. God you liberals are thick.


Once more dumbfuck



"Hey dumbfuck, think the US Gov't could set the rules for who sells in the worlds largest economy, if it wanted too?


You know like stopping the ability to write off shipping jobs oversea? Having strong policy on creating FAIR trade vs CONservatives "free trade" BS?"


WHERE DOES IT SAY INCENTIVES CUPCAKE?

Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.



Gawd you wingnutters are stoopid :(

The stupid calling others stupid. Again Dumbfuck, the only tax write-off is for moving expenses--nothing else. THERE ARE NO OTHER TAX DEDUCTIONS for moving jobs overseas. It's your typical Democrat dog and pony show. They knew Republicans would vote against it so they could create the lies that you believe.



So after getting called out you change your posit Cupcake?

But WHY would the GOP vote against stopping Corps from outsourcing US and then deducting the costs associated? Come on Buttercup????
Federal Government waste, and taxation without representation… The deep state needs to lose its meal ticket. Try and keep up fester
 
I warned you:

FULL ANSWER

Do companies get a tax break for shipping U.S. jobs overseas? Several readers asked us that question after it came up during the first debate between President Obama and Mitt Romney.

Obama claimed that “companies that are shipping jobs overseas” get tax breaks, saying that they “can actually take a deduction for moving a plant overseas.” But Mitt Romney said that he had “no idea” what the president was talking about, adding that “the idea that you get a break for shipping jobs overseas is simply not the case.” And both men are right, in a way.

There is no specific tax break for the sole purpose of relocating a U.S. job to another country, as Romney said. But the tax code does allow companies to deduct business expenses when calculating their tax liability. And those expenses can include the costs of moving a job to another state or even to another country, according to tax experts with whom we spoke. The White House confirmed in an email that that is what Obama was referring to in the debate.

“Firms can generally deduct business expenses,” said Kimberly Clausing, the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. “Thus, of course, if firms incurred expenses in moving abroad, they would be able to deduct those expenses.”

“My interpretation is that the President’s statement was accurate,” she said in an email to FactCheck.org

William McBride, chief economist for the pro-business Tax Foundation, agreed with her point about the ability of companies to deduct moving costs as a business expense.

“There are no special tax provisions that provide incentives to move overseas, but, of course, in general, the IRS allows companies to deduct business expenses, one of which is moving expenses, whether within the U.S. or abroad,” he said.

Talking Tax Breaks for Offshoring - FactCheck.org

Senate Republicans block bill to end tax breaks for outsourcing


Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.

Republicans block ending offshore jobs tax breaks

corporate-subsidies.jpg

And it's Democrats lying as usual. Again, from FactCheck: THERE ARE NO TAX INCENTIVES TO MOVE JOBS OVERSEAS! Nobody moves to get a moving tax deduction. And as another FactCheck article points out, even left-wing economists agree that taking that moving expense away will not save one job. God you liberals are thick.


Once more dumbfuck



"Hey dumbfuck, think the US Gov't could set the rules for who sells in the worlds largest economy, if it wanted too?


You know like stopping the ability to write off shipping jobs oversea? Having strong policy on creating FAIR trade vs CONservatives "free trade" BS?"


WHERE DOES IT SAY INCENTIVES CUPCAKE?

Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.



Gawd you wingnutters are stoopid :(

The stupid calling others stupid. Again Dumbfuck, the only tax write-off is for moving expenses--nothing else. THERE ARE NO OTHER TAX DEDUCTIONS for moving jobs overseas. It's your typical Democrat dog and pony show. They knew Republicans would vote against it so they could create the lies that you believe.



So after getting called out you change your posit Cupcake?

But WHY would the GOP vote against stopping Corps from outsourcing US and then deducting the costs associated? Come on Buttercup????

Because it wouldn't save one job, that's why. Democrats are experts on playing politics, wasting time and money, and bullshitting people like you. And I changed nothing. I proved my point that there are no tax incentives for moving jobs or companies overseas. It's a liberal lie, and no company is incentivized by moving out of the country for a moving tax write-off. It's not that much anyway.
 
The welfare rolls rose to a record level almost 20% during the Obama administration and he bragged about it rather than address it as a crisis. The dirty little secret is that democrats would rather have a welfare state than a market economy. A large amount of welfare goes to illegal criminals who shouldn't be in the Country in the first place so it makes weird sense that the democrat party encourages illegal immigration and subsequent government dependency.


WHY did it increase after 8 years of Dubya/GOP "job creator" policies (that Cheeto wants to put on steroids)?


84934_600.jpg



Bragged huh Cupcake? That was prob Ronnie Reagan

Ronald Reagan calls for an open border with Mexico, 1980


 
The welfare rolls rose to a record level almost 20% during the Obama administration and he bragged about it rather than address it as a crisis. The dirty little secret is that democrats would rather have a welfare state than a market economy. A large amount of welfare goes to illegal criminals who shouldn't be in the Country in the first place so it makes weird sense that the democrat party encourages illegal immigration and subsequent government dependency.
The Federal government thinks playing Robin Hood is the cool thing... its political Viagra to the progressive.
For the record "Robin Hood" was a drunk inbred killer and a common thief.
 
The welfare rolls rose to a record level almost 20% during the Obama administration and he bragged about it rather than address it as a crisis. The dirty little secret is that democrats would rather have a welfare state than a market economy. A large amount of welfare goes to illegal criminals who shouldn't be in the Country in the first place so it makes weird sense that the democrat party encourages illegal immigration and subsequent government dependency.


WHY did it increase after 8 years of Dubya/GOP "job creator" policies (that Cheeto wants to put on steroids)?


84934_600.jpg



Bragged huh Cupcake? That was prob Ronnie Reagan

Ronald Reagan calls for an open border with Mexico, 1980


You're falling behind again fester, there is no difference between career politicians no matter what side of the aisle they say their on.
Like I said you're gullible fucker… LOL
 
Why not blame the guy who was responsible? Obama vowed to replace oil energy with expensive so-called renewable energy that never worked and American factories couldn't compete. Both Obama and Hillary vowed to shut down the coal industry which was the only source of income in some Red States. During the Obama eight (long, long ) years the GDP barely nudged over 1% while Obama invested millions of taxpayer dollars in dying solar companies like Solyndra that were obviously on the verge of bankruptcy to pay off campaign supporters. God only knows why the Obama administration shipped boxcars loaded with a billion dollars of American taxpayer cash to Iran. Red States could have used the money but Hussein and Hillary only cared about Wall Street bankers. Why is it a surprise to lefties that Red States want a better life after the stagnation of the Hussein years? It's going to be a long haul but Trump took a step in the right direction by getting the U.S. out of that extortion scam called "Paris climate treaty" and plans to re-negotiate NAFTA which was a ludicrous mess designed to bring the U.S. down on a level playing ground with 3rd world countries. Meanwhile lefties on the forum seem to rely on cartoons to speak for them rather than words just like they did during the good old days in the 3rd grade.


Weird almost like Dubya/GOP 8 years never existed in right wing world Cupcake?

I mean Solndra WAS under the program started by a GOP Prez and GOP Congress right?

Obama DID try to get a few GOP votes for the stimulus which keep US out of GOP great depression 2.0, by including 40% tax breaks in his stimulus right?

Solyndra MORE CONservative nonsense!

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/


Solyndra=1% of DOE energy money


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009


Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."
http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html


After Solyndra Loss, U.S. Energy Loan Program Turning A Profit
After Solyndra Loss, U.S. Energy Loan Program Turning A Profit
Kos-67.jpg


"Congress - Democrats and Republicans - put together a loan guarantee program because they understood historically that when you get new industries, it's easy to raise money for start-ups, but if you want to take them to scale, oftentimes there's a lot of risk involved, and what the loan guarantee program was designed to do was to help start up companies get to scale," he said.

Obama rightly notes that Congress created with bipartisan support an Energy Department loan guarantee program for clean energy start-ups in 2005, during the George W. Bush administration.

However, he incorrectly suggests Solyndra received its financing from that 2005 appropriation of funds. Instead, the company's $500 million in fast-tracked loan guarantees came from a new section of the program created by the 2009 American Recovery and Reinvestment Act, also known as the stimulus. The Recovery Act did not receive any GOP votes.

Obama: Solyndra 'Not Our Program Per Se'


Wait NOW you want to change gears and just upset because Obama didn't take credit for Solyndra? EVEN THOUGH OVERALL THE PROGRAM TURNED A PROFIT?

And Wall Street even liked Solyndra?


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009



WHEN DID THE STIMULUS PASS AGAIN CUPCAKE?



Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."

http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/

DOE Official: "It's The Same Group Of Career Professionals That Were On The First Committee."
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

As ABC News reported, the money Solyndra got was from Obama--not Bush.
 
Senate Republicans block bill to end tax breaks for outsourcing


Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.

Republicans block ending offshore jobs tax breaks

corporate-subsidies.jpg

And it's Democrats lying as usual. Again, from FactCheck: THERE ARE NO TAX INCENTIVES TO MOVE JOBS OVERSEAS! Nobody moves to get a moving tax deduction. And as another FactCheck article points out, even left-wing economists agree that taking that moving expense away will not save one job. God you liberals are thick.


Once more dumbfuck



"Hey dumbfuck, think the US Gov't could set the rules for who sells in the worlds largest economy, if it wanted too?


You know like stopping the ability to write off shipping jobs oversea? Having strong policy on creating FAIR trade vs CONservatives "free trade" BS?"


WHERE DOES IT SAY INCENTIVES CUPCAKE?

Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.



Gawd you wingnutters are stoopid :(

The stupid calling others stupid. Again Dumbfuck, the only tax write-off is for moving expenses--nothing else. THERE ARE NO OTHER TAX DEDUCTIONS for moving jobs overseas. It's your typical Democrat dog and pony show. They knew Republicans would vote against it so they could create the lies that you believe.



So after getting called out you change your posit Cupcake?

But WHY would the GOP vote against stopping Corps from outsourcing US and then deducting the costs associated? Come on Buttercup????

Because it wouldn't save one job, that's why. Democrats are experts on playing politics, wasting time and money, and bullshitting people like you. And I changed nothing. I proved my point that there are no tax incentives for moving jobs or companies overseas. It's a liberal lie, and no company is incentivized by moving out of the country for a moving tax write-off. It's not that much anyway.

So instead of NOT saving jobs (your premise), the GOP preferred reduced tax revenues by Corps that off shore US jobs?

And Cupcake, YOU keep mentioning something about incentives to move jobs off shore that I NEVER MENTIONED. How is that strawman?


The Bring Jobs Home Act (S. 2569) is a bill that would amend the Internal Revenue Code to grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and relocating it within the United States, and deny a tax deduction for outsourcing ...
 
The welfare rolls rose to a record level almost 20% during the Obama administration and he bragged about it rather than address it as a crisis. The dirty little secret is that democrats would rather have a welfare state than a market economy. A large amount of welfare goes to illegal criminals who shouldn't be in the Country in the first place so it makes weird sense that the democrat party encourages illegal immigration and subsequent government dependency.


WHY did it increase after 8 years of Dubya/GOP "job creator" policies (that Cheeto wants to put on steroids)?


84934_600.jpg



Bragged huh Cupcake? That was prob Ronnie Reagan

Ronald Reagan calls for an open border with Mexico, 1980


You're falling behind again fester, there is no difference between career politicians no matter what side of the aisle they say their on.
Like I said you're gullible fucker… LOL


Sure Cupcake, no difference

US-national-debt-GDP.png
 
Why not blame the guy who was responsible? Obama vowed to replace oil energy with expensive so-called renewable energy that never worked and American factories couldn't compete. Both Obama and Hillary vowed to shut down the coal industry which was the only source of income in some Red States. During the Obama eight (long, long ) years the GDP barely nudged over 1% while Obama invested millions of taxpayer dollars in dying solar companies like Solyndra that were obviously on the verge of bankruptcy to pay off campaign supporters. God only knows why the Obama administration shipped boxcars loaded with a billion dollars of American taxpayer cash to Iran. Red States could have used the money but Hussein and Hillary only cared about Wall Street bankers. Why is it a surprise to lefties that Red States want a better life after the stagnation of the Hussein years? It's going to be a long haul but Trump took a step in the right direction by getting the U.S. out of that extortion scam called "Paris climate treaty" and plans to re-negotiate NAFTA which was a ludicrous mess designed to bring the U.S. down on a level playing ground with 3rd world countries. Meanwhile lefties on the forum seem to rely on cartoons to speak for them rather than words just like they did during the good old days in the 3rd grade.


Weird almost like Dubya/GOP 8 years never existed in right wing world Cupcake?

I mean Solndra WAS under the program started by a GOP Prez and GOP Congress right?

Obama DID try to get a few GOP votes for the stimulus which keep US out of GOP great depression 2.0, by including 40% tax breaks in his stimulus right?

Solyndra MORE CONservative nonsense!

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/


Solyndra=1% of DOE energy money


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009


Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."
http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html


After Solyndra Loss, U.S. Energy Loan Program Turning A Profit
After Solyndra Loss, U.S. Energy Loan Program Turning A Profit
Kos-67.jpg


"Congress - Democrats and Republicans - put together a loan guarantee program because they understood historically that when you get new industries, it's easy to raise money for start-ups, but if you want to take them to scale, oftentimes there's a lot of risk involved, and what the loan guarantee program was designed to do was to help start up companies get to scale," he said.

Obama rightly notes that Congress created with bipartisan support an Energy Department loan guarantee program for clean energy start-ups in 2005, during the George W. Bush administration.

However, he incorrectly suggests Solyndra received its financing from that 2005 appropriation of funds. Instead, the company's $500 million in fast-tracked loan guarantees came from a new section of the program created by the 2009 American Recovery and Reinvestment Act, also known as the stimulus. The Recovery Act did not receive any GOP votes.

Obama: Solyndra 'Not Our Program Per Se'


Wait NOW you want to change gears and just upset because Obama didn't take credit for Solyndra? EVEN THOUGH OVERALL THE PROGRAM TURNED A PROFIT?

And Wall Street even liked Solyndra?


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009



WHEN DID THE STIMULUS PASS AGAIN CUPCAKE?



Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."

http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/

DOE Official: "It's The Same Group Of Career Professionals That Were On The First Committee."
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

As ABC News reported, the money Solyndra got was from Obama--not Bush.

Yet the overall program that passed in 2005 that the Congress set aside $10 billion for in expected losses, turned a profit. Go figure :)
 
Okay, so if you die at 66 or 68, you still put much more in than you got out, and your family gets nothing.

Well, that's not true. Your widow collects until she dies. Also before your Boy Ronnie Reagan fucked this up, if you were a college kid whose dad died before 65, like mine did, you got payments.

Again. Ronnie Reagan fucked that up on the "No Dressage Horse Left Behind' bill

Then obviously you don't know many foreign business owners. If they were affluent, they wouldn't have left their country in the first place. America gives everybody (regardless of race) the opportunity to follow their dreams. But dreams will not follow you, and that's why blacks are a failure in the US.

No, Blacks struggle (there are a lot doing better than you, but most do better than you) because we've had 400 years of a system keeping them down.

YOu see, I'd love to do something. Take a class from Chicago and put them in the Evanston schools, and then take a class from Evanston and put them in Chicago schools. That would be interesting.

I'm blaming government in general. It's government that restricts me from applying to 95% of jobs in my field of work. Get government out of my way and I'll have tons of companies begging me to work for them.

Guy, you probably can't get a job because if you are openly as racist, misogynistic and homophobic IRL as you are here, they'd spot you a mile off as an EEOC lawsuit waiting to happen, so yeah, maybe government is your problem. I think it's more that you are a racist, misogynistic and homophobic asshole, though.

Experience is everything. I've lived here for more than 30 years, and I've seen what changes do to a city. It used to be thriving with the best school system in the county. Our malls were the best in the country at one time. The actor Ted Knight (famous for his role Ted Baxter on the Mary Tyler Moor show) used to come here and do commercials for the mall. Today? My property value is half of what I paid for this place 23 years ago.

So now it's black people's fault that you made bad investments.

Here's the reason why Cleveland is a shithole. Because after the 1% got threw with it, they threw it away.

But you keep blaming the black folks who weren't affluent enough to get out when the white people did.
 
Well, that's not true. Your widow collects until she dies. Also before your Boy Ronnie Reagan fucked this up, if you were a college kid whose dad died before 65, like mine did, you got payments.

Again. Ronnie Reagan fucked that up on the "No Dressage Horse Left Behind' bill

College kids can earn money, they don't need Social Security. What Reagan did was see a problem in the future and did something about it. Democrats keep telling us "Don't worry, nothing to see here. Let us handle it!" And now the fund is being depleted to the point their only solution is to keep raising the retirement age.

No, Blacks struggle (there are a lot doing better than you, but most do better than you) because we've had 400 years of a system keeping them down.

YOu see, I'd love to do something. Take a class from Chicago and put them in the Evanston schools, and then take a class from Evanston and put them in Chicago schools. That would be interesting.

Yeah, that's pretty much what happened here. I can tell you the result ahead of time.

You don't even realize you're contradicting yourself. First you say how great blacks are doing, and then follow that with your BS 400 years of keeping people down. Well?????? Which is it? Because if people are being kept down, there is no way for them to be doing better. If some are doing fine while others are not, there is nobody keeping anybody down. There are people who were responsible enough to advance in our great country and others who did not. So your theory falls apart right there.

Guy, you probably can't get a job because if you are openly as racist, misogynistic and homophobic IRL as you are here, they'd spot you a mile off as an EEOC lawsuit waiting to happen, so yeah, maybe government is your problem. I think it's more that you are a racist, misogynistic and homophobic asshole, though.

I can't even apply for those jobs thanks to government restrictions so they don't know me from Adam. Furthermore I'm sure most employers are not self-loathing whites like yourself who see racism at every corner of the street. Most are rational and mentally stable with no hangups I'm sure.

So now it's black people's fault that you made bad investments.

It was a great investment until blacks moved in. Crime, filth and noise brings down property value greatly.

Here's the reason why Cleveland is a shithole. Because after the 1% got threw with it, they threw it away.

But you keep blaming the black folks who weren't affluent enough to get out when the white people did.

This is true, particularly when bussing came along. White people with money moved out of the city into the burbs and country. That left Cleveland with a population of people with no money. No money, no tax collections. We've never recovered from that disaster and many cities did not either. You should know by now how liberal policies destroy things. The last Republican Mayor of Cleveland we had was Mayor Voinovich, and he left to become Governor, and then Senator. That's how long it's been.
 
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Why not blame the guy who was responsible? Obama vowed to replace oil energy with expensive so-called renewable energy that never worked and American factories couldn't compete. Both Obama and Hillary vowed to shut down the coal industry which was the only source of income in some Red States. During the Obama eight (long, long ) years the GDP barely nudged over 1% while Obama invested millions of taxpayer dollars in dying solar companies like Solyndra that were obviously on the verge of bankruptcy to pay off campaign supporters. God only knows why the Obama administration shipped boxcars loaded with a billion dollars of American taxpayer cash to Iran. Red States could have used the money but Hussein and Hillary only cared about Wall Street bankers. Why is it a surprise to lefties that Red States want a better life after the stagnation of the Hussein years? It's going to be a long haul but Trump took a step in the right direction by getting the U.S. out of that extortion scam called "Paris climate treaty" and plans to re-negotiate NAFTA which was a ludicrous mess designed to bring the U.S. down on a level playing ground with 3rd world countries. Meanwhile lefties on the forum seem to rely on cartoons to speak for them rather than words just like they did during the good old days in the 3rd grade.


Weird almost like Dubya/GOP 8 years never existed in right wing world Cupcake?

I mean Solndra WAS under the program started by a GOP Prez and GOP Congress right?

Obama DID try to get a few GOP votes for the stimulus which keep US out of GOP great depression 2.0, by including 40% tax breaks in his stimulus right?

Solyndra MORE CONservative nonsense!

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/


Solyndra=1% of DOE energy money


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009


Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."
http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html


After Solyndra Loss, U.S. Energy Loan Program Turning A Profit
After Solyndra Loss, U.S. Energy Loan Program Turning A Profit
Kos-67.jpg


"Congress - Democrats and Republicans - put together a loan guarantee program because they understood historically that when you get new industries, it's easy to raise money for start-ups, but if you want to take them to scale, oftentimes there's a lot of risk involved, and what the loan guarantee program was designed to do was to help start up companies get to scale," he said.

Obama rightly notes that Congress created with bipartisan support an Energy Department loan guarantee program for clean energy start-ups in 2005, during the George W. Bush administration.

However, he incorrectly suggests Solyndra received its financing from that 2005 appropriation of funds. Instead, the company's $500 million in fast-tracked loan guarantees came from a new section of the program created by the 2009 American Recovery and Reinvestment Act, also known as the stimulus. The Recovery Act did not receive any GOP votes.

Obama: Solyndra 'Not Our Program Per Se'


Wait NOW you want to change gears and just upset because Obama didn't take credit for Solyndra? EVEN THOUGH OVERALL THE PROGRAM TURNED A PROFIT?

And Wall Street even liked Solyndra?


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009



WHEN DID THE STIMULUS PASS AGAIN CUPCAKE?



Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."

http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/

DOE Official: "It's The Same Group Of Career Professionals That Were On The First Committee."
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

As ABC News reported, the money Solyndra got was from Obama--not Bush.

Yet the overall program that passed in 2005 that the Congress set aside $10 billion for in expected losses, turned a profit. Go figure :)

That money was not just for Solyndra, it was for a bunch of projects. But Bush didn't allow the funds for Solyndra because of their sketchy history. Obama didn't care. In spite of their problems, he gave out tax money away because Solyndra was one of his pet projects.
 
And it's Democrats lying as usual. Again, from FactCheck: THERE ARE NO TAX INCENTIVES TO MOVE JOBS OVERSEAS! Nobody moves to get a moving tax deduction. And as another FactCheck article points out, even left-wing economists agree that taking that moving expense away will not save one job. God you liberals are thick.


Once more dumbfuck



"Hey dumbfuck, think the US Gov't could set the rules for who sells in the worlds largest economy, if it wanted too?


You know like stopping the ability to write off shipping jobs oversea? Having strong policy on creating FAIR trade vs CONservatives "free trade" BS?"


WHERE DOES IT SAY INCENTIVES CUPCAKE?

Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.



Gawd you wingnutters are stoopid :(

The stupid calling others stupid. Again Dumbfuck, the only tax write-off is for moving expenses--nothing else. THERE ARE NO OTHER TAX DEDUCTIONS for moving jobs overseas. It's your typical Democrat dog and pony show. They knew Republicans would vote against it so they could create the lies that you believe.



So after getting called out you change your posit Cupcake?

But WHY would the GOP vote against stopping Corps from outsourcing US and then deducting the costs associated? Come on Buttercup????

Because it wouldn't save one job, that's why. Democrats are experts on playing politics, wasting time and money, and bullshitting people like you. And I changed nothing. I proved my point that there are no tax incentives for moving jobs or companies overseas. It's a liberal lie, and no company is incentivized by moving out of the country for a moving tax write-off. It's not that much anyway.

So instead of NOT saving jobs (your premise), the GOP preferred reduced tax revenues by Corps that off shore US jobs?

And Cupcake, YOU keep mentioning something about incentives to move jobs off shore that I NEVER MENTIONED. How is that strawman?


The Bring Jobs Home Act (S. 2569) is a bill that would amend the Internal Revenue Code to grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and relocating it within the United States, and deny a tax deduction for outsourcing ...

There is no tax deduction for outsourcing. I can't put it any other way than plain English. As for that phony bill, another dog and pony show. On one hand, the Democrats claim they can bring jobs back by lower taxes, and on the other hand, they tell us reducing taxes for all businesses would not help in job creation. Which is it because you can't have it both ways?

If I am an American widget company owner, and I pay X in taxes, how would it be fair to me if this phony bill became law, and the American owned foreign widget company came back getting 20% tax break that I (who didn't leave the country) didn't get? That would put me out of business, so where are the new jobs?

Democrat politicians are born liars. Don't listen to them.
 
And it's Democrats lying as usual. Again, from FactCheck: THERE ARE NO TAX INCENTIVES TO MOVE JOBS OVERSEAS! Nobody moves to get a moving tax deduction. And as another FactCheck article points out, even left-wing economists agree that taking that moving expense away will not save one job. God you liberals are thick.


Once more dumbfuck



"Hey dumbfuck, think the US Gov't could set the rules for who sells in the worlds largest economy, if it wanted too?


You know like stopping the ability to write off shipping jobs oversea? Having strong policy on creating FAIR trade vs CONservatives "free trade" BS?"


WHERE DOES IT SAY INCENTIVES CUPCAKE?

Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.



Gawd you wingnutters are stoopid :(
Try to keep up fester, those companies would not be moving if they were not overtaxed… Taxation without representation


Sure Cupcake, sure

Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


The interesting thing about the corporate rate is that corporate profits, as a percentage of GDP last year were the highest or just about the highest in the last 50 years. They were ten and a fraction percent of GDP. That’s higher than we’ve seen in 50 years. The corporate taxes as a percentage of GDP were 1.2 percent, $180 billion. That’s just about the lowest we’ve seen. So our corporate tax rate last year, effectively, in terms of taxes paid for the United States, was around 12 percent, which is well below those existing in most of the industrialized countries around the world. So it is a myth that American corporations are paying 35 percent or anything like it…Corporate taxes are not strangling American competitiveness.

Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High

Effective_Corporate_Tax_Rate_OECD_Countries%2C_2000-2005_Average.jpg
Each individual company has to determine when taxes are too high… It's not up to the federal government. The federal government knows nothing of business… Try and keep up fester



Yes Cupcake, Gov't can't just decide to tell the Corps who don't want to play by RULES we set up to go fuck themselves if they don't want to create jobs in the US and instead off shore the jobs WHILE deducting those expenses (which Dems tried to stop and the GOP blocked)?



Grow a brain Cupcake
Ooooooohhhh, look, Mumsie... a LibTard "cupcake", copy-catting Conservatives' use of the word... so few LibTards have even the tiniest sliver of originality.

Yeah... Dems tried to stop all that... NAFTA... TPP... that kind of effort by the Dems... trying to stop jobs from going off-shore, right? Ssuuuurrree !!! Not.

Maybe... one day... a long time from now... when you finally get to put on your Big Boy Pants... you'll figure out that Dems are just as full of $hit as Pubs...

It's just a different smell and a different flavor coming from a different angle...

Donkey $hit is, indeed, different from Elephant $hit...

But it's still $hit..

=======================================================

Meanwhile...

When the Pubs pull the plug on SNAP, or, at least, when they shave it down to within an inch of its life...

6.9% of the White population will be impacted...

28.29% of the Black population will be impacted...

http://www.usmessageboard.com/posts/17419822/

Sounds like great fun...

Enjoy...
 
Last edited:
Republicans will do nothing for the poor.
Trying to create a positive pro growth business environment has everything to do with helping the poor. More jobs.

What does not help the poor is flooding the country with no-skill workers that compete for entry level jobs.



HOW THE FUCK IS GUTTING THE LOWEST SUSTAINED EFFECTIVE TAXES ON THOSE "JOB CREATORS", GOING TO CREATE "PRO GROWTH" POLICIES CUPCAKE? Another excuse to gut taxes for the rich, take safety nets away from the WORKING poor and blow up the debt like EVERY TIME trickle down is tried!!
The "rich" are the only one that pay taxes, so shut your pie hole and show a little appreciation, because we are carrying your ass.
 
Well, that's not true. Your widow collects until she dies. Also before your Boy Ronnie Reagan fucked this up, if you were a college kid whose dad died before 65, like mine did, you got payments.

Again. Ronnie Reagan fucked that up on the "No Dressage Horse Left Behind' bill

College kids can earn money, they don't need Social Security. What Reagan did was see a problem in the future and did something about it. Democrats keep telling us "Don't worry, nothing to see here. Let us handle it!" And now the fund is being depleted to the point their only solution is to keep raising the retirement age.

No, Blacks struggle (there are a lot doing better than you, but most do better than you) because we've had 400 years of a system keeping them down.

YOu see, I'd love to do something. Take a class from Chicago and put them in the Evanston schools, and then take a class from Evanston and put them in Chicago schools. That would be interesting.

Yeah, that's pretty much what happened here. I can tell you the result ahead of time.

You don't even realize you're contradicting yourself. First you say how great blacks are doing, and then follow that with your BS 400 years of keeping people down. Well?????? Which is it? Because if people are being kept down, there is no way for them to be doing better. If some are doing fine while others are not, there is nobody keeping anybody down. There are people who were responsible enough to advance in our great country and others who did not. So your theory falls apart right there.

Guy, you probably can't get a job because if you are openly as racist, misogynistic and homophobic IRL as you are here, they'd spot you a mile off as an EEOC lawsuit waiting to happen, so yeah, maybe government is your problem. I think it's more that you are a racist, misogynistic and homophobic asshole, though.

I can't even apply for those jobs thanks to government restrictions so they don't know me from Adam. Furthermore I'm sure most employers are not self-loathing whites like yourself who see racism at every corner of the street. Most are rational and mentally stable with no hangups I'm sure.

So now it's black people's fault that you made bad investments.

It was a great investment until blacks moved in. Crime, filth and noise brings down property value greatly.

Here's the reason why Cleveland is a shithole. Because after the 1% got threw with it, they threw it away.

But you keep blaming the black folks who weren't affluent enough to get out when the white people did.

This is true, particularly when bussing came along. White people with money moved out of the city into the burbs and country. That left Cleveland with a population of people with no money. No money, no tax collections. We've never recovered from that disaster and many cities did not either. You should know by now how liberal policies destroy things. The last Republican Mayor of Cleveland we had was Mayor Voinovich, and he left to become Governor, and then Senator. That's how long it's been.

" What Reagan did was see a problem in the future and did something about it. Democrats keep telling us "Don't worry, nothing to see here. Let us handle it!" And now the fund is being depleted to the point their only solution is to keep raising the retirement age."


WEIRD YOU MEAN RONNIE "SAVING" SS BY LOWERING COSTS AND INCREASING TAXES ON THE POOR/MIDDLE CLASS, NOW THAT $2.7+ TRILLION IN EXCESS SS PAYMENTS WERE USED TO HIDE THE COSTS OF TAX CUTS (AND FUND GOV'T THE PAST 30 YEARS), IS TO INCREASE THE RETIREMENT AGE HIGHER???
 
Weird almost like Dubya/GOP 8 years never existed in right wing world Cupcake?

I mean Solndra WAS under the program started by a GOP Prez and GOP Congress right?

Obama DID try to get a few GOP votes for the stimulus which keep US out of GOP great depression 2.0, by including 40% tax breaks in his stimulus right?

Solyndra MORE CONservative nonsense!

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/


Solyndra=1% of DOE energy money


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009


Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."
http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html


After Solyndra Loss, U.S. Energy Loan Program Turning A Profit
After Solyndra Loss, U.S. Energy Loan Program Turning A Profit
Kos-67.jpg


"Congress - Democrats and Republicans - put together a loan guarantee program because they understood historically that when you get new industries, it's easy to raise money for start-ups, but if you want to take them to scale, oftentimes there's a lot of risk involved, and what the loan guarantee program was designed to do was to help start up companies get to scale," he said.

Obama rightly notes that Congress created with bipartisan support an Energy Department loan guarantee program for clean energy start-ups in 2005, during the George W. Bush administration.

However, he incorrectly suggests Solyndra received its financing from that 2005 appropriation of funds. Instead, the company's $500 million in fast-tracked loan guarantees came from a new section of the program created by the 2009 American Recovery and Reinvestment Act, also known as the stimulus. The Recovery Act did not receive any GOP votes.

Obama: Solyndra 'Not Our Program Per Se'


Wait NOW you want to change gears and just upset because Obama didn't take credit for Solyndra? EVEN THOUGH OVERALL THE PROGRAM TURNED A PROFIT?

And Wall Street even liked Solyndra?


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009



WHEN DID THE STIMULUS PASS AGAIN CUPCAKE?



Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."

http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/

DOE Official: "It's The Same Group Of Career Professionals That Were On The First Committee."
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

As ABC News reported, the money Solyndra got was from Obama--not Bush.

Yet the overall program that passed in 2005 that the Congress set aside $10 billion for in expected losses, turned a profit. Go figure :)

That money was not just for Solyndra, it was for a bunch of projects. But Bush didn't allow the funds for Solyndra because of their sketchy history. Obama didn't care. In spite of their problems, he gave out tax money away because Solyndra was one of his pet projects.


Got it Cupcake, you'll stick with the right wing lie. I'm shocked Cupcake

Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:
Investors eye top startups as IPO market awakens - Aug. 19, 2009



WHEN DID THE STIMULUS PASS AGAIN CUPCAKE?



Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."

http://www.bloomberg.com/news/2011-...-solopower-cut-costs-to-avoid-bankruptcy.html

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897

DOE Under Bush Admin. Set Out Timeline For Completing Solyndra Review
http://energy.gov/sites/prod/files/Solar Background Document 1.pdf

In March, The Same Credit Committee Of Career Civil Servants recommended Approval
http://thinkprogress.org/climate/20...-bush-administration-solyndra-loan-guarantee/

DOE Official: "It's The Same Group Of Career Professionals That Were On The First Committee."
http://energycommerce.house.gov/hearings/hearingdetail.aspx?NewsID=8897


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

January 2009: In an effort to show it has done something to support renewable energy, the Bush Administration tries to take Solyndra before a DOE credit review committee before President Obama is inaugurated. The committee, consisting of career civil servants with financial expertise, remands the loan back to DOE “without prejudice” because it wasn’t ready for conditional commitment.

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


ANY OTHER LIES YOU WANT DEMOLISHED CUPCAKE?



 

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