Commuity Organizer failure in business

• Belly35

  

  Clearly again Obama is a failure in business also.. WTF is this guy good at …
  
  http://www.foxnews.com/politics/2012/08/02/probe-faults-pressure-to-promote-stimulus-in-535m-solyndra-loan-approval/
  
  535M tax dollars for Solyndra pissed away by pressure from the White House and the Obama campaign what to bitch about Rommey tax rate….
  Whatever Rommey has or has not paid in taxes sure the hell doesn’t add up to this cluster fuck waste of tax money….
• Devils Advocate

  

  I can think of 3 things he is good at.....
  
  
  
  Spending money
  
  getting elected
  
  and making the rights head explode.
• BoatShoes

  ccrunner609;1239096 wrote:I am so sick of the tax record thing. If Romney payed no taxes and played within the rules then who gives a fuck.
  
  It wreaks of depseration by Dems cause they know they cant run on any record on their side.

  Some reasonable people might be concerned if he failed to disclose his swiss bank account at known accessory to tax evasion UBS to the IRS and then took part in their amnesty program in 2009. Doesn't seem like that would be within the rules.
• gut

  As for Solyndra I'll say this. I support stimululs and federal spending on green energy. I think it can be a massive competitive advantage and source of wealth and jobs in the future. But direct investment from the govt may not be the way to go. Historically they've helped fledgling industries (such as Silicon Valley) with the tax code and small grants.
  
  Companies fail. Solyndra is not the big ugly to me that you might think it would be. But such investments add nothing other than to crowd out private investment, so it's literally a waste of taxpayer money. However, that one in particular is more tangible with higher potential than a lot of literally crap this administration has funded.
• Abe Vigoda

  

  gut;1239156 wrote:As for Solyndra I'll say this. I support stimululs and federal spending on green energy. I think it can be a massive competitive advantage and source of wealth and jobs in the future. But direct investment from the govt may not be the way to go. Historically they've helped fledgling industries (such as Silicon Valley) with the tax code and small grants.
  
  Companies fail. Solyndra is not the big ugly to me that you might think it would be. But such investments add nothing other than to crowd out private investment, so it's literally a waste of taxpayer money. However, that one in particular is more tangible with higher potential than a lot of literally crap this administration has funded.

  Solyndra's loan approval process began under the Bush administration.

  Interesting fact?
  

  Republican presidential candidate Mitt Romney visited the empty Solyndra factory in mid-2012 as his campaign shifted from the primaries toward the convention and the general election. He criticized the bankruptcy and President Obama's previous support.[SUP][31][/SUP] Soon after Romney's visit to Solyndra another solar energy company, Konarka, declared bankruptcy. As Solyndra, Konarka had received federal financial support. But Konarka also had received 2002 financial support from then-Massachusetts Governor Romney's administration. As such Konarka became something of a counterpoint to Solyndra in the political exchange with the Democratic president.[SUP][32][/SUP][SUP][33][/SUP]

  Who knew?
  

  Research conducted by the World Pensions Council (WPC) suggests that the failure of Solyndra should be viewed within the broader context of unsustainable government spending on sustainable energy, and that the Solyndra bankruptcy was a harbinger of the collapse of the German solar cell industry in the first quarter of 2012- both events being "stark reminders of the risks that go with disproportionate levels ofleveraging and the reliance on unsustainable government subsidies and unreasonable fiscal incentives to 'stimulate' demand. In many ways, real estate and solar energy assets were de facto owned by 'unnatural owners' such as banks, and, when the banks collapsed, by Western governments unable or unwilling to provide fresh capital" in a context of fiscal austerity and tighter credit limits.[SUP][34][/SUP]

  So are you saying is it bad policy for government not to support alternative energy sources?
  

  The company manufactured its products in its second fab, Fab 2, a new $733 million state-of-the-art robotic facility in Fremont, California which opened in September 2010. Fab 2 was built with the support of a $535 million federal loan guarantee along with at least $198 million from private investors. According to an initial public offering by the company, the combined annual production capacity of the plants was projected to be 610 megawatts by 2013. After expanding production in 2008,[SUP][6][/SUP] the company announced on November 3, 2010 that it was mothballing its older plant, Fab 1, and postponing expansion of recently opened Fab 2, giving it an annual production capacity of about 300 megawatts. Market conditions were cited, with conventional solar modules manufactured in China by low-cost producers such asSuntech and Yingli offering stiff competition.[SUP][35][/SUP]

  Seems to me this is just politics as usual.
  
  http://en.wikipedia.org/wiki/Solyndra
• Abe Vigoda

  

  Belly35;1239021 wrote:Clearly again Obama is a failure in business also.. WTF is this guy good at …
  
  http://www.foxnews.com/politics/2012/08/02/probe-faults-pressure-to-promote-stimulus-in-535m-solyndra-loan-approval/
  
  535M tax dollars for Solyndra pissed away by pressure from the White House and the Obama campaign what to bitch about Rommey tax rate….
  Whatever Rommey has or has not paid in taxes sure the hell doesn’t add up to this cluster **** waste of tax money….

  Solyndra's loan approval process began under the Bush administration.

  Interesting fact?
  

  Republican presidential candidate Mitt Romney visited the empty Solyndra factory in mid-2012 as his campaign shifted from the primaries toward the convention and the general election. He criticized the bankruptcy and President Obama's previous support.[SUP][31][/SUP] Soon after Romney's visit to Solyndra another solar energy company, Konarka, declared bankruptcy. As Solyndra, Konarka had received federal financial support. But Konarka also had received 2002 financial support from then-Massachusetts Governor Romney's administration. As such Konarka became something of a counterpoint to Solyndra in the political exchange with the Democratic president.[SUP][32][/SUP][SUP][33][/SUP]

  Who knew?
  

  Research conducted by the World Pensions Council (WPC) suggests that the failure of Solyndra should be viewed within the broader context of unsustainable government spending on sustainable energy, and that the Solyndra bankruptcy was a harbinger of the collapse of the German solar cell industry in the first quarter of 2012- both events being "stark reminders of the risks that go with disproportionate levels ofleveraging and the reliance on unsustainable government subsidies and unreasonable fiscal incentives to 'stimulate' demand. In many ways, real estate and solar energy assets were de facto owned by 'unnatural owners' such as banks, and, when the banks collapsed, by Western governments unable or unwilling to provide fresh capital" in a context of fiscal austerity and tighter credit limits.[SUP][34][/SUP]

  So are you saying is it bad policy for government not to support alternative energy sources?
  

  The company manufactured its products in its second fab, Fab 2, a new $733 million state-of-the-art robotic facility in Fremont, California which opened in September 2010. Fab 2 was built with the support of a $535 million federal loan guarantee along with at least $198 million from private investors. According to an initial public offering by the company, the combined annual production capacity of the plants was projected to be 610 megawatts by 2013. After expanding production in 2008,[SUP][6][/SUP] the company announced on November 3, 2010 that it was mothballing its older plant, Fab 1, and postponing expansion of recently opened Fab 2, giving it an annual production capacity of about 300 megawatts. Market conditions were cited, with conventional solar modules manufactured in China by low-cost producers such asSuntech and Yingli offering stiff competition.[SUP][35][/SUP]

  Seems to me this is just politics as usual.
  
  http://en.wikipedia.org/wiki/Solyndra
• Belly35

  

  More proof of White House bais and pressure to approve Solyndra
  
  http://www.foxnews.com/politics/2012/08/02/probe-faults-pressure-to-promote-stimulus-in-535m-solyndra-loan-approval/
• Belly35

  

  BoatShoes;1239123 wrote:Some reasonable people might be concerned if he failed to disclose his swiss bank account at known accessory to tax evasion UBS to the IRS and then took part in their amnesty program in 2009. Doesn't seem like that would be within the rules.

  Romney has made public his 2010 tax returns and has said his 2011 documents will be released soon. “That’s all that’s necessary for people to understand something about my finances,” he said recently. He is “simply not enthusiastic,” he also said, about giving the Obama campaign “hundreds or thousands of more pages to pick through, distort and lie about.”
  
  How about the Community Organizer producing his College Transcript what so fucking secret about those documents. What in those documents … more fraud …
  
• Abe Vigoda

  

  Belly35;1239545 wrote:More proof of White House bais and pressure to approve Solyndra
  
  http://www.foxnews.com/politics/2012/08/02/probe-faults-pressure-to-promote-stimulus-in-535m-solyndra-loan-approval/

  Love me some more FAUX News! Who is Steve Mitchell and so what? Looks like from the e-mail Solyndra got plenty of state and local dollars also. So again, are you against all efforts of alternative energy or just against anything remotely tied to the current administration?
  
  Hey I also heard Obama caused the drought why have you not posted this yet?
• Abe Vigoda

  

  Interesting news that nobody is reading and certainly FUX News will not report. Wonder why?
  
  http://www.boston.com/business/technology/2012/08/22/chinese-solar-industry-faces-weak-sales-price-war/zu0RUeaMGABvLosKVQPS4I/story.html
• QuakerOats

  Abe Vigoda;1239585 wrote:Hey I also heard Obama caused the drought why have you not posted this yet?

  Seriously? That is Bush's fault; he caused global warming and we're seeing the effects now.
• stlouiedipalma

  Belly35;1239549 wrote:Romney has made public his 2010 tax returns and has said his 2011 documents will be released soon. “That’s all that’s necessary for people to understand something about my finances,” he said recently. He is “simply not enthusiastic,” he also said, about giving the Obama campaign “hundreds or thousands of more pages to pick through, distort and lie about.”
  
  How about the Community Organizer producing his College Transcript what so ****ing secret about those documents. What in those documents … more fraud …
  

  Romney has done the BARE MINIMUM required by anyone seeking Federal office. That's all fine and good, but traditionally Presidential candidates have released far more than Mitt. His 2011 return won't be available until sometime in October, as that is the deadline for submitting amended returns. His father made available 12 years of returns, saying that one or two years could be a fluke and wouldn't represent a more accurate disclosure.
  
  Mitt has required those he vetted as a VP running mate "several years of tax returns". Funny how he requires more from those who would serve with him than he is willing to provide himself. In reality, Paul Ryan has released two years of tax returns, which is twice the number we have seen from Mitt himself.
  
  With all the loopholes, sheltered accounts and overseas accounts and investments he has, it's only natural for the public to want more openness, transparency and disclosure from someone who wants to be Chief Executive. If he has nothing to hide, what could possibly be a reason why he wouldn't give us more?
• Belly35

  

  stlouiedipalma;1254334 wrote:Romney has done the BARE MINIMUM required by anyone seeking Federal office. That's all fine and good, but traditionally Presidential candidates have released far more than Mitt. His 2011 return won't be available until sometime in October, as that is the deadline for submitting amended returns. His father made available 12 years of returns, saying that one or two years could be a fluke and wouldn't represent a more accurate disclosure.
  
  Mitt has required those he vetted as a VP running mate "several years of tax returns". Funny how he requires more from those who would serve with him than he is willing to provide himself. In reality, Paul Ryan has released two years of tax returns, which is twice the number we have seen from Mitt himself.
  
  With all the loopholes, sheltered accounts and overseas accounts and investments he has, it's only natural for the public to want more openness, transparency and disclosure from someone who wants to be Chief Executive. If he has nothing to hide, what could possibly be a reason why he wouldn't give us more?

  
  
  How about the Community Organizer producing his College Transcript what so ****ing secret about those documents. What in those documents … more fraud …
• believer

  

  When Obama coughs up his college records, Mitt should turn over his tax returns.
  
  Basically the Obama campaign knows it cannot run on Barry's record so they are desperately attempting to use class warfare tactics to paint Romney as part of the eeeevil rich who avoids paying his taxes.
  
  This is laughable since astute members of his own administration (including members in direct contact with our country's fiscal matters) are bonafide tax cheats.
  
  The hypocrisy never ceases to amaze me.
• isadore

  gosh a ruddies does being a successful president relate to being a business success. lets see. last very successful businessman to be US president, herbie hoover. last business failure to be US president harry truman.
• Al Bundy

  isadore;1254678 wrote:gosh a ruddies does being a successful president relate to being a business success. lets see. last very successful businessman to be US president, herbie hoover. last business failure to be US president harry truman.

  Does being a horrible president for 43 months equate to being a good president for 48 future months?
• BGFalcons82

  

  Al Bundy;1254701 wrote:Does being a horrible president for 43 months equate to being a good president for 48 future months?

  Oh God yes! Especially when George W. Bush has served a 12 year term.
• password

  

  Belly35;1239549 wrote:
  How about the Community Organizer producing his College Transcript what so fucking secret about those documents. What in those documents … more fraud …
  

  He claims on his transcript that he was born in Kenya, but only to get accepted at the school as a foreign student.
• password

  

  stlouiedipalma;1254334 wrote:Romney has done the BARE MINIMUM required by anyone seeking Federal office. That's all fine and good, but traditionally Presidential candidates have released far more than Mitt. His 2011 return won't be available until sometime in October, as that is the deadline for submitting amended returns. His father made available 12 years of returns, saying that one or two years could be a fluke and wouldn't represent a more accurate disclosure.
  
  Mitt has required those he vetted as a VP running mate "several years of tax returns". Funny how he requires more from those who would serve with him than he is willing to provide himself. In reality, Paul Ryan has released two years of tax returns, which is twice the number we have seen from Mitt himself.
  
  With all the loopholes, sheltered accounts and overseas accounts and investments he has, it's only natural for the public to want more openness, transparency and disclosure from someone who wants to be Chief Executive. If he has nothing to hide, what could possibly be a reason why he wouldn't give us more?

  
  
  I don't think most people really care what his tax returns show, but I do think he is playing it perfect by letting Obama concentrate on tax returns that no one even cares about. This lets Romney pound Obama on important issues that people care about, while Obama shows how desperate he is to continue his destructive ways with our country, Romney is playing Obama like a tambourine.
• stlouiedipalma

  believer;1254529 wrote:When Obama coughs up his college records, Mitt should turn over his tax returns.
  
  Basically the Obama campaign knows it cannot run on Barry's record so they are desperately attempting to use class warfare tactics to paint Romney as part of the eeeevil rich who avoids paying his taxes.
  
  This is laughable since astute members of his own administration (including members in direct contact with our country's fiscal matters) are bonafide tax cheats.
  
  The hypocrisy never ceases to amaze me.

  Here's why I feel the tax return thing is worth exploring. Romney is running for President using his great success and business background as his main qualifications. He barely mentions his tenure as Governor of Massachusetts, probably because he was considered a moderate, something which doesn't play well with the new Republican Party. That's all fine and good, so he specifically uses his time at Bain Capital and his time running the Salt Lake City Olympics as symbols of his business acumen. Because of his business success and great wealth, I want to know how his tax returns reflect how much money he made, how much in Federal income taxes he paid, and what loopholes and deductions were available to him.
  
  You know, it could be that there is nothing exciting in his tax returns, simply that they are very, very complex documents, given his great wealth. What surprises me is his great reluctance to share them with the voting public. He and his wife are adamant about not releasing any more than they are legally required to do. In my view, it makes me suspicious that something fishy is going on there, the simple appearance of something shady. It's as if the heat taken for not releasing them is less than the heat he thinks he'll take once the details come out. But that's just my opinion.
  
  As for the deal with Obama's college transcripts, I haven't heard Obama use his college experience as a major qualification for his reelection campaign. If he did, I would expect to see them. To me, it's just a smokescreen by Republicans to take the heat off Mitt and his great wealth.
  
  Still, it has to gall Mitt somewhat that he and we are discussing this instead of the economy. He could turn the page on this and shut up those who want the tax returns released, much as Obama did with the birthers. Of course, there will always be those who don't believe Obama is really an American and I suppose there will always be those who think Romney is a tax cheat.
  
  Oh well, not that much time left until Election Day. Then we'll get to start over with our bitching. The only unknown is who will be doing the bitching.
• isadore

  Al Bundy;1254701 wrote:Does being a horrible president for 43 months equate to being a good president for 48 future months?

  gosh a ruddies just like those right wingers who labeled truman with the to err is truman line and were so sure he would lose in 1948. we will see.
• Al Bundy

  isadore;1254790 wrote:gosh a ruddies just like those right wingers who labeled truman with the to err is truman line and were so sure he would lose in 1948. we will see.

  lmao....I am not a right winger. I am a democrat. I can just admit that Obama has been terrible. I don't really care for Romney, but it is hard to believe that he could be any worse than what we have now. I wish someone in the democratic party would have had the guts to challenge Obama for the nomination.
• gut

  There are far more Obama detractors than Romney supporters on this board. Few, if any, right wingers on here - most just want to boot out the great deficit creator. But it's par for the course for liberals to accuse any one that doubts or questions Obama as right-wing, racist, or "selfish rich people" lol.
• isadore

  Al Bundy;1254794 wrote:lmao....I am not a right winger. I am a democrat. I can just admit that Obama has been terrible. I don't really care for Romney, but it is hard to believe that he could be any worse than what we have now. I wish someone in the democratic party would have had the guts to challenge Obama for the nomination.

  Gosh a ruddies one of those pro-rich, pro-reagan, pro-corporation, anti-health care democrat, sure. gosh that guy with a master’s degree that doesn’t know that a PHD requires a “discertation” (sic) while a JD does not.
• isadore

  gut;1254801 wrote:There are far more Obama detractors than Romney supporters on this board. Few, if any, right wingers on here - most just want to boot out the great deficit creator. But it's par for the course for liberals to accuse any one that doubts or questions Obama as right-wing, racist, or "selfish rich people" lol.

  gosh a ruddies great deficit creators, you mean ron reagan and georgie jr.