Artemis

you guys are talking about two different crashes

Voice of Reason Loc: Earth

Not so true for the list below. These are "green" companies that Obama gave taxpayer-backed loans to, the loan amounts in parentheses. Those with an asterisk have already gone bankrupt, the remaining are about to.

The owners of all these companies were Obama contributors and the loans were payback. In most cases, the companies were specifically designed to go bankrupt after making the owners and officers rich with inflated salaries and huge bonuses. All administrations have engaged in some amount of crony capitalism, but the Obama administration has taken the practice to a whole new level.

Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)

Then there's GE. They are not, to my knowledge, about to file for bankruptcy, but last year they paid no taxes on $13.12 billion in profits. Since you have already posted that you prefer propaganda sources over news sources, you may be unaware that GE's CEO is one of Obama's top advisors. You may also be unaware that GE makes huge profits on "green" energy projects mandated by Obama's EPA at the expense of electric rate payers.

Artemis

In that war the wealthy were taxed 95% to help pay for it, Roosevelt didn't CUT taxes to the wealthy as Bush did, he also didn't keep us in the war anymore than we had to be, unlike the last war, where Cheney/Bush kept us in to milk it for the military contractors to benefit themselves while breaking the back of the US

Artemis

:thumbup: :thumbup:

Artemis

Excellent analogy

Artemis

Artemis

:thumbup:

emarine

There were over 1300 compainies who recieved funding... less than 1% have failed...
there were 63 high risk g***n e****y compainies funded so far 8% have failed and 58 are showing a proffit as of the last quarter 2013... The green compainies are public info from the US Dept of Energy. Check your source

hprinze Loc: Central Florida

OK why don't you give that money you have to the dowsntrodden poor that you so sympathize with?

Voice of Reason Loc: Earth

AnnMarie,

Above are two direct quotes from you which I'm having trouble reconciling, please help. I've always been good at regular math but obviously I'm severely deficient at liberal math.

In the first quote you stated that, under Reagan, cutting taxes caused revenues to go down. In the second quote you stated that, under Reagan, revenues "almost doubled".

Being so poor at liberal math I do not understand how a doubling of revenues constitutes a reduction. Please explain.

On a related note, is it possible that at least part of the reason for the widening gap between the incomes of rich and poor is due to the fact that liberals like you consider a doubling of a poor person's income to be a reduction?

Lastly, you obviously consider an "income gap" to be a bad thing. Would you then say the ultimate goal would be for every person in the country to earn the same amount?

lone_ghost Loc: Wisconsin

Do you really believe everything you read from a government controlled source? This is the shell game. Money is loaned to these companies with little or no interest in masse through the FED who then sells the loans to a company like Behr Stearns for a profit, who then sells them to say AIG at a higher profit who then covers the loans with insurance provided through the FED in case of default. The company is now insured for the inflated amount caused by the profitable sales, not the original loan amount. This can then be t***slated back into the companies bottom line as equity, and therefore profit, even though none of this money actually exists. If the company fails the Fed will bail them out with tax payers money, and the whole process begins again with huge amounts of money ending up in the pockets of everyone involved. Here is the kicker, it is completely legal.

Artemis

Here's the problem "the Job Creators" are using foreign labor turning their backs on American labor while reaping the profits from the American consumption(purchasing power).
As of this week we import 45% of the total of China's production,while they will only import 3% of our goods.

We are in trouble because we are not manufacturing goods here any longer, companies have moved out of this country to produce elsewhere or have just folded up. Many Americans buy foreign goods because we are becoming less and less financially stable and we can't afford American goods compared to the cheap foreign products. American products are also becoming more difficult to find.

Voice of Reason Loc: Earth

That's pretty impressive that 58 companies are showing a profit as of the last quarter of 2013, especially considering it hasn't begun yet.

Voice of Reason Loc: Earth

I agree with the above statement. How much of the blame to you attribute to the EPA for this fact?

emarine

True..last ... 2 quarter 2013... plus you have Johnson Controls on your list..They are ranked # 67 in the fortune 500 with 170,000 employed,