Saturday, November 22, 2014

"Solyndra's Making A Profit!"

That’s what liberals claim, but it isn’t. They’re only PROJECTED to make a profit—someday. Didn’t they go out of business? Wasn’t there an auction of their property? So how could they be “making a profit,” today? On the basis of that “estimate,” DOE (Department of Energy) is claiming success, despite the FAILURE of FOUR of its projects, including Solyndra, Tesla, (Fisker Automotive), Abound Solar, Inc, and Vehicle Production Group. All have filed bankruptcy, going through $780 million of taxpayer (your) money, $528 million of that going to Solyndra, before they filed for bankruptcy (with their executives getting "golden parachutes"). It’s a typical political ploy for politicians to claim a profit based on “guesses” at possible FUTURE profits. That’s what this is, and it’s ALL this is. A GUESS at “possible future profits,” which may, or may NOT be realized. People have made a lot of money on these programs (mostly taken out of the money granted them by Obama), but their gains were NOT profit. Besides: isn’t “profit” a “dirty word” to liberals? Why then, are they promoting making a profit? (Bloomberg)

No comments: