The F.B.I. on Thursday raided the office of a California solar company that borrowed 8 million from the federal government before filing for bankruptcy, as House Republicans announced that they would call two top Obama administration officials to testify about the case next week.

The federal agents, acting in a joint investigation with the inspector general of the Department of Energy, served search warrants on Solyndra, which announced last week that it was filing for bankruptcy protection. The search was part of an investigation into the loans Solyndra received from the Treasury Department that were guaranteed by the Department of Energy under a highly promoted federal stimulus program.

Solyndra was a leading beneficiary of the Energy Department’s programs to promote alternative energy, which were expanded as part of the 2009 economic stimulus legislation.

George Kaiser, an Oklahoma billionaire, is one of the largest investors in Solyndra through Argonaut Ventures and a family foundation, and he was also a donor to Mr. Obama’s 2008 campaign. The company had begun preparing its federal loan application well before the election.

http://www.nytimes.com/2011/09/09/business/solar-company-is-searched-by-fbi.html

Oh did I mention that you can subtract 1,700 MORE jobs that Obama has lost read the article

Technorati Tags: administration officials, alternative energy, bankruptcy protection, beneficiary, billionaire, california solar, department of energy, economic stimulus, energy department, family foundation, federal agents, federal loan, filing for bankruptcy, george kaiser, inspector general, loan application, search warrants, solar company, solyndra, treasury department

Solyndra Not Sole Firm to Hit Rock Bottom Despite Stimulus Funding

Solyndra, the solar panel company whose highly publicized failure and consequent investigation by federal authorities has flashed across headlines recently, isn’t the only business to go belly up after benefiting from a piece of the 0 billion economic stimulus package passed in 2009.

At least four other companies have received stimulus funding only to later file for bankruptcy, and two of those were working on alternative energy.

Read more: http://www.foxnews.com/politics/2011/09/15/despite-stimulus-funding-solyndra-and-4-other-companies-have-hit-rock-bottom/#ixzz1Y3Uq2QVz
Anti-FoxNews wonks,
What have you heard that is substantial against FoxNews? Make your case.
Mortal Guardian,
Thanks for your support. I take it as an act of encouragement. I thumbs up ideologies that are against my own, because I think it’s important to encourage the freedom of ideas. More important than dictating what others must believe, I think. I accept other ideas, because people who disagree help to make us sharper in these times when the Truth of God is hidden behind a veil for so many of us. When He returns, then I think that people will have that mystery less indiscernible.

But anyway, thanks so much for your encouragement.

Technorati Tags: alternative energy, bankruptcy, economic stimulus package, encouragement, failure, federal authorities, foxnews com, freedom, guardian, headlines, mystery, rock bottom, solar panel, solyndra, thanks for your support, truth of god, veil, wonks

I just was watching news ticker on bloomberg channel and it says ”that oil is expected to rally/go up to or higher before mid-summer because of demand rebounding.What is all of this nonsense when we are in a global recession,people losing their jobs left and right,’’supposed to be conserving energy”,’’supposed to switch on to alternative energy & off-shore oil drilling”(what pres.obama promised in his campaign),auto makers possible bankruptcies and more possible lay-offs,people ‘’supposed to have been driving less”,and supposed to be buying small compact fuel efficient hybrid type vehicles.Were you’ll serious about carrying out these stuff or were these just empty threaths that played right into opec trap?
Will it be like 2007/2008 and wait until crude oil get back to over 5 a barrel then make more false threaths to OPEC with absolutely little to no action to back it up?

Technorati Tags: alternative energy, amp, auto makers, bankruptcies, compact fuel, conserving energy, crude oil, global recession, hybrid type, jobs, lay offs, news ticker, nonsense, oil drilling, opec, shore oil, type vehicles

In the fall of last year, I thought the economy might be turning around by now. Now Chrysler is going into bankruptcy and GM is following. This means all the dealerships will suffer and the suppliers etc. etc. We have tent cities going up and more people are losing their homes.

Where will all the "blue collar" workers find other employment opportunities? I know that there is a push for alternative energy and infrastructure rebuilding, but I can’t see that this will be enough.

If we can turn it around, what do you think the economy will be like in 10 years. Where will the manufacturing jobs be?

And not just in 10 years, when do you think the economy will turn around?

Technorati Tags: 10 years, alternative energy, bankruptcy, chrysler, economy, employment opportunities, gm, infrastructure, manufacturing jobs, tent cities

It’s a matter of pay now or pay letter. Republicans are all for lower taxes and smaller government except when their greed gets them in financial trouble.

Here is the issue that you are dealing with… Since the Stock Market collapse of 1929 a system of checks and balances was instituted as the economy grew to keep greed in check. However, after Ronald Reagan took office and developed the theory of Trickle Down economics, They began to chip away at several levels of checks and balances. One of the first levels that they attacked were the Unions. Unions offered a level that reported abuses in the labor market. Second was deregulation where they actually removed regulation by allowing business to move off shore where inspection and over sight where non-existent… then they moved to gut the budgets of regulatory agencies that were left, to stop over-site. Usury laws were thrown to the wind and bankruptcy laws were changed to protect the rich. (Look up Usury Laws)

Example: There are only 8 inspectors for all the livestock sold for food in California. Providing 30 percent of all the meat eaten in the United States and exported.

The result is that you have lead painted toys for your children to play with, food is polluted with chemicals and Salmonella and Wall Street Collapses in a heap and your 401K falls through the floor while Oil prices shoot threw the roof because they changed the rules to allow speculation in the Oil market and fought alternative energy. All the while the Republicans keep claiming your taxes are to high and the reason is it’s Ear Marks were causing it which equal less than 1 percent of the US budget .

We need to start thinking smarter and get back to enforcement of good sound banking rules and reduce greed out of the equation. We need over sight at all levels of both government and business. We need to pay those taxes necessary to enforce regulation and stop investing billions in "Wars to No Where". Think where we would have been financially if we had not swallowed "Georges War to No
Where" based on a lie.

Wake up America!!! Obama for President

Technorati Tags: 401k, alternative energy, bankruptcy laws, billions, checks and balances, deregulation, financial trouble, greed, heap, lower taxes, market collapse, oil market, oil prices, regulatory agencies, ronald reagan, salmonella, stock market, system of checks and balances, trickle down economics, usury laws

I know he’ll be creating jobs with alternative energy, but coal workers do not specialize in alternative energy… they know how to do coal work, so they’ll lose their jobs. How many workers will be out of work and be forced to find something completely out of their field?
Oops… change the "of" to "if" in the question
I have seen ONE answer in here that was close to answering the question. If you don’t have a reasonable answer for the question, please don’t answer.

Technorati Tags: alternative energy, answering the question, coal workers, jobs, quot