Solyndra, Round Three, Revisited

[jsc]

I have decided to track the more egregious "Green jobs" loans. For your amusement:
http://www.redstate.com/aglanon/2011/10/20/donors-bundlers-and-obama-allies-secure-1-billion-in-loans-export-jobs-to-finland/

 

[wanamingo]

An american company making cars over seas!! For shame.

Ya know the funny thing is when solyndra was making solar panels in the USA, then fold because they couldn't compete with cheaper overseas labor and cheap parts.

Now that an American company is making a product overseas (Like every single other company) its still not enough.

Dont get me wrong here either, I would have rather had them stay completely in the US and have US based manufacturing but in reality they would have filed for bankruptcy the same way solyndra did.

Dont punish them because they have a business model that (Hopefully fingers crossed gentlemen) works.


Besides its a free market they can make their products wherever.

 

[jsc]

Yes, it is a free market, but why should we subsidized a foreign manufacturer?

 

[JAYDEEJOHN]

Yes, it is a free market, but why should we subsidized a foreign manufacturer?

Ooops, dont let the cat out of the bag
Maybe this is really whats so upsetting about this, that Obama gives them money, and we see OWS et al all screaming about millionaires, like Obama, banks, like Obama, and we see Obama doing this very thing, spending our money, while it goes overseas, but of course, its Bush's fault

 

[mjmjpfaff]

An american company making cars over seas!! For shame.

Ya know the funny thing is when solyndra was making solar panels in the USA, then fold because they couldn't compete with cheaper overseas labor and cheap parts.

Now that an American company is making a product overseas (Like every single other company) its still not enough.

Dont get me wrong here either, I would have rather had them stay completely in the US and have US based manufacturing but in reality they would have filed for bankruptcy the same way solyndra did.

Dont punish them because they have a business model that (Hopefully fingers crossed gentlemen) works.


Besides its a free market they can make their products wherever.

actually it was their unique design that killed them. as the price dropped for silicon standard photovoltaic cells started to drop as well leaving solyndra's unique design in the dust since they had to sell them for less than it cost them to make it for it to actually sell.

 

[JAYDEEJOHN]

I think the shortsidedness of the Obama admin regarding business in these scenarios only drives the businesses and Republican position, Obama doesnt like the current way the US does business, has his own pet peeves, and the aggressive position his admin has taken against non favored business, and that he isnt getting it.
To allow a business model to work, you first have to have two things, a healthy business in a good (desired,affordable,needed) business climate.
It appears in these instances, the Obama admin is fine with overlooking a good business model, just like the pressured demand on lending to those who were at risk in the banking/housing crunch.
Such shortsidedness is a, if not the, major player in where we are at today, and if we go back before this meddling, it may have been rocky and tough at times, it was never like this.

 

[l0ckd0wn]

Yes, it is a free market, but why should we subsidized a foreign manufacturer?

QFT.

Such shortsidedness is a, if not the, major player in where we are at today, and if we go back before this meddling, it may have been rocky and tough at times, it was never like this.

Agreed, but until there is a shift in the way business is done nothing is going to change (ie referring to lobbying within politics). This is one of the reasons I'm totally against reactionary legislation, which is all we seem to be seeing since the economic crisis. Congressmen think they can find a solution within the same groups that helped dismantle all the safe-guards which left us here, and at the same time don't design any legislation that will have lasting results, only immediate action which is a reaction to what has already happened. Total shortsightedness and election focused.