U.S. may fight Solyndra tax breaks in bankruptcy plan

Sep 7, 2012 | Posted by: roboblogger | Full story: Reuters

The U.S. government is gearing up for a politically charged fight over Solyndra's bankruptcy plan, as the former solar panel maker supported by President Barack Obama revealed a further $23 million in potential tax breaks for its venture capital backers.

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21 - 33 of 33 Comments Last updated Sep 9, 2012
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Clint Eastwood

Petersburg, VA

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#21
Sep 7, 2012
 

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The president of the United States basically cut a Bad Loan to a bunch of sleazy campaign Donors. You would think Obama would have learned something from the banking Crisis but maybe he did.... He learned how to Cheat and LIE just like the Banksters who funded his campaign.

Obama is an empty suit and a disgrace to our once proud country. It's time for a change! You have to let someone go that's Not Doing the Job and cheating you along the way.

Billy Jack

Perryville, MO

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#22
Sep 7, 2012
 

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The banking crises was in the Bush era.......The reason Solyndra went bust was Chinese flooding the market with cheap silicone.
Billy Jack

Perryville, MO

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#23
Sep 7, 2012
 

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Replace the Disgrace wrote:
I heard there will be a shovel ready job in January. shoveling all the Bull shit out of the white house for the new president.It may take a while as it is pretty thick at present!
Trouble is there will be a brand new pile moving in and stinking even more.

Since: Feb 07

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#24
Sep 7, 2012
 

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see the light wrote:
<quoted text>Some how they will get away with it. You probably won't hear anything from Demorats about Solyndra getting the tax cuts.
Why is this election to be so different than the others?
The 2012 election results are to be be tabulated by a Soros owned company in Spain.
The MSM has time to look into it.
Do you know where your vote goes?

Since: Dec 08

Medina, TX

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#26
Sep 8, 2012
 

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RayOne wrote:
<quoted text>If there is evidence of a kickback the Justice Department should investigate.
Are you a comedian? Holder's JD investagating anything even remotely close to the Obama regime? Maybe when pigs sprout wings and fly.
Gravediggers

United States

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#28
Sep 8, 2012
 

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Oh, the "US" will FIGHT Solyndra tax breaks!?!?! More taxpayer money going to lawyers. This will drag on for years, drain money from Treasury and the LAWYERS will get the bucks no matter what.

God, how ironic!

It was OBAMA THE GOD who crafted the Solyndra deal when he KNEW Solyndra had a BAD balance sheet and OBAMA THE GOD who OKAYED PRIVATE INVESTORS getting their money back ahead of the public taxpayer!

Now, taxpayer money will be expended to fight what OBAMA THE GOD created! Lawyers! MERIT PAY FOR LAWYERS. Win- get some of the pot. LOSE-NADA! Years and years of legal wrangling so lawyers can BILL the taxpayers!

THIS IS OBAMA'S FAULT!

Since: Feb 07

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#29
Sep 8, 2012
 
sailorman2 wrote:
<quoted text>Are you a comedian? Holder's JD investagating anything even remotely close to the Obama regime? Maybe when pigs sprout wings and fly.
My stage work is restricted to drama, so of course I am a lawyer. Only Kidding.
Obama must lose so Eric can get a Presidential Pardon.
There are Senators that are keeping their powder dry.
Razors Edge

Oak Lawn, IL

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#30
Sep 8, 2012
 

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Gravediggers wrote:
Oh, the "US" will FIGHT Solyndra tax breaks!?!?! More taxpayer money going to lawyers. This will drag on for years, drain money from Treasury and the LAWYERS will get the bucks no matter what.
God, how ironic!
It was OBAMA THE GOD who crafted the Solyndra deal when he KNEW Solyndra had a BAD balance sheet and OBAMA THE GOD who OKAYED PRIVATE INVESTORS getting their money back ahead of the public taxpayer!
Now, taxpayer money will be expended to fight what OBAMA THE GOD created! Lawyers! MERIT PAY FOR LAWYERS. Win- get some of the pot. LOSE-NADA! Years and years of legal wrangling so lawyers can BILL the taxpayers!
THIS IS OBAMA'S FAULT!
GD,Check just how many losers Oblamer invested our tax money
into,I did post it but cannot remember where its staggering
enjoy..RE.
xnutmegger

Phoenix, AZ

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#31
Sep 8, 2012
 

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Razors Edge wrote:
<quoted text>
GD,Check just how many losers Oblamer invested our tax money
into,I did post it but cannot remember where its staggering
enjoy..RE.
LEFTY likes to piss n' moan about a handfull of failures Bain Cap. had while ignoring the basketfull of failures Obama Cap. has spawned.

The actions of Bain Cap. and Obama Cap. are both venture capital endeavors .One private , one public.

Oh well , just typical LEFTY.
Razors Edge

Oak Lawn, IL

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#32
Sep 8, 2012
 

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.

Who is Valerie Jarrett?..... the Chicago slumlord?... Tony Rezko and Obama link?...
Posted by TONY SALAZAR on May 23, 2012 at 10:21pm
.

Her father and Tim Geithner's father, and Obama's white grandfather, and Frank Marshall Davis were friends?

Who is Valerie Jarrett?


&#9679; Like Obama, Jarrett has a fundamental lack of respect for businessmen. In a typical blunder that sent shudders through the business community, she dismissed Tom Donohue, the highly regarded CEO of the U.S. Chamber of Commerce, as irrelevant, saying that she preferred to deal with “real” industry executives.

&#9679; Jarrett’s lack of judgment in domestic affairs has been matched by her inexperience in international and military affairs. She urged the president not to send in a Navy SEAL team to get Osama bin Laden — the one time that we know of when Obama failed to take Jarrett’s advice.

If Jarrett is wrong so often, why does President Obama trust her above all others and continue to run every decision by her?

In part, her influence stems from the fact that Jarrett is the president’s trusted watchdog. She protects the vainglorious and thin-skinned Obama from critics and complainers who might deflate his ego. No one gets past Jarrett and sees the president if they have a grievance, or a chip on their shoulder, or even an incompatible point of view. That goes for such high-profile supporters as Oprah Winfrey and Caroline Kennedy, who have been largely frozen out of the White House because Jarrett believes they would use the opportunity of a meeting with Obama to push their own competing agenda.

Despite her impeccable social credentials, Jarrett’s record before she went to Washington was spotty at best. After Mayor Daley made her commissioner of planning, she became embroiled in a massive screw-up in the city’s public housing revitalization plan, which cost Chicago millions of dollars in overruns. Daley fired her without explanation.

After she left city hall, Jarrett became CEO of Habitat Executive Services, where she earned $300,000 in salary and $550,000 in deferred compensation. She managed a federally subsidized housing complex that was seized by the government after inspectors found crime-infested slum conditions and widespread blight.

Throughout her career, Jarrett has failed upward. Today she is at the pinnacle of power as Michelle Obama’s closest confidant and Barack Obama’s political soul mate. Though she is the White House official responsible for “public engagement,” she has conspicuously failed to engage. I heard this complaint about Jarrett from practically everyone I interviewed — Republicans and Democrats, African Americans and Jews. They all blamed Jarrett for keeping the president isolated even from those whose good opinion he needed the most.


Ads by Google


Despite her lack of international experience and background in economics and fiscal policy, she is in many ways the de facto president. Against the advice of more seasoned advisers, Jarrett steers the president toward decisions that make our economy less robust and our nation less safe.

“I was at a dinner where Valerie sat at our table for ten minutes, and I wasn’t particularly impressed,” a major Obama donor told me.“She didn’t say anything interesting. I expected her to be smarter. She ain’t no Karl Rove. Karl Rove would eat her for breakfast.”

Edward Klein, author of The Amateur: Barack Obama in the White House, is a New York Times bestselling author.
sam

Macon, GA

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#35
Sep 8, 2012
 

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xnutmegger wrote:
<quoted text>
LEFTY likes to piss n' moan about a handfull of failures Bain Cap. had while ignoring the basketfull of failures Obama Cap. has spawned.
The actions of Bain Cap. and Obama Cap. are both venture capital endeavors .One private , one public.
Oh well , just typical LEFTY.
Righty is a little off in the head.
Razors Edge

Oak Lawn, IL

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#36
Sep 8, 2012
 

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A Scientist,reported that they found traces
of a Chemical,Close to the Stage,during the
Oblamers,Speech,If inhaled,It makes humans
Bobble their heads,and shout YES! to any
questions asked.Further investigations are
to continue,in case the GOP,discovers that
it was a trick to make the Public say Yay,
Silently,and Nay,Very Loudly during any
Vote Counts??????

LOL.Gotta have a sense of humor

Since: Feb 07

Location hidden

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#38
Sep 9, 2012
 
Unelected and most dangerous.
Razors Edge wrote:
.
Who is Valerie Jarrett?..... the Chicago slumlord?... Tony Rezko and Obama link?...
Posted by TONY SALAZAR on May 23, 2012 at 10:21pm
.
Her father and Tim Geithner's father, and Obama's white grandfather, and Frank Marshall Davis were friends?
Who is Valerie Jarrett?
&#9679; Like Obama, Jarrett has a fundamental lack of respect for businessmen. In a typical blunder that sent shudders through the business community, she dismissed Tom Donohue, the highly regarded CEO of the U.S. Chamber of Commerce, as irrelevant, saying that she preferred to deal with “real” industry executives.
&#9679; Jarrett’s lack of judgment in domestic affairs has been matched by her inexperience in international and military affairs. She urged the president not to send in a Navy SEAL team to get Osama bin Laden — the one time that we know of when Obama failed to take Jarrett’s advice.
If Jarrett is wrong so often, why does President Obama trust her above all others and continue to run every decision by her?
In part, her influence stems from the fact that Jarrett is the president’s trusted watchdog. She protects the vainglorious and thin-skinned Obama from critics and complainers who might deflate his ego. No one gets past Jarrett and sees the president if they have a grievance, or a chip on their shoulder, or even an incompatible point of view. That goes for such high-profile supporters as Oprah Winfrey and Caroline Kennedy, who have been largely frozen out of the White House because Jarrett believes they would use the opportunity of a meeting with Obama to push their own competing agenda.
Despite her impeccable social credentials, Jarrett’s record before she went to Washington was spotty at best. After Mayor Daley made her commissioner of planning, she became embroiled in a massive screw-up in the city’s public housing revitalization plan, which cost Chicago millions of dollars in overruns. Daley fired her without explanation.
After she left city hall, Jarrett became CEO of Habitat Executive Services, where she earned $300,000 in salary and $550,000 in deferred compensation. She managed a federally subsidized housing complex that was seized by the government after inspectors found crime-infested slum conditions and widespread blight.
Throughout her career, Jarrett has failed upward. Today she is at the pinnacle of power as Michelle Obama’s closest confidant and Barack Obama’s political soul mate. Though she is the White House official responsible for “public engagement,” she has conspicuously failed to engage. I heard this complaint about Jarrett from practically everyone I interviewed — Republicans and Democrats, African Americans and Jews. They all blamed Jarrett for keeping the president isolated even from those whose good opinion he needed the most.
Ads by Google
Despite her lack of international experience and background in economics and fiscal policy, she is in many ways the de facto president. Against the advice of more seasoned advisers, Jarrett steers the president toward decisions that make our economy less robust and our nation less safe.
“I was at a dinner where Valerie sat at our table for ten minutes, and I wasn’t particularly impressed,” a major Obama donor told me.“She didn’t say anything interesting. I expected her to be smarter. She ain’t no Karl Rove. Karl Rove would eat her for breakfast.”
Edward Klein, author of The Amateur: Barack Obama in the White House, is a New York Times bestselling author.

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