Fact Check: Romney misses a mark on S...

Fact Check: Romney misses a mark on Solyndra claim

There are 19 comments on the Peninsula Clarion story from Jun 1, 2012, titled Fact Check: Romney misses a mark on Solyndra claim. In it, Peninsula Clarion reports that:

In this May 31, 2012 file photo, Republican presidential candidate, former Massachusetts Gov.

Join the discussion below, or Read more at Peninsula Clarion.

“your life is great”

Since: Aug 09

you poop in clean water

#1 Jun 1, 2012
such losses were expected when Congress created the high-risk program, which is intended to boost cutting-edge projects that would have trouble obtaining private financing.

An independent review indicates that the government could lose nearly $3 billion on green energy loans — just under one-third of the $10 billion Congress set aside.
Far Away

Anchorage, AK

#2 Jun 1, 2012
anneutral wrote:
such losses were expected when Congress created the high-risk program, which is intended to boost cutting-edge projects that would have trouble obtaining private financing.
An independent review indicates that the government could lose nearly $3 billion on green energy loans — just under one-third of the $10 billion Congress set aside.
Maybe they wouldn't have "trouble obtaining private financing" if their major investors weren't also contributing large sums to Øbama's campaigns. Let them risk their own money instead of paying Øbama to risk taxpayers' money.
John

Elk Grove Village, IL

#3 Jun 1, 2012
Government has no place picking winners and losers.
Obama is tanking!
Lance Winslow

San Jose, CA

#4 Jun 1, 2012
All that panty wrenching over a scant single digit percent of what Bush put into TARP.

“It's Time to Defeat Terrorism ”

Since: May 11

NYC

#5 Jun 1, 2012
The Obama's media attack machine is lying again to the American people. Mitt Romney was right to go to the bankrupted Solyndra that through down the drain more than 500 million dollars which represents the Obama’s failed investment of our tax money and stealing money from each and every American in daylight to enrich his friends and his Democrats hordes which is unconstitutional. The great patriotic American governor, investors and businessman of the private sector Mitt Romney will be able to find many good American private investment companies that will invest in rebuilding the ruins of America. Mitt Romney will use private investors money to invest money in saving America from the mysterious secretive Obama who brings foreign agenda of New World Order to America and seek the bankruptcy of American private sector. During 236 years the American people built the great America from scratch using freedom, liberty and entrepreneurs that invested their own money or used money of investing companies such as Bain and others that raised money from American investors in the stock market to build corporations that provided good paying jobs to hundreds of millions of America. The American people invested their pension funds in the stock market in investment companies that use the money to invest in new enterprises and innovations, which brought the great success of the American system. Nevertheless, the foreign agenda of Obama is sucking the highest taxes on the planet from the "rich" and Obama give our tax money to his favorite green companies that proved to go bankrupt within few months or years while our tax money is going down the drain. Mitt Romney will push forward the great American way for success and providing good jobs to all our young generation that Obama keeps unemployed after they finish college. Mitt Romney will use our oil and gas resources that Obama ban from using only to support his Mozlem Brother friends of the Middle East including Iran and Saudi Arabia using trillion dollars of our hard earned money that goes to nukes and the terrorist organizations attacks on America
CHECK SIX

North Port, FL

#6 Jun 1, 2012
OOOOOH! HUSSIEN WE NEVER KNEW YA!...But we are finding out!

http://news.yahoo.com/blogs/ticket/obama-nudi...

“i hope we can change this!”

Since: Aug 08

usa

#7 Jun 1, 2012
i haven't seen much in the way of fact checking obama's lies about bain...

except by cory booker and bill clinton!
LMAO!

(news you WON'T hear on nbc, cbs, abc, cnn or pbs)

“i hope we can change this!”

Since: Aug 08

usa

#8 Jun 1, 2012
Lance Winslow wrote:
All that panty wrenching over a scant single digit percent of what Bush put into TARP.
what year is it, lance?
who's the president, lance?

why are you such a dumb schmuck, lance?

“i hope we can change this!”

Since: Aug 08

usa

#9 Jun 1, 2012
Far Away wrote:
<quoted text>
Maybe they wouldn't have "trouble obtaining private financing" if their major investors weren't also contributing large sums to Øbama's campaigns. Let them risk their own money instead of paying Øbama to risk taxpayers' money.
what she DIDN'T mention was, the loses were expected because the the business plans were flawed...which is why obama was advised to NOT give out the money.
minor detail...

(the rest of the story is ALWAYS bad news for the left!)
John Obey

Fishers, IN

#10 Jun 1, 2012
anneutral wrote:
such losses were expected when Congress created the high-risk program, which is intended to boost cutting-edge projects that would have trouble obtaining private financing.
An independent review indicates that the government could lose nearly $3 billion on green energy loans — just under one-third of the $10 billion Congress set aside.
it"s dat pic Romney pic!! it's bar rock! de Robot had a cross eye;):-00000

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#12 Jun 2, 2012
anneutral wrote:
such losses were expected when Congress created the high-risk program, which is intended to boost cutting-edge projects that would have trouble obtaining private financing.
An independent review indicates that the government could lose nearly $3 billion on green energy loans — just under one-third of the $10 billion Congress set aside.
The underlying reason for this loss, not only of taxpayer dollaqrs; but more importantly, US JOBS, is the continuing manipulation of money and manufactured product values by China.

The administration has partially addressed this by imposing a tariff on Chinese solar panels.

A beter solution would be to impose a tariff on all China goods equal to the Chinese currency manipuation;
AND a general tariff on all imported manufactured goods based on regional costs of living, and modified by mulitpliers that punish worker safety violations, and environmental pollution.

SOLINDRA?
TARIFF.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#13 Jun 2, 2012
carey529 wrote:
<quoted text>
what she DIDN'T mention was, the loses were expected because the the business plans were flawed...which is why obama was advised to NOT give out the money.
minor detail...
(the rest of the story is ALWAYS bad news for the left!)
Wrong, as usual.
Don't allow your predjudicial hate of President Obama cloud your reasoniong. Without subsidized Chinese competition, this factory would be up and running, and producing; and supplying jobs and taxes for the USA.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#14 Jun 2, 2012
Jeff Brightone wrote:
The Obama's media attack machine is lying again to the American people. Mitt Romney was right to go to the bankrupted Solyndra that through down the drain more than 500 million dollars which represents the Obama’s failed investment of our tax money and stealing money from each and every American in daylight to enrich his friends and his Democrats hordes which is unconstitutional. The great patriotic American governor, investors and businessman of the private sector Mitt Romney will be able to find many good American private investment companies that will invest in rebuilding the ruins of America. Mitt Romney will use private investors money to invest money in saving America from the mysterious secretive Obama who brings foreign agenda of New World Order to America and seek the bankruptcy of American private sector. During 236 years the American people built the great America from scratch using freedom, liberty and entrepreneurs that invested their own money or used money of investing companies such as Bain and others that raised money from American investors in the stock market to build corporations that provided good paying jobs to hundreds of millions of America. The American people invested their pension funds in the stock market in investment companies that use the money to invest in new enterprises and innovations, which brought the great success of the American system. Nevertheless, the foreign agenda of Obama is sucking the highest taxes on the planet from the "rich" and Obama give our tax money to his favorite green companies that proved to go bankrupt within few months or years while our tax money is going down the drain. Mitt Romney will push forward the great American way for success and providing good jobs to all our young generation that Obama keeps unemployed after they finish college. Mitt Romney will use our oil and gas resources that Obama ban from using only to support his Mozlem Brother friends of the Middle East including Iran and Saudi Arabia using trillion dollars of our hard earned money that goes to nukes and the terrorist organizations attacks on America
YET More crazy FOXLIES monkey-talk.
And you write like a commie.

“your life is great”

Since: Aug 09

you poop in clean water

#15 Jun 2, 2012
Far Away wrote:
<quoted text>
Maybe they wouldn't have "trouble obtaining private financing" if their major investors weren't also contributing large sums to Øbama's campaigns. Let them risk their own money instead of paying Øbama to risk taxpayers' money.
(Carey wont reply to me directly anymore because I hurt her 1 and only feeling)
.
my original statement was a copy & paste from the article.
my understanding is that the govt subsidizes these green companies because it's difficult for them to get private investments because of the risk.
Ironically, 3 billion was the expected loss through this program as a whole.
.
and.....
since the Solyndra thing happened, it has been discovered that the Chines government has been manipulating the system by fully subsidizing the companies that would have seen solyndra as competition.
the department of justice has filed charges, it's a whole thing now.

“your life is great”

Since: Aug 09

you poop in clean water

#16 Jun 3, 2012
I wonder when Mitt will start talking about the two,(yup, 2) solar panel companies that just went bankrupt in Massachusetts.
As Governor he (rightly) gave them taxpayer dollars as startups.

“your life is great”

Since: Aug 09

you poop in clean water

#17 Jun 3, 2012
Mr_Bill wrote:
<quoted text>
The underlying reason for this loss, not only of taxpayer dollaqrs; but more importantly, US JOBS, is the continuing manipulation of money and manufactured product values by China.
The administration has partially addressed this by imposing a tariff on Chinese solar panels.
A beter solution would be to impose a tariff on all China goods equal to the Chinese currency manipuation;
AND a general tariff on all imported manufactured goods based on regional costs of living, and modified by mulitpliers that punish worker safety violations, and environmental pollution.
SOLINDRA?
TARIFF.
did you see this Bill?
.
http://thinkprogress.org/politics/2012/06/02/...
.
Konarka is the second Massachusetts solar company, along with Evergreen Solar and Beacon Power, to receive taxpayer dollars under Romney’s tenure and subsequently declare bankruptcy.
McQuannne

Fishers, IN

#18 Jun 3, 2012
Mr_Bill wrote:
<quoted text>
Wrong, as usual.
Don't allow your predjudicial hate of President Obama cloud your reasoniong. Without subsidized Chinese competition, this factory would be up and running, and producing; and supplying jobs and taxes for the USA.
dr. Bill_mr! E=MC2 again!!! Moses Abra-ham didn't teach you dis correct?!;) El Gore tuitoring ya;-0000

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#19 Jun 4, 2012
McQuannne wrote:
<quoted text>
dr. Bill_mr! E=MC2 again!!! Moses Abra-ham didn't teach you dis correct?!;) El Gore tuitoring ya;-0000
Only correct if C is not a variable.
Stanley Krol GOP

United States

#20 Jun 4, 2012
Far Away wrote:
<quoted text>
Maybe they wouldn't have "trouble obtaining private financing" if their major investors weren't also contributing large sums to Øbama's campaigns. Let them risk their own money instead of paying Øbama to risk taxpayers' money.
It does go both ways! Super PACs are becoming the norm. I made a small forture on a TYPO this past week... "Americia" Romneys Zac blew it I think?
www.MittApps.com or www.Americia.us hahahaha...

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