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jillan

(39,451 posts) Wed Aug 29, 2012, 10:42 PM Aug 2012

Solyndra - something all DUers need to know about Solyndra...

so we can correct the sheeple....

It was started by Bush: The DOE loan program that funded Solyndra was actually started by President Bush in 2005. It was intended to provide government support for "innovative technologies."
But the Bush administration never approved Solyndra's loan, saying the application needed more work.

http://money.cnn.com/2012/06/06/technology/solyndra/index.htm

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Solyndra - something all DUers need to know about Solyndra... (Original Post) jillan Aug 2012 OP
Solyndra depended of free-market supply of monocrystal silicon, and oil companies bought up supply. _Liann_ Aug 2012 #1
Haven't heard this interesting aspect before. Is there a citation? Scuba Aug 2012 #2
"... the Bush administration never approved Solyndra's loan ..." GeorgeGist Aug 2012 #3

_Liann_

(377 posts)
1. Solyndra depended of free-market supply of monocrystal silicon, and oil companies bought up supply.
Reply to jillan (Original post)
Wed Aug 29, 2012, 11:01 PM
Aug 2012

Solyndra trusted there to be a free market and there is no free market when your competitors have more profits than your business is worth.

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