Business

Next Round: Obama Admin Authorizes Billions More In Loan Guarantees to Solar Companies

SunPower and First Solar are two prominent U.S. solar manufacturers receiving billions in government-backed loans—funding meant to facilitate deployment of utility-scale photovoltaic (i.e. solar power) projects on U.S. soil, writes David Phillips of 24/7 Wall St. Energy Secretary Steven Chu has claimed on the DOE website that such incentives will create “tens of thousands of indirect jobs” in renewable power industries.

Oh, is that right?

Next Round: Obama Administration Authorizes Billions More In Loan Guarantees to Solar ManufacturersSan Jose-based SunPower, which is majority-owned by French oil and gas major Total, received a $1.24 billion guarantee for its California Valley Solar Ranch project, according to Phillips. This 250-megawatt facility, which is being built in San Luis Obispo County, is expected to harness enough solar energy to power more than 64,000 homes and cut carbon emissions of some 425,000 metric tons into the atmosphere annually, he adds.

Additionally, officials in both the administrations of President Barack Obama and California Governor Jerry Brown boast the federal incentives will help to fund employment of some 350 jobs during build-out—from architects and electricians to delivery drivers and pipefitters, Phillips adds.

Sorry, but Phillips bad news for them: “When construction winds down in the next 18 to 24 months, permanent jobs created at Solar Valley are expected to number fifteen—at best!”

Supporters of the photovoltaic-scale utility argue that $315 million will be injected into the local economy through direct and indirect impacts over the life of the project, from an influx of spending dollars (worker wages) to resultant savings from smaller fossil fuel imprints, he adds.

SunPower management and Governor Brown have boasted that the project will nourish growth of  additional manufacturing jobs in the state, as solar panels for the Solar Valley facility will be supplied by the company’s new 75-megawatt (MW) plant located in Milpitas, a suburb of San Jose, according to 24/7 Wall St.

Not to be repetitive, but again, Phillips has some bad news for them: “The Milpitas plant was built in partnership with Flextronics, a Singapore-based electronics subcontractor used by U.S. semiconductor companies to assemble chips more cheaply offshore.”

He continues:

[The] irony is that in addition to partnering with a company that steals U.S. manufacturing jobs, SunPower used DOE funding “to develop both a more efficient panel and lower-cost process for producing the panel,” according to Julie Blunden, SunPower Executive Vice President of Corporate Communications and Public Policy.

Though the facility has some 100 employees, performing tasks like soldering the strings of solar cells together or quality-control inspections, the bulk of the photovoltaic module process is highly automated, writes 24/7 Wall St.

But wait! Phillips has more:

It is also likely that this additional DOE “seed money” will have unintended consequences, in particular, job destruction: Silicon Valley, as admitted by Blunden, is a relatively high-cost labor center. Module prices are anticipated to fall even further next year, as Chinese solar module makers—reputed to be running at less than 50 percent capacity due to weak demand in Europe—flood global markets with even cheaper products across the photovoltaic supply chain.

Facing such “fierce competition” and continued module oversupply, the writers at 10Q Detective suspect SunPower will not be doing much more hiring in the U.S.

He writes:

Memo to Secretary Chu and Governor Brown: the billion given to SunPower will help grow employment, just not in the U.S. Collapsing margins have forced SunPower to ship hoped-for manufacturing jobs outside our borders. In addition to ramping up component manufacturing in Malaysia, the company announced last month that it is constructing a manufacturing plant in Mexicali, Mexico, to assemble the solar panels to be installed at the Valley Solar power station!

So how much did these brilliant “good bets” get in loan guarantees?

“In the past three months, Tempe, Arizona-based First Solar has received federal loan guarantees totaling more than $3.0 billion for two solar farms in California (230-MW Antelope Valley Solar Ranch 1 project and 550-MW Desert Sunlight plant) and a 290-MW photovoltaic power plant in Yuma County, Arizona (Agua Caliente Solar),” Phillips writes.

The global leader in photovoltaic module shipments is expected to use the stimulus funding to hire more than 1,300 construction workers needed to install its Cadmium Telluride (Cd-Te) thin-film panels, according to 24/7 Wall St.

Phillips continues:

Similar to SunPower, however, permanent jobs created will pale in comparison to dollars spent on the projects — just 40 to 50 operations jobs! Additionally, despite best intentions, most of the jobs necessary to assemble components and modules required for these projects will likely go to workers in countries located outside the U.S., in particular Malaysia:

  • First Solar has 24 production lines in Malaysia, compared to just 4 at its Ohio plant.
  • The four plants located in Kulim, Malaysia, employ some 3,400 and have nameplate capacity of 1.4-GW, or about 68 percent of annual production
  • The Perrysburg, Ohio, factory employs about 500 and produces about 248-MW annually, or about 11 percent of total annual output of 2.2 gigawatts.

Those bullish on solar power will argue with the math presented in Phillips’ article and point to First Solar’s construction of a $300 million factory in Mesa, Ariz., as proof of the worthiness and economic value behind the DOE’s investments.

“First Solar promises to hire 600 at first — with expectations to bring on as many as 4,800 workers as it ramps up capacity to meet demand for its thin-film photovoltaic panels in solar farms across the southwestern U.S.,” Phillips writes.

Unfortunately, as Phillips predicts, falling profits will likely force First Solar to back away from itsNext Round: Obama Administration Authorizes Billions More In Loan Guarantees to Solar Manufacturers ambitious plan to expand U.S. manufacturing capacity: Second-quarter gross margin fell to 36.6 percent, from 45.8 percent in the prior quarter, as average selling prices plummeted by 13 percent.

Phillips ends his report on the administration’s backing of solar manufacturers:

As judiciously noted by Irish playwright George Bernard Shaw (1856 – 1950), politicians’ inventive scheming to grow “green” jobs in the U.S. by rushing through DOE-backed solar loans could ultimately prove disastrous for U.S. taxpayers. Ignorance of industry dynamics has already been demonstrated by those in charge of the cash register: $528 million lost in the growing Solyndra bankruptcy scandal!

To paraphrase the late satirist Will Rogers: “The woods are full of people who learned to write but evidently can’t read. If they could read their stuff, they’d stop writing.” Sadly, the corridors of power in Washington DC appear to be crowded with those that can neither write nor read. Expect more millions to be lost in the sake of “jobs creation.”

(David Phillips — 24/7 Wall St./The Blaze)

Comments (144)

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  • mikee1
    Posted on October 8, 2011 at 10:32am

    Where are OUR LAWYERS? The GOV. SHOULD BE SUED ON BEHALF OF THE TAXPAYERS. They continue to STEAL AND SPEND AT WILL.

    Report Post » mikee1  
    • randy
      Posted on October 8, 2011 at 10:44am

      Class action law suit started by the tax payers!!!

      Report Post » randy  
    • TONY BOLOGNA
      Posted on October 8, 2011 at 11:03am

      Agreed!

      We need to have a Class Action lawsuit against George W. Bush and Tricky Dick Cheney for starting the first ever US pre-emptive war against Iraq which was based on lies. Also, Dubya and Tricky Dick Cheney caused the USA to nearly default on its credit due to capricious spending on their two unpaid for wars (Afghan and Iraq), their unpaid for Medicare Part D, and lowering federal income tax rates to the lowest percentages in US history (mind you, taxes were lowered WHILE STARTING TWO WARS which is just retarded!!). Also to be included in this class-action lawsuit is the fact that a Democratic president, Bill Clinton, had left Dubya a record federal surplus in its DC coffers, only to have Dubya and Dicky spend money like a drunken sailor on leave, thereby leaving the incoming president with the largest US deficit/GDP in our nation’s history, while at the same time, creating an economic environment that was killing jobs and increasing unemployment for the incoming president at rates not seen since the Great Depression!! I’m GUMBY DAMMIT! and I want Dubya and Dicky to pay for their capricious and immature “leadership” faux pas!!!

      Report Post »  
    • cloudsofwar
      Posted on October 8, 2011 at 11:11am

      spend spend spend. need to raise taxes. spend spend spend. Obama is a broken record.

      Report Post »  
    • Walkabout
      Posted on October 8, 2011 at 3:38pm

      TONY BOLOGNA
      Baloney. Iraq supported many different terrorists with cash payments, training facilities & more. Try looking it up.

      Try Salman Pak for starters (Terrorist Training camp)

      Report Post »  
    • Nyle
      Posted on October 9, 2011 at 8:12pm

      These are the same Federal programs that are giving ‘grants’ to schools to put solar cells up all over the snowy, cloudy Northeast. Our money is being wasted, hand over fist. Keyensian economics in vast practice. Can we finally admit that the Keynes was a moron. It does matter what the money is spent on. The Individual is much better suited to spend money than the collective.

      Perhaps, we can start teaching about FA Hayek in school now instead?

      Report Post »  
  • SFALLC
    Posted on October 8, 2011 at 10:32am

    With construction at all time lows, and banks not lending, who can afford to buy something where there is no Return on their Investment.

    Solar and wind have been show to have only marginal efficiencies. Betting on energy efficeincy and an energy source we know works, oil and gas is a more viable choice.

    As an independent producer of oil and gas we need capital. Capital to companies like ours will immediately employ thousands, is proven, and will reduce the energy costs to the consumer and on all products produced in the United States. China used energy subsidies to ensure the products produced there were cheaper ensuring their dominance in the manufacturing market. Look it up.

    Now China in in the United State buying up the reserves of oil and gas, with contract that guarantee them all products produced. I say wake up America.

    I am one of the 53%

    http://flagrantquoque.tumblr.com/

    Report Post »  
    • GETLIFE
      Posted on October 8, 2011 at 11:19am

      Yes, to all of the above. Unless…. these companies can now make solar stuff cheaper than the Chinese….

      How could they innocently make the same mistake twice?

      I can not believe this money is not being somehow laundered….

      Report Post » GETLIFE  
    • Detroit paperboy
      Posted on October 8, 2011 at 11:59am

      We are watching the largest hiest in the history of the world. Our treasury is being looted before our ees. I pray to god we survive as a nation, this is scarey stuff. The bigger the lie the less likely people will even know whats happening, i think 2012 is gonna be a route , from dog catcher to president!!!

      Report Post »  
    • quicker
      Posted on October 8, 2011 at 12:36pm

      Definition of an idiot (liberal)doing the same thing over and over exspecting differant results.

      Report Post » quicker  
    • mwhaley
      Posted on October 8, 2011 at 1:04pm

      Obama is just finishing the job that the 911 terrorist could not do on 911.

      Report Post »  
    • SFALLC
      Posted on October 8, 2011 at 1:44pm

      The largest and arguably the most efficient silica mine in the US is idle. It produces 99% pure silica, the silica grade that is required to manufacture the panel and silicon chips. The problem is it is very energy intensive. As an energy company we could produce less expensive panels but most US companies do not get the support of the US government through loan guarantees. You must be a supporter of the regime to get preference. But still panels have no ROI, nor does Wind generation.

      We do know after 25 years of research that the average home owner can under a new program called “RE” being developed can reduce their energy consumption by 85% and to impliment this will cost a home or business owner nothing but a long term energy supply contract. Think of it reducing your utilities by 85% (carbon emisions by 95%) at no cost to you. The Research is done and the technology and method has been proven, but its not considered green.

      We like to say Green with Money, Green with Envy, Green around the Gills. Green is sick with money.

      Reduce, Redeploy, Redistribute, Recycle, Re-commission, Recoup, Reprocess, Reclaim, Reuse, Recover, Regain, Reinvigorate, Refresh, Rejuvenate and SAVE the environment is our Responsibility

      As a small energy company we struggle but we know what were doing. Our struggle is the lack of capital investment.

      http://flagrantquoque.tumblr.com/ (means the blaze in latin)

      Report Post »  
    • kryptonite
      Posted on October 8, 2011 at 2:23pm

      Now China in in the United State buying up the reserves of oil and gas…
      ————-
      That would be high treason. Can you cite your sources?

      Report Post »  
    • SFALLC
      Posted on October 8, 2011 at 4:26pm

      I have had numerous offers to sell, I have th offers and the contracts.

      Report Post »  
    • HumbleMan
      Posted on October 8, 2011 at 5:33pm

      It’s worse than you think. The life-time of these solar panels is less than 25 years, and within 2 years unless they are carefully maintained (not likely) they will be at something like 30% of their original efficiency …

      In simple terms, solar technology is NOT ready for deployment on this scale. It’s still a toy.

      I am a scientist with industrial credibility, and this move to “renewable” energy sources is still a dream. What’s worse is, our primary security concern should be installing the (privately constructed) infrastructure to use our fossil fuels. We have enough for at least a century by most estimates.

      I am the 53%

      Report Post » HumbleMan  
    • TomFerrari
      Posted on October 9, 2011 at 9:14am

      Aw, crap.

      With the chinese buying up our oil fields, we’re gonna end up nationalizing all their assets and being at war, just to be able to access our own natural resources!

      Thanks, green movement.
      Thanks, socialist democrats.
      Thanks, msm.

      (peloser, boxer, and costa helped SHUT OFF THE WATER in ca’s farm district! – CONTROL THE RESOURCES = CONTROL THE PEOPLE ! ) So, when obamacare came along, tada! Suddenly, 25% of the water got turned back on, JUST IN TIME for the obamacare vote, and TWO CA reps changed their votes to support obamacare – overnight – wow – what a shocker – take away the water, then, give it back if you do what you are told. Just how long until they take it away again? )
      The most disgusting part is that the water flows THROUGH THEIR LAND, but, they are PROHIBITED from using it!!! It goes right on down to the ocean and to mexico.

      Thanks, socialist democrats.
      Where is the msm on the millions of acres of dead crops?
      Fox News and local news cover it, but, networks? I guess it is not on their agenda.

      TAKE BACK OUR RESOURCES, AMERICA !

      Report Post » TomFerrari  
    • airportengineer
      Posted on October 9, 2011 at 9:55am

      @ hubleman

      Wind is just as bad! As an engineer, I’ve sat in on some wind classes by the actual wind turbine company engineers and owners and they tell u up front that their equipment has a 10 year life before it needs replaced, AND that if the government didn‘t subsidies their stuff they wouldn’t be putting up their ugly eye soars! The cost of the equipment over a 10 yr life, would leave them in the negative even when u include the electrity! We are essentially paying them to reap in huge profits after they get their generators up! Why should we pay big corporations and millionaires to make millions on our dime? Obama, Gore, and dem’s have been subsidizing the rich in the name if green energy! We should have hearings on why are tax money is being thrown away for others to reap in profits!

      Report Post » airportengineer  
  • drattastic
    Posted on October 8, 2011 at 10:31am

    His little party is over next year. Maybe with any luck he’ll forget to pardon some of his friends and we can throw them in prison where they belong . obama’s punishment ? He goes down as worst President EVER ( Carter moves up a notch) and socialism is set back for decades.

    Report Post » drattastic  
    • randy
      Posted on October 8, 2011 at 10:45am

      I’m afraid the US will not make it until next year.

      Report Post » randy  
    • trueblueday
      Posted on October 8, 2011 at 11:49am

      It seems like corruption has wrapped itself around government like a malignant tumor. Just like a cancer feeds off its host, it ultimately kills the host… and itself.

      Report Post »  
    • kryptonite
      Posted on October 8, 2011 at 2:27pm

      I’m afraid that traitor will not step down. He will commit the greatest election fraud in the history of the world.

      Report Post »  
    • HumbleMan
      Posted on October 8, 2011 at 5:41pm

      I pray you are right. I am now thinking we will elect America’s first “black” president. Bammie’s only half-black. Herman Cain’s the real-deal … and really would be the first post-racial president.

      Cain realizes capitalism is under attack, and he knows we need to stop the progressive movement or else it’s all over for real Americans. Frankly, it makes me smile to think how the libs must be shi#ing their pants when they realize they may face Cain. Romney may have better hair … but I doubt he has better debating skills than Cain.

      Let’s take the carpet from under their feet!

      Cain-Palin 2012!

      Report Post » HumbleMan  
    • KenInIL
      Posted on October 8, 2011 at 6:55pm

      Can we ship all the “Occupy Wall Street” crowd to Malaysia to get the jobs created by Obama ??

      Report Post »  
    • RedManBlueState
      Posted on October 10, 2011 at 12:36pm

      Drat,

      I truly believe there will be a manufactured “crisis” and there will be no election next year.

      Report Post » RedManBlueState  
  • countryfirst
    Posted on October 8, 2011 at 10:31am

    Those whom may have been deaf to the quote” we are only days away from the fundamentally changing of America” . Are now getting wide eyed with disbelief. Look back at what this man and his wife and the people they associated with have said and this is not shocking

    Report Post » countryfirst  
    • Fantastic Four
      Posted on October 8, 2011 at 11:05am

      Crybaby John Boehner doesn’t have the stones to appoint a special prosecutor for those crimminals. It’s time to “RAISE CAIN”. That man child blamer-in-cief needs a good beatin’ with a CAIN.

      Report Post » Fantastic Four  
    • quicker
      Posted on October 8, 2011 at 12:41pm

      @ Fantastic Four,that is why in 2012 we also need to get the rinos out along with the libs and Obama.

      Report Post » quicker  
    • HumbleMan
      Posted on October 8, 2011 at 5:43pm

      “fundamental transformation” … to be precise. And he has no right and no constitutional authority to “transform” America. He’s not a transformer … he’s a Decepticon!

      Report Post » HumbleMan  
  • TH30PH1LUS
    Posted on October 8, 2011 at 10:30am

    Is our economy stimulated yet?

    This was our money wasted, my fellow Americans.

    Report Post » TH30PH1LUS  
    • Hiswill
      Posted on October 8, 2011 at 11:09am

      Why is Obama ranting, “Pass this bill”, when all he has to do is give huge sums of cash to companies of his choosing? The amount of money given to these companies just boggles the mind. He isn’t spreading the wealth; he’s just giving it to single companies.

      Report Post » Hiswill  
    • quicker
      Posted on October 8, 2011 at 12:43pm

      Problely going to his union buddys.

      Report Post » quicker  
    • HumbleMan
      Posted on October 8, 2011 at 5:51pm

      I have been thinking for several days that a law should be passed to prohibit political contributions of any kind from organizations (including corporations and unions) who have governmental “involvement”.

      For example:

      1) SEIU may enjoy tax-exempt status, but should not be able to participate with union money (derived from government employees) should not be able to make political contributions.
      2) G.E. has an inside-track at the white-house, and should be excluded from political contributions
      3) Solyndra is fundamentally supported by public funds and should be excluded from political contributions

      If you don’t see why, then you do not understand the concept of “conflict of interest”.

      Report Post » HumbleMan  
  • AntiLiberal74
    Posted on October 8, 2011 at 10:30am

    I may be a cynic, but if Ronald Reagan were president and he authorized these ‘solar farms’, the Sierra Club would be protesting that he’s ruining the natural beauty of the landscape….just sayin’

    Report Post »  
  • NoraIam
    Posted on October 8, 2011 at 10:29am

    Anything to do with GREEN ENERGY will cost the consumer more,like $50 dollar light bulbs.Yes the Gov. is on a path to destroy America. Instead of progressing we are regressing .We The People need to stop them.

    Report Post »  
  • Falsegods
    Posted on October 8, 2011 at 10:29am

    Impeach that sucker for MONEY LAUNDERING !
    Solar Laundry, wake up .

    Report Post »  
  • Bowmaster
    Posted on October 8, 2011 at 10:27am

    More payoffs to his union cronies.
    Soon, he will seize empty homes and motels for the poor, just like Chavez!
    When the wall street protests reach a crescendo, he will try to disarm us to prevent violence.
    The Chineese have already volunteered to help.
    We must stand strong and stop this orchestrated madness before it is too late.
    This is a plan to do just what Obama said……fundamentally transform America!

    Report Post » Bowmaster  
  • Censored_by_the_Illuminati
    Posted on October 8, 2011 at 10:26am

    Soylyndra blames their failure on cheap Chinese solar panels. So the smart thing to do is invest more money in businesses doomed to fail? LOL!

    Report Post »  
  • Secessionista
    Posted on October 8, 2011 at 10:24am

    Solar cells are not rocket science – we’ve been making them for 40 years now. If a solar cell cannot return enough energy to justify it’s manufacture, then no amount of money EVER is going to tip the scale.

    And that, in a nutshell is why solar power will never be viable IN IT’S PRESENT FORM.

    Only a real financial loser would invest in such a folly. Cue Obama. Liberals are very very bad with math and numbers. This is why they think sending government taxpayer funds to solar companies will green the earth when, in fact, this is causing even more pollution than oil and coal. This is also why so many liberals want free stuff – free college, free houses, free food, free transportation – they are unable to hold onto a dollar if they ever get their hands on one.

    Liberals – leave the money decisions to conservatives. In the end, your poor butts will be better off, because the nation will be wealthier. Even you.

    Report Post » Secessionista  
  • tobywil2
    Posted on October 8, 2011 at 10:21am

    More alternative energy? The reason why it is alternative energy is that it cost more than primary energy. Increasing energy cost can only can only result in lowering your standard of living and forcing more citizens below the poverty line. Energy has the greatest effect on the poor that the Tyrant claims to want to help. What do you think is the real objective of the Tyrant http://commonsense21c.com/

    Report Post » tobywil2  
  • RamboTheDog
    Posted on October 8, 2011 at 10:21am

    Arggh! We need a constitutional ammendment that states “The Federal Goverment Must NEVER bailout, invest, loan or guarantee loans for any public or private entity and NO taxpayer dollars can ever be spent on such folly again.

    If there’s a demand for something the private, free market system will provide it..not the goverment.

    Report Post » RamboTheDog  
    • pamela kay
      Posted on October 9, 2011 at 12:18am

      sounds good to me. I would also set a limit on campaign funds.

      Report Post » pamela kay  
  • timej31
    Posted on October 8, 2011 at 10:19am

    Remember to vote!!!!!

    Report Post » timej31  
  • whywonder
    Posted on October 8, 2011 at 10:19am

    I’ll talk solymdra if we also discuss the private contractors in iraq were we
    have 9 billion inaccounted for. In case you folks dont understamd…9 billion is alot more than 500 million. I will say the solyndrs people need to be held accountable so does anyone that accepted tarp/stimulis money and then doled that money to their cronies.

    Report Post »  
    • whywonder
      Posted on October 8, 2011 at 11:06am

      “unaccounted”

      Report Post »  
    • let us prey
      Posted on October 8, 2011 at 2:11pm

      The next round of cash is not even out of our wallets yet. We will not get money back from ten years ago or from three years ago. What is the point of arguing that? Do something about what is going to happen. These fake protestors should be calling for the impeachment of obumbler and the resignations of all congress members. We know they will not do that!

      Report Post » let us prey  
    • Walkabout
      Posted on October 8, 2011 at 3:16pm

      whywonder

      As was pointed out unaccounted is not the same thing as stolen.

      Report Post »  
    • Walkabout
      Posted on October 8, 2011 at 3:21pm

      whywonder
      9 Billion for a 10 year war. War is chaotic. It is made more chaotic by the fact that strategy could change every 4 years or even less. Strategies that you spent money on are abandoned wasting money, but it must be done,because the military has tom follow the dictates of the President & that is influenced by Congress & polls. So don’t blame the military for all the wasted money.

      Even now there are prosecution for fraud. A blind eye is not being turned on corruption in contracting.
      So how much of the 9 billion was frauds & not accounted for? You don’t know. You’re just trolling throwing out little zingers (i your mind). You should have been there. Maybe then you wouldn’t said like such a snarky lefty.

      Report Post »  
    • Walkabout
      Posted on October 8, 2011 at 3:23pm

      whywonder
      The 500_ million (1/2 billion ) is just the 1st round. As someone else pointed out more losses are coming. Give Obama 10 years he could lose way more than 9 billion.

      Search your feeling whywonder; you know it’s true!

      Report Post »  
    • whywonder
      Posted on October 8, 2011 at 4:20pm

      Walkabout
      I did not blame the military i blamed the use of private contractors that have no bid contacts. Did you actually read my posts? Do you really believe china is about to invade texas? I’m not scared of anything except for your idiocy. All you do is provide snarky comments about the left and blame obama for everything. Do you think all of americas problems began jan 20,2009?

      Report Post »  
  • Silversmith
    Posted on October 8, 2011 at 10:19am

    For cryin’ out loud stop it, just STOP IT!!!!

    Silversmith

    Report Post » Silversmith  
  • Snowleopard {gallery of cat folks}
    Posted on October 8, 2011 at 10:19am

    Here we go again with one more massive failure and bribery funding, part of Mr Obama’s plan to be the one to destroy the country completely.
    http://artinphoenix.com/gallery/grimm (cat folk art)

    Report Post » Snowleopard {gallery of cat folks}  
  • kickagrandma
    Posted on October 8, 2011 at 10:18am

    NO!
    Not on our watch.
    GOD HIMSELF IS getting ready to intervene, folks
    PRAY ON, AMERICA.

    Report Post »  
    • whywonder
      Posted on October 8, 2011 at 11:19am

      Kickgrandma
      How do YOU know god is going to intervene? Jesus isn’t coming, mankind is going

      Report Post »  
    • Walkabout
      Posted on October 8, 2011 at 3:26pm

      whywonder
      Why are so scared that someone thinks differently than you? Are you scared that they might be right & you might be wrong?
      I think you want to discredit the Jesus so much, because then you believe that everyone will have morals like yours. I guess your convictions are not unshakeable. LOL.

      Report Post »  
  • commonsenseguy
    Posted on October 8, 2011 at 10:18am

    he calls them bets,not loans, he his betting that they will not go out of business before reelection, i wonder i there are any bookies taking bets that they will, with what little money i have left, i would take that bet, he is will to loss more of our hard earned money for a piece of green pie,and a taste of that rainbow stew, it will never happen, but he is determined to force it to happen,if that means we go broke trying and he gets reelected.

    Report Post »  
  • mjhoman
    Posted on October 8, 2011 at 10:12am

    Eventually Obama will get what he is trying to accomplish, a completely bankrupted America. To spend money as foolishly as our government has and is lately on things that seem totally backeard, it can only be for one reason. Not to fix anything, but to drain our money so far, there will be no turning back to it. A new system. Anyone who thinks this is about jobs or clear energy is a fool. If it were, then we would be the top producers and it would have been under way.

    Report Post »  
  • paulusmaximus
    Posted on October 8, 2011 at 10:11am

    If we can‘t won’t or don’t stop this stupidity, this country is no more. The fox is in charge of the chicken coop!

    Report Post » paulusmaximus  
  • Bum thrower
    Posted on October 8, 2011 at 10:11am

    FIFTEEN “green Jobs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Now that’s “Hope and Change” you can count on!!!

    Report Post »  
  • tobywil2
    Posted on October 8, 2011 at 10:09am

    Cartoon exposes the “Great Global Warming Scam” http://commonsense21c.com/images/GLOBAL_WARMING_SCAM.jpg
    Don’t you get it yet? The whole “Global Warming Scam” is simply an emotional argument to allow the tyrants to reward their political cronies with your hard earned money.

    Report Post » tobywil2  
  • PaulfromTexas
    Posted on October 8, 2011 at 10:07am

    only jobs from this will be the ones the lawyers get

    Report Post »  
  • jcknccmret
    Posted on October 8, 2011 at 10:05am

    GO BOZO GO. He continues to wreck the country so him and his leftist buddies and covert us to a Socialist state.

    Report Post »  
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