Presidential Elections

NEW -> Contingent Buyer Assistance Program
Mexico has agreed to build Trump's wall but under one condition.... :)

2473cc8f11adde65ddc4972556c76b8f4230f384.png
 
morekaos said:
tim said:
morekaos said:
I have no problem paying taxes. I hate it when everyone jumps on the parabolic train and accuses anyone who gripes about taxes as if they don't want to pay any at all.  That's not the case. Of course we need some taxes to cover some of the things you describe. My beef is magnitude and the efficiency of taking my money and squandering it wastefully then demanding more and more.  I've had about enough of that.
Click to expand...

I have heard many others who claim they are a self-made man and don't want the govt to take any of it. I lumped you in with them. I read your post talking about Collectivism vs Individualism and people being selfish and such as leading that way. We can agree that we should never stop asking our government to be more efficient and to waste less.
Click to expand...

Its wasteful crap like this that drives me crazy. It is true that the road to ruin is paved with good intentions...or a bunch of pompous self-righteous do-gooders who funnel our hard earned (in this case another $1.6 BILLION) tax dollars down the rat hole.  Thanks you very much!!!

Taxpayers Are Footing Bill for Solar Project That Doesn?t Work

Here?s the story so far, Ivanpah:
?Is owned by Google, NRG Energy, and Brightsource, who have a market cap in excess of $500 billion
?Received $1.6 billion in loan guarantees from the Department of Energy
?Is paid four to five times as much per megawatt-hour as natural-gas powered plants
?Is paid two to three times as much per megawatt-hour as other solar power producers
?Has burned thousands of birds to death
?Has delayed loan repayments
?Is seeking over $500 million in grants to help pay off the guaranteed loans
?Burns natural gas for 4.5 hours each morning to get its mojo going

Brightsource, which is privately held, is owned by a virtual who?s who of those that don?t need subsidies from taxpayers and ratepayers.

In spite of all this, Ivanpah has fallen woefully short of its production targets. The managers? explanation for why production came up 32 percent below expected output was the weather. In addition to raising questions about planning for uncertainty, it is not all that clear how a nine percent drop in sunshine causes a 32 percent drop in production.

More bizarrely, the natural gas used to get the plant all warmed up and ready each day, would be enough to generate over one quarter of the power actually produced from the solar energy. Sorry, let?s not be haters.

The problem for Ivanpah?s customers (California power utilities) is that they planned on all those solar watt-hours to meet California?s renewable power mandates, which require that renewables produce a large and rising fraction of California?s electricity. That is why they pay so much more for Ivanpah?s output than for conventionally powered electricity.

Breaching their contracts with these California utilities threatened to shut down Ivanpah. More likely than permanently shutting Ivanpah down, would have been a change of ownership at a price that came closer to reflecting reality.

But this would have been bothersome for Ivanpah?s investors and the Department of Energy?s ridiculous Section 1703 Loan Program, so the California Public Utilities Commission saved the day (for the fat-cat owners, of course, not for actual the electricity consumers) by granting the company an extension to meet the production targets.

The best part of the ruling is the section on the cost?it?s pretty succinct.

Here it is in its entirety:

PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

But, hey, Ivanpah?s plant is a shiny new technological marvel. That?s what counts, right?

http://dailysignal.com/2016/03/29/taxpayers-are-footing-bill-for-solar-project-that-doesnt-work/
Click to expand...

More short sighted, wasteful government spending. The only irony is that corrupt politicians may lose some loose change. Not only did this company employ the best of the best lobiest in DC, when they declare BK we will find that government funding and loan guarantees littered their balance sheet.  More BS chasing an illusion that markets have shown to be imprudent investments.  Thanks.


Pelosi?s Husband Invested in Solar Firm Weeks Before Lucrative Expansion


SunEdison is now eyeing bankruptcy, but Paul Pelosi invested right before a 2014 stock rally

SunEdison has maintained strong a strong presence in Washington throughout its financial woes. The company has spent more than $1 million on its lobbying operation since 2011.

It has employed lobbyists with the powerhouse Podesta Group since 2012, disclosure forms show. In 2015, it brought on 38 North Solutions, a green energy focused lobbying firm. Both firms lobbied to preserve federal tax credits for renewable energy generation.

Pelosi fought for the extension of those tax subsidies in a major congressional deal late last year.

The Podesta Group is run by a top Hillary Clinton fundraiser. Its cofounder chairs her presidential campaign, to which SunEdison donated last year. The company has also donated to the Bill, Hillary, and Chelsea Clinton Foundation.

The son of Ira Magaziner, the chief executive of the foundation?s health policy arm, served as a ?clean energy associate? at the foundation before taking a project finance position at SunEdison last year.

http://freebeacon.com/issues/pelosis-husband-invested-solar-firm-weeks-lucrative-expansion/
 
This is the funniest thing he said all week....

Vote for me ? get rid of them! Trump pledges to do 'a great service to our country' after Lena Dunham, Rosie O'Donnell and Whoopi Goldberg promise to flee the U.S. for Canada if he's elected


'We'll get rid of Rosie? Oh, I love it. Now I have to get elected!' he said during an early morning phone-in interview.

'Now I have to get elected because I'll be doing a great service to our country. I have to. Now it's much more important. In fact I'll immediately get off this call and start campaigning right now.'

http://www.dailymail.co.uk/news/article-3559534/Trump-says-ll-doing-great-service-country-victory-makes-Rosie-O-Donnell-Whoopie-Goldberg-Lena-Dunham-flee-America.html
 
Bernie will meet with Obima this Thursday. I predict Obama will tell Bernie to stop his campaign.

Trump can't shake controversy away. His comments about the judge have been condoned by both sides.
 
eyephone said:
Bernie will meet with Obima this Thursday. I predict Obama will tell Bernie to stop his campaign.

Trump can't shake controversy away. His comments about the judge have been condoned by both sides.
Click to expand...

What a funny guy
 
jmoney74 said:
eyephone said:
Bernie will meet with Obima this Thursday. I predict Obama will tell Bernie to stop his campaign.

Trump can't shake controversy away. His comments about the judge have been condoned by both sides.
Click to expand...

What a funny guy
Click to expand...

Which one Uncle Bernie or Dump Trump
 
eyephone said:
jmoney74 said:
eyephone said:
Bernie will meet with Obima this Thursday. I predict Obama will tell Bernie to stop his campaign.

Trump can't shake controversy away. His comments about the judge have been condoned by both sides.
Click to expand...

What a funny guy
Click to expand...

Which one Uncle Bernie or Dump Trump
Click to expand...

Trump. Never ceases to amaze me.
 
You must log in or register to reply here.
Back
Top