part of the ARRA (aka the stimulus) was to turn the DOE (department of energy) into a venture capital fund for renewable, sustainable energy made right here in the USofA.
well, in capitalism, not every investment turns up gold nuggets. some of the investments have failed, while others have succeeded wildly. we are closer to a battery that stores solar power than ever before thanks to the ARRA.
of course, the GOP focuses only on one failed investment, solyndra, and the fact that some of their employees made contributions to obama, which is not surprising given the fact that the GOP is not focused on the energy of the future, whereas the democrats are. they ignore all the successful companies, like the one where i live which was just purchased for billions of dollars.
selective douchery on the part of the GOP.
the department of energy turned into a holstien that could be milked by the political power players endlessly.
there has been no success, there is no "battery that stores solar power", that statement alone is retarded, i assume you mean a battery that stores power from a solar cell, which would be... ANY BATTERY! but ill assume you meant something not stupid. you may be a hack bucky, but your not a dumdum.
the much hyped fuel cells are still an expensive toy for wealthy plutocrats, electric cars will always bee less efficient than any other method of powering a motor vehicle, and obama has no conscience, only expedience.
solyndra was started by, backed by and operated by one of obama's biggest money bags. Barry's Big Bucks Billionaire Bundler bailed out with a platinum parachute when the bullshit company was exposed as nothing but a a shell game. instead of taking the inventory as the only return we would ever see from this "investment" and installing them on public buildings, Mr Seotoro ordered the solar panels destroyed lest they destabilize the market for inefficient poorly made solar cells. nce job.
solyndra is not the only obama boondoggle (african scrotum washing) that has floated to the top (GSA hoedown with hookers psychics and party clowns) in the obama regime (secret service hookergate), nor will it be the last (waging war for almost 150 days without mentioning it to congress) The Obama regime (obama lied to the pentagon about congressional approval for bombing libya)has blundered their way through countless opportunities (top secret british antiterror operations leaked for obama's glorification) to improve the nations economic outlook (british agents still under cover when their cover was blown) and he has missed them all (british government pissed at obama risking their men's lives for a cheap political pop, and it wasnt even a US operation). you may call it partisan (still hasnt shown his real birth certificate) but these things matter (may not even be a US citizen even though he WAS born in hawaii) some people in this country (indonesian citizenship was an exclusiver proposition, his momma severed his US citizenship in exchange for indonesian citizenship)still believe in the prinicples (obama's momma legally changed his name to barry seotoro, he never changed it back) of honesty and forthrightness.