Google billionaires request $539 million federal bailout after spending $1.6 billion of “stimulus” funding on failed solar power project
Ivanpah is a solar power company owned by Google, BrightSource Energy, and NRG.
In April 2011, as part of Obama’s “stimulus,” Obama gave Ivanpah a $1.6 billion loan guarantee to build a solar power plant.
In November 2014, when the plant was up and running, Associated Press reported that it was producing only “about half of its expected annual output.” The California Energy Commission blamed this failure on “clouds, jet contrails, and weather.”
In November 2014, Ivanpah asked Obama for a $539 million bailout.
Google is owned by Larry Page and Sergey Brin. At the time they requested this $539 million bailout, Page was the 19th richest person in the world, with assets of $30.4 billion, and Brin was the 20th richest person in the world, with assets of $30 billion.
I’m curious to hear anyone’s ideas about what could be done to solve this problem.
My proposal: shut down the D.C. public school system, give vouchers to the parents equal to 49% of what the public schools are currently spending, and use the other 51% to cut taxes.
What ideas do others here have on how to fix this problem? Please offer your ideas in the comment section.
CNS News reports:
DC Schools: $29,349 Per Pupil, 83% Not Proficient in Reading
The public schools in Washington, D.C., spent $29,349 per pupil in the 2010-2011 school year, according to the latest data from National Center for Education Statistics, but in 2013 fully 83 percent of the eighth graders in these schools were not “proficient” in reading and 81 percent were not “proficient” in math.
These are the government schools in our nation’s capital city — where for decades politicians of both parties have obstreperously pushed for more federal involvement in education and more federal spending on education.
It has just been reported that Obama gave taxpayers’ money to Serco, an Obamacare contractor, to hire employees to do nothing. The more employees that Serco hired to do nothing, the more taxpayer money it got from Obama. At the time of the report, Serco was still hiring new employees.
It took the government two years and 30 trials to fire a court stenographer who typed gibberish instead of actual transcripts
Here’s a great example of how difficult it is for incompetent government employees to get fired. For at least two years, and for at least 30 trials, this court stenographer did not do his job properly, but was still able to remain employed.
I can’t imagine someone in the private sector keeping their job for even one day after doing something like this.
Retrying these 30 court cases could easily run into millions of dollars.
Why doesn’t the government make audio recordings of these trials?
The New York Post reports:
Rogue alcoholic court reporter kept writing ‘I hate my job’
An alcoholic Manhattan court stenographer went rogue, channeling his inner “Shining” during a high-profile criminal trial and repeatedly typing, “I hate my job, I hate my job” instead of the trial dialogue…
The bizarre antics by Daniel Kochanski, who has since been fired, wreaked havoc on some 30 Manhattan court cases, sources said, and now officials are scrambling to repair the damage.
One high-level source said his “gibberish” typing may have jeopardized hard-won convictions…
Kochanski’s botched transcripts include the 2010 mortgage-fraud trial of Aaron Hand, who was also convicted of trying to hire a hit man to take out a witness against him.
A source familiar with the case said Kochanski’s transcripts of that trial were a total mess.
“It should have been questions and answers — instead it was gibberish,” the source said.
And in a scene right out of 1980’s “The Shining,” where Jack Nicholson’s off-the-rails writer repeatedly types “All work and no play makes Jack a dull boy,” a source said of Kochanski: “He hit random keys or wrote, ‘I hate my job. I hate my job. I hate my job,’ over and over.”
I am not at all, in any way, surprised by this.
Given all of the many, many, many other things that Obama has done, I actually expect things like this to happen.
What I don’t expect is for Obama to do anything about it. Sure, he may pay lip service, and pretend to get all angry and upset. But in the end, he won’t ask for the money back, he won’t fire anyone, and he won’t prosecute anyone for fraud.
Instead of practicing what she preaches in her “Let’s Move” program, Michelle Obama has decided to avoid picking her own vegetables from her own garden, and instead, to allow them to rot.
In the famous White House kitchen garden, tomatoes are rotting on the vine. Herbs have gone to seed. And the sweet potatoes – a favorite of President Barack Obama – have become worm food.
It’s another impact of the government shutdown, one that only the fox and the many squirrels that live on the White House grounds could love.
For the past five years, the media has told us about Michelle Obama’s garden. But now we see that it’s a fraud. It was never her garden. It is and always has been the government’s garden. And now that there’s a government shutdown, there are no government employees to pick the vegetables.
I guess Michelle Obama is too lazy to take her own advice from her “Let’s Move” program to “get moving” and pick her own vegetables.
This isn’t the first example of the government shutdown exposing how spoiled and lazy she is. After the government shutdown caused her 16 “assistants” (who are paid salaries as high as $172,200) to be laid off, her Twitter account said:
“Due to Congress’s failure to pass legislation to fund the government, updates to this account will be limited.”
On September 22, 2008, candidate Obama said:
“I am not a Democrat who believes that we can or should defend every government program just because it’s there… We will fire government managers who aren’t getting results, we will cut funding for programs that are wasting your money and we will use technology and lessons from the private sector to improve efficiency across every level of government… The only way we can do all this without leaving our children with an even larger debt is if Washington starts taking responsibility for every dime that it spends.”
However, after he won the election, President Obama spent $516,000 of taxpayers’ money on a video game called “Prom Week.”
I guess this means that based on his own words, he doesn’t consider this spending to be “wasteful.”
This is one of the reasons why he wants to raise taxes?
I “hope” we “change” the person who is President in the upcoming election.
When Obama carried out his Solyndra con game, he broke the same law that Martha Stewart went to prison for breaking
In 2009 the Obama administration gave $535 million to Solyndra, claiming that it would create 4,000 new jobs. However, instead of creating those 4,000 new jobs, the company went bankrupt. It was later revealed that the company’s shareholders and executives had made substantial donations to Obama’s campaign, that the company had spent a large sum of money on lobbying, and that Solyndra executives had had many meetings with White House officials.
Chicago government spends $90,000 per year on each of 200 employees to spend most of their “work” time sitting around doing nothing
The Chicago Sun-Times reports:
We all know that President Obama wants to raise taxes. During his presidency, the federal government has been purchasing soda for a cost of $3.40 per can. Obama has not expressed any desire to switch to a cheaper seller, such as Costco, amazon.com, or Wal-Mart – or to an even still cheaper seller such as a wholesaler. Instead, Obama continues to force taxpayers to pay these outrageous prices for soda. I wonder whom the government is buying this ridiculously overpriced soda from.