Solyndra Bankruptcy = China d. USA
For those of you concerned about the Solyndra bankruptcy, I can explain it in a sentence: The Chinese have outcompeted the USA, yet again, in manufacturing, and as a result, another American company shuts down because it cannot compete with the dropping price of, in this case, solar energy.

Our world is filled with energy, and we're still learning how to collect it and efficiently put it to use
It’s unfortunate that the US is being outcompeted on solar manufacturing, even as energy independence becomes a more urgent priority. Oil, at best, is a short term solution. It can be done, but Americans haven’t found a way to make solar power as cheaply as foreign competitors. The US should take this as a challenge to work harder, better, and faster, so that we can achieve energy independence.
The price of green energy is actually falling all over the world, but many Americans remain unaware, because this topic is unpopular with American media (except for tiny voices like this). People don’t like hearing what they don’t want to hear.

Even though we have no idea what we're doing with the abundant, cheap oil energy we have now, we're willing to sacrifice the environment to continue the dead-end habit
Some Americans say drill baby drill, but I say, invest!
In manufacturing, to be specific! It’s what the Chinese have done.
In American economics, they worship at the altar of the GDP. It’s the only relevant measuring stick, in their opinion.
Better than simply counting profit, which isn’t always a good quantifier of gain, think about what you actually do. In America, we trade information. Whether it’s stocks on wall street, titles to property, or anything online, America sells information. To each other, to the world, whatever. It’s our primary export. But what do we actually do that moves atoms on Earth?
A country that makes tangible goods will always be ahead of a country that makes information. Information can be copied, that’s the point of information. On information, the Chinese will always be a step behind, but never more than that.
The Space Shuttle wasn’t profitable, so it’s being defunded. Apparently, we need clear and present danger before we can justify spending money on sending humans into space, aka that big empty area above us where satellites live. Oil, however, is profitable…

Oil oligopolies collect $120 in declared profit annually, that's take it home, swim in it, do what you want with it profit
…and sooner or later we’ll probably have an ocean of it.
But educating poor people isn’t profitable, so we don’t do that either. Prisons, however, are profitable, and flourish in this country like none other.
Building tall buildings isn’t profitable for big business, so the tallest building in the USA is now the “Willis Tower,” a monument to failed 20th century economics.
America thinks they’re very special, and why? Because we used to make a lot of stuff here? Like, in World War 2? It’s not at all about having a strong military, it’s about being able to build one very quickly – the second great war taught us this if nothing else. China has this ability now, and America does not.
The Chinese have showed us, not told us, that the competition is on. Who can better move the atoms of our Earth, better create, better control our reality?
It’s the space race of the 21st Century, and America needs to start working.
America has one course of action that can lift us out of this rut – robotic manufacturing – aka, 3d printing.
It needs investment. Massive, massive investment.
Think I’m crazy? I have strong allies in my corner…
“Eccentricity has always abounded when and where strength of character had abounded; and the amount of eccentricity in a society has generally been proportional to the amount of genius, mental vigor, and courage which it contained.”
- John Stuart Mill
What I’m writing here, I acknowledge, is not what you will find in the mainstream. That’s the point. If you, like most other people, agree that the “main stream” is going in the wrong direction, then by natural deduction, you require yourself to be open to ideas like this. Most news articles I read state some facts, and then state some opinion about them. Few articles I’ve found state a problem and state a solution in the same article. Apparently, that’s a lot to ask. So when I criticize, I offer up a viable alternative. It’s not complaining if you present a better option.
Hello:
I would propose that this bankruptcy was simply fraud.
Where did the money go? Did they even produce anything?
When you look at the number of employees they had, the amount of time they worked, and the money that was spent…that was like $900 per employee per day! A decent job pays $100 a day, a good job pays $200 a day, $300 a day is a terrific job. The mind reels at a $900 a day job, and this company had 1,100 employees!
What was going on? If I had available capital of $500K, I would be SET FOR LIFE. I would also be able to produce a couple of jobs on TOP of that.
What a waste, what a fraud!
Only the facts will tell whether this specific bankruptcy is actually fraud, or just another American fair trade casualty. I would most definitely stop short of accusing Solyndra of fraud or malicious intent without strong factual support, and I have seen such facts.
Your point is valueble for me. Thanks!
My site:
prets en ligne http://www.rachatdecredit.net
Solyndra LLC, had obtained a $535 million federal loan guarantee in 2010. But now, it declared that they would be filing for bankruptcy. What could be the reason behind? Article same subject is Government-supported Solyndra declares bankruptcy .Financial management is really crucial and risky in an organization considering it’s asset, liabilities and income. The SWOT analysis can identify its annual performance and can determine possible strategic solutions either for survival or for dissolution in the business industry.
Oh oh:
I am sorry to say, but it looks like I was prescient in suggesting that there was funny business going on at Solyndra.
Bruce Krasting at Zero Hedge has done some preliminary investigation of this and he has discovered some disturbing items. Namely that the private equity investors might have a superior position to the government loans. He also found out that there is a huge donor to the Obama campaign that is wrapped up Solyndra investments.
Karl Denninger has come right out and accused the administration of a an improper bailout of private equity. The title of his article?
“Solyndra: Incompetence In Government Or Corruption?”
As time passes, more information will be made public and the truth will come out.
You don’t lose this big a business and this amount of money without something funny going on.
I really wouldn’t be surprised if Solyndra was supposed to go down. It wouldn’t be hard to start a dummy green company to attract investment and then intentionally crash to try to kill green energy and further entrench the paradigm of oil.
Hello:
Just went to “Business Insider” who reports that the San Jose Mercury News has reported that the FBI has raided Solyndra’s office and has taken large amounts of documents, taped off the area, and posted guards.
Not too much else was said.
I’m going to go out on a limb and guess that this is not a good development.