On September 5, two people walked into a convenience store, one dressed as Gumby and the other normal. Gumby walks to the clerk and pounds his fists on the counter demanding money. Then he reaches for his pockets only to drop some coins. After unsuccessfully picking up the coins, Gumby leaves the store with accomplice.
What is the world coming to? I want to say that this behavior can be explained by the Strain theory, about how society demands such as economically success and the “normal” methods we use to attain these goals. So these guys decided to achieve that goal buy robbing a Seven-Eleven store. However, their deviant act back fired, “Gumby” actually lost money in the process of robbing the convenience store. I can only assume these individuals lack some critical thinking skills and for that reason got caught. Institutional barriers such as access to good education or lack of support from community could be a possible reason these individuals were led to the “Gumby” Idea.
First off this is why that they do not rush loans, especially when you are dealing with a five hundred million dollar loan. It says a couple of weeks ago collapsed a couple of weeks, leaving tax payers liable for the five hundred and thirty-five million dollar loan. I know it is the White House officials trying to rush the loan, but you just cant rush that kind of money. I clicked on the link "collapsed" and it does say the solar plant was shutting down and that they were laying off 1,100 people. This is a perfect example that the upper class and government does not care about us because now we are getting shelled for the loan. This just shows what it can do for you when you work for the White House or the government. All of this just for Biden to announce it in September.
HA!!!! lets pour lots of money and resources into a corporation and see those resources and funds drain down the toilet. This is why government and government officials cannot be trusted to control our tax dollars. YA!!!! right the article informs the general public that no one tried to be influential on the loan. If anyone believes that statement I have some ocean front property in Arizona I would love to sell. This is what you get in the name of capitalism if we continue to treat large corporations with kid gloves by providing loopholes and tax shelters we will fail as nation. I love capitalism and believe strongly in the system but 1 bad apple is all it takes to stain our trust of the system. Once again ordinary taxpayers in the name of capitalism are being held hostage. This administration rushed the loan for what reason we will never know. The Obama administration violated the law regardless of your political views. He restructured the loan and put big business before taxpayers. If this is not some sort of government crime at the highest level then I am not sure what is criminal anymore.
I agree with you, Craig, this truly is a case of governmental and corporate crime at the highest level. First, Rahm Emanuel and Biden presses the Office of Management and Budget to get the loan approved quickly because they have a groundbreaking event scheduled. Through various emails, the OMB expresses concerns that "The optics of the Solyndra failure would be bad and were questioning the technology," but were pressured to sign-off on the loan. Of course, the White House is maintaining that they were unaware of any direct involvement in securing or accelerating the loan. The really appalling chapter to this crime is that the government was warned that Solyndra was having problems, so what does the government do? They refinanced the loan but because of loopholes the attorney's have found they put the Solyndra investors on the front end of repayment of the loan and subrrogated the taxpayers last. This loophole should be investigated because they made there own rules in refinancing this loan. Sound familiar?
I would honestly be lying if I said this investigation surprises me. I have no idea why any of us pay taxes anymore. It really concerns me, however, doesn’t surprise me. It pretty much makes me sick to hear and read about the amount of money the “tax payers” owe. Seriously, here is another 535 million, and at some point I think we should stop printing money and start printing “I owe you” notes. I am beginning to loose all hope in our government and am starting to agree with those who have been saying for years that the government should not be controlling our taxpayer money. And seriously, it also, does not surprise me that the White House is denying any kind of direct involvement and it wouldn’t surprise me if all this get’s shoved under one of their million dollar rugs and the media goes back to reporting about Lindsey Lohan and Angelina Jolie and Brad Pitt. :/
Obama announced this week that "There were going to be some companies that did not work out; Solyndra was one of them," he said, "But the process by which the decision was made was on the merits, it was straightforward." What merits??? The government knew Solyndra was going down before they refinanced the loan to them. Also, Jonathan Silver, head of the Loan Programs Office, is stepping down, the Energy Department confirmed Thursday. How much money is he getting when he leaves this position? I do not understand the remark that Obama made that "it is expected that one company like Solyndra could fail" Is he anticipating another guaranteed programs going bust. Who is advising him to push these earmarks through? The House panel has expanded its investigation to include emails between the White House and the company to prove that the protocol for making this loan was breached. Stop taking bets with the taxpayer's money!
Definately a form of governmental crime. Why? Because you have the Obama White House involved with the Office of Management and Budget, whom are in charge of giving their final decision on financial reviews in regards to loans being lent to corporations. And in this case, we are talking about half a billion of dollar loan. In the little time period that was given to OMB for their final review, it is too risky to just lend out such amount of money. MOB even stated that they were rushed to come up with the decision by a certain time period and it was not enough time for them because they wanted to do things the right way. However, this is where controversy comes in: was MOB forced or obligated to approve of the half million loan? No!! Yes, the Obama White House pressured for a time period on the (decision), not on the time limit to actually give out the loan to Solyndra. And now look, Syndra went down and now taxpayers are suffering from this. I do agree with Creig, that Obama put the loan business before taxpayers. Yet, I remain at this, OMB was pressured for a date of decision, just not an obligated time to approve of the loan being lent. Very controversial.
This is a governmental crime due to the fact that Obama White House was trying to rush the approval of the loan by saying the President needed to announce the project in his upcoming speech. OWH didn't give OMB enough time to review everything they needed to look into. This makes it suspicious because it seems like OWH has something they didn't want OMB to find out when they were reviewing the facts for the loan. OWH pressuring OMB to hurry and approve the loan so that OMB would overlook certain things and feel the need to just approve the loan since President Obama "needed" them to have this loan approved quickly. This reminds me of what had happened with Countrywide and Merrill Lynch, where the CEO, or whomever had the most power asked those below them to just "overlook" certain people for loans without having those people submit all the forms they need for the loan. In all, this project was bound to fail, just like all the businesses that have failed due to this crime.
YAY more money coming out of us for something we weren't even involved in. Making the ones who were directly responsible should be the ones paying this 535 million. I'm sure they can scam some other people and get the money out of them. Why us? Why is this put on us? And why is it no one can take responsibility for their actions. When I mess up I can take the responsibility and our own government cant do that. Honestly, we are being over run by immature children. They care about money and power. Not americans. HAlf the reason I believe their is any governmental crime is because they know they can get away with it. Let's stop the drug war but lets not stop the crime happening right under our noses!!! GEEZ. Something needs to be done and fixed but how would we even do that? The government has too much power.
Just another example of the government being taken for millions of dollars, which the taxpayers end up paying for. The fact that this was pushed through without the proper investigation into the company is a crime. The government shouldn’t be loaning money to companies that have not been fully investigated. The white house screwed this one up, by pushing congress to get this signed off on without the proper investigation done. All it does is waste the taxpayers’ money even more than what the government normally does. Solyndra should have to pay back the government, but that will never happen. The money given to them for the loan is gone, what it was spent on we will never know. Another fine example of government and corporate crime at its best.
Gumby Bandit
ReplyDeletehttp://news.blogs.cnn.com/2011/09/14/police-alleged-gumby-bandit-turns-self-in/?hpt=ju_t2
On September 5, two people walked into a convenience store, one dressed as Gumby and the other normal. Gumby walks to the clerk and pounds his fists on the counter demanding money. Then he reaches for his pockets only to drop some coins. After unsuccessfully picking up the coins, Gumby leaves the store with accomplice.
What is the world coming to? I want to say that this behavior can be explained by the Strain theory, about how society demands such as economically success and the “normal” methods we use to attain these goals. So these guys decided to achieve that goal buy robbing a Seven-Eleven store. However, their deviant act back fired, “Gumby” actually lost money in the process of robbing the convenience store. I can only assume these individuals lack some critical thinking skills and for that reason got caught. Institutional barriers such as access to good education or lack of support from community could be a possible reason these individuals were led to the “Gumby” Idea.
First off this is why that they do not rush loans, especially when you are dealing with a five hundred million dollar loan. It says a couple of weeks ago collapsed a couple of weeks, leaving tax payers liable for the five hundred and thirty-five million dollar loan. I know it is the White House officials trying to rush the loan, but you just cant rush that kind of money. I clicked on the link "collapsed" and it does say the solar plant was shutting down and that they were laying off 1,100 people. This is a perfect example that the upper class and government does not care about us because now we are getting shelled for the loan. This just shows what it can do for you when you work for the White House or the government. All of this just for Biden to announce it in September.
ReplyDeleteHA!!!! lets pour lots of money and resources into a corporation and see those resources and funds drain down the toilet. This is why government and government officials cannot be trusted to control our tax dollars. YA!!!! right the article informs the general public that no one tried to be influential on the loan. If anyone believes that statement I have some ocean front property in Arizona I would love to sell. This is what you get in the name of capitalism if we continue to treat large corporations with kid gloves by providing loopholes and tax shelters we will fail as nation. I love capitalism and believe strongly in the system but 1 bad apple is all it takes to stain our trust of the system. Once again ordinary taxpayers in the name of capitalism are being held hostage. This administration rushed the loan for what reason we will never know. The Obama administration violated the law regardless of your political views. He restructured the loan and put big business before taxpayers. If this is not some sort of government crime at the highest level then I am not sure what is criminal anymore.
ReplyDeleteI agree with you, Craig, this truly is a case of governmental and corporate crime at the highest level. First, Rahm Emanuel and Biden presses the Office of Management and Budget to get the loan approved quickly because they have a groundbreaking event scheduled. Through various emails, the OMB expresses concerns that "The optics of the Solyndra failure would be bad and were questioning the technology," but were pressured to sign-off on the loan. Of course, the White House is maintaining that they were unaware of any direct involvement in securing or accelerating the loan.
ReplyDeleteThe really appalling chapter to this crime is that the government was warned that Solyndra was having problems, so what does the government do? They refinanced the loan but because of loopholes the attorney's have found they put the Solyndra investors on the front end of repayment of the loan and subrrogated the taxpayers last. This loophole should be investigated because they made there own rules in refinancing this loan. Sound familiar?
I would honestly be lying if I said this investigation surprises me. I have no idea why any of us pay taxes anymore. It really concerns me, however, doesn’t surprise me. It pretty much makes me sick to hear and read about the amount of money the “tax payers” owe. Seriously, here is another 535 million, and at some point I think we should stop printing money and start printing “I owe you” notes. I am beginning to loose all hope in our government and am starting to agree with those who have been saying for years that the government should not be controlling our taxpayer money. And seriously, it also, does not surprise me that the White House is denying any kind of direct involvement and it wouldn’t surprise me if all this get’s shoved under one of their million dollar rugs and the media goes back to reporting about Lindsey Lohan and Angelina Jolie and Brad Pitt. :/
ReplyDeleteHaha! You are absolutely right Karla :D
ReplyDeletesolar power
Obama announced this week that "There were going to be some companies that did not work out; Solyndra was one of them," he said, "But the process by which the decision was made was on the merits, it was straightforward." What merits??? The government knew Solyndra was going down before they refinanced the loan to them. Also, Jonathan Silver, head of the Loan Programs Office, is stepping down, the Energy Department confirmed Thursday. How much money is he getting when he leaves this position? I do not understand the remark that Obama made that "it is expected that one company like Solyndra could fail" Is he anticipating another guaranteed programs going bust. Who is advising him to push these earmarks through? The House panel has expanded its investigation to include emails between the White House and the company to prove that the protocol for making this loan was breached. Stop taking bets with the taxpayer's money!
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteDefinately a form of governmental crime. Why? Because you have the Obama White House involved with the Office of Management and Budget, whom are in charge of giving their final decision on financial reviews in regards to loans being lent to corporations. And in this case, we are talking about half a billion of dollar loan. In the little time period that was given to OMB for their final review, it is too risky to just lend out such amount of money. MOB even stated that they were rushed to come up with the decision by a certain time period and it was not enough time for them because they wanted to do things the right way. However, this is where controversy comes in: was MOB forced or obligated to approve of the half million loan? No!! Yes, the Obama White House pressured for a time period on the (decision), not on the time limit to actually give out the loan to Solyndra. And now look, Syndra went down and now taxpayers are suffering from this. I do agree with Creig, that Obama put the loan business before taxpayers. Yet, I remain at this, OMB was pressured for a date of decision, just not an obligated time to approve of the loan being lent. Very controversial.
ReplyDeleteThis is a governmental crime due to the fact that Obama White House was trying to rush the approval of the loan by saying the President needed to announce the project in his upcoming speech. OWH didn't give OMB enough time to review everything they needed to look into. This makes it suspicious because it seems like OWH has something they didn't want OMB to find out when they were reviewing the facts for the loan. OWH pressuring OMB to hurry and approve the loan so that OMB would overlook certain things and feel the need to just approve the loan since President Obama "needed" them to have this loan approved quickly. This reminds me of what had happened with Countrywide and Merrill Lynch, where the CEO, or whomever had the most power asked those below them to just "overlook" certain people for loans without having those people submit all the forms they need for the loan. In all, this project was bound to fail, just like all the businesses that have failed due to this crime.
ReplyDeleteYAY more money coming out of us for something we weren't even involved in. Making the ones who were directly responsible should be the ones paying this 535 million. I'm sure they can scam some other people and get the money out of them. Why us? Why is this put on us? And why is it no one can take responsibility for their actions. When I mess up I can take the responsibility and our own government cant do that. Honestly, we are being over run by immature children. They care about money and power. Not americans. HAlf the reason I believe their is any governmental crime is because they know they can get away with it. Let's stop the drug war but lets not stop the crime happening right under our noses!!! GEEZ. Something needs to be done and fixed but how would we even do that? The government has too much power.
ReplyDeleteJust another example of the government being taken for millions of dollars, which the taxpayers end up paying for. The fact that this was pushed through without the proper investigation into the company is a crime. The government shouldn’t be loaning money to companies that have not been fully investigated. The white house screwed this one up, by pushing congress to get this signed off on without the proper investigation done. All it does is waste the taxpayers’ money even more than what the government normally does. Solyndra should have to pay back the government, but that will never happen. The money given to them for the loan is gone, what it was spent on we will never know. Another fine example of government and corporate crime at its best.
ReplyDelete