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Green Bankruptcies
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visitorq



Joined: 11 Jan 2008

PostPosted: Sat Sep 17, 2011 9:20 pm    Post subject: Reply with quote

Kuros wrote:
Tax carbon.

This is the worst thing we could do.

You want to put a tax on life itself just to give a few "green" companies "an edge"? This would destroy what is left of our economy, not help it. While I do agree with many of your posts on here, this sure isn't one of them...

1) The government does not "need" revenue; the government needs to cut down to side.

2) There is no evidence that CO2 has a negative effect on the atmosphere. In fact we are now in a carbon deficient period. We could use a whole lot more CO2 if anything, to benefit the world's plant life.
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Kuros



Joined: 27 Apr 2004

PostPosted: Sat Sep 17, 2011 9:33 pm    Post subject: Reply with quote

visitorq wrote:
Kuros wrote:
Tax carbon.

This is the worst thing we could do.

You want to put a tax on life itself just to give a few "green" companies "an edge"? This would destroy what is left of our economy, not help it. While I do agree with many of your posts on here, this sure isn't one of them...

1) The government does not "need" revenue; the government needs to cut down to side.


The US gov't absolutely needs revenue to pay down its debt.

I'm not going to argue climate science with you.
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visitorq



Joined: 11 Jan 2008

PostPosted: Sat Sep 17, 2011 9:42 pm    Post subject: Reply with quote

Kuros wrote:
visitorq wrote:
Kuros wrote:
Tax carbon.

This is the worst thing we could do.

You want to put a tax on life itself just to give a few "green" companies "an edge"? This would destroy what is left of our economy, not help it. While I do agree with many of your posts on here, this sure isn't one of them...

1) The government does not "need" revenue; the government needs to cut down to side.


The US gov't absolutely needs revenue to pay down its debt.

The US government always "needs" as much money as they can get their greedy hands on. There is essentially no limit, since the more we give them the more they spend, invariably on increasing the size of government. And while it is a mathematical impossibility to pay off the debt (since we have a debt based monetary system, meaning any decrease in debt would decrease the money supply and cause a recession), the first step would be for them stop deficit spending. The government has no intention of doing this. Not when they can just force the public to pay through inflation.

Quote:
I'm not going to argue climate science with you.

That's fine. But then you shouldn't say we need to tax carbon to save the earth. Not unless you can prove it 100%.
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lithium



Joined: 18 Jun 2008

PostPosted: Wed Sep 21, 2011 5:48 am    Post subject: Re: Solyndra: Green Bankruptcy Reply with quote

comm wrote:
Kuros wrote:

The bulk of the $527 million in Federal money is probably gone.


Multiply that number by 1,000 and send the money to international banks instead of U.S. companies and you pretty much have the Bank Bailout.

The Solyndra case was an unacceptable case of the Federal government shoveling money out of taxpayer hands and into a crap business. The Bank Bailout that both parties supported was 1,000 times worse.


True, but you are forgetting an imprtant fact. An investor for Solundra was a bundler for Obama.
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ontheway



Joined: 24 Aug 2005
Location: Somewhere under the rainbow...

PostPosted: Thu Sep 22, 2011 9:34 am    Post subject: Reply with quote

Kuros wrote:
visitorq wrote:
Kuros wrote:
Tax carbon.

This is the worst thing we could do.

You want to put a tax on life itself just to give a few "green" companies "an edge"? This would destroy what is left of our economy, not help it. While I do agree with many of your posts on here, this sure isn't one of them...

1) The government does not "need" revenue; the government needs to cut down to [size] .


The US gov't absolutely needs revenue to pay down its debt.



Look at your own link.

Total US government unfunded liabilities of $115,000,000,000,000 that's $115 trillion. The total US assets of only $78,000,000,000,000 or $78 trillion.

The US government is bankrupt. It cannot pay. It must cut expenditures and repeal programs and therefore default on promises and obligations.

Increasing taxes will have no benefit. It will reduce the income and productive capacity of the nation.

We need to cut total taxes and balance the budget at a lower level. We should install a whole new tax system at the same time, but total government outlays and taxation must be capped at 10% of the GDP. Only consumption should be allowed to be taxed.


The Solyndra Investment fraud is a typical scheme allowing rich fascist-socialists to line their pockets with lucre looted from the poor and middle class dupes they pretend to want to help.

It's the same sort of bribery and corruption, the sale of high offices, that lined the pockets of the Clintons as well.
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Kuros



Joined: 27 Apr 2004

PostPosted: Mon Mar 19, 2012 12:36 pm    Post subject: Reply with quote

Evergreen Solar seeks OK to abandon Devens plant

Quote:
Evergreen Solar is asking a bankruptcy judge for permission to walk away from its former plant in Devens.

The company, which received tens of millions in state aid before shuttering its facilities last year and moving its manufacturing operations to China, filed the notice in federal bankruptcy court in Delaware on Monday.

Evergreen received more than $20 million in grants and $11 million in tax and lease initiatives from Massachusetts. That doesn�t include other tax benefits and millions in upgrades to roads and utilities around the plant.


Now, Illinois Hope-n-Change didn't back this one, but Massachusetts Hope-n-Change did.

Quote:
Gov. Deval Patrick championed Evergreen Solar early in his first term.
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visitorq



Joined: 11 Jan 2008

PostPosted: Mon Mar 19, 2012 1:54 pm    Post subject: Reply with quote

^
Unbelievable...
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