solar trust: Live & Latest News Updates : Vimarsana.com
Apr 13, 2021
JASON: You know, as I mentioned before on this economic thing — I do want to touch on this, because the infrastructure plan is softer a revisit of the Obama American jobs and Recovery Act, the $800 billion stimulus. Except this is a $2.3 trillion, $2.5 trillion, $3 trillion stimulus, right?
I want to make certain that people understand this doesn’t work. When you take money out of productive, private hands and put it into Solyndra, put it into Amonix solar, Solar Trust of America, BrightSource, LSP Energy, A123, SunPower, Beacon Power, Energy Conversion Devices. Why do I mention those companies? They all failed during the Obama Green New Deal stimulus.
United-statesFloridaChinaNew-yorkPuningFujianGeorgiaDuluthMinnesotaFoshanGuangdongBlackrock>> bill: $523 million in losses. in losses. >> i mean solar trucks. >> 465 million bucks from the government. >> solar trust got 2 billion from the government. >> bill: what's sole la trust? what do they do. >> one of these solar power companies. bankrupt. >> bill: to the sun bankrupt? >> yes. >> abound solar loveland, colorado based. they are out of here. right? the taxpayer on the hook for 68 million. that's chump change. we can go on and on ladies and gentlemen. don't you think there comes a point where the federal government has to be held accountable? responsible for wasting in money that we earned? >> of course. but if they have the right to spend it, they are going to keep doing that. only when government is smaller and you let the market make these decisions will you get results. why would you invest in a car company if the stossel car company was getting a big loan? you would say well i'm not going to develop my technology because i have an advantage.
BillI-know-by-constitution-the-governmentLossesSolar-trustLa-trust465-million-bucks465-million523-million2-billion23-millionOneSolar-power-companies>> bill: $523 million in losses. in losses. >> i mean solar trucks. >> 465 million bucks from the government. >> solar trust got 2 billion from the government. >> bill: what's sole la trust? what do they do. >> one of these solar power companies. bankrupt. >> bill: to the sun bankrupt? >> yes. >> abound solar loveland, colorado based. they are out of here. right? the taxpayer on the hook for 68 million. that's chump change. we can go on and on ladies and gentlemen. don't you think there comes a point where the federal government has to be held accountable? responsible for wasting in money that we earned? >> of course. but if they have the right to spend it, they are going to keep doing that. only when government is smaller and you let the market make these decisions will you get results. why would you invest in a car company if the stossel car company was getting a big loan? you would say well i'm not going to develop my technology because i have an advantage.
BillI-know-by-constitution-the-governmentLossesSolar-trustLa-trust465-million465-million-bucks2-billion523-million23-millionOneAurora-colorado>> bill: $523 million in losses. in losses. >> i mean solar trucks. >> 465 million bucks from the government. >> solar trust got 2 billion from the government. >> bill: what's sole la trust? what do they do. >> one of these solar power companies. bankrupt. >> bill: to the sun bankrupt? >> yes. >> abound solar loveland, colorado based. they are out of here. right? the taxpayer on the hook for 68 million. that's chump change. we can go on and on ladies and gentlemen. don't you think there comes a point where the federal government has to be held accountable? responsible for wasting in money that we earned? >> of course. but if they have the right to spend it, they are going to keep doing that. only when government is smaller and you let the market make these decisions will you get results. why would you invest in a car company if the stossel car company was getting a big loan? you would say well i'm not going to develop my technology because i have an advantage.
BillI-know-by-constitution-the-governmentLossesSolar-trustLa-trust465-million-bucks523-million465-million23-million2-billionOneAurora-coloradoto $100 million in debt, and after nearly getting a record $2.1 trillion loan from the negative department. the filing followed the controversial collapse of solyndra, a solar company that got half a billion federal long, and was also touted by the obama administration before going under last year. >> the energy department says in the case of solar trust the department made an offer to finance a company's projects last year but the project became ineligible when the developers decided to change the technology so no taxpayers dollars were lost but the bankruptcy is still fanning the flames of critic whose say the president is wasting too much energy open failed initiatives making the industry unable to compete in the free market. solar trust and solyndra join four other green energy companies that have gone under in the past year. >> thank you, at 47 meant d --
President-obamaInsurance-companyDepartmentCollapseRecordLoanDebtSolyndraFilingA-billion2-1-trillion100-million