G+_Awais Bajwa Posted November 7, 2014 Share Posted November 7, 2014 Google Seeks Taxpayer Bailout Government subsidy of Google's solar thermal plant in the cards. I guess Google's "do no evil" motto does not extend to crony capitalism. Sounds like Solyndra II. If Google wants to try new technology we should all applaud them, but not at taxpayer expense. They are too profitable to be subsidized. Another example of why government should not be trying to pick winners and losers. #cronycapitalism http://news.yahoo.com/video/struggling-solar-thermal-plant-seeks-154813623.html Link to comment Share on other sites More sharing options...
G+_Randy Hudson Posted November 8, 2014 Share Posted November 8, 2014 I blame the government that such programs exist. I can't hardly blame Google for taking advantage of stupidity. Link to comment Share on other sites More sharing options...
G+_Mike Trieu (MegasChara) Posted November 8, 2014 Share Posted November 8, 2014 Randy Hudson You're seriously playing the "don't hate the player, hate the game" card? Really? Link to comment Share on other sites More sharing options...
G+_Randy Hudson Posted November 8, 2014 Share Posted November 8, 2014 Yup Mike Trieu I am. I have no problem with taking advantage of idiotic opportunities. Link to comment Share on other sites More sharing options...
G+_Mike Trieu (MegasChara) Posted November 8, 2014 Share Posted November 8, 2014 Even though you know that by doing so, you're intentionally defrauding your country to enrich yourself? Anything to make it to the 1%, I suppose. Link to comment Share on other sites More sharing options...
G+_Randy Hudson Posted November 8, 2014 Share Posted November 8, 2014 It's not fraud if it's legal Mike Trieu but let me be clear, I don't approve of going around swindling good people who simply don't know better. But that is not the case here, not at all. What we have here are politicians creating legislation that borders on lunacy for the purpose of lining their own pockets. That make them more than opportunistic. That makes them criminals. But again it is not the legislators that I blame here. They are not the idiots. Make no mistake, then are fully aware that they are destroying not just America's but the entire world economy. The real idiots here are those who keep re-electing them to office, over and over again. The sad part is that it's not just a bunch of uneducated fools voting these criminals into office. People with college degrees are just as guilty, probably more so because they should know better. When I say I have no problem taking advantage ... this is what I'm talking about. I feel no guilt for taking advantage of fools who are too educated to claim they didn't understand they were being taken advantage of. Also, I don't hold any animosity against the so called 1%. They are simply people who have managed to get very wealthy in spite of the system, not because of it. They are not the ones pulling the strings of world finance. I feel sorry for those who think that to be the case. They are being mislead. The number of people with real power is probably closer to 1% of the 1%ers. Link to comment Share on other sites More sharing options...
G+_Nathan Thrower Posted November 8, 2014 Share Posted November 8, 2014 Randy Hudson? I appreciate the use of punctuation that most nonsensical rants tend to lack but all of this reads as contradiction and back peddling. I don't know the facts behind this story so I won't comments on it but you may want to clarify your point. Let's not blur the thick bold line between moral and legal. Link to comment Share on other sites More sharing options...
G+_Randy Hudson Posted November 8, 2014 Share Posted November 8, 2014 No let's not Nathan Thrower. I'll clarify for your benefit. No problem here with abiding by the law. We all should do our best in this regards. Morality on the other hand is very subjective. Your definition of what is moral is undoubtedly different than mine. Link to comment Share on other sites More sharing options...
G+_Chris Warren Posted November 8, 2014 Share Posted November 8, 2014 Source? Link to comment Share on other sites More sharing options...
G+_Michael Deis Posted November 8, 2014 Share Posted November 8, 2014 Here is a second source: At Ivanpah Solar Power Plant, Energy Production Falling Well Short of Expectations http://breakingenergy.com/2014/10/29/at-ivanpah-solar-power-plant-energy-production-falling-well-short-of-expectations/ This article refers to additional sources -- On September 29, the Platts trade newsletter Megawatt Daily explored Ivanpah’s status, but its article was and remains hidden behind a very high paywall. The article noted that the trio of Ivanpah owners had sought extensions on repaying their loans as they waited to receive a cash grant from the U.S. Treasury worth 30 percent of the plant’s cost (news first reported inthe Wall Street Journal) The trio of owners includes Google. Link to comment Share on other sites More sharing options...
G+_António Sucena Posted November 8, 2014 Share Posted November 8, 2014 It costed 2.2b dollars and Google pitched in with 168m so yeah, its the lowest invester thats pulling the shots; not NRG Energy a massive energy company based in Texas, and we all know how righteous Texas companies are, and it pitched in around 1.8 so yeah. Stupid Google. Link to comment Share on other sites More sharing options...
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