Slouching Towards Oblivion

Thursday, October 11, 2012

A Favorite Trick

From Addicting Info:
While the right-wing blamed the collapse on favoritism, and that the company was doomed from the start, checking on the history of the commodities market reveals another story. In 2006, when Solyndra applied for its loan, the cost of materials for the various types of solar panels was rather stable. What happened next, however, is what caused the whole system to collapse.
Guys with lots of money (and therefore lots to gain or lose depending on how things go) are always looking for ways to game the system.  Nobody doesn't know that.  If you think otherwise, please - having even a shred of decency or regard for humanity left in your being - avoid the use of tools and don't drive.  Stay inside at your computer until you learn enough not to be dangerous to the people around you.

These guys make big contributions to (ie: investments in) Congress Critters, and one of the perks they're paying for is access to inside information regarding markets and opportunities - as well as having a hand in shaping the policies that have huge effects on those markets and opportunities.

BTW - Free Market Competition?  Good for thee but not me, bumpkin.

So, you can stall the movement towards renewable energy and you can score points for the Red Team by making Obama look bad, and you can rake in a big pile of dough doin' it.

There is no soul and no honor in any of this.

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