Somehow Bad News is Always Worse As the Days Grow Shorter
But fall color helps keep the spirits up.
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Reading an article on the Solyndra collapse, I sense there is a possibility that China undercut an amazing American chance to create better solar cells.
Republicans say": Welcome.
World wide trade is good. but at the expense of a better system created by Americans?
Read:
And instead of warning Americans, Republicans are using the incident to attack the president. As usual they are waging a phony political battle to try to unseat the one person who has the best chance to help our nation escape a Europe-like melt down.
After all is Rick "no social security" Perry or Mitt "jobs destroyer" Romney going to do that for us?
The LA Times article does not come out and say that China is playing economic warfare games, it just notes that as Solyndra was trying to gain a workable market share with a superior product suddenly the Chinese started dropping the price of their inferior flat solar panels until Solyndra really had no choice other than to give up the fight when they couldn't get another large loan from the government.
So, if anything, the Republicans shouldn't be blaming the Obama administration for lending money to Solyndra, (which was backed by both Democratic donors and Republican donors), but for giving up too early.
But, still it is unknown how far the Chinese would go in cutting prices and it was likely to be unfathomable what the outcome could be. The government may have done the best thing after all.
The best way to know whether if Solyndra was a victim of an economic act of war is to see if China now raises the price of their flat, less efficient, solar panels. If they do, I think we have our answer, and we should do something about it.
Tarriffs? Fund companies making cheaper solar panels in the US?
Don't bother asking the GOP leaders though. They have their little story all set up.
For those of you uncertain of how China can give illegal donations check out the Citizen's United decisions which allow corporations and others to give unidentified donations. That's how. You think the govt of China is going to tell us how they are waging war on our economy?? Republicans love the unidentified corporate donations, so they're likely to love Chinese participation in their campaigns. Now wonder they have no problem with Citizens United while they promote the bipartisan Solyndra as a Democratic problem. That's so
Belgium.
I tell you that I don't worry about a little Crony Capitalism though I don't think you can call the Solyndra loans by that name since people donating to both Republicans and Democrats were heavy investors in the company. What I fear more is Crony Fascism, the kind of deals I see coming out of the GOP and China.
And BTW, China, I am no longer so sanguine that you want to buy our baseball team out here in Los Angeles if you are going to play economic warfare on our green energy companies.
You can read a report on Solyndra's history at the LA Times which does not hint of any suspicion of economic warfare at: Solyndra's collapse is a tale of too much dazzle.
