Saturday, September 24, 2011

Didn't See It Coming Stories

After the Oregonian editorial board slams those who want to cut taxpayer funding for green energy, their reporter Ted Sickinger writes that the State of Oregon not suffering massive green energy investment losses may be "more lucky than good."
"State [of Oregon] business recruiters courted Solyndra, but came in second to California. They danced with Evergreen Solar, a company that tapped Massachusetts for $58 million in subsidies before collapsing in August. And they dodged another bullet when SprectraWatt, a spinoff of Intel in Oregon, spurned the state's advances for New York, only to declare bankruptcy in August."
Then a recent Gallup poll shows that President Obama's long history of referencing George W. Bush's presidential problems has been counterproductive: "Poll: 56% of surveyed think Barack Obama is worse President, or just as bad, as George W. Bush". Way to tie your wagon to a losing comparison.

Finally, many of those who have been telling us that it is too late for anyone to get in the Republican presidential primary race and that waiting this long is not serious, a big "tease", and merely for self-publicity haven't uttered a peep against Governor Chris Christie's apparent new look at getting into the race. This despite the fact that Christie said he was not ready to be president and had 0% chance of running. Talk about a tease.*
*Though the statement about not being ready to be president would hurt Governor Christie if he did get in, I would like to see him run (and Governor Palin too). Contested primaries are good tests of strengths and weaknesses. They are also helpful in verifying or debunking high hopes of wistful supporters.


Ten Mile Island said...

Fact is, a man I've known for some thirty or more years, has stood up before the crowd at Dorchester and said, "this is crazy, but the guaranteed return on investment was so high, it was crazy not to get involved with Green Technology!"

There is no market for Green Technology. There's no market for Light Rail. What we have is a bunch of people who think their policies are really brilliant, and that the incentives that they create will allow us to develop a new set of technologies, previously known as the benefits ascribed to our NASA program--things like Velcro®.

There is no magical solution to our problems, but there are practical solutions. We just need the will to be practical.

T. D. said...


Good points.

We need people like you who know first hand what business is about to be advising government officials to stay out of what they don't know.

It's one thing if an individual wants to invest his private funds on the chance of big gain, but its malfeasance to invest public funds in "Pixie Dust" projects, to use Oregon Guy's phrase (I miss him), that should be going to "establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity".

MAX Redline said...

LOL. No market for green technology? Shirley, you jest. Why, our Oregon government has mandated that 25% of energy be derived from "Green" sources - and hydropower doesn't count.

And it's silly to claim that there's no market for light rail. Of course there is - and for streetcars, and other cutting-edge, 19th-century transit. Don't believe me? Talk to Ray LaHood.

Now, if you'll excuse me, I've only worked through the upper third of this manure pile. There's gotta be a pony in here somewhere....

T. D. said...

Forgot about the mandate. California has one too.

With required use of green energy, why are Solyndra, Evergreen Solar, and SpectraWatt having problems? You can lead a horse to water, but if he finds it cheaper in China . . . .

Maybe they need to come up with an Obamacare-like mandate that fines people who don't buy from the above companies. Win-win for politicians and cronies.

Thanks for the reminder about government mandated buying, MR.