This is why we NEED Donald Trump----another absolutely STUPID Obama business venture!

You know what else Obama did? He put money into drug research to fight off disease, and most of those investments have been failures also. It is pretty clear that the government has no business investing money into projects that could help improve life for all of us.

Of course I am kidding. Our government needs to do a bunch more of these types of projects. Not all endeavors should rely on bringing a huge profit to the table. Advancing the public welfare is good enough for me.

Now this plant. At 68% of production it likely is not losing money. However, it is probably not making enough money for the corporate suitors to pocket cash and pay back the government.

i have always been a proponent of the government owning the entire energy, transportation, telecommunication and water infrastructures across the country. Then let the corporations lease the infrastructure in providing a final product to the consumers. Otherwise we will never have state of the art systems as the for profit people only want to invest what they need to keep their gravy train going.

Socialism for our needs, capitalism for our wants.

a reply to: reddragon2015

Amen! Trump is not a good businessman. He's just an insider. If you want to learn about or from Trump, he is GREAT at negotiating from a position of power.

a reply to: Alien Abduct

In a word no.

Companies have no right holding governments accountable for commissioned works. If it's unproductive or not viable make it productive and viable. Governments should support not bankroll projects. Private projects that is.

originally posted by: queenofswords
a reply to: theantediluvian

....and that has WHAT do do with the facts in this thread?

Sorry, I had to take a work-related call and cut my post short.

I think shenanigans are going on all over the place between government and crony corporations. All of it needs to be exposed and evaluated by people that know what they're doing for the benefit of The American Taxpayer.

Do you really though? When was the last time you or to be fair, any of the regular conservative posters had much of anything to say about fossil fuel subsidies? How often do you see them mentioned in conservative leaning media outlets at all?

But, you don't see Exxon, or Marathon, or Shell going out of business right and left after duping everybody, do you, with some stupid adventure that hasn't been properly thought through putting millions into somebody's pockets within a very short period of time!

You do realize that the first oil refinery was built in 1745 right? It's a centuries old industry. Wouldn't you say that there's less justification in billions of dollars to subsidize technology whose development predates our country as opposed to new technologies which are only now being developed and would be expected to need some incentivizing to encourage investment? I'm not saying that we should make a long term habit of forking over tax dollars to any energy sector but if this investment hastens the development of new energy sources that are both cleaner and can ultimately reduce our dependence on importing finite resources — which have MAJOR foreign policy implications — isn't that a much better deal for the American people?

a reply to: theantediluvian

I missed where she advocated for the fossil fuel company.

But you do bring up a good point about Obama making other horrendous decisions. Thanks for adding to the OP.

a reply to: queenofswords

how much water did it use to turn into steam to turn the turbines?

It is not as if we have enough fresh water for drinking. why not just use the heat from the mirrors themselves to turn the turbine like the candles that turned grandmas Christmas ornament.

originally posted by: amazing
Let's not forget that the Solyndra thing was a loan that's been paid back in full. Unlike Oil subsidies that never get paid back.

I'd call that a win? You loan a cutting edge technology company money and the government get's paid back. Tell me again how that's a fiasco? LOL

How was that loan paid back in full?

a reply to: Sargeras

See the big problem is all sources of energy are subsidied at some point. Right now the UK is using subsidized wood imported from the US to power coal power plants. It's to meet renewables commitments since trees are considered renewable.

I see that as a fool-hearted and idiotic aproach to cutting our carbon emissions but money talks. Others have mentioned big oil gets subsidies. Energy is a huge monopoly from raw resources to powering houshold appliances. The problem has never been the technology but those who deam it feasible on their own terms.

It then comes down to one question...
State owned power production or private.

a reply to: ChesterJohn

You'd lose far too much energy. Steam or water are by far the most effective way to turn a turbine.

That's all nuclear energy is constantly steaming water to turn a turbine.

I can imagine a lot of work has been done producing smart fluids but water is readily avalable.

It will not be drinking quality water, probably not even agricultural quality... In fact if they condense the steam after it would be well on it's way to making it drinkable.

So, it would in theory be beneficial to societies water needs if they wanted it to be

a reply to: Alien Abduct

I missed where she advocated for the fossil fuel company.

When you repost propaganda that promotes a deliberately misleading picture of tax payer funded energy subsidies to advantage fossil fuel companies, that's ipso facto, advocacy for fossil fuel companies.

But you do bring up a good point about Obama making other horrendous decisions. Thanks for adding to the OP.

You think Trump isn't all about "crony capitalism?" That's fairly naive.


Trump Park Complex Planned In Bridgeport

His proposed development would cover 100 acres in two parcels separated by Johnson's Creek on the east side of the harbor, across from the United Illuminating power station. The two parcels would be connected by a bridge. Five businesses and the city- owned Pleasure Beach now occupy the land.Under the development proposal described by Trump's lawyers, the city would become a partner with Trump Connecticut Inc. and obtain the land through its powers of condemnation. Trump would in turn buy the land from the city. The entire development would cost the city nothing, Trump said, and no private homeowners would be affected because there are no dwellings on the land. Trump would own everything.

Homeowner Drops Trump Suit Vera Coking Accepted A $90,000 Settlement From The Casino Mogul's Contractor, For Damages To Her Home. She's Still Fighting To Keep The House.

ATLANTIC CITY — Vera Coking agreed to drop her lawsuit against Donald Trump yesterday and accepted a settlement of $90,000 from Trump's demolition contractor for damage to the rooming house she has long refused to sell. The settlement does not affect the longstanding battle over ownership of Coking's house on South Columbia Place, a block from Trump Plaza. Coking is still fighting a court battle to keep her home in the face of a state eminent domain action to assist Trump with the expansion of his casino.

Coking is now challenging, in New Jersey Supreme Court, the state's use of eminent domain to benefit a private developer - a case that has drawn national attention and the assistance of the Institute for Justice, a Washington public-interest law firm.

Wikipedia - Vera Coking

In 1993, Donald Trump bought several lots around his Atlantic City casino and hotel, intending to build a parking lot designed for limousines.[3] Coking, who had lived in her house at that time for about 35 years, refused to sell. When Coking refused to sell to Trump, the city of Atlantic City condemned her house, using the power of eminent domain. Her designated compensation was to be $251,000,[4] about one quarter of what Guccione had offered her 10 years earlier.

The property was finally sold for $583,000 in an auction on July 31, 2014.[9] Neither the Casino Reinvestment Development Authority nor the owners of Trump Plaza expressed any interest in the auction.[1] The buyer was Carl Icahn, who held the debt on Trump Entertainment, owner of Trump Plaza. He subsequently demolished the house on Wednesday, November 19, 2014.[10] The adjacent Trump Plaza Hotel and Casino, the property for which Trump wanted Coking's property to begin with, closed in September 2014, due to lack of business.[11]

Donald Trump, Crony Capitalist

As a businessman Mr. Trump has a longstanding habit of using his money and power aggressively to obtain special deals from the government. For example, his Grand Hyatt Hotel in Manhattan was built with the benefit of a decades-long tax abatement obtained through government connections. In 1985, Mr. Trump circumvented New York State campaign-finance laws by making a $30,000 donation, through several Trump companies, to Andrew Stein, the Manhattan borough president who was running for president of the City Council. Mr. Stein was also a member of the New York City Board of Estimate, the body then responsible for land-use decisions in New York.

That took longer to paste than to find.

a reply to: theantediluvian

I'm not going to read all that stuff again for the 100th time. Trump was not a senator, a congressman, a cabinet member, a department Secy., nor the president.

Trump knows the ropes. And, guess what:

The People are going to be even tougher on Trump when he becomes a politician. His promise is to clean up the corruption and we will be watching. I, for one, think he will at least make a dent in it and he will be under the microscope more than even Obama has been.

Obama has gotten away with murder, imo, and some of his shenanigans are just now coming to light. Don't think Trump will be getting a pass like that!

had obama given the go ahead for a few nuclear reactors at the site instead of solar, would you be happier?

You do know Donald had four business ventures that failed? Sigh, never mind.




I'm sure Donald is the man for the job!

originally posted by: AugustusMasonicus

originally posted by: kaylaluv

Nah, Trump will invest our money in really profitable, important projects, like steaks, bottled water, and neckties.

I like steaks!

The neck ties would be cool too if they came with a piece of lemon.

are you confusing neck ties with "Mai-tai's"....or, do you actually put lemon on your steaks....or, you eat neckties

originally posted by: jimmyx
are you confusing neck ties with "Mai-tai's"....or, do you actually put lemon on your steaks....or, you eat neckties

Nooooooo. That isn't it.

a reply to: queenofswords

I gotta laugh because you seem to think Trump somehow is not apart of corporate cronyism.

The one guy is who isn't apart of that elite clique is Bernie Sanders but he's a democratic socialist so you hate him and cheerlead for the front runner of your camp, the GOP.

Hopefully most Americans will vote against Trump because America doesn't need him. Trouble is, that leaves us with Hillary who America doesn't need either.

Another election of crap.

a reply to: RAY1990

They only care about a leader if he's a republican. If a sitting democrat actually brought about world peace and ended world wide hunger they'd still hate them. This is why people should stop siding with one political camp over another because they polarize themselves stupid.

a reply to: introvert

I never liked Trump Plaza but I will miss the Showboat and their poker tournaments.

You know, Biff from Back to the Future 2 was inspired by the idea of Trump becoming president and we all know how well that worked out! Trump supporters are digging America's grave.

a reply to: queenofswords

The People are going to be even tougher on Trump when he becomes a politician. His promise is to clean up the corruption and we will be watching. I, for one, think he will at least make a dent in it and he will be under the microscope more than even Obama has been.

Aw how cute, you think once he gets in there will be anyway stop him for not following up on what he promised you all?
He is a salesman, he knows the bait and switch.

Don't think Trump will be getting a pass like that!

Why??

originally posted by: queenofswords
a reply to: theantediluvian

I'm not going to read all that stuff again for the 100th time. Trump was not a senator, a congressman, a cabinet member, a department Secy., nor the president.

Trump knows the ropes. And, guess what:

The People are going to be even tougher on Trump when he becomes a politician. His promise is to clean up the corruption and we will be watching. I, for one, think he will at least make a dent in it and he will be under the microscope more than even Obama has been.

Obama has gotten away with murder, imo, and some of his shenanigans are just now coming to light. Don't think Trump will be getting a pass like that!

This post is so funny I had to quote it!

You're right, if that horrible day comes and he's elected people will be tough on him, well people like me will be but I'm sure you will be cheering him on. And we will be tough on him because he will make it all to easy, just like it's all to easy now. The problem is, your fearless, tough leader isn't fearless and definitely isn't tough. He has a thin skin and most likely will crumble under all the criticism and bad words. They're bad words, very bad, the worst kind of words. They're bad. From there, he'll probably impose martial law and as recently seen in Turkey will be arresting journalist and shutting down descent while calling anyone against him a terrorist.

Trump and corruption. The very man who admits he's bought politicians is the same man you think is gonna fight corruption? My sides hurt! Damn that's funny! Btw, I'm curious, you got a link or video of Trump saying he'll fight gov't corruption?