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LDK Solar Co., Ltd. Message Board

  • up1.down2 up1.down2 Oct 15, 2012 2:03 PM Flag

    Solyndra - World's Biggest Hypocrites

    Now suing Suntech, Trina and Yingli for countervailing subsidies when in fact the Solyndra operation was subsidized by the Federal Government at a rate 3x since inception generated revenue.

    Looks like the current Washington Administration is looking to direct blame elsewhere on the Solyndra debacle before the looming election. Could the timing of this DoC decision be anymore coincidental ??

    Is it just remotely possible Solyndra went out of business because they built a brand spankin new $800M building in the middle of California ?

    Is it possible Solyndra went out of business because annual payroll was 3x revenue ?

    Is it possible Solyndra went of out business because their cells achieve an 8% best efficiency while the rest of the industry is surpassing minimum 11%+ ??

    Is it possible Solyndra went out of business because it was just another Venture Capitalistic spending spree with no cost oversight that was unable to be sold off in an overpriced IPO to the public, leaving them to hold the bag ??

    I guess it's on par with the US trend. Don't take responsibility to compete, just blame someone else.

    In the 60's everything bad was Russia's fault. In the 70's it was the Arabs, 80's Japanese, 90's Mexicans, 00's Chinese. By the end of 10's it will surely be Africa's fault.

    Just MAYBE the US government should quit paying gargantuan interest (from borrowing) to the Chinese government which in turn enables them to subsidize their industries. Our government subsidies energy (whether oil or other) more than any other industry but other countries can't ??

    Solyndra and the puppets in Washington = Hypocrites !

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