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To: LindyBill who wrote (404751)	1/17/2011 10:39:16 AM
From: DMaA	2 Recommendations Read Replies (3) \| Respond to of 793963

Let the market decide - First commercial product based on Cold Fusion: Cold Fusion getting hot with 10kw heater prepping for market Italian inventor, Andrea Rossi, claims to have an industrial product ready to manufacture that produces large amounts of energy reliably, safely, and much cheaper than coal or natural gas power. It utilizes the fusion of hydrogen and the common element nickel at relatively low temperatures. . . . In his forum, Rossi wrote: We have passed already the phase to convince somebody. We are arrived to a product that is ready for the market. Our judge is the market. In this field the phase of the competition in the field of theories, hypothesis, conjectures etc etc is over. The competition is in the market. If somebody has a valid technology, he has not to convince people by chattering, he has to make a reactor that work and go to sell it, as we are doing. pesn.com

To: LindyBill who wrote (404751)	1/17/2011 5:14:59 PM
From: KLP	1 Recommendation Respond to of 793963

As Lasky says several times in his most interesting and timely article on Solar..."BUT WAIT, there is more...." >>>>>A cloud is passing over these solar schemes. They are inefficient boondoggles. They generate electric power at a cost vastly more expensive than electricity generated by natural gas (a relatively clean-burning fuel), hydro, coal -- and of, course, nuclear. But the Obama administration and Democrats in Congress are on a crusade to foreclose the use of these fuels to power our nation. The Democrats are "enemies" (to use a word Obama has used to describe opponents) of natural gas development (see my column Cheap Natural Gas and its Democratic Enemies ); want to blow up dams; kill coal -- the EPA is on a rampage against Big Coal; and choke off nuclear power plants by stopping the development of a repository for nuclear waste. We are being force-fed green schemes like so much spinach Michelle Obama might forcing down our gullets. Solar power plants are inefficient and cannot survive on their own. Instead, they survive by virtue of an IV flowing from taxpayers to tax-takers. Eventually, reality catches up to fantasy and they close. Solar stocks are losers in the stock market, that harsh judge of economics. Death panels would be better used to evaluate the values of these ventures, not the value of our lives. <<<<

To: LindyBill who wrote (404751)	8/31/2011 2:09:10 PM
From: KLP	3 Recommendations Read Replies (1) \| Respond to of 793963

Check this (your American Thinker) article of Jan 17th...then see: Another boondoggle with taxpayer money: Solyndra to Declare Bankruptcy President Obama touted the facility only a year ago. By Scott McGrew \| Wednesday, Aug 31, 2011 \| Updated 10:10 AM PDT \| Solyndra -- recently touted as an innovator by President Obama -- is reportedly shutting its doors. Employees are being turned away this morning. Update: Solyndra announces it plans to file Chapter 11 bankruptcy, is suspending operations and seeks a reorganization. Click here for the company's full statement. ---------------------- Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus. "I was told by a security guard to get my [stuff] and leave," one employee said. The company employs a little more than 1,000 employees worldwide, according to its website. [Analysis: Solyndra Bankruptcy a Disaster for President Obama] Shortly after it opened a massive $700 million facility, it canceled plans for a public stock offering earlier this year and warned it would be in significant trouble if federal loan guarantees did not go through. The company has said it will make a statement at 9am California time, though it's not clear what that statement will be. An NBC Bay Area photographer on the scene reports security guards are not letting visitors on campus. He says "people are standing around in disbelief." The employees have been given yellow envelopes with instructions on how to get their last checks. Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said "it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. " The federal government offered $535 million in low cost loan guarantees from the Department of Energy. NBC Bay Area has contacted the White House asking for a statement. Some Republicans have been very critical of the loans. "I am concerned that the DOE is providing loans and loan guarantees to firms that aren't capable of competing in the global market, even with government subsidies" Florida Congressman Cliff Stearns told the New York Times.