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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (882820)8/26/2015 8:28:10 PM
From: i-node  Read Replies (1) | Respond to of 1577917
 
>> Only $12 B? Is that all? So small only one guy is complaining about it? Are you sure it isn't $12T?

One of the problems is that you and many others don't know the difference.



To: Wharf Rat who wrote (882820)8/26/2015 9:52:15 PM
From: combjelly  Read Replies (1) | Respond to of 1577917
 
So you are saying the government failed at failing?

See, that is what happens when inefficient government agencies run things. If they had only harnessed private industry, things would have been different. As that article notes, there are plenty of companies that could have, and actually have, generated the expected losses.

But what can you expect from government?



To: Wharf Rat who wrote (882820)8/27/2015 11:26:21 AM
From: Brumar891 Recommendation

Recommended By
TideGlider

  Read Replies (1) | Respond to of 1577917
 
So these projects can't get financing from venture capitalists but the geniuses in the federal government will only experience a 2% loss rate? Does anyone believe that? No.

the Energy Department has released an estimate of the potential gains for the loan guarantee program, designed to back clean-energy projects when venture capital or financing from banks and other investors is unavailable. The department expects a loss rate of about 2 percent