We are scratching our heads over here at AmeriGobble over the Federal Governments decision to lend another billion dollars to the solar industry for projects in Nevada and Arizona so soon after the Solyndra fiasco has come to light.
Wouldn’t it have sent a better message just to have saved the money? Just because you have money doesn’t mean you have to spend it, whether the program is ending our not. We sure hope somebody did the due diligence in vetting these loans.
One thing is for sure, these projects will be watched closely by the country and their outcomes will certainly have ramifications on the next elections. What do you think about this move? Has it left you bewildered like it has us here at AmeriGobble? You’ve got be kidding me, right?
Everywhere I go I see trash! It’s horrible! What has gotten into our society that makes us think littering is OK? It’s like it has become acceptable or something.
Soda cans and beer bottles, cigarette butts, fast food wrappers, cups and bags, shopping carts, car tires, appliances…you name it, it will end up on our streets.
To us here at AmeriGobble, this is a serious symptom of the cultural decay that is eating at the fabric of our society. This comes down to values, and we are better than this. We are Americans! Please join AmeriGobble in keeping our communities clean. It makes for a better America!
What’s the deal! The USA can’t compete with China in Solar?
News of the collapse of Solyndra, a California based solar panel manufacture, has got us really Gobbling over here at AmeriGobble. Even after a $500+ million dollar taxpayer loan, they still failed. Of course, all the experts and pundits have their opinions as to why, but the one theme that everyone comes back to is competitiveness. We can’t build it here as cheaply as they can in China.
You have got to be kidding me… right?
So are we just going to concede this industry too? We might as well literally start exporting jobs, like a commodity or something. Maybe even create a futures market around it.
That seems to be what we are hearing… and we don’t believe it. There has to be a way. The American way. We find solutions and create value.
What is really holding us back?
30 years of inflationary based monetary and fiscal policy. We have created a world where people actually pay well over half of a million dollars for a poorly built, simple stick frame suburb home by creating fictionary money via credit, stripping away the value of a dollar in correlation to its’ real value, the value of labor or goods. When you don’t earn the dollar you spend, you spend it more loosely, increasing the money supply with each credit card slide. That’s why things only seem to get more expensive with each passing year, even in a recession with less demand. Of course wages are high; the mortgage payment alone is 2,500 a month. Even with record unemployment, decades of inflationary policy have finally priced US workers out of a job.
And that is why the jobs will go to China! Unless we have a stronger dollar leading to a wage correction, both for executives/CEO’s and for manufacturing labor. We need deflation! We need to be able to buy more, with less dollars. We need to create value. If everything cost less to make here, then less could be charged to still achieve a profit and we would be competitive. A 25% tariff on all imports would be nice too!
See a happy balance. We can compete.
Of course the disaster in Japan and unrest in the Middle East have investors on edge, but is there more to the latest swing down in the markets? Is this just a correction or a new Bear market. Where do think the markets will head from here?
