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The '''Solyndra scandal''' began in September 2011. <ref>[http://www.google.com/trends?q=Solyndra&ctab=0&geo=all&date=mtd&sort=0 Google trends: Solyndra, last 30 days] retrieved Sept 17th 2011</ref> [[Solyndra]] was a thin film [[solar panel|solar cell]] company that began in 2008 and received a loan guarantee of approximately $535,000,000 as part of the [[green jobs]] portion of the [[Obama]] [[stimulus]] bill in early 2009. The company used this easy money to build a state of the art factory which they continued to "improve" on up until within 1 week of filing for bankruptcy protection. Before the plant was constructed a Chinese firm had begun producing a similar thin film solar product at a lower price than that projected for Solyndra's product.<ref>[http://www.breitbart.tv/ex-solyndra-employee-everyone-knew-the-plant-wouldnt-work/ Ex-Solyndra employee everyone knew the plant wouldn't work] Breitbart TV, retrieved Sept 17th 2011</ref> Divorcing the financing of projects from the market reality of the sector enables these sorts of mishaps and Solyndra is not the only green jobs stimulus firm affected.<ref>[http://www.foxnews.com/politics/2011/09/15/despite-stimulus-funding-solyndra-and-4-other-companies-have-hit-rock-bottom/ Solyndra Not Sole Firm to Hit Rock Bottom Despite Stimulus Funding] FOX News, retrieved Sept 17th 2011</ref> The plant has had difficulty finding a buyer <ref>[http://www.reuters.com/article/2011/09/17/us-solyndra-idUSTRE78F4SS20110917 Solyndra says needs more time to find buyers]Reuters news organization, retrieved Sept 17th 2011</ref> presumably because of the futility of producing an inferior product while making a profit.
 
The '''Solyndra scandal''' began in September 2011. <ref>[http://www.google.com/trends?q=Solyndra&ctab=0&geo=all&date=mtd&sort=0 Google trends: Solyndra, last 30 days] retrieved Sept 17th 2011</ref> [[Solyndra]] was a thin film [[solar panel|solar cell]] company that began in 2008 and received a loan guarantee of approximately $535,000,000 as part of the [[green jobs]] portion of the [[Obama]] [[stimulus]] bill in early 2009. The company used this easy money to build a state of the art factory which they continued to "improve" on up until within 1 week of filing for bankruptcy protection. Before the plant was constructed a Chinese firm had begun producing a similar thin film solar product at a lower price than that projected for Solyndra's product.<ref>[http://www.breitbart.tv/ex-solyndra-employee-everyone-knew-the-plant-wouldnt-work/ Ex-Solyndra employee everyone knew the plant wouldn't work] Breitbart TV, retrieved Sept 17th 2011</ref> Divorcing the financing of projects from the market reality of the sector enables these sorts of mishaps and Solyndra is not the only green jobs stimulus firm affected.<ref>[http://www.foxnews.com/politics/2011/09/15/despite-stimulus-funding-solyndra-and-4-other-companies-have-hit-rock-bottom/ Solyndra Not Sole Firm to Hit Rock Bottom Despite Stimulus Funding] FOX News, retrieved Sept 17th 2011</ref> The plant has had difficulty finding a buyer <ref>[http://www.reuters.com/article/2011/09/17/us-solyndra-idUSTRE78F4SS20110917 Solyndra says needs more time to find buyers]Reuters news organization, retrieved Sept 17th 2011</ref> presumably because of the futility of producing an inferior product while making a profit.
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==See Also==
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* [[American economic history]]
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* [[Solyndra scandal]]
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* [[Obamunism]]: [[Income redistribution]] of [[Obamanomics]] [[Economic planning]] of the [[Obama administration fiscal policy]], [[Obama administration monetary policy]], [[Obamacare]], [[Federal funding]] via [[Crony capitalism]] ([[Obama donor list]], [[Bailout]], [[Obama administration corporate bailouts]], [[Obamageddon]])
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* [[:Category:Banksters|Banksters]]
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* [[National debt]]: [[Debt Ceiling]]-[[Deficit spending]] and the [[Federal Reserve System]]'s [[Ponzi scheme]] of [[Quantitative easing]]-[[Debt monetization]] [[devaluation]] of [[Fiat currency]] through [[Money supply]]-[[Treasury bill]]s bought mostly by [[China]] and [[Japan]]
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[[File:Shovelready.jpg|right|250px]]
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* [[Economic collapse]]: [[Inflation]], [[Agflation]], [[Deflation]], [[Stagflation]], [[Hyperinflation]] ([[Weimar Republic]], [[Zimbabwe]], [[Argentina]]), [[Panic of 1907]], [[Panic of 1893]], [[Panic of 1837]], [[Eurozone Crisis]], Loss of American [[manufacturing]] base and [[U.S. Dollar]] [[reserve currency]] status to [[BRICS nations]] - [[Brazil]]-[[Russia]]-[[India]]-[[China]]-[[South Africa]]
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* [[Stock market crash]] ([[Stock market crash of 1929]]) leading to [[Bank run]]s and [[Great Depression]] ([[Economic depression]])
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* [[Economic bubble]]s: The Coming [[Derivatives bubble]], [[Real estate bubble]] ([[Subprime loans]], [[Bailout]], [[Obama administration corporate bailouts]]), [[Dot com bubble]] ([[Tulip mania]])
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* [[Financial Crisis of 2008]] leading to [[Recession of 2008]] ([[Recession]]), [[Economic stimulus]], [[American Recovery and Reinvestment Act of 2009]], [[Recovery Summer 2010]]
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* [[Globalization]], [[Globalism]], [[International Monetary Fund]], [[World Bank]]
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* [[John Maynard Keynes]] [[liberal]] [[Keynesian economics]] and [[Fabian Socialism|Fabian Socialist]] influence on [[Barack Obama]]
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* '''[[Big government | Big Government]]''': [[Liberal values|Liberal]] [[ObamaCare]]-[[Common Core]]-[[Social Security]] [[Welfare state]] leads to [[Nanny state]], leads to [[Gun control]], [[Militarization of police]], [[Asset forfeiture]] and Domestic [[mass surveillance]] of law-abiding [[citizen]]s via the '''[[Police state]]''': [[Globalist]]-[[United Nations]]-[[Statist]]-[[Socialist]]-[[National Socialist]]-[[Communist]]
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'''Contrast with:'''
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* [[Ludwig von Mises]]' [[conservative]] [[libertarian]] [[Austrian economics]] and [[Fiscal conservatism]] -[[Capitalist]] [[Conservative economic policies]] of [[Ron Paul]]
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* [[Gold standard]] and [[precious metal]]s
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* [[Essay:Invest in tangibles|Invest in tangibles]] for [[:Category:Survivalism|Economic preparedness]]
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* '''[[Limited government]]''' implies: [[Conservative values]]/[[Traditional values]] - [[Modern conservatism]] - [[Preparedness | Modern preparedness]] are the original [[American]] [[Patriot]] [[Founding Fathers]]' values
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** [[Capitalism]] and [[Free enterprise]]
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** [[Family values]] and [[Parental rights]]: [[Sanctity of life]], [[Family]]-[[Marriage]], [[Homeschooling]] teaching [[Virtue]], [[Patriotism]], [[Duty]], and [[Self-reliance]]
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* [[Modern preparedness]]: "[[if times get tough, or even if then don't]]", [[Debt is financial cancer]], [[Tax is theft]], [[Renewable energy]], [[Financial security]], [[You are in control of your life]]
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** [[Invest in tangibles]] - [[Rural]] [[farm]] [[land]], [[Tools]], [[Food storage]], [[Precious Metals]], [[Ammunition | Copper-jacketed lead]] and [[Firearms]]
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** [[Agriculture]]-[[Permaculture]]: [[Growing your own food]], [[Food and water storage]]
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** [[Vote with your feet]] - [[Strategic relocation]]: [[Owning land is true wealth]] and [[Personal-Localized-Regional-State-National-Global]] - Move to a [[Free state]] with [[Firearms freedom]], [[Free market]]s and low [[population density]]
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* [[Essay:If I wanted to save America|If I wanted to save America]]
      
==References==
 
==References==
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{{reflist|2}}
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<references/>
       
==External Links==
 
==External Links==
 
*[http://www.solyndra.com/ home page]
 
*[http://www.solyndra.com/ home page]
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{{Template:Economic preparedness topics}}
    
[[Category:Obama Presidency]]
 
[[Category:Obama Presidency]]
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