The GAO roundly criticized the fast tracking of this taxpayer backed loan. Michael Oke, II 661-349-6221 [email protected] On Sep 2, 2011 3:33 PM, "Michael Madigan" <[email protected]> wrote: > Oil prices are dramatically higher than when Obama gave this company a loan. It's FRAUD, plain and simple. > > > ----- Original Message ----- > From: lelandj <[email protected]> > To: ProFox Email List <[email protected]> > Cc: > Sent: Friday, September 2, 2011 5:16 PM > Subject: Re: [OT] Obama's Enron > > Solyndra, a company in California that made solar panels, was founded in > 2005. This was shortly before the financial upheaval that lead to a > world wide recession the likes of which has not been seen since the > great depression. The resulting world wide deflationary economic > climate reduced the demand for oil and gas, along with about everything > else. > > Although economists official declared the recession over in late 2009, > the economy, and especially the housing and employment markets, have not > fully recovered. However, as the world economy normalizes there will be > an increased demand for petroleum based products. As the demand for > petroleum based products begin to exceed supply the price for a gallon > of gas will increase to a point where alternative energy sources will > again become competitive. > > Regards, > > LelandJ > > > On 09/02/2011 02:09 PM, Michael Madigan wrote: >> http://www.nationalreview.com/articles/276119/obama-s-enron-rich-lowry >> >> [excessive quoting removed by server]
_______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/CACBEV=x6ssv6zso5cfpcouutorkoqjtvzarxvd0q8ynerzj...@mail.gmail.com ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
