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ROBJETS Icon : (22 August 2014 - 09:06 PM) Don't read to much into Mark in the preseason. He usually looked good in the preseason even in a Jets uniform.. Big difference from regular season where the 1st string defense is playing 100%.
ROBJETS Icon : (22 August 2014 - 09:09 PM) A lot of 1st stringers are just getting reps in and trying not to get injured. Its only the backups trying to keep or get a job playing hard every down. If preseason qb play meant anything then Matt Simms would be the starting qb of the Jets.
MikeGangGree... Icon : (23 August 2014 - 12:00 AM) In Geno we trust
Jetsfan0099 Icon : (23 August 2014 - 07:23 AM) preseason or not, our offense hasn't looked competent in a while like it does this year. our rushing attack should be very good. Chris Johnson and Chris Ivory could be a dynamic duo
santana Icon : (23 August 2014 - 10:14 AM) http://youtu.be/2X0H709cJkA
santana Icon : (23 August 2014 - 01:28 PM) 2-0 lead most dangerous kind of lead
ganggreen2003 Icon : (24 August 2014 - 02:46 PM) Sam Bradford tears ACL and out for the season
ganggreen2003 Icon : (24 August 2014 - 03:13 PM) Dimitri Patterson is MISSING
ganggreen2003 Icon : (24 August 2014 - 04:50 PM) BREAKING NEWS: NO FAT CHICKS!!!!
MikeGangGree... Icon : (24 August 2014 - 10:28 PM) Rams want Sanchez
MikeGangGree... Icon : (24 August 2014 - 10:28 PM) Shotty and Sanchez again
FlyHiJets Icon : (25 August 2014 - 01:04 PM) Champ Bailey to be released by Denver. Considering how busted up we are and Patterson now being suspended, do we take a look?
FlyHiJets Icon : (25 August 2014 - 01:05 PM) Cro rumored to be gettin released from Arizona. We should definitely bring him in since he already knows the system and he's bett erhtan our 3rd/4th stringers which is where we're at at this point.
FlyHiJets Icon : (25 August 2014 - 01:06 PM) *better than
Chaos Icon : (25 August 2014 - 01:58 PM) Cro may get released?!
Chaos Icon : (25 August 2014 - 02:07 PM) /announcement
Jetsfan115 Icon : (25 August 2014 - 04:54 PM) patterson suspended indefinatly by idzik. were fucked at CB right now
azjetfan Icon : (25 August 2014 - 08:35 PM) Do the Rams have a CB worth trading for?
HarlemHxC814 Icon : (25 August 2014 - 08:52 PM) FIRE IDZIK
Jetsfan0099 Icon : (25 August 2014 - 10:29 PM) Saunders had a seizure, that is why he got into a car crash. He returned to practice, weird/
Jetsfan0099 Icon : (26 August 2014 - 07:00 AM) ‏@AdamSchefter 4m
Jets tried trading WR Stepehen Hill this summer. No takers. Let's see if final cuts today and Saturday change that equation.
Jetsfan115 Icon : (26 August 2014 - 11:15 AM) i hate izdik
azjetfan Icon : (26 August 2014 - 12:32 PM) Our starting CB Walls working in rehab area
Jetsfan115 Icon : (26 August 2014 - 02:52 PM) any CBs that are decent on the trade block or facing salary cuts?
MikeGangGree... Icon : (26 August 2014 - 03:00 PM) I wouldnt cut Hill watch him go to NE and turn into Randy Moss
HarlemHxC814 Icon : (26 August 2014 - 03:13 PM) I'm just glad there aren't anymore greedy bastards on the team to deal with
HarlemHxC814 Icon : (26 August 2014 - 03:13 PM) Or street thugs
HarlemHxC814 Icon : (26 August 2014 - 03:13 PM) f*** a CB problem
Jetsman05 Icon : (26 August 2014 - 03:49 PM) need 1 more in the fantasy league
RetireChrebet Icon : (26 August 2014 - 08:33 PM) Dimitri suspended for the rest of preseason. I'm sorry, I know we are bone dry at corner these days but they should have cut this prick on the spot . He's going to get torched regardless this year and I'd rather cut ties with any potential cancerous attitutudes before the season even starts.
RetireChrebet Icon : (26 August 2014 - 08:34 PM) Where I come from you take responsibility for your actions. Not showing up for a game is cowardly and selfish. f*** him
RetireChrebet Icon : (26 August 2014 - 08:36 PM) Also he doesn't know what the acronym AWOL means so he's also an idiot. No wonder he's never been anything but a journeyman corner is this league.
azjetfan Icon : (26 August 2014 - 09:11 PM) So how do you really feel?
RetireChrebet Icon : (26 August 2014 - 11:18 PM) I think my last three posts pretty much summarize how I feel haha. He's making 1.5 mill this year and no call no shows because his feeling are hurt. Would rather you play corner azjetfan than this guy
MikeGangGree... Icon : (Yesterday, 08:12 AM) Need 1 more for FFB!!
Jetsfan0099 Icon : (Yesterday, 08:39 AM) Stephen Hill is going to get cut, guy sucks. Greg Salas is a better football player and deserves a spot over him
HarlemHxC814 Icon : (Yesterday, 11:27 AM) So when do we show up to 115s house with pitchforks, tar and feathers?
Jetsfan115 Icon : (Yesterday, 12:03 PM) i'd rather see idzik go then hill. fire idzik
bleedsgreen Icon : (Yesterday, 12:21 PM) Hill is such a disappointment. I really was hopping for so much when he scored 2 TDs his first game
MikeGangGree... Icon : (Yesterday, 03:11 PM) We need to get the J-E-T-S chant back this year to the way it was
MikeGangGree... Icon : (Yesterday, 03:13 PM) idk if any of u guys went to any of the games last year[Im sure some of u did] but im not a fan of the drumline leading the chant
MikeGangGree... Icon : (Yesterday, 03:14 PM) its not the same as 70,000 people doing it during every kickoff and after every score
Jetsfan115 Icon : (Yesterday, 05:43 PM) injuries and poor QB play aren't good for a WR to develop
Jetsman05 Icon : (Yesterday, 06:08 PM) 115 and Hill. Lol!
Jetsfan0099 Icon : (Yesterday, 10:18 PM) the excuses, Hill is just a terrible football player. no debate, just a fact. guy is soft as shit as well
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Obama Makes Bad $535 Million Loan http://news.yahoo.com/blogs/lookout/exactly-happened-goverment-solyndr

#1 User is offline   azjetfan Icon

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Posted 15 September 2011 - 05:23 PM

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The big story marring President Obama's jobs tour Wednesday is the $535 million loan his administration doled out to Solyndra, a solar panel company that has just gone belly-up, leaving taxpayers on the hook.

President Barack Obama visited the facility in May 2010, and said it was "leading the way toward a brighter and more prosperous future." But only a month later, the company laid off 100 employees and cancelled its plans for a public stock offering. Two weeks ago, it filed for Chapter 11 and fired 1,000 workers. FBI agents promptly raided the company's California offices.

So what exactly happened? And how big will the fallout be for Obama?

The accusation

Republicans on the House and Energy Commission are accusing the Obama administration of ignoring multiple warning signs that Solyndra was a bad bet. The Commission lays out its case against the administration's handling of the loan in a report released Wednesday, following a months-long investigation.

Under the Bush administration, the Department of Energy rejected Solyndra for a loan in early 2009, worrying that the company didn't have good long-term prospects. Yet only two months later, Obama's newly appointed Energy Secretary Steven Chu announced the government would give the company a $535 million loan, funded with money from the stimulus. Last year, government accountability investigators criticized the White House for scheduling a groundbreaking at a Solyndra plant before the Energy Department had even finished filing all its paperwork. "This deal is NOT ready for prime time," a White House budget analyst wrote only nine days before the agreement was announced.

At issue are two main things. One, emails obtained by the Center for Public Integrity show that White House officials asked the Department of Energy to make a decision on the Solyndra loan so that they would know whether they could schedule President Obama for a visit to the facility to publicize the loan. Republicans say this is evidence that the White House pressured the Energy Department, or used undue influence, to approve the loan before they knew whether it was a good bet. Republicans also mention that a big private backer of the deal, Oklahoma billionaire George Kaiser, also raised money for Obama's 2008 campaign.

The second accusation is that once the loan went through, the Obama administration ignored warning signs that the company was failing and then refinanced the loan in a way that left taxpayers twisting in the wind. A few days before the groundbreaking on the new Solyndra facility in September 2009, a Department of Energy official completed an analysis that concluded the company would run out of cash by September of 2011--a forecast that turned out to be right on the mark.

But it wasn't until last February that the government decided Solyndra was about to default, and refinanced the company's original loan with the help of $75 million from private investors. As part of the deal, the government agreed that if Solyndra ever went bankrupt, it would have to pay back the $75 million to investors first, ahead of disbursing any money back to the taxpayers.

Center for Public Integrity reporter Ronnie Greene told The Lookout that Republican members of the subcommittee suggested Wednesday that cutting such a deal was illegal, in violation of a provision of the Clean Air act.

Jeffrey Zients, deputy director of the Office of Management and Budget, defended the restructuring at the hearing Wednesday, arguing that it was less costly to taxpayers than liquidation or any other option would be.

The White House's defense

White House spokesman Jay Carney said Wednesday that the White House did not try to accelerate the approval process for the loan in any improper way. "What the emails make clear is there was urgency to make a decision on a scheduling matter. It is a big proposition to move the president or to put on an event and that sort of thing so people were simply looking for answers about whether or not people could move forward," Carney told reporters. "It had nothing to--and there is no evidence to the contrary--nothing to do with anything besides the need to get an answer to make a scheduling decision," he said.

Democrats on the panel, meanwhile, tried to deflect blame to the Solyndra executives themselves, arguing that company officials misled them about Solyndra's financial situation in July.

"I'm perplexed how they can be in my office in July telling me things are looking better and two months later filing for bankruptcy," Rep. Diana DeGette (D-Colo.), the top Democrat on the committee's oversight panel, said, according to The Hill.

The FBI won't say why it raided Solyndra's offices, and later searched executives' homes.

The top Energy Department and Office of Management and Budget officials at the panel said the Bush administration had also looked into giving the company money and that all such investments are risks. Zients, of the Office of Management and Budget, stressed that an independent credit rating agency and experts had examined the company before it was approved for the loan.

"Some of America's most sophisticated professional investors collectively invested nearly a billion dollars in the company after conducting extensive due diligence of their own," Jonathan Silver of the Energy Department testified.

Potential fallout?

The most obvious consequence of the Solyndra fiasco is that the government is going to lose some cash. According to the Washington Post, taxpayers will pick up the tab for the loan if Solyndra can't repay it. "The Energy Department could seek repayment in court, but receiving more than a nominal amount is unlikely because of the company's depleted cash and assets," the Post reports.

The legal implications of the case are less clear. Since the FBI won't disclose the reasons for raiding Solyndra's offices, the nature of the agency's investigation is unclear. Democratic lawmakers have suggested that the company misrepresented its financial situation to Congress.

Meanwhile, Republican lawmakers suggested that the February refinancing of the loan providing for private investors to be paid back before the government may be illegal. But that's far from certain, according to Greene.

In the short term, the controversy has spurred calls to roll back or regulate Obama's green jobs program. Sen. David Vitter (R-La.) floated legislation Wednesday to require all renewable energy companies that received a loan from the U.S. government in the past two years to undergo an audit, the Hill reported.
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Posted 15 September 2011 - 11:58 PM

What does Obama know about making money? He went from being a student to academia to politics. The only shocking part about it is that it was only half a billion.
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Posted 16 September 2011 - 12:38 AM

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The top Energy Department and Office of Management and Budget officials at the panel said the Bush administration had also looked into giving the company money and that all such investments are risks. Zients, of the Office of Management and Budget, stressed that an independent credit rating agency and experts had examined the company before it was approved for the loan.

"Some of America's most sophisticated professional investors collectively invested nearly a billion dollars in the company after conducting extensive due diligence of their own," Jonathan Silver of the Energy Department testified.


If this holds up to be true I don't get what the big deal is
535 mil is a lot of money to invest but these investments when they work out will drive the country forward

Seems like solyndra didn't hold up their end and is a good sign why business in America is suffering
Even after a cash infusion those fuckers couldn't get their shit together
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#4 User is offline   Jetsfan115 Icon

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Posted 17 September 2011 - 08:29 PM

View Postsantana, on 15 September 2011 - 10:38 PM, said:

If this holds up to be true I don't get what the big deal is
535 mil is a lot of money to invest but these investments when they work out will drive the country forward

Seems like solyndra didn't hold up their end and is a good sign why business in America is suffering
Even after a cash infusion those fuckers couldn't get their shit together


its cause the people at the top (ceo, vp, president, cfo, controller, etc) are greedy and take huge salaries for no reason. there is no reason a vp should make more then 30k a year more then the person below them. but they give themselves a 5 mil a year salary for vanity and it drains money from the company
Get it done MT
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Posted 20 September 2011 - 08:00 PM

http://www.zerohedge...cfo-plead-fifth

When the FBI raids your offices, it's not because you gave yourself a big bonus.
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Posted 30 September 2011 - 06:30 PM

It's just a shame that Obama can't be charged with anything regarding this. He basically gave away 535 million after being told it's a bad bet. BUT....since it was funded by the stimulus package he went even further and had it hidden in there claiming the money was goignt o the American taxpayers. Really? Sounds to me like some old college buddies got a nice payday from Obama.
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