And, In The "You Won't Believe This" Department

P

pspr

The Labor Department today announced that it had approved Trade Adjustment Assistance for the former employees of the bankrupt solar panel maker Solyndra.

That means all of the firm’s 1,100 ex-employees are eligible for federal aid packages, including job retraining and income assistance. The department has valued packages at about $13,000 a head.

Taxpayers will have to cough up yet another $14.3 million as a result of Solyndra’s bankruptcy. They are already on the hook for $528 million in federal loan guarantees to the company that are unlikely to ever be paid back.

The department’s decision also bodes well for a trade complaint made against China by a coalition of domestic solar panel makers. The request for the TAA was based on the claim that Solyndra failed because China was underselling U.S. manufacturers. By granting the assistance, the Labor Department has indicated it believes those charges have at least some merit.

The announcement was made quietly today by the DOL’s Employment and Training Administration on its website. The decision was reached Friday......

http://blogs.investors.com/capitalh...6645-solyndra-staff-get-13000-taa-federal-aid
 
Wow, if Obama likes you, you get showered with tax dollars and or pay little or taxes. Maybe I should try to get on his good side and collect my just reward. Instead of being one of the poor dumb bastards paying for this shit.
 
Quote from Trader666:

Sometimes I think the only thing that will fix all this shit is a supernova.
More...
Maybe like in the movie "The Day The Earth Stood Still" an alien race will come and put us all out of our misery.
 
Maybe aliens have programmed liberals' brains so we'll self-destruct.
Quote from pspr:

Maybe like in the movie "The Day The Earth Stood Still" an alien race will come and put us all out of our misery.
More...
 
Quote from Lucrum:

Wow, if Obama likes you, you get showered with tax dollars
More...


Its nothing like being a friend to Bush and Cheney



http://www.washingtonpost.com/wp-dyn/content/article/2007/06/27/AR2007062702839.html



Army Splits Award Among 3 Firms

By Dana Hedgpeth
Washington Post Staff Writer
Thursday, June 28, 2007


The Army awarded a contract worth up to $150 billion to feed, house and provide other services to U.S. troops in Iraq, Afghanistan and Kuwait, spreading among three companies work that recently had been linked to a single, controversial contractor: Halliburton.

Fluor Intercontinental of Greenville, S.C., DynCorp International of Fort Worth and KBR of Houston were chosen from among a half-dozen competitors. Each company's part of the contract is worth up to $5 billion a year and can be extended for up to nine more years.

The contract award was a particular victory for KBR, Halliburton's former contracting arm, after the firm was accused of misdeeds under the past contract, one contracting expert said.

"For KBR, their success is partial vindication," said Loren Thompson, chief operating officer of the Lexington Institute, a defense research organization in Arlington. "But for other winners, it is a portal into some truly sizable revenues."

"This is potentially the biggest battlefield services contract that any company is going to win for the remainder of this decade," Thompson said.

Known as the Logistics Civil Augmentation Program, or LOGCAP IV, the contract is considered one of the biggest deals in the contracting services industry. It has ballooned in value from $2 billion when it was first awarded in 1992 to $23 billion under the most recent LOGCAP III contract.

Two of the new winners have a history with the contract. KBR won the initial LOGCAP contract when support services were needed mainly in Bosnia. DynCorp won it in 1997 to do work in East Timor and the Philippines. And in 2001, it was again awarded to KBR to provide services in Afghanistan, Kuwait and, after the 2003 invasion, Iraq.

Since then, the contract has come under scrutiny by members of Congress, and critics have alleged that KBR had an advantage in winning the 2001 contract because Vice President Cheney had been Halliburton's chief executive.
 
Why are you wasting your breath on Bush and Cheney? Does your inflatable Obama boyfriend have a hole from too much abuse?
Quote from AK Forty Seven:

Its nothing like being a friend to Bush and Cheney
More...
 
Quote from Trader666:

Why are you wasting your breath on Bush and Cheney? Does your inflatable Obama boyfriend have a hole from too much abuse?
More...

Seriously. This justification of Obama's behavior by pointing out equal crimes by Bush - what the fuck is that supposed to mean to anyone at this point?

Get over it.

"Did you see what Obama did?"

"But, but...look what Bush did!"

Jeesy Chreesy.
 
You must log in or register to reply here.
Back
Top