If the President of the United States says to buy stocks, do you?

B

bond_trader_v

Of course you do. Futures dipping now because of Apple, but will create a great buying opportunity thanks to POTUS STRONGARMING the Fed, the PPT, and most importantly, his budget and treasury chiefs.
 
Now if you think the Fed is done raising rates then its a different story.
But do you really want to fight the Fed?

bond_trader_v said:
Of course you do. Futures dipping now because of Apple, but will create a great buying opportunity thanks to POTUS STRONGARMING the Fed, the PPT, and most importantly, his budget and treasury chiefs.
More...
 
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wildchild said:
Obama used taxpayer money to fund Solyndra and that was a total debacle.
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After Solyndra Loss, U.S. Energy Loan Program Turning A Profit

In 2011, solar panel company Solyndra defaulted on a $535 million loan guaranteed by the Department of Energy. The agency had a few other high-profile bankruptcies, too — electric car company Fisker and solar company Abound among them. But now that loan program has started turning a profit.


Overall, the agency has loaned $34.2 billion to a variety of businesses, under a program designed to speed up development of clean-energy technology. Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.



https://www.bloomberg.com/news/arti...s-5-billion-from-program-that-funded-solyndra


U.S. Expects $5 Billion From Program That Funded Solyndra
Justin Doom
November 12, 2014, 12:55 PM CST
The U.S. government expects

The U.S. government expects to earn $5 billion to $6 billion from the renewable-energy loan program that funded flops including Solyndra LLC, supporting President Barack Obama’s decision to back low-carbon technologies
 
So they lost 780 million to some loan recipients being out of business but received 810 million in interest on 34.2 billion which is still outstanding?

In bizarro lefty world that is 30 million in the black.
 
TJustice said:
So they lost 780 million to some loan recipients being out of business but received 810 million in interest on 34.2 billion which is still outstanding?

In bizarro lefty world that is 30 million in the black.
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810-780 =30?

I don't know anything about this loan program, but I'm confused by your comment/.
 
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