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Tag Archives: science

Yet another solar panel factory failure

Solar-Panel-

Yet another solar panel factory failure. It seems that SoloPower is slowly circling the drain and on its way out they can call it “restructures operations” all they want but when their top Chief Technology Officer Mustafa Pinarbasi hitting the road and accepting a similar role at another California startup it’s not a good sign.Then we have Craig Cornelius, a managing director for SoloPower’s key private investor, New Jersey-based Hudson Clean Energy Partners, also resigned recently it looks to me like all the fat rats or getting out-of-town.

The sad part of this is The company, which state business recruiters won over in 2011, already has received a $10 million state energy loan backed in part by Portland funding and a $20 million manufacturing Business Energy Tax Credit that will pay $13.5 million in cash. The company is ultimately in line to benefit from nearly $58 million in state and local incentives, including tax breaks, a tax credit and loans will this pull it back , I don’t think so if its past is any kind of sign, The first line of product was supposed to slated for completion in April 2012. But missed goals forced executives to renegotiate a $197 million federal loan guarantee in January, The Oregonian reported earlier this month so I think this company will fail I could be wrong we will see.

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Posted by on February 28, 2013 in tech

 

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Tax’s and marijuana

Marijuana

You Knew it was going to happen! anytime there is money to be made the government will find a way to get its pound of flesh. It seem’s that the 18 state that have legalized marijuana has also invited the taxman in as well.The IRS is using an old law that lets the government tax medical marijuana center’s as much as 75%

The levy is the result of a 1982 provision to the tax code, known as 280E, that stemmed from a successful attempt by a convicted drug trafficker to claim his yacht, weapons and bribes as businesses expenses.

Medical marijuana center’s can not claim typical things like rent or payroll as a business expense and this in its self will put a lot of little shops out of business.

much Medical marijuana center’s believe If you have a license from the state hanging on your wall, that doesn’t fit the definition of trafficking, but they need to think about this it may be legal in your state but the Federal law still says it trafficking and not legal So pay up suckers you may have won the battle, but the war ain’t over yet .

 
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Posted by on February 25, 2013 in Funny, history, Life, politics

 

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Possible Layoff or Worse at Nanosolar

It sounds like another solar company may be on its way out. An anonymous caller to the San Jose Mercury News said Monday that Nanosolar laid off 75 percent of its workforce Friday.As of yet no one has been able to confirm this, all we have is Susan Lehman, a public relations for the company wrote this “Nanosolar did experience a workforce reduction last week, At this time, the company is in a quiet period and will not be issuing any formal statements.”Now, folks, I hate to beat a maybe dead horse but a statement like that is something I would expect out of a grade school teacher, not a solar power company.As far I can find there are no government grants/loans to Nanosolar but I’m still checking that out. But there are some big hitters that have invested into Nanosolar that may be taking a hit Investors included Mohr Davidow Ventures, OhanaHoldings LLC and Arsenal Venture Partners,input 70 million into the company in June of 2012.

The sad truth is back in Feb of 2012 Nanosolar was considered a long shot as a start-up. A report released last Jan of 2012 by Lux Research said as much. I will update this as I find out more

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Posted by on February 19, 2013 in tech

 

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Obamacare cost jobs

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Obama care has cost 100 workers in Memphis and Andover, Mass their jobs. The good people losing their job worked for Smith & Nephew orthopedic. The reason for the job loss is the 2.3 percent excise tax on orthopedic device companies.Joe Metzger, senior vice president of corporate communications for Smith & Nephew, said the tax is impacting “a number of companies across the U.S.” Mr Metzger also stated that “Smith & Nephew is not immune from this added expense burden,” Metzger said in a statement. “Unfortunately, and in order to absorb this cost burden into our business, this has meant less than 100 positions have been made redundant across various departmental functions in our Tennessee and Massachusetts sites. The company is providing the affected employees with a comprehensive severance package and outplacement support.

Smith & Nephew’s Orthopaedic Reconstruction unit is based in Memphis, while its Advanced Wound Management, Sports Medicine and Trauma unit is based in Andover. The company merged the divisions in 2012.

Will we be seeing more of this I do believe we will in the last few months we have seen many hospitals and medical company’s laying off more and more people and I for one see more of this coming

so hold on folks I believe this is going to get much worse before it gets better

 
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Posted by on February 1, 2013 in politics

 

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NASA space shuttle

January 5, 1972 – President Richard Nixon signed a bill approving $5.5 billion over six years to build and test the NASA space shuttle08pd0242

 
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Posted by on January 6, 2013 in history, politics

 

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Harry running into trouble

IT SEEMS harry Reid may be running into a little push back on a part of Obama care.The medical device tax which is 2.3 % excise tax. This tax will hit hip replacement to the tampons, Now most would assume that it would be the Republicans but you would be wrong ! It is a group of 18 Democrat senators!!. Now before you get to thinking that they are trying to protect you and I think again most if not all have campaign ties to medical device who have donate to the senator’s campaign or one of the super pack that supported the election of said senator. the names of some of the

Indiana Senator-elect Joe Donnelly

Michigan Senator Debbie Stabenow

Senator Elizabeth Warren

Senator John Kerry

All have large numbers of medical device companies in their states

Medical device Lobby has already spent more than $ 32 million to try to stop this tax.General Electric spent $5.7 million that quarter to lead all medical device lobbyists.

Now when the Republicans tried to repeal this part of Obama care Harry Reid said it was just a Republican attack on Obamacare wonder what harry going to say now!obamacare-logo_full

 
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Posted by on December 13, 2012 in politics, tech

 

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Longer School Days

For some school days are looking like they might get much longer up to 300 hrs longer. That is what five states are planning for 2013. the five states are  Colorado, Connecticut, Massachusetts, New York and Tennessee, This initiative which hopes to boost student achievement and make U.S. schools more competitive on a global level.The three-year pilot program will affect almost 20,000 students in 40 schools.Federal, state and district funds will cover the costs also the Ford Foundation and the National Center on Time & Learning will be making funds available.More time in the classroom will give students more time for the arts and help those that are falling behind that is the hope anyway.

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There is some research suggesting students who spend more hours learning perform better.One study comes out of Harvard’s Roland Fryer he states that intensive tutoring and adding at least 300 hours to the standard school calendar.But  A report last year from the National School Boards Association’s Center for Public Education disputed the notion that American schools have fallen behind in classroom time, pointing out that students in high-performing countries like South Korea, Finland, and Japan actually spend less time in school than most U.S. students.This is where I disagree with the National School Boards Association’s Center for Public Education schools in South Korea and Japan are very highly competitive from K thru 12 and beyond to get into the best schools the kids must prove themselves before they get in Family’s start prepping their children almost from birth as for homework they have 3 to 4 more than the children in the states, yes there are some schools that do this in the states but most if not all are private schools.

Can you just see the lawsuits if our public schools switched over to this it would have the counts locked up for years on end.

I’m not saying that we don’t need to do something about our schools system we do! and I do dearly hope this is the start of school reform here in the states

 
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Posted by on December 3, 2012 in Life

 

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