bankrupt. evergreen solar that made so solar panels they found they could be made cheaper in china. they are going to start doing something like that over there. the stimulus had 38 billion dollars for a particular loan guaranteed program for for clean energy. they ve spent about 19 million dollars 19 billion dollars of that. washington post did a story on that this week. of that 19 billion dollars, they ve created 3,345 jobs. you do the math it is insane. greta: how much a kwrb? 5.4 million dollars in loan guarantees, per job. greta: that s just nuts. maybe they ought to get someone who understands business. that is appalling. this was very important to the administration. because it seemed to solve two big problems. it seemed to be a way to create jobs and attack the
the goal is, you spend money to save money. the problem is if you talk to the states, they are going to say you are not going to save in 19 billion dollars. not all of these payments are made to people who won t get benefits any way. maybe you can upgrade some computer systems but that is not going to give you the massive savings you might expect. greta: the state should do this properly, make things plain and simple. the government which is supposed to regulate to make sure the states are doing it instead of coming to the taxpayers and saying now we have to spend 192 million dollar extra because we haven t done our job and the states haven t done their job. i think they are saying we are not doing as great a job as we could have and we know we to fix this. they don t like it being called waste, fraud and abuse. greta: tough! i don t care their feelings are hurt with what it is
the goal is, you spend money to save money. the problem is if you talk to the states, they are going to say you are not going to save in 19 billion dollars. not all of these payments are made to people who won t get benefits any way. maybe you can upgrade some computer systems but that is not going to give you the massive savings you might expect. greta: the state should do this properly, make things plain and simple. the government which is supposed to regulate to make sure the states are doing it instead of coming to the taxpayers and saying now we have to spend 192 million dollar extra because we haven t done our job and the states haven t done their job. i think they are saying we are not doing as great a job as we could have and we know we to fix this. they don t like it being called waste, fraud and abuse. greta: tough! i don t care their feelings are hurt with what it is
the problem. neil: focus on me, he s not the host. [laughter] sorry. go ahead. neil: how do you justify value waegs? and only a few million dollars? because you re betting et cetera going to grow into it. neil: wasn t the whole thing the first in the 90s and the others? yeah. yes, but there were some businesses you don t think this is wrong most. brenda:. i don t think it s a web van or pet stock.com. it s not. neil: adam, you won t. no, i mean. let me toss back in the late 90s were 500% not 100%. neil: fair enough. adam? there s no question this is extremely overvalued. there s been a dirth of ipo s and that s why people are excited about it. pointing out the companies next, groupon, facebook, maybe twitter will be higher quality than linked. it s not a bad company, but not world 9 billion dollars. but it could in theory grow into that valuation and the next ones will grow into those
dispute. reporter: it s a gridiron battle that s landed in the courtroom. the nfl lockout pits owners against players over how they split billions. the legal court of action of the same opponents from the contested bush-gore, 2000 election. david boise representing the owners and george w. bush lawyer, david olson the players. the players the owners will strip that from them and deprive the american public. it s not just about the owner wanting more money. everybody wants more money. this is about the owners wanting to have something that creates value. at issue, sharing 9 billion dollars in television revenue and whether the players are avoiding collective bargaining just to get a better deal. unlike the union battles over collective bargaining across the country, the players decided to dissolve their union, a strategy owners