there are prices to pay. people are tapping into what are very valuable retirement funds in an effort to just stay solvent during these times hoping the economy changes. arthel: kyle, as we know, many people got to the point where they felt like they had no other choice and they dipped into their 401(k) accounts and is there any way that they ll be able to replenish or make up for those losses? well, again, you highlighted something, there is penalties associated with that for withdrawing money prior to being 59 1/2 to the tune of 10%. so if you took out $5,000, you would be you have a penalty of $500. okay? you have to repay it within certain permanent. so it does slow the growth process down. it s not what you really want to do, but more than ever, arthel, you re seeing people that really need to do that. like i highlighted, washington post said one in four people are doing that. here is the thing, what s really, really interesting, it s people across all economic
christian s point, what happens to an overall growth to your story is a question mark. absolutely we ve got to expand the clean energy sector and sustainable parts of the economy. but what that means for what happens to gdp is a question that we don t know the answer to now, i think. that s the first point. i absolutely agree with you about power and so forth. i think to heather s point, that s the old way of thinking and she s talking about a growth process which did raise the incomes of the poor and did provide widespread well-being. if you look at what has happened over the last 25 years, that s really changed and growth operates in different ways. so we re talking not about growth in incomes of poor people. of course we ve got to do that. the question on the table is what does that i am ploy for the
company s praises. solyndra has tremendous growth process. reporter: 1100 people have been laid off. the wall street journal reported today, a month after they made the claim, solyndra ran so short of cash it went in default under the radar. the f.b.i. has since raided the company. and last week on capitol hill, harrison took the fifth. nevertheless, the administration is now moving full steam ahead on a bigger solar loan. today, chu announced $737 million loan to tonapa solar energy to build megasolar power generating plant in nevada. which begs a question. has the administration learned anything from the episode that says we have to be careful when we spend half a billion dollars. we are constantly reassessing not this but making it better and
stewardship, taking care of the resources we ve been blessed with. so it s our awesome responsibility to build back communities to last lifetimes for our future generations. mayor bob dixson of greensburg, kansas, all the best. you said 65% of the way before you feel like your city is completely back up and running? it s an ongoing process. it s a growth process. i ve had people ask me when are you going to be done, and i say never because we don t ever want to be done with the growth process. you re either growing or you re declining. so we want to make sure that we continue to offer hope to each other. and it s our awesome responsibility from what we ve been through to offer hope to those other communities all over the united states that are suffering extreme disaster. and in the midst of their
built once before 17 years ago. on tuesday collins discussed the idea with shocked city officials. wednesday they gave him the okay to start. thursday construction began. we ve had just an enormous outpouring of generosity and help to get prepared to get back to this point. the city has been great. the city of job lynn allowed us a permit in record time. reporter: there s still no electricity in this part of joplin. the substation across the street remains in ruins. a generator powers the tools passersby continuing stop to offer encouragement and support. i just had two police officers stop by and say, we want to shake your hand, the first glimmer of hope that we ve really seen towards the town rebuilding. reporter: four nearby homes that collins built in the past year are in ruins. already he has at least six projects waiting to be rebuilt. my heart and prayers go out to everyone that did lose loved ones. i hate for it to come to something like this to bring busine