Friday, September 30, 2011

Citigroup cuts Acciona, renewable tech companies price targets - CNBC

BRIEF-RESEARCH ALERT-Citigroup cuts Acciona, renewable tech companies price targets - CNBC
Sept 30 (Reuters) - RENEWABLE TECH Companies: * Citigroup cuts Acciona SA price target to EUR 70 from EUR 76

6 comments:

Anonymous said...

Good news.

Wall Street and the big banking houses will go along with companies that have found a way to skim taxpayer dollars through subsidies and tax credits.

But when public tolerance for such givaways starts to be seriously questioned, just watch the financiers run away.

Too bad it takes so much and takes so long for the public to pay attention. But when you carry a good joke too far for too long, the public will eventually catch on.

Anonymous said...

I looked at Spain's cuts a while ago to these subsidies, that's why the lobbied the White House. To the person who asked about how ACCONIA and the White House are connected? When Spain cut those subsidies they intended to go to the US for this very reason, subsidies. Who loans this money? The Federal Reserve. What people don't realize about the Federal Reserve, Americans owe almost $5 TRILLION to the banks who hand out these subsidies and loans and charge it off to the American taxpayer, while the Corporations keep the profits, and the subsidies.

Anonymous said...

This outrage is laughable. This kind of shit has been going on forever, it's a way of life for American capitalism. Wind subsidies have become an area of intense interest because we are affected directly. Now we see the futility of the system. I'm less pissed at the wind subsidies than I am about our system of taxpayer handouts to big corporations. I'm really tired of this shit.

Anonymous said...

What's tragic is that so many people aren't aware of the connections between our own government and the banks. The banks dictate policy, and the government has to come up with laws to accommodate them. That was my point with Article X. The question "what does this have to do with ACCIONA ?" is a prime example of the ignorance we face.Frankly, I find the ignorance intentional to obfuscate the real situation. Corruption at all levels. In fascist Italy, before WW2 , it was the philosophy that nothing got done without corruption. Then again, there are so many things that just don't need to be done for any other reason. Subsidies are the root of all corporate corruption.

Anonymous said...

One of the biggest jokes seems to be to label all this corruption as being caused by the so called "liberals". It seems to me that absolute power corrupts absolutely. Our current political system has been so corrupted by money, whether the party member is Republican or Democrat. Until money is taken out of the political system we can expect nothing but more of the same. As a army and marine veteran, I would certainly reevaluate if I was serving today, exactly what I am supporting. It seems to me that the military is supported as long as they serve the means to bring money into business and contractor pockets. However, when they do not serve a purpose, they are expendable.

Anonymous said...

7:57 My own outrage has always been "laughable" for a long long time I've listened to people call those of us in perpetual outrage all sorts of things.
When people get a chance to actually make a change , you infer that all of a sudden we see reason to be outraged. People all over the world express their outrage every minute of the day, and the rest sit back and accept things as they have always been. Of all the outrages I have witnessed, the current political system is nothing new and people have taken the money without thinking where it comes from.