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Solyndra LLC is filing for bankruptcy. Who are they?
This is the same company that received $535 million from 0bama' $800 billion stimulus, to create "GREEN JOBS", a worn out phrase I'm sure we will all here 0bama prattle on, endlessly about during his address tonight.
When 0bama utter "green job" just remember what a bunch of wasted tax dollars it will be.
WASHINGTON, Sept. 2 (UPI) -- The demise of Freemont, Calif., solar panel manufacturer Solyndra, which received a $535 million loan guarantee from the federal government in 2009, calls into question the Obama administration's clean-energy stimulus program.
It was the first company selected under the program, authorized in a 2005 energy law and expanded in the 2009 stimulus law.
In a May 2010 speech at the company President Obama said, "Companies like Solyndra are leading the way toward a brighter and more prosperous future."
Solyndra LLC is filing for bankruptcy. Who are they?
This is the same company that received $535 million from 0bama' $800 billion stimulus, to create "GREEN JOBS", a worn out phrase I'm sure we will all here 0bama prattle on, endlessly about during his address tonight.
When 0bama utter "green job" just remember what a bunch of wasted tax dollars it will be.
WASHINGTON, Sept. 2 (UPI) -- The demise of Freemont, Calif., solar panel manufacturer Solyndra, which received a $535 million loan guarantee from the federal government in 2009, calls into question the Obama administration's clean-energy stimulus program.
It was the first company selected under the program, authorized in a 2005 energy law and expanded in the 2009 stimulus law.
In a May 2010 speech at the company President Obama said, "Companies like Solyndra are leading the way toward a brighter and more prosperous future."
I found the latter part of the article about the other 3 solar companies who have recently done the el foldo performance to be very interesting. I wonder how much money they got from the Obamas out of the stimulus law.
I also noticed that the US produced 43% of solar panels, worldwide, in 1995 and today they are down to 9%. I wonder if Obama put too many of his eggs in the solar basket.
I found the latter part of the article about the other 3 solar companies who have recently done the el foldo performance to be very interesting. I wonder how much money they got from the Obamas out of the stimulus law.
I also noticed that the US produced 43% of solar panels, worldwide, in 1995 and today they are down to 9%. I wonder if Obama put too many of his eggs in the solar basket.
This is a president engaging in corporate cronyism, on a level never before seen. The left always accuses the GoP of this kind of stuff, but when their guy does it most all of them are mute.
You have to wonder who lined their pockets with over $500 million dollars. 0bama can't just pick out the winners and losers in our economy, and hand out free money to reward his friends and cronies, based solely on his ideology, his politics, and his agenda.
But...but Obama said, I mean he declare,,,,,I mean praised them and the success of them after the Stimulus money they got.
What the new jobs are gone now along with even the old ones you say?
What a waste all of this Stimulus was with most of it wasted in top of not being a good idea to begin with.
Now he's going to propose spending even more as if it will work this time.
This is a president engaging in corporate cronyism, on a level never before seen. The left always accuses the GoP of this kind of stuff, but when their guy does it most all of them are mute.
You have to wonder who lined their pockets with over $500 million dollars. 0bama can't just pick out the winners and losers in our economy, and hand out free money to reward his friends and cronies, based solely on his ideology, his politics, and his agenda.
But he and the Climate Change cult leaders have the public hypnotized and fully obedient on this issue - right down to the row of "alternative fuel" parking spaces closest to every new corporate office.
As long as soccer moms and dads by the millions enjoy playing this silly game, I guess the sad fact is that he (Obama) can.
It's pretty much like saying we shouldn't invest in any financial product because of all that's happened in the financial crisis when a lot of banks went under and nearly most prestigious financial institutions were on the brink of bankruptcy.
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cult leaders have the public hypnotized and fully obedient on this issue - right down to the row of "alternative fuel" parking spaces closest to every new corporate office.
