By Joe Stephens and Carol D. Leonnig
Published: August 31
A company that served as a showcase for the Obama administration’s effort to create jobs in clean technology shut down Wednesday, leaving 1,100 people out of work and taxpayers obligated for $535 million in federal loans.
Washington Post
What's half a billion here and there between friends? BTW, the DNC didn't get your check this month...
5 comments:
From the article "Energy Department officials said that less expensive solar panels made by government-subsidized companies in China undercut Solyndra’s products." Yep its all Obabma's fault. Keep buying from walmart.
The company had a $500 million head start on China and knew they had to compete with their prices! But alas, blame Americans and FREE enterprise instead of government intervention, that's really been working lately...
6:38.... I'm not sure how to say this.
Um..... don't speak.
It's that whole "......open your mouth and remove all doubt" thing.
"blame Americans and FREE enterprise" No blame the company owners who knew they could not or would not compete and took the money. HHMMM where did it all go. I would like to see the books.
If this company had made it, every body would have said yay right? Nope it would have said well they received that big government handout which gave them an unfair edge. Lose lose situation.
6:37 - spot on. Company fails = LOSE. Company succeeds = LOSE. Those that advocate continuing to do it anyway = KEEP ON LOSING.
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