Crush Liberalism

Liberalism: Why think when you can “feel”?

Obama’s crony capitalism fail: “green” energy company that got a half billion dollars of our money files for bankruptcy

Details:

Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus.

“I was told by a security guard to get my [stuff] and leave,” one employee said. The company employs a little more than 1,000 employees worldwide, according to its website.

Shortly after it opened a massive $700 million facility, it canceled plans for a public stock offering earlier this year and warned it would be in significant trouble if federal loan guarantees did not go through.

Well, fortunately, the leftist-in-chief had the foresight to keep taxpayer “stimulus” dollars away from this craphole.  Or not.

Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said  “it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. “

The federal government offered $535 million in low cost loan guarantees from the Department of Energy. NBC Bay Area has contacted the White House asking for a statement.

Huh.  Seems like another “green jobs” boondoggle that blew up in his face.  Go figure.

Obamanomics = Epic Fail.

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September 1, 2011 - Posted by | big government, economic ignorance, energy, environuts, Obama

8 Comments »

  1. Green jobs killed the economy in Greece. I can’t fathom why this administration is hell bent on pursuing policies that have FAILED everywhere they have been tried.

    Comment by Kanaka Girl | September 1, 2011

  2. Apparently, “Green jobs” also killed the economy in Spain. The ideology of the present administration does not allow them to learn from the mistakes of others. Along with the desire to sink the economy of this country so the commies(environmentalists) can step in and take over without a fight. If they can get our guns away from us.
    Silly liberals. Time to remove them from our government, maybe, from the planet for some of them. I’d like to see that.
    Yes, CL, Obananomics=Epic Fail. And the hits keep comin’.

    Comment by J. Guidry, Battlefield, MO. | September 1, 2011

  3. http://www.hark.com/clips/qcngrnvmdq-you-make-me-wanna-vomit
    enough said

    Comment by Kevin | September 1, 2011

  4. We need to get away from fossil fuels! They are just not trying hard enough!! Geez, they haven’t even tried solar powered trains and wind powered 18 wheelers yet. There are miles and miles of sun drenched railroad tracks, just cover the top of each RR car with a solar panel and get a good run before any tunnels. So what if they can’t move at night. There are also many, many very windy Interstate highways, I can’t imagine it would take more than a square mile of canvas sail to move a big truck 15 or 20 MPH.

    Comment by Dux | September 1, 2011

  5. Who says Solyndra’s bankruptcy is a fail? Maybe it’s precisely what Obama wanted. That, or it’s just his “Merdas Touch” again.

    Comment by FullMetalPatriot (@FullMtlPatriot) | September 1, 2011

  6. @ Dux; HAHAHAHAHAHAHAHAHAHAHAHA

    Comment by Kevin | September 1, 2011

  7. Yeah, I can just hear it now, some ratchet-jawed truck driver on his hand cranked CB radio cussing out some other mother-trucker for “stealing his wind”. No more “hammer down”, now it will be “run out the jib”.
    Think of the jobs that would be created though, a truck would need a crew of about 20 just to pull the sails down every time they came to an underpass.

    At some point the powers that be (by that I mean the private sector) will develop an alternative power source that will be both efficient and cost effective, for now though all that’s done is poke it and hope, then grind up some more corn (food) and make more engine rotting ethanol. Who ever thought that was a good idea?

    Comment by Dux | September 1, 2011

  8. “Who ever thought that was a good idea?”……………..liberals..that’s who

    Comment by Kevin | September 2, 2011


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