So now, we have ANOTHER so-called green jobs company that has sh*t the bed, AFTER the red diaper baby touted how great they were.
EXCERPT: "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. The company has said it will make a statement at 9am California time, though it's not clear what that statement will be. An NBC Bay Area photographer on the scene reports security guards are not letting visitors on campus. He says "people are standing around in disbelief." The employees have been given yellow envelopes with instructions on how to get their last checks.
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."
So while the crybaby asshats on the Left whine and moan about Wall St, HERE is a green job company TOUTED by Jug Ears, that is now defunct for 535 MILLION US taxpayer dollars. BTW, former Solyndra CEO Christian Gromet donated $1,000 to Boxer's campaign. Hmmm. The Gunny wonders if that helps a few strings get pulled in DC?
Now the US taxpayer will suck up the loss because some idiot in the Dept of Energy thought that this would be a great investment and since it ain't THEIR money, what the hell, throw the dice.
Now the Gunny doesn't give a damn about the people laid off because most, if not all of them, voted for Obama so they OWN that Hopey/Changey thing...how's that working for you libs out there on the Left Coast? SOMEONE needs to be held accountable but with this regime, like all liberals, they'll just wash their hands of it and move to the next bright and shiny object that catches their fancy, like the little children they are.
One day, soon the Gunny hopes, Americans will wake up to the fact that DEMOCRATS are THE ENEMY of our liberty, our rights, our national security, our prosperity, AND OUR FUTURE! So STOP voting for these a**holes will ya?
BUT HE SURE KNOWS HOW TO SPEND OUR MONEY!
UPDATE: It appears that OBAMA DONORS were backing this company as well so is there any wonder WHY they would not feed at the government trough?