Green, sustainable... corrupt?
It appears that there are some ne'er-do-wells in the solar panel manufacturing business -- you know, the magic industry that's going to revitalize Portland's economy.
It appears that there are some ne'er-do-wells in the solar panel manufacturing business -- you know, the magic industry that's going to revitalize Portland's economy.
Comments (4)
Just friends of Obama, nothing to see here, keep moving.
Posted by pj | September 8, 2011 5:26 PM
Jack !
How dare you question friends of Barry...
Why next thing you know Al Sharpton will be calling you a racist..
Posted by tankfixer | September 8, 2011 6:37 PM
"Solyndra could not achieve full-scale operations rapidly enough to compete in the near term with the resources of larger foreign manufacturers"
Puh-leeze, they knew from the get-go they couldn't compete with the Chinese if it required any low-level workers.
This is all about getting govt largesse by saying one of the magic words: GREEN.
Remember how Wyden/Merkley tripped over themselves to throw money at ReVolt? They may want to look at what is happening with SolarWorld's parent company in Germany also - Kiss those energy subsidies goodbye.
Why we let politicians decide what the future of business is going to be when they only see it as a tax cow to milk (after they throw a ton of free money at it) is beyond me.
Posted by Steve | September 8, 2011 6:52 PM
This smacks of no-bid contracts under a prior admin., course they weren't loans, but these funds are very similar in nature when the loans are discharged in bankruptcy. Where'd all that green go?
Posted by genop | September 8, 2011 6:53 PM