RSSHappy Anniversary Barack Obama … Two Years Ago Today Obama Celebrates Solyndra … “The true engine of economic growth will always be companies like Solyndra.” … Too Bad It’s Bankrupt
HAPPY ANNIVERSARY TO BARRACK OBAMA AND SOLYNDRA …
Today is the two year anniversary of President Barack Obama traveling to Freemont, CA and touting the green energy company Solyndra as a “brighter and more prosperous future”. One has to look no further as to why the US economy and job growth is in the crapper than to listen to Obama’s words of praise regarding Solyndra, ”The true engine of economic growth will always be companies like Solyndra.” Really? Obama’s shining example of “green” energy and the future did not take long to go bankrupt.
But on this day in 2010, with Solyndra already facing serious obstacles, President Obama was filled with optimism. “The true engine of economic growth will always be companies like Solyndra,” the president said. “Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.”
“We’ve placed a big emphasis on clean energy,” Obama continued. “It’s the right thing to do for our environment, it’s the right thing to do for our national security, but it’s also the right thing to do for our economy…When it’s completed in a few months, Solyndra expects to hire a thousand workers to manufacture solar panels and sell them across America and around the world.”
Hey Barack, how is that Solyndra-greeny thing working out for you today? We have no jobs, but we got solar panel toxic waste.
It is rather comical and disingenuous that Obama and his minions attack Mitt Romney for his days at Bain Capital and failures of Bain when Obama has a laundry list of failed green energy companies on his record. Does Barack Obama really want to compare his failed “public equity” financing record versus Mitt Romney’s private equity record?
Posted May 26, 2012 by Scared Monkeys Bankruptcy, Barack Obama, Economy, Green Jobs, Jobs, Obamanation, Obamanomics, Solyndra, Unemployment | 7 comments |
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7 Responses to “Happy Anniversary Barack Obama … Two Years Ago Today Obama Celebrates Solyndra … “The true engine of economic growth will always be companies like Solyndra.” … Too Bad It’s Bankrupt”
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This was never about making a viable company. It was always political payoff. The Bush administration had the facts about this company and they did not qualify for a loan or grant.
This is all the more reason to attack Obama about his failed policies. The DOE has never had any qualified engineers, or knowledgable lawyers at the policy level. The very idea of allowing a govenment agency to behave as would a venture capital firm is pure idocy.
Lucky for this bumbling ‘whale’ that he is gambling
with We the People’s treasure rather than any of his own.
Hey, not to mention how well We treat the regime to
sports, travel, vacations, dinners, parties, entertainment,
and all those other perks to Government Employees.
Makes little sense to me, but who knows.
I’m sure the president had the best of intentions.
He just doesn’t know his Axx from a hole in the ground.
Solyndra will not be the venue for Barry’s ‘comp job’
when he gets booted from government service later
this year.
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