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

 

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?



If you liked this post, you may also like these:

  • Bankrupt & Failed Obama Green Energy Agenda … Solyndra Building for Sale
  • Obama’s Failed Green Energy Policies: American Taxpayers Lose $139 Million on Fisker Automotive Loan
  • Obama White House Knew “Green” Electric Car Maker Fisker Automotive was Failing and Still Gave them More Tax Dollars
  • Green Energy, Solar Hazardous Waste??? Solyndra Maybe Bankrupt & Gone … No Jobs, No Stimulus Money … But We Got Toxic Waste
  • WAPO-ABC News Poll: Keystone XL Pipeline Project Overwhelmingly Favored by Americans But Barack Obama Against Jobs




  • Comments

    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”

    1. A Texas Grandfather on May 26th, 2012 5:06 pm

      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.

    2. rightknight on May 26th, 2012 5:27 pm

      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.

    3. Water boy on May 26th, 2012 11:20 pm

      Makes little sense to me, but who knows.

    4. Water boy on May 26th, 2012 11:31 pm

      I’m sure the president had the best of intentions.

      He just doesn’t know his Axx from a hole in the ground.

    5. rightknight on May 27th, 2012 5:08 pm

      Solyndra will not be the venue for Barry’s ‘comp job’
      when he gets booted from government service later
      this year.

    6. Obama’s Failed Green Energy Policies: American Taxpayers Lose $139 Million on Fisker Automotive Loan | Scared Monkeys on November 23rd, 2013 10:06 pm

      [...] Happy Thanksgiving from the Obama administration. The Energy Department has sold off its $192 million loan guarantee to Fisker Automotive to Chinese billionaire Richard Li for $25 million — the biggest taxpayer loss on a green loan since the failure of Solyndra. [...]

    7. WAPO-ABC News Poll: Keystone XL Pipeline Project Overwhelmingly Favored by Americans But Barack Obama Against Jobs | Scared Monkeys on March 8th, 2014 6:55 pm

      [...] just the opposite. Obama wastes tax payers money on his failed backing of green energy policy like Solyndra, Fisker Automotive, ABC123, and Solar Trust just to mention a few. All he has to do is simply [...]

    Leave a Reply




    Support Scared Monkeys! make a donation.

     
     
    • NEWS (breaking news alerts or news tips)
    • Red (comments)
    • Dugga (technical issues)
    • Dana (radio show comments)
    • Klaasend (blog and forum issues)
     
     
     
     
     
     
     
    Close
    E-mail It