Eugene David
...The One-Minute Pundit

Thursday, September 01, 2011

His Incompetence's idea of CAPITALISM:

A company that served as a showcase for the Obama administration’s effort to create jobs in clean technology shut down Wednesday, leaving 1,100 people out of work and taxpayers obligated for $535 million in federal loans.

Solyndra, a California solar panel maker, had long been an administration favorite. Over the past two years, President Obama and Energy Secretary Steven Chu each had made congratulatory visits to the company’s Silicon Valley headquarters.

We were about to day "the best laid plans of mice" but His Incompetence's crew doesn't qualify.

P. S. from a scant two years ago:

Following the announcement that the loan guarantee has just closed, Vice President Biden said, “These are jobs that won’t be exported.”

We guess not!

The Governor [you know which governor THAT is] brought out his one liner: “Hasta la vista to global warming.” He’s calling today a “big celebration” and an example of how to protect jobs and help both the environment and the economy. Referring to the New United Motor Manufacturing Inc. factory that Toyota just announced it will be closing in spite of the state’s financial incentive offerings, Schwarzenegger said having the Solyndra plant located in Fremont is a point of pride for him, because “the city is still stinging from losing NUMMI jobs.” The Governor is pushing for state legislators to pass Assembly Bill 1111, which would exempt new manufacturing equipment for cleantech companies from sales tax.

You still looking for a job, Hasta?

(Original link via TINA!)

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