ABC News did a good report on Solyndra, the company that Obama touted as the future of green technology which has now closed its doors. And their big focus was right where it should have been, on the potential cronyism and half billion dollar guaranteed loan that Obama gave the company which now is left on the shoulders of the taxpayers from which it came:

We’ve got an interesting pattern going here. Obama touts company, gives them money, and they go bankrupt a year later. Caterpillar, Solydnra….who’s next?




Comment Policy: Please read our new comment policy before making a comment. In short, please be respectful of others and do not engage in personal attacks. Otherwise we will revoke your comment privileges.

8 comments
KenInMontana
KenInMontana

He had a large portion of crow in his mouth, and we all know it is impolite to speak while one's mouth is full.

SgPoyzer
SgPoyzer

That's a lot like Obama during the 2008 campaign he talked the talk and told anyone foolish enough to listen that he could walk the walk, but on January 21, 2009 he folded.

Garym
Garym

30% renewable energy growth in a state loaded with natural gas and cheap coal. This will effectively shut down our economy on the western slope for a decade. But the good news is we'll save the western slope groundhogs or something. /

Garym
Garym

Sing it with me! "....he's got the midas touch...."

Garym
Garym

Yup,

my power bills have been up this summer by $15 to $20 over last summers bills out here on the western slope.

Joshua Saunders
Joshua Saunders

One of the problems is alot of these green companies are headed by people who believe wealth is evil. No, not really its just that they are not economically viable even with huge subsidies.

Steve
Steve

Just goes to show you, everything Obama touches, turns into an Epic Fail..