Solyndra- Evergreen-Spectra Watt Bankruptcy's
Posted in the Monterey Forum
#1 Sep 14, 2011
Solyndra of California. Bush denied them a loan in 2008 because he and his administration thought it would prove to be a mistake to loan Solyndra millions of taxpayer dollars.
2009, Obama bragged about them, touted how great they were and gave them 535 Million dollars of taxpayer money.
Solyndra has now declared bankruptcy. 1,100 people lost their jobs. Obama was told prior to granting them the loan that they, Solyndra, was a financial risk. He ignored the memo and red flags.
The Green companies "Evergreen of Massachusetts" and
"Spectra Watt of New York" filed for bankruptcy too.
Green energy provides only 1% of the energy needed in the U.S.
Obama's "Green" energy policy is a genuine reflection of Obama himself, pure incompetent community organizer B.S.
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