Truman said, “The buck stops here.” Obama says, “It only stops here briefly before going to China.”

by editor on August 19, 2011

Wanna see me pull a rabbit out of my hat? How about stimulus money?

Is there more to Evergreen Solar than meets the eye? In January, 2011 they announced they were laying off 800 workers in Massachusetts, closing that plant, and moving to China in a joint venture with a Chinese company.

obama-wu

"Don't worry. We're only shaking hands for the photographers," Obama said. "I'll blow to you as soon as they leave the room."

It was reported here at IHTM that they filed for bankruptcy, a perhaps convenient move based upon the assumption they’ve already moved most of their assets to China by now. What better way to make all that debt disappear than bankruptcy?

Think bankruptcy was a good trick? Well, they have a better one for you. It appears Evergreeen received stimulus money but, oddly enough, there’s no record of it.

Despite the White House and Massachusetts Gov. Deval Patrick both citing Evergreen Solar as a recipient of stimulus money, the government’s website that tracks ARRA spending could find no evidence the solar panel company did indeed get that money.

Recovery.gov, the U.S. government’s official website related to Recovery Act spending, could find nothing showing that Evergreen Solar received any stimulus money.

The state of Massachusetts put out a press release citing Evergreen Solar’s involvement with a project funded by the stimulus.

Evergreen Solar put out its own press release in October 2010 that their panels were all compliant with the ARRA and could be used by projects funded by the stimulus.

So where did all that money go and how much disappeared? Perhaps President Obama knows.

– Written by CO2Insanity

Source: CAPCON

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5 Comments on "Truman said, “The buck stops here.” Obama says, “It only stops here briefly before going to China.”"

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KimmyQueen
Guest

This is exactly what I was talking about yesterday. China is going to be the next overlords and believe me people that is not a good thing.

Joe Redfield
Guest

It sounds to me like Slick had his pocket(actually, our pocket) picked by the Chinese.

poppajoe49
Member

Maybe we should send Olivia to China so that she can fight for the poor and downtrodden there!
Their poor don’t even have HDTV!

BarbR
Member

We’ll have to wait until she gets back from France, or wherever jet-setting trolls go these days.

MDLION
Member

How can our workers compete with the the slave wages in China? Probably add India, Mexico, Honduras, and other countries to that. I can’t stand it when you can’t understand some guy in India talking to you about your computer. Trump has been saying we don’t make things anymore.

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