CBS News: 11 more Solyndras in Obama Energy program

CBS: 12 clean energy companies are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have already filed for bankruptcy. Obama is the anti-Midas: any gold he touches turns to a foul-smelling brown substance. Failure on a scale you can barely believe in.

This post was last modified on November 10, 2021

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (8)

  • " ...gold he touches turns to a foul-smelling brown substance."
    wait, are you saying michelle used to be gold?

  • WHERE IS THE F**KING INVESTIGATION, EVEN CBS NOTICED?? IF IT WAS A CONSERVATIVE...well you know, I'm sooooooo sick of this!!!

  • Take the money and run .

    I wonder how much of all this money has ended back in the DNC's and / or union's coffers ?

    • You must be an outrageous cynic, even to think like that. As it happens, I am, too.

      How much? No idea, but even a not very significant fraction of it would be very handy to someone who was trying to get elected.

  • Our former Prime Minister in the UK, Gordon Brown, was given the nickname "The Jonah" by blogger Guido Fawkes. Any enterprise whatever endorsed by Brown was doomed to imminent and cataclysmic failure. What terrifies me about Obama is that he actually seems to regard Brown as a role-model. Time and again, Obama adopts policies which have already failed dismally in Britain.

    The discovery that Obama also harbours the Jonah gene makes me wonder if it's a medical thing.

  • Obama is a total MORON. He knows how stupid he is. That's why he's hidden the WH couple's college transcripts, their health records (psyhiatric records), personal records, etc. If the public knew the truth about these chimps, they would've thrown them both under the bus before they ever got near the WH. Does 50+ UNCONFIRMED CZARS running the show say how smart these fools are. This is why Solyndra and other Corp. are going under and he's bailing them out like no tomorrow. It's like a free lottery. If this keeps up, America might not see a tomorrow in thier future.

  • This is what happens when we go from a capitalistic based system to "Hopey Economics"..(like in; I hopey this works cause I have no clue what to do").More of our tax money flushed down the toilet and we don't even get a thank you from Obutthead.