Dog bites man again: another Obama-supported solar energy company bites dust

Dog bites man again: another Obama-supported solar energy company bites the dust. Solar Trust for America received $2.1 billion in conditional loan guarantees from the DOE – “the largest amount ever offered to a solar project,” according to non-car owner Steven Chu – for a project near Blythe, CA, but declared bankruptcy within a year. Maybe we should stop calling it “bankruptcy” and start calling it “solar-ruptcy.” Or better yet, “Obama-ruptcy.”

Author: 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.

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