Meanwhile…. Abound Solar to close, will seek bankruptcy, U.S. says

Meanwhile…. Abound Solar to close, will seek bankruptcy, U.S. says. “U.S. taxpayers may lose as much as $30 million on the loan after Abound’s assets are sold and the bankruptcy proceeding closes…” Hey, it’s not a bankruptcy, it’s a tax! Another victory for Obama!

This post was last modified on January 26, 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 (18)

  • Does Little Farkwad even understand such concepts as supply & demand, profit & loss? Honest to God, he's like a Magic 8Ball! No matter what the topic is, the answer is (shake shake shake): Teh eebil corporayshuns!

    Really, it would be funny if it wasn't so tedious.

    • Treasury? What treasury?
      Treasury implies that there is money there, and since we are 16 trillion in the hole, treasury now means "giant chasm that used to represent the wealth of a country."

    • Naaaahhhh, they will just raid the newly created Obamacare fund, just like they did Social Security.

  • This will be the next mandate...um tax...put solar on your roof or get taxed for not having it.

      • If they do that, I can assure you my intake of pintos and baked beans will increase to a minimum of 2 times daily! ;-)

      • I have said that for years. You will be taxed for everything. We are already tax on the amount of times we go to teh bathroom. Look at your water bill "sewage tax" really? We are being taxed fora ll aspects of our lives breathing is the most natural step.

  • WOW I'm shocked, stupified, speechless. Not really, what did you expect Dear Leader touched it.

  • "its panels were too expensive to compete with Chinese products"

    Well duh, it just needs more subsidies!