Solar company with $1.2 billion taxpayer loan guarantee, political connections exhibits signs of financial trouble. Here we go folks! More crony socialism that could fail and become Solyndra 2, courtesy of the Democrats and Obama administration.
Solar company with $1.2 billion taxpayer loan guarantee, political connections exhibits signs of financial trouble. Here we go folks! More crony socialism that could fail and become Solyndra 2, courtesy of the Democrats and Obama administration.
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Note to self: Kissing The Destroyer's ass for goodies has a warranty of only two and a half years or less.
OK, let's do a little math.
1.2 billion loan, + 820 million debt equals 2 Billion + in losses.
At what point does a company with an unproven technology, and major financial losses, stop taking other peoples money?
Not less than 6 months after the last unicorn croaks it. I'm pretty sure that is in the executive orders manual. It was in mine.
Well, at least no more Demoncrap congressmen can be associated with *this* one -WHOOPS!
Knee deep in cronyism and corruption.
I've mentioned this case before, but worth mentioning again..
Consider what just happened in a Texas federal court. A Dallas business owner was involved in a civil dispute and paid millions of dollars to lawyers, and when he objected to their fees, they had a “friendly” Democrat appointed judge seize all of his property, without any notice or hearing, and essentially ordered him to be an involuntary servant to the lawyers. The business owner has been under this "servant" order for 10 months and is prohibited from owning any possessions, prohibited from working, etc...
http://lawinjustice.com has details about this disturbing case, and here are some quotes from the judge:
THE COURT: "I'm telling you don't screw with me. You are a fool, a fool, a fool, a fool to screw with a federal judge, and if you don't understand that, I can make you understand it. I have the force of the Navy, Army, Marines and Navy behind me."
THE COURT: "You realize that order is an order of the Court. So any failure to comply with that order is contempt, punishable by lots of dollars, punishable by possible jail, death"
Another one already? Also in the article was mention of the company building a plant in Mexico, that should produce a lot of jobs here.....NOT
Must be for them shovel-ready Mexicans.
Holy Crap. "The company also carries $820 million in debt, which is $20 million more than its market capitalization." At least they have a really clever name!
Probably fancy offices too. I'll be down that way tomorrow I'm going to check it out.
CO2Insanity...They built an absolutely unreal complex. It was a state of the art, money no object, dream complex. It is so over the top, Robin Leech should have been at the ribbon cutting.
FYI, Robin Leech used to host a TV show called "Lifestyles of the rich & famous". It was all about excess, & so was Solyndra.
Introduce yourself as a stockholder... ie taxpayer. Some photos would be cool.
I went by, nothing much to see from the street, so no pics.
I'll tell them I'm from Obama's white half of the family and I'm looking for a handout, I mean job.
That's not going to work unless you can act like a used car salesman