Friday, September 2, 2011

Magic Touch!

President Obama continued his Typhoid Mary political touch this week. The President visited the California-based Solyndra in 2010 to showcase it as a shining example of his "green jobs" initiative. Well, after receiving $475 million in government money to help it glow in the marketplace, the company declared bankruptcy last week. The White House had said that this public "investment" would create 4,000 jobs. Would you believe maybe, if you stretch it, 585 jobs? I mean, what do you expect for measly half-BILLION dollars?

In other news, employment numbers were released yesterday and no - as in zip, nada - net jobs were created in the second quarter. Surprise, surprise, surprise!

abcnews.go.com/blogs/politics/2011/08/solar-energy-company-touted-by-obama-goes-bankrupt/

No comments:

Post a Comment