President Obama Failure With Solyndra Solar Bankruptcy 8

By Delwyn Lounsbury 鈥?THE DEFLATION GURU Obama Failure! Solyndra of Fremont California, a solar cell maker, filed Chapter 11 Bankruptcy on 9/1/2011 and 1,100 workers lost their jobs. Government helped Solyndra win the very first green loan guarantee of $535 million. Me and you the taxpayers take presctiption the hook it really is it. As well as, a huge $1.1 billion in startup investment capital is in addition in jeopardy. Obama has repeatedly said green tasks are panic disorder the ailing deflating economy. What a mistake! He and 80 per cent of his staff and cabinet commonly are not companies. The Obama falure to generate jobs can be his legacy. Solar module prices have slid Forty percent as in the world manufacturing grew. Two other U.S. solar companies, Evergreen Solar and Spectra Watt, filed bankruptcy in August of 2011. Reported by Solyndra their cost was $2 per watt while a few Chinese companies have costs of $1.25 per watt. Solyndra solar modules are thin tubes in place of flat panes and is particularly unknown when they can sell this company or license its technology. The Solyndra bankruptcy represents a high-profile Obama failure and black eye for federal funds stimulus programs, loan guarantees to green-tech companies together with other 鈥渋nvestments鈥?he describes. Investment is covert communist code comrade for big government spending on progressive pork programs probably destined for failure. When has inefficient government ever produced a nice gain? Solyndra is usually a prime example. Unconstitutional ObamaCare (rationing and euthanasia program) could be the next example. Businesses really should be left to compete with the free market. Every government tax, fee, loan, guarantee, fine, license etc is mostly a price fix raising our taxes and taking our freedom and liberty. Get up now or you'll have none. These green and 鈥渟hovel ready鈥?jobs are already costing $1 million per job on average. We should be lowering taxes, reducing restrictive rules, lowering the scale of government and cutting government spending. May seem like the Republican Party 2012 election campaign agenda. Doesn鈥檛 it? This is why to back up place. Let鈥檚 get out of debt. Not this tax the rich Obama socialist, communist, Marxist, fascist, Nazi class warfare. Obama鈥檚 agenda is always to ruin the American Constitution and our time as he helps build a 1 world government for his Anglo financial power elite cronies. The Democrat left wing 鈥減rogressive鈥?putrid political policies just mean a bigger and bigger welfare state. Already some One half in our population receive getting some sort of government entitlement check. The parasite (big Neo-Keynesian government and it is entitlement giveaways) is killing the host (those working and paying taxes). Next business just gives up and quits even working to manage a profitable going concern in a multiplier effect of layoffs begetting more layoffs like a snowball rolling down a hill. Today鈥檚 paper says 2million self-employed entrepreneurs are jobless independent of the 17% of workers without jobs any time you count individuals stopped interested in work. Now we hear General Electric (who made $5.1 billion and paid no tax 2009) is interested in move its 115 year-old X-ray division from Waukesha, Wisconsin to Beijing China and invest $2 billion during the project. What? Barack obama appointed GE Chairman Jeff Immelt to move up his commission on job creation. Job czar Immelt should certainly help America create jobs here. The sad truth is GE employs more and more people overseas of computer does in america. This really total loss of leadership for 鈥淥bama the Downgrade President,鈥?who just adopted the U.S. credit ratings lowered from AAA to AA+. The Obama failure as president is definitely the first American debt downgrade ever. Both The president then Governor Arnold Schwarzenegger have toured Solyndra鈥檚 new plant touting it symbolic of America鈥檚 economic recovery and persistence for a natural economy. Naturally their visits were celebrated because of the mainstream liberal press given that the government wasted untold barrels of fossil fuel arriving in jumbo jets with up to 5 choppers hovering overhead the caravan of any number of black gas guzzling Chevy Suburbans and Cadillac Escalades plus TV crew 5 mile per gallon vans. Should you want less as well as (CO2) stop breathing it and putting it in your carbonated soda pops. Wars and climate change hype are smokescreens for duping us and taking our freedoms although Federal Reserve Bank (a dishonest monopoly cartel - not federal instead of a bank) ruins the need for money and bankrupts us, our children and our children鈥檚 children. The pet the deflation economy and Greater Depression. More within my website鈥? Hurry the CRASH isn't too far off! Copyright 2011 by Delwyn Lounsbury 鈥?THE DEFLATION GURU Usage of this particular blog post allowed with attribution back in: http://www.deflationeconomy.com Related Articles - The president's Failure,mlb shop, solyndra solar bankruptcy, obama failure,nfl store, obama failure solyndra solar bankruptcy, deflation,mac makeup, greater depression, solyndra, Email this information to the Friend,mac makeup wholesale! Receive Articles exactly like it direct on your email box!Subscribe free of charge today!