President Obama Failure With Solyndra Solar Bankruptcy 9

By Delwyn Lounsbury 鈥?THE DEFLATION GURU Obama Failure! Solyndra of Fremont California, a solar panel maker, filed Chapter 11 Bankruptcy on 9/1/2011 and 1,100 workers lost their jobs. President barack obama helped Solyndra win the first green loan guarantee of $535 million. You and I the taxpayers are stored on the hook for many of these it. Additionally, an astonishing $1.1 billion in startup venture capital is additionally at risk. Obama has repeatedly said green effort is damaged whipped cream the ailing deflating economy. Exactly what a mistake! He and 80 percent of his staff and cabinet ordinarily are not people who run businesses. The Obama falure to develop jobs might be his legacy. Solar module prices have slid Forty percent as over 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 even though some Chinese companies have costs of $1.25 per watt. Solyndra solar modules are thin tubes rather than flat panes and it's also unknown if they'd like to sell business 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 along with other 鈥渋nvestments鈥?he examines. Investment is covert communist code comrade for big government spending on progressive pork programs probably destined for failure. When has inefficient government available a return? Solyndra can be a prime example. Unconstitutional ObamaCare (rationing and euthanasia program) would be the next example. Businesses needs to be left to compete inside the free market. Every government tax, fee, loan, guarantee, fine, license etc may be a price fix raising our taxes and taking our freedom and liberty. Give a presentation now or you will have none. These green and 鈥渟hovel ready鈥?jobs are costing $1 million per job generally. You should be lowering taxes, reducing restrictive rules, lowering the height and width of government and cutting government spending. Appears like the Republican Party 2012 election campaign agenda. Doesn鈥檛 it? There are numerous ways to conserve the media. 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 us as he helps set up a 1 hour world government for his Anglo financial power elite cronies. The Democrat left wing 鈥減rogressive鈥?putrid political policies just mean an even bigger and bigger welfare state. Already some 50 percent people population receive any government entitlement check. The parasite (big Neo-Keynesian government with its entitlement giveaways) is killing the host (those working and paying taxes). Next business just gives up and quits even attempting to run a profitable going concern in a very multiplier effect of layoffs begetting more layoffs much like a snowball rolling down a hill. Today鈥檚 paper says 2million self-employed entrepreneurs are jobless besides the 17% of workers without jobs once you count those that have stopped searching for work. Now we hear General Electric (who made $5.1 billion and paid no tax recently) is aiming to move its 115 year-old X-ray division from Waukesha, Wisconsin to Beijing China and invest $2 billion from the project. What? President Obama appointed GE Chairman Jeff Immelt to go up his commission on job creation. Job czar Immelt should probably help America create jobs here. The sad truth is GE employs many people overseas of computer does in america. Nevertheless this is total not enough leadership on the part of 鈥淥bama the Downgrade President,鈥?who became the U.S. credit worthiness lowered from AAA to AA+. The Obama failure as president is a first American debt downgrade ever. Both Barak after which it Governor Arnold Schwarzenegger have toured Solyndra鈥檚 new plant touting it as being a symbol of America鈥檚 economic recovery and deal with a green economy. Undoubtedly their visits were celebrated with the mainstream liberal press as being the government wasted untold barrels of fossil fuel arriving in jumbo jets with as many as 5 choppers hovering overhead the caravan on the fleet of black gas guzzling Chevy Suburbans and Cadillac Escalades plus TV crew 5 mile per gallon vans. In order for you less as well as (CO2) stop breathing it and putting it into the carbonated coca cola. Wars and java prices hype tend to be smokescreens for duping us and taking our freedoms although the Federal Reserve Bank (a fraudulent monopoly cartel - not federal and never a bank) ruins the need for the money and bankrupts us, our children and our children鈥檚 children. Welcome to the deflation economy and Greater Depression. More inside my website鈥? Hurry the CRASH is originating! Copyright 2011 by Delwyn Lounsbury 鈥?THE DEFLATION GURU Us going for this particular blog post allowed with attribution in to: http://www.deflationeconomy.com Related Articles - President Obama Failure, solyndra solar bankruptcy, obama failure, obama failure solyndra solar bankruptcy, deflation, greater depression, solyndra, Email this information to your Friend! Receive Articles exactly like it direct with your email box!Subscribe 100 % free today!