How many more failed corporate welfare greenie companies will Obama waste tax payers money on?
SunPower, after receiving $1.5 billion from DOE, is reorganizing, cutting jobs. First Solar, after receiving $1.46 billion from DOE, is reorganizing, cutting jobs. Solyndra, after receiving $535 million from DOE, filed for bankruptcy protection. Ener1, after receiving $118.5 million from DOE, filed for bankruptcy protection. Evergreen Solar, after receiving millions of dollars from the state of Massachusetts, filed for bankruptcy protection. SpectraWatt, backed by Intel and Goldman Sachs, filed for bankruptcy protection. Beacon Power, after receiving $43 million from DOE, filed for bankruptcy protection. Abound Solar, after receiving $400 million from DOE, filed for bankruptcy protection. Amonix, after receiving $5.9 million from DOE, filed for bankruptcy protection. Babcock & Brown (an Australian company), after receiving $178 million from DOE, filed for bankruptcy protection. A123 Systems, after receiving $279 million from DOE, shipped some bad batteries and is barely operating. It cut jobs. Solar Trust for America, after receiving a $2.1-billion loan guarantee from DOE, filed for bankruptcy protection. Nevada Geothermal, after receiving $98.5 million from DOE, warns of potential defaults in new SEC filings. Read more: http://www.americanthinker.com/2012/04/obamas_epic_green_fail.html#ixzz1tZf50Dmq
Asked By: Black Bolshevik - 2/9/2013
Best Answer - Chosen by Asker
As many as it takes to make sure America isn't still dependent on fossil fuel technology while the rest of the world converts to renewables. If we abandon the cutting edge of technology, we can kiss our "super-power" status goodbye.
Answered By: Chewy Ivan 2 - 2/9/2013
Additional Answers (3)
If you're going to ask a question like this make sure the Republicans haven't funded worse. They funded the subprime banks that failed, car companies and airlines.
Answered By: Dexter Arnold - 2/9/2013
From the most anti-Obama web sites all I could find was 32 failed companies. This is out of thousands... More
Answered By: Gasy - 2/9/2013
As many as possible to pay his KICKBACKS to his friends.
Answered By: Cloven Hoof - 2/9/2013
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