Well, the Stimulus is creating jobs for lawyers and people who handle companies closing down
(Businessweek) Abound Solar Inc., a U.S. solar manufacturer that was awarded a $400 million U.S. loan guarantee, is closing its doors and filing for bankruptcy, according to the U.S. Energy Department.
Abound, based in Loveland, Colorado, borrowed $70 million against the guarantee, the Energy Department said today in a statement.
More taxpayer money down the drain.
All posts here are my views. None represent my employer. If ye can prove me wrong, so be it. Ye can rant and rave at me, but be mostly polite to any other commentors. I will put up with quite a bit, but be mostly respectful to others.
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They keep falling day by day.
One wonders when enough will be enough.
Federal Subsidies to any public or private entity has to end. It is unfair, un-economical, and is a bane to free-market existence. How much of the Obama spending (was going to say ‘budget’ but since there has yet to be a budget since 2010…) was pure subsidy and kickbacks? 50%? 75%?
We need term limits and serious restrictions on governmental spending encoded in law.
Which Obama Bundler made off with the $400 million of taxpayer loot? BTW is John Corzine still bundling for BO?
I think you’ve answered both your questions….