FBI agents raided a California solar panel manufacturer Thursday in an attempt to uncover why Solyndra, a company that had been given over $500 Million in stimulus funds, had suddenly and unexpectedly gone bankrupt. Coincidentally, Solyndra executives and board members donated $87,050 to Obama’s 2008 election campaign. Solyndra was a centerpiece of Obama's green jobs agenda; just a little over one year ago President Obama visited Solyndra's California solar panel plant. He boasted that this plant that would produce enough solar panels annually to generate 500 megawatts of electricity. Instead, they've simply flushed $500 Million of our money down the toilet.
These shenanigans are not unique to Obama and the democratic party; unfortunately, they are a hallmark of our brand of democracy. Solyndra's story is merely the latest in a long line of cautionary tales warning of the dangers of big government.
Thursday, September 8, 2011
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