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Obama’s Gleaming Example of Green Technology – Files For Bankruptcy

Video Clip from May 26, 2010
The hits keep on coming — Barack Obama’s gleaming example of green technology – Solyndra – filed for bankruptcy today. The Obama Administration gave the solar start-up $535 million in federal promises from the Department of Energy.
Obama visited the plant in 2010 and said the factory is just a testament to American ingenuity and dynamism.

NBC Bay Area reported:

President Obama faces political catastrophe in the form of Solyndra — a San Francisco Bay area solar company that he touted as a gleaming example of green technology. It has announced it will declare Chapter 11 bankruptcy. More than 1,100 people will lose their jobs.

During a visit to the Fremont facility in spring of 2010, the President said the factory “is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the wo

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Added: Aug-31-2011 
By: jbpnw
In:
Regional News, Politics
Tags: obama, green jobs fail, economy, solyndra, bankruptcy, chapter 11
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