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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