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SallyGrowler

Green Jobs - Federal Venture Cap with taxpayer money.

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Way to go Obama!

 

Amonix, Inc., a manufacturer of solar panels that received $5.9 million from the Porkulus, will cut two-thirds of its workforce, about 200 employees, only seven months after opening a factory in Nevada.

 

 

:dismay:

 

 

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Way to go Obama!

Amonix, Inc., a manufacturer of solar panels that received $5.9 million from the Porkulus, will cut two-thirds of its workforce, about 200 employees, only seven months after opening a factory in Nevada.

:dismay:

 

There you go! Another 100 jobs saved!!!!!!!!!!! :hi5::witty:

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Some of President Barack Obama’s top donors and fundraising bundlers are partners in Amonix Inc., the latest Solyndra-like corporate crash. The company has announced a layoff of 200 workers — two-thirds of its workforce — despite a federal green-technology tax credit of $5.9 million in 2010.

 

Read more: http://dailycaller.com/2012/01/30/more-solyndra-style-failure-obama-tied-amonix-inc-lays-off-most-of-company/#ixzz1ky2PDbZL

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Federal Venture Cap

^^^

Headed by the likes of Orren Boyle:

 

From CSM, March 2, 2010:

 

"Since the advent of capitalism, businessmen have been denounced for the corrupt actions of a few political profiteers.

 

To help understand that there is a distinction, consider two characters in Ayn Rand’s 1957 novel “Atlas Shrugged.”

 

In the book, Rand describes two opposite kinds of businessmen – those she calls the “producers” and those she calls the “looters.”

 

The producers, such as Hank Rearden, inventor of a new metal stronger and cheaper than steel, work tirelessly to create products that improve human life.

 

The looters are basically pseudobusinessmen, like the incompetent steel executive Orren Boyle, who get unearned riches by getting special favors from politicians. Their business isn’t business, but political pull.

 

It is the producers who make life possible: who keep grocery shelves stocked; who discover new lifesaving drugs; who make computers faster, buildings taller, and airplanes safer.

 

The looters, on the other hand, leech off the wealth created by producers."

 

 

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