The Last Part of A Three-Part Play Title “Ripping Off the American People the Old-Fashioned Way” Is Now Complete With the $500 Million Dollar American Taxpayer Built Solyndra Factory Being Put Up For Sale – No, You Could Not Make Up This Kind of Bullshit If You Tried! – Yes, It Was Only 950 Days From the Groundbreaking for the “Green Jobs” Solyndra Plant In 2009 To That Very Damn Same Solyndra “Green Jobs” Solyndra Plant Being Sold In A Fire Sale With the Company In Bankruptcy – Of Course, What Is Another $500 Million Dollars Plus of the American People’s Money Because After All….It’s Not THEIR Money….It’s OUR Money Though….It’s OUR Damn Money!
“You would never believe it in a Million Years but then you realize it is the US Government so it all makes Perfect Damn Sense” File
…we have the following Bullshit and watch closely and you will see $500 Million Dollars Plus of YOUR hard-earned money being pissed into the ocean.
We have the Solyndra Corporation back in 2009 which had a Crapola Product that only Very Stupid People would have put their hard-earned money into so of course the US Government was willing to put $500 Million Plus Dollars of OUR hard-earned money into Solyndra since the US Government is filled with Very Stupid People that don’t know Up from Down forget about how to do Venture Capital involving Massive Amounts of Taxpayer money!
On September 4, 2012 the Solyndra Corporation which made a Crapola Product that only Complete Morons would invest somehow got their hands on $500 Million Dollars Plus of the American People’s money (Well, the got the money the old-fashioned way…The BOUGHT OFF OUR “Elected Leaders” with campaign contributions which works Every Damn Time it seems!) sent out this press release and YES…this is Very Damn Funny!
Solyndra Breaks Ground on New 500 Megawatt Solar Plant
Fri Sep 4, 2009 1:23pm EDT
Thousands of Green Jobs to Be Created
FREMONT, Calif.–(Business Wire)–
Solyndra, Inc. today commenced construction of its second solar panel manufacturing plant (Fab 2). Located near its current manufacturing facility in Fremont, California, Fab 2 is designed to produce 500 megawatts per year. The new facility will enable Solyndra to fulfill its announced contractual backlog of over $2 billion and create additional jobs. Solyndra’s two Fabs will produce enough solar panels over their lifetime to cut over 350 million metric tons of CO2 emissions or 850 million barrels of oil.
“The economy needs clean tech alternatives to help it recover, but our planet requires clean tech solutions in order to survive,” said Solyndra CEO and founder, Dr. Chris Gronet. “Fab 2 will allow us to meet customer demand while making a positive impact on the world`s energy and environmental needs. We are grateful for the vision and support of President Barack Obama, the U.S. Department of Energy, the U.S. Congress, and our investors.”
The first phase of Fab 2 is being financed by public and private sources. Solyndra is the first company to receive a loan guaranteed by the U.S. Department of Energy under Title XVII of the Energy Policy Act of 2005. The $535 million loan from the U.S. Treasury, combined with $198 million from an equity financing round led by Argonaut Private Equity, provide the capital required for the project. Goldman, Sachs & Co. acted as exclusive financial advisor to Solyndra in connection with the DOE loan guarantee.
Solyndra estimates that the construction of Fab 2 will employ over 3,000 people, the ongoing operation of the facility will create over 1,000 jobs, and that installation of Solyndra PV systems will generate hundreds of additional jobs.
Solyndra designs and manufactures photovoltaic systems, comprised of panels and mounting hardware, for the commercial rooftop market. Solyndra employs high-volume manufacturing based on proven technologies and processes to meet the needs of the global solar market. Using proprietary cylindrical modules and thin-film technology, Solyndra systems are designed to provide the lowest installed cost per system and the highest solar electrical energy output for typical low slope commercial rooftops. Headquartered in Fremont, CA, Solyndra operates a state-of-the-art 300,000-square-foot fully automated manufacturing complex. Learn more at www.solyndra.com.
Christine Morana, +1-510-440-3337
Yes, there is so much WRONG and BOGUS with the above Solyndra press release that it would take days to go into everything….BUT….we can only say What the Hell to the following:
“Thousands of Green Jobs to Be Created”
What the Hell? Ooops!
“We are grateful for the vision and support of President Barack Obama, the U.S. Department of Energy, the U.S. Congress, and our investors.”
Yes, we bet you were! Again….Only VERY STUPID PEOPLE would have put Dollar One into Solyndra because it has a Crapola Product that cost 4 to 5 times what solar panels cost in the marketplace so of course Solyndra was going to FAIL!
“Goldman, Sachs & Co. acted as exclusive financial advisor to Solyndra in connection with the DOE loan guarantee.”
Yes, that Goldman Sachs was involved with Solyndra and this Bogus idea of giving $500 Million Dollars of the American People’s hard-earned money to the Idiots at Solyndra also makes Perfect Damn Sense! Now if it came down to trusting the Morons that were running Solynra or the folks at Goldman Sachs with managing our money we would trust the Morons at Solyndra by a long shot because we wouldn’t trust the people at Goldman Sachs with a No. 2 pencil.
“Solyndra estimates that the construction of Fab 2 will employ over 3,000 people, the ongoing operation of the facility will create over 1,000 jobs, and that installation of Solyndra PV systems will generate hundreds of additional jobs.”
Do we really need to comment on that…..didn’t think so!
Of course, there were the obligatory photos of the Morons shoveling but Dirt and Lots of Bullshit!
Flash Forward to April 19, 2012 and we have the Third Part of this Three-Act Play which would be properly titled….
“Ripping off the American People the Old-Fashioned Way with US Government Employees Pissing the American People’s Hard-Earned Money into the Ocean and Not Giving A Damn Since Of Course….It’s Not THEIR Money!”
“The 411,618 square foot Solyndra building in Fremont, California has been put on the market:
The office area of the grand compound is certified “LEED Gold Standards,” according to a website set up to sell the building. It’s “Expandable to 739,232 square feet.”
Solyndra, the green energy firm that received $528 million in a Department of Energy loan, filed for bankruptcy in September. As Bloomberg reported, “Solyndra, heralded by President Barack Obama as proof that ‘the promise of clean energy isn’t just an article of faith,’ filed for bankruptcy in September, days before the FBI raided its headquarters in Fremont, California. The company received a $535 million loan guarantee under the Energy Department’s Loan Guarantee Program in September 2009 that was funded by the Treasury’s Federal Financing Bank, a government corporation created by Congress in 1973.”
The price of the Fremont Solyndra building is not listed on the website set up to help sell the property. Calls this evening to the realtor were not answered.”
How many days is that from the Groundbreaking at Solyndra on September 4, 2009 to the factory of a Bankrupt Solyndra that was built with $500 Million Dollars of YOUR Tax Money on April 19, 2012?
About 950 Days from Groundbreaking to the Fire Sale of a American Taxpayer Built Factory in Bankruptcy!
NO, it would Damn Impossible for anyone to make this kind of Bullshit up but yet…
It goes on EVERY DAY of the Week with OUR Government wasting the American People’s Hard-Earned Money and the TRUTH is….
These Bastards Could Care Less.
Yes, only…Very Stupid People would have put Dollar One into Solyndra and yet….
$500 Million Dollars of the American People’s money was put into this Crapola company that was in our opinion run by Very Stupid and Incompetent People that did do one thing in their lives very well….
They BOUGHT OFF our “Elected Leaders” which is the surest way to become rich in America today because right now in Washington DC and around the United States OUR “Elected Leaders” and their votes….and OUR Money….is up For Sale and the TRUTH is OUR “Elected Leaders” could Care Less about anything but…
Getting their Precious Asses Re-Elected
Oh, here’s a nice Bonus story for you to read and watch after you have quit throwing-up because any REAL American just threw up after reading the above Bullshit…