But only after Ogabe shoveled half a billion of our money into it to “create or save” jobs.
Solyndra, one of SCOAMF’s fairy dust projects, shut down and laid off 1,100 “created or saved” jobs when it turned out that solar panels weren’t quite the brilliant idea that we were told they were.
Which, if you had the brains of an arugula, you’d already know since business ideas that could be successful will, in most cases, already be pursued by somebody else too already. Nobody likes to leave a fast buck laying around on the sidewalk, after all.
But once the Federal subsidies dried up, as in our money, it turned out that unicorn farts weren’t profitable at all and now we, the taxpayer, are left holding Il Douche’s stillborn baby.
A bit of schadenfreude is in order, though:
A foundation linked to a top donor to President Obama says it took a hit like all other investors in a distressed solar company that this week shuttered its plant and laid off 1,100 workers, leaving taxpayers on the hook for loans guaranteed by the federal government.
The Tulsa-based George Kaiser Family Foundation said in a statement that it is among many investors in Solyndra, the California-based company that received a $535 million loan guaranteed by the Energy Department. The independent foundation is linked to billionaire oilman George B. Kaiser, a fundraising bundler during Obama’s campaign.
Are you telling us that one of Il Douche’s bag men is linked to a doomed half a billion dollars project paid for with our money? The Hell you say! That’s unpossible! It’s almost as if Il Douche handed the bastard $500,000,000 that we could have put into our kids’ college funds as a return for “services rendered” in getting Il Douche elected SCOAMFOTUS. But clearly that can’t be it, because even suggesting such a thing would be RAAAAACIST!
Oh well. So this pipe dream tanked. We’re sure that demented Uncle “Choo Choo” Joe Biden’s high speed rail projects will be successful. And even if that’s not the case, surely Il Douche’s 7,332nd “jobs speech” next Thursday will succeed in ushering in an Age of Plenty™.
Or maybe it will just be another Stuttering Clusterfuck of a Miserable Failure, but don’t let the commissars know that you heard us say that.
Show me the money. Really, where did all these trillions go? Who got the loot?
The Obama/Biden vision for America…
High Speed Light Rail and Jobs, Jobs, Jobs.
Shovel ready are the results I would expect from bambi’s health care.
So I wonder how I can get some of this payola? With just half a million I could open my own brewery. So, do I need to yank off a couple of Dems to get it on the way? What the hell, it would be the most demeaning thing I’ve ever done, but at least it would be for a… Read more »
Mike M @ #:
Damn Mike, they say that timing is everything. Did you have that sitting in your vault just waiting or what?
But, but, but….Big Oil™ is in the pockets of Bushitlercheneyhalibuton!
The MSM is notorious for misconstruing things. Example: The Tulsa-based George Kaiser Family Foundation said in a statement that it is among many investors in Solyndra, the California-based company that received a $535 million loan guaranteed by the Energy Department. The independent foundation is linked to billionaire oilman George B. Kaiser, a fundraising bundler during Obama’s campaign. What kind of… Read more »
ZeektheCruel says: So I wonder how I can get some of this payola? With just half a million I could open my own brewery. So, do I need to yank off a couple of Dems to get it on the way? What the hell, it would be the most demeaning thing I’ve ever done, but at least it would be… Read more »
Half a billion? Geez, Southern Libertarian, I’d settle for a measly half a million. I come cheap!
I thought a “shovel ready” job was Head Pooper-Scooper at the local dairy…
my company built the Solyndra plant.
Union leader draws lucrative pension perk based on false information By Jason Grotto, Tribune reporter Every month, Thomas Villanova gets a $9,000 reminder of how lucrative it can be to serve as a union leader in Chicago. The sum is part of a city pension that comes on top of the $198,000 annual salary he is paid to represent the… Read more »
I was always under the impression that following laws in Chicago was optional …
They have laws?
Emperor Misha I says:
no, they just have “enforced” guidelines
Southern Libertarian @ #: Ja Hey! For half a B, we’ll see what we see! I was looking for just half a mil. But, you know… I am reminded of a couple of things. First, a story attributed to George Burns. “Would you sleep with me for $100,000?’ “Sure” “Would you sleep with me for $100.” “What kind of girl… Read more »
So, Emanuel has to lock horns and negotiate with this Villanova in order to fix the city’s budget problems?
I’d pay money to see that.
Jaybear, Colonel of Imperial Ancient Artillery says:
It’s the Chicago Way!
(I’ve come to the conclusion that this sums up almost everything done by this administration.)
LC Gladiator @ #: Gladiator, I think we’ve mentioned this before: it’s best if you give us a paragraph, maybe…or the gist of the article and then post a link. What you’re doing is opening Misha up to all sorts of issues, if you are reprinting those articles without permission. Just giving attribution isn’t enough. I suspect most of them… Read more »
Very true, Grammar Czar, and it’s not just the legal issue, even though that’s more than sufficiently serious. A “teaser” with a link also makes everything more readable and it gives the original writer the traffic that he or she deserves. By all means keep up the links to other articles, it helps me and the staff out a lot… Read more »
MIsha, Chicago has suggestions.
George Kaiser is also the Chairman of the Board – Bank of Oklahoma.
Having one’s own bank is certainly of assistance in getting the commie motherfucker ogabe money for his “campaign”.
Indeed, sad and gloomy, what this fool has and is doing to our economy……even the It’s Bush’ fault is falling in deaf ears more and more. I see him stuck between his nutcase envirofreaks and political/economic realities. And I am going to enjoy every second of it. But one industry has flourished………….one of my favorites…….guns and ammo. For that I… Read more »
FrankOK @ #: Exactly. See comment #6. Alexi Giannoulias was his banker for his Senate run and that bank went belly-up costing taxpayers millions. Now that Obummer wants to raise a billion for his next campaign. Imagine how much this will cost. At the end of business on Friday, April 23, 2010, the Illinois Department of Financial and Professional Regulation,… Read more »
ZeektheCruel @ #:
Need a brewmaster?
Gateway is on it: Top Obama bundler George Kaiser made multiple visits to the White House in the months before the company was granted a $535 million loan from the government. iWatch News reported, via Free Republic: The i Watch News investigation confirmed that at least 18 other bundlers have ties to businesses poised to profit from the president’s political… Read more »
Did you all notice that the WH now says the jobs picture will not improve for “six years.”
Now why would The Won say that? Talk about a setup.
irish19 @ #: I need all kinds of technical help. But mostly it is just a matter of money. I took a keg of bitters down to southern Indiana this weekend and it was a big hit. Managed to get really buzzed up, find my tent and crash out without any harm done to anyone. It was a goof weekend.… Read more »