After Getting Half A Billion In Stimulus Spending Two Years Ago, Green Jobs Company Goes Bankrupt

Solyndra is, or was now I guess, a solar power manufacturer that President Obama took a great deal of interest in. President Obama visited the company, and they got $535 million in stimulus dollars, and now less than two years later they’re belly-up.

Solyndra may as well be the poster boy for Obama economics. Lots and lots of deficit spending for a whole lot of nothing.

Rob Port is the editor of In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters.

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  • syantiss

    Ah nothing quite like a good bout of central planning to jump start an economy, eh?

    Great work Mr. President, my kids will love paying off this bill.

    • Lbiancos

      ah so true syantiss

  • ellinas1

    Can’t compete with China.

    • robert108

      Wrong.  It’s a simple case of a company making a product for which there is little or no demand.

  • DopeyDem

    It’s obvious looking back that they received far less money than they needed to continue running. Had they doubled it to 1 billion they would have lasted twice as long before going under. This sounds vaguely familiar.

  • Kevin Flanagan

    “Green” is just a scheme to spread the wealth from the productive to the slackers.

  • Jimmmypop

    someone needs to find out how much the owner/ managers of this failed box got paid…..and who they gave election donations to.

    • syantiss

      Good thinking!!!

  • borborygmi

    Some one made a killing

  • Mark
  • Bankrupt

    Green Jobs Company should file for bankruptcy to save their last resort in their company.