Obama to automakers: ‘You can’t just make money on SUVs and trucks’ - The Hill's E2-Wire

The country’s automakers should ditch their focus on SUVs and trucks in favor of smaller, more fuel-efficient vehicles, President Obama said Monday.

“You can’t just make money on SUVs and trucks,” Obama said during a town hall forum in Cannon Falls, Minn. “There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money.”

Evergreen Solar files for bankruptcy, plans asset sale - BostonHerald.com

Evergreen Solar Inc., the Massachusetts clean-energy company that received millions in state subsidies from the Patrick administration for an ill-fated Bay State factory, has filed for bankruptcy, listing $485.6 million in debt.

Evergreen, which closed its taxpayer-supported Devens factory in March and cut 800 jobs, has been trying to rework its debt for months.

Feb 2011: Evergreen Solar CEO Explains Move To China « CBS Boston

[comment] This is what happens when Deval Patrick’s ideology gets in the way of good business sense. Deval was all too happy to blow our money on Evergreen Solar so he and his buddy Obama could talk about all these wonderful “green jobs” in the new “green economy”. What they forgot to tell us is the jobs being created are in China.

Evergreen Solar isn’t the “green” first company to take taxpayer dollars and open up plants in China instead of here. Even General Electric is shedding jobs here in the U.S. while expanding its wind turbine manufacturing in China.

Deval and Obama should come clean and tell people not to get their hopes up about any new job opportunities because the “green economy” is nothing but an Obama pipe dream.