Solyndra, “the future of green energy” - RON HART - TheDestinLog.com

“An insane business model. The numbers just don’t work, and they never did.” — Peter Lynch, a solar industry analyst on Solyndra.
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Trumpeted by Obama as the future of green energy, Solyndra, with accumulated losses of $558 million in its five-year existence, filed bankruptcy. Solyndra went broke leaving us taxpayers with the bill, so I guess Obama was right — that is the future of his deals.

We learned that community organizing is not the best training to be a venture capitalist. Solyndra’s solar panels did not work well. Turns out Snooki from The Jersey Shore absorbs more sunlight. We could have created more energy by burning our $535 million in $1 bills in a power plant. That technically is greenback energy, so Obama can brag about that.

This is what happens with Chicago-style crony capitalism. The business fails, the taxpayers foot the bill and political friends rack up.
...Al Gore, a government employee for life, broke the code on getting rich on this green energy scam. CelebrityNetworth.com says Gore has more than $100 million. Shaking down opportunities for money and using the government as the heavy is a great gig for ex-Democrats with no real marketable business skills. It combines pretending you can harness the sun for energy with the salesmanship of Bernie Madoff. The cool thing is that you never really have to produce a product people want to buy, just say you will.
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Obama has long preached the green energy religion to his followers, but I wonder, is he the televangelist himself, smoothly snookering saps out of their money, or the mark who sends his paycheck in to the preachers on TV because they are convincing?/blockquote>