[quote=Zeitgeist]Obama is the kiss of death to business: “A California solar panel manufacturer which President Obama had made the poster child of his effort to expand the green economy and grow jobs has filed for bankruptcy, the company announced today.”
“Solyndra has been under investigation this year by the House Energy and Commerce Committee and the Oversight and Investigations Subcommittee. The chairs of these committees, Fred Upton (R-MI) and Cliff Stearns (R-FL), released a statement today saying: ‘We smelled a rat from the onset. As the highly celebrated first stimulus loan guarantee awarded by the DOE, the $535 million loan for Solyndra was suspect from day one.… It is clear that Solyndra was a dubious investment, but DOE doubled down in March of this year and restructured the loan, possibly further increasing taxpayers’ liability. That is a question we want answered. In this time of record debt such disregard for taxpayer dollars cannot be tolerated.’”
