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To: Ronaldus Magnus III

“About a week after the $$$ ended, there was no trace of the company; no signs, no cars, trucks, vans.”

_____

I suspect we will see more of that. “Take the money and run”! Much like Solyndra.

What happened to Solyndra? “In September 2011 the company ceased all business activity, filed for bankruptcy under Chapter 11, Title 11 of the United States Bankruptcy Code, and laid off all employees. The company was also sued by employees who were abruptly laid off. Solyndra was raided by the FBI investigating the company.”


47 posted on 01/11/2023 1:43:29 PM PST by CFW (old and retired)
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To: CFW

“”I suspect we will see more of that. “Take the money and run”! Much like Solyndra.””

I was actually listening to KSFO AM, over the internet, on the morning Solyndra folded. (Even though KSFO is in San Francisco, they carried Rush, Levin, and others) A Solyndra employee called in to the KSFO morning radio program. He stated that Solyndra had called all the employees in to let them know they would be shutting down that day.

Later on many things were learned. One of the main Solyndra head honchos had resigned (skipped town) a few months earlier. He surfaced in the Bahamas. He had been paid millions, and, of course, ‘donated’ some $$$ to Obama and the democRATS. It also came out that an outside analyst had predicted, almost to the day, when Solyndra would fold. Imagine this. Obama had funneled so many millions to Solyndra. Each solar panel they produced cost about $5 more to produce than for what they sold it. Simple math, really. The analyst simply computed how long the Obama ‘investment’ would last, and gave that same day that Solyndra eventually announced the shutdown.

To this day democRATS still use the term ‘investment’ for the outright theft of hard-earned wages in the private sector. The only money the gov has is money it takes. Spending other people’s money on themselves, and their chosen few, is not hard for soulless creeps.


54 posted on 01/11/2023 3:11:02 PM PST by Ronaldus Magnus III (Do, or do not, there is no try)
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