Posted on 03/25/2012 11:19:51 AM PDT by stratman1969
The crown jewel of the Green Energy mirage, the taxpayer-funded, now bankrupt, Solyndra plant in Freemont, CA, is up for sale.
Melanie Morgan sent this photo of the For Sale sign, taken by Katie Green of the KSFO Morning Show. She says,
"The 'For Sale' Sign seems to be an apt metaphor for the entire Obama administration."
Crony capitolism at its worst.
Looking at the website listed on the sign, I didn't find a sales price, just floor plans, photos, etc.
Reuters noted on February 22:
The U.S. bankruptcy court in Delaware on Wednesday approved the appointment of real estate services company Jones Lang LaSalle Inc to market the Fremont, California building, which cost more than $300 million and was completed in 2010, according to court documents.
Greg Matter, vice president, Jones Lang LaSalle's Supply Chain and Logistics Solutions team, declined to say how much the building could fetch.
But another commercial real estate expert said it could go for about $150 million.
Solyndra, which manufactured cylindrical solar panels, rose to fame after President Barack Obama visited it in 2010, as part of the administration's efforts to promote jobs in renewable energy. Solyndra had received a $535 million federal loan guarantee to build a factory in Fremont.
Solyndra's bankruptcy has been politically embarrassing for the administration as Republican lawmakers jumped on it as an example of failed energy policy and government waste leading up to the 2012 presidential election.
Solyndra's facilities could benefit a company that needs an utlra-clean environment such as makers of semiconductors or disc drives.
The building, located on 30 acres in the southeast section of the San Francisco Bay Area, comes with 31,000 square-feet, or two floors of office space.
Shouldn't this money be repaid back to the taxpayers? After all, this was paid from taxpayer funds (taxes).
Remember too, how Richard Milhous Obama, who was once so eager to take credit for Solyndra, is now doing his usual game of "passing the buck" when it comes to failure.
Yes, Solyndra is the perfect metaphor for the Obama Regime, in more ways than one. "For sale" to political allies. "Bankrupt" of ideas, and leading America to economic bankruptcy.
Obama promised 5 million green jobs by turning himself into an investor using our money whether we like it or not. This is only one of the bankruptcies. He can only claim 225,000 jobs that cost taxpayers $350,000 a piece while killing a few million jobs by blocking or hindering drilling.
Maybe John Corzine could buy it now.
More like an effin' nightmare!
Yep! His dreams are our nightmares.
I believe that these “green” companies were never expected to succeed. They were used to pay off DemocRAT friends of Obama and to kick back money to the Democrat Party in the form of political donations from the “company” and it employees; using funds loaned to it by the federal government (taxpayer money). In other words, the Democrat Party looted the federal treasury. And since the Democrats control the so-called “Justice” Department there will be no investigations much less prosecutions.
Look, honey! We can go visit our tax dollars!
Did Obama say “shovel-ready jobs” or was it really “shovel-ready companies”?
Only one small tiny correction. It is spelled “Fremont” with a single “e.” Please note my signature... I live here.
Thanks
After what, 300 million dollars dissipated? Just like MF Global, and HOW MANY BILLIONS?
Every election cycle, the people quit their jobs on Wall Street and go to work for the administration.
Those that get bumped from the Treasury go back to work at JPM or Goldman-Sachs.
And billions disappear. And the bonuses on Wall Street flow like you wouldn’t believe... and men and women who work an honest job lose their homes and have to explain to their kids why they have to move...
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