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RE :"Solyndra received the loan guarantees as part of President Barack Obama's economic stimulus package — in large part because the company promised to keep manufacturing jobs on American soil. But industry officials say that the economic factors that drove Solyndra out of business — namely competition from Chinese manufacturers, which have low labor costs and benefit from large government subsidies — mean that whoever buys Solyndra's technology will almost certainly try to manufacture its panels outside the United States..... But the panels' production costs were too high to keep the company in business. Though Solyndra's panels are estimated to have been installed on more than 1,000 commercial and industrial roofs in 20 countries, the company lost money on nearly every sale, the bankruptcy filing shows. In the filing, W.G. Stover, the company's chief financial officer, wrote that Solyndra "was forced to reduce its average selling prices to remain competitive." He said that Solyndra had sales of $142 million in 2010 but lost $329 million."

Along with 'If you like your insurance you can keep it' Obama always said at speeches and rallies 'We wil create Green jobs that cannot be shipped overseas'. I remember back in 2009 or last year Glenn Beck doing a blackboard lecture showing how the Chinese will be easily able to make these solar panels cheaper than these companies in the US that Obama gave the money too, just as they did.

Back in 2009 Obama's base liberal black voters really believed that Cap and Trade would create all these new high paying union jobs here, the new domestic auto industry. That is why they never complained about the C+T taxes to pay for it. Carbon energy is still way too cheap compared to any of this.

'Goodfellas' again...the boss has you run up yer credit line, selling it all at a loss [while pocketing every cent], then when the bills come due, 'you strike a match' and collect the insurance...

sadly the taxpayer has been on the hook every step of the way, and *if* the company gets sold, i wonder where all those dollars [yuan] will go ???