Free Republic
Browse · Search
News/Activism
Topics · Post Article


56 posted on 09/14/2011 10:59:37 AM PDT by Fixit (One Term Too Many)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Fixit

Very very nice and very appropriate. I drive by that fancy new factory early every Monday morning and the lights behind the sign are still going full blast while the world knows that the whole thing from day 1 was built on an unsustainable house of cards and cost model. I mean the business case never ever came within 30% of closing at zero profit. A total bleeping fraud from day 1.

When a company starts to get focused on building a beautiful facility more than on making their core product profitable, any breathing person knows they are toast. Saw that happen to Silicon Graphics in Mountain View CA in the late 1990s and once their fancy new campus was built they were no more and Google ultimately picked up their exquisite facilities for a song.

To anybody with a brain, Solyndra was toast from day 1. Of course, that cohort doesn't include nearly anybody in the 0bama Administration.

58 posted on 09/14/2011 11:19:53 PM PDT by SFConservative
[ Post Reply | Private Reply | To 56 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson