Faith-based economics fails Obama again | Examiner Editorial | Opinion

Faith-based economics fails Obama again | Examiner Editorial | Opinion | Washington Examiner:

"Every day that you build this expanded facility," President Obama told employees of Solyndra at the company's solar panel plant in Fremont, Calif., last May, "you're demonstrating that the promise of clean energy isn't just an article of faith. Not anymore. ... It's happening right now. The future is here."

Well, it was here. Yesterday, Solyndra announced it was filing for bankruptcy, despite Obama's bold statement 15 months earlier that the company would create 4,000 new jobs -- 3,000 in construction and 1,000 in manufacturing. In September 2009, Solyndra had received the very first federal loan guarantee -- $535 million -- from a Department of Energy program partially funded by Obama's stimulus package. But questions quickly surfaced. A Pricewaterhouse Coopers audit of the firm, months after the award was announced, found it to be a black hole for cash. Solyndra's cumulative $558 million in "recurring losses from operations," PwC wrote, and "negative cash flows since inception ... raise substantial doubt about its ability to continue as a going concern."

'via Blog this'

Kansas politicians, business leaders, aviation workers protest Obama's comments on business jets

Used to live and work in Wichita, in the aircraft industry. Got laid off right after the three stooges deemed corporate aircraft to be "evil." You know, obama, pelosi and reid, who have access to the 89th Airlift Wing at Andrews AFB.
This is from the fishwrap of record for Wichita and Sedgwick County, Kansas. But it has implications for the entire country.
Kansas politicians, business leaders, aviation workers protest Obama's comments on business jets
Kind of refreshing to see a union take Teh i Won to task, isn't it. I didn't think the IAM and AW had any character at all. But possibly some of those workers, some of whom I may know, have finally seen what is at stake.

My liberal kid sister

I put up a link on facebook from Ironic Surrealism about a new operation from the Tampa ATF SAIC. They called it "Operation Castaway." It reveals the supplying of arms to MS-13 of all things.
Since I was critical of the president, the attorney general and secretary napolitano, I caught hell about it. Geez......
Trying to be objective is trying, itself.
http://ironicsurrealism.com/2011/07/11/atf-gunwalking-scandal-exploding-operation-castaway-tampa-division-walked-guns-to-honduras-and-ms13-gang-members-too/