Do “green jobs” programs work? Why do they need money from the government if they work?
Excerpt:
Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus.
“I was told by a security guard to get my [stuff] and leave,” one employee said. The company employs a little more than 1,000 employees worldwide, according to its website.
Shortly after it opened a massive $700 million facility, it canceled plans for a public stock offering earlier this year and warned it would be in significant trouble if federal loan guarantees did not go through.
The company has said it will make a statement at 9am California time, though it’s not clear what that statement will be. An NBC Bay Area photographer on the scene reports security guards are not letting visitors on campus. He says “people are standing around in disbelief.” The employees have been given yellow envelopes with instructions on how to get their last checks.
Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said “it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. ”
The federal government offered $535 million in low cost loan guarantees from the Department of Energy.
I’m so shocked that government wasted a bunch of money on politically correct nonsense.
Jonah Goldberg had an interesting comment about the Democrat war on science.
Excerpt:
During the Larry Summers fiasco at Harvard, comments delivered in the classic spirit of open inquiry and debate cost Summers his job. Actual scientists got the vapors because he violated the principles not of science but of liberalism. During the Gulf oil spill, the Obama administration dishonestly claimed that its independent experts supported a drilling moratorium. They emphatically did not. The president who campaigned on basing his policies on “sound science” ignored his own hand picked experts. According to the GAO, he did something very similar when he shut down Yucca Mountain. His support for wind and solar energy, as you suggest, isn’t based on science but on faith. And that faith has failed him dramatically.
The Democrat party lets ideology trump science, and economics too. To be “smart”, you need to not believe in nonsense.

The only way to measure intelligence is by looking at results. If the goal is to create jobs, then the smartest person is the one who creates the most jobs with the least amount of money spent.

Obama spent a ton of money and he failed to create jobs. He said that his plans would create jobs, and they didn’t. The Democrats have been losing jobs since they took control of Congress in 2007.
Republicans create new ad from failure of subsidized solar power firm
Um WK, “I’m so shocked that government wasted a bunch of money on politically correct nonsense.” You’re not really so shocked. :) It’s Obama. I don’t think this is surprising anymore. My only concern is what happens next, does government go bankrupt before or after the corporations can no longer afford to pay their taxes?
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