Green energy boondoggles...

[billc]

More green energy companies falling to pieces...take out the government check book...

http://www.globalwarming.org/2012/0...recipient-hits-the-skids-the-third-this-week/

Earlier this week, Stimulus beneficiary Evergreen Energy bit the dust. Then, Ener1, a manufacturer of batteries for electric vehicles and recipient of Stimulus largesse, filed for bankruptcy. And today, the Las Vegas Sun reports that Amonix, Inc., a manufacturer of solar panels that received $5.9 million from the Porkulus, will cut two-thirds of its workforce, about 200 employees, only seven months after opening a factory in Nevada.

 

[Big Don]

The thing is, to be successful, businesses must be efficient. Efficiency is a word alien to any government which is why anytime you see government involvement in business you know a boondoggle is right around the corner. Look at the Post Office! The USPS has, a monopoly on first class mail, and is still BILLIONS of dollars in the hole...