Green energy firm sacks two-thirds of American workforce days after receiving $32 million government loan. Obama donor retention program …
What a scam the whole green energy is … What are you going to do when the wind don’t blow? Shut down for the day? Going to mount a windmill on your car? How stupid the whole folly really is. Only someone who is purposely trying to wreck the economy would believe in green energy. Or someone who does not understand the reality invoked by the laws of physics.
Somebody needs a physics book, because renewable energy does not exist. How do you build windmills? Using more windmills? Or Chinese coal?
Has anybody checked, how incredibly expensive wind generated electricity really is? Do you think the windmills are built by gnomes and elf’s? Using pixie dust? How exactly are the windmills built? Repaired?
Our liberty protecting free press is nothing but the Obama campaign … Alternate sources needed.
We make green energy in China … Washington Free Beacon reports:
Just days after the Export-Import Bank approved a multi-million dollar federal loan guarantee to benefit a mostly foreign-based wind-energy outfit, the company pink-slipped more than 200 American workers.
The American factory was all for show …
The Export-Import Bank, a federal agency that promotes and finances sales of U.S. exports to foreign buyers, approved a $32 million loan guarantee on Aug. 2 for a Brazilian firm to purchase wind turbines from LM Wind Power. According to its website, LM Wind Power is headquartered in Denmark.
“Ex-Im Bank’s financing, which guarantees a Bank of America loan, will support approximately 250 permanent American jobs at the company’s Little Rock, Ark., and Grand Forks, N.D., manufacturing facilities,” the bank said in a release.
The company maintains a manufacturing presence in Arkansas and North Dakota—but the company laid off 234 of the Arkansas plant’s roughly 300 workers just two days after its loan was approved.
Maybe drilling would be better. Tell me, why is oil well drilling in the Gulf of Mexico being slow walked by the federal government? Essentially prohibited? Maybe a debate question is in order?