Quote:
Originally Posted by spence
Huh? The problem was that the company couldn't compete because the Chinese Government -spence
|
it's Bush...it's the Chinese...it's Bad Luck...it's earthquakes, tsunamis and hurricanes...it's "Typical White People", it's the Tea Party.....Global Warming....Global Cooling....Sarah Palin....those
RELIGEOUS(except Muslim radicals) people....the rich(except the ones that donate to and support Obama but don't pay their taxes).........it's always someone or something else and it's getting really...really tiresome
are Chinese Government subsidies responsible for these too?
"Last week Obama toured to much fanfare a Johnson Controls plant in Michigan where $300 million in conservation grants produced 150 jobs — at a cost of $2 million per position."
Evergreen Solar Inc is a "Massachusetts company that the White House once said 'is hoping to hire 90 to 100 people' thanks to stimulus money has $485.6 million in debt. Evergreen closed a factory in March, reports the Boston Herald, and cut 800 jobs. A Michigan plant is to be shut down, as well, causing the loss of even more jobs."
"Green Vehicles of Salinas, Calif., which has burned through more than $500,000 in money 'invested' by the city, folded last month without having produced anything of significance. The company promised it would employ about 70 and pay back Salinas taxpayers with $700,000 a year in city taxes."
In Seattle, "a $20 million federal grant for home weatherization has, according to KOMO news, retrofitted only three houses and created 14 jobs in more than a year."
Green Bus Biz Fails: Government Planners Pick a Loser … and Stick With It By Tom Gantert | Aug. 1, 2011
Fisher CoachWorks was a Michigan hybrid vehicle “green” start-up company that the state hoped to claim as one of the “success stories” for the state’s premier economic development program. Former Gov. Jennifer Granholm championed the company in a September 2009 news release, saying it was part of Michigan’s “new energy” economy. Some estimates showed that it would create 530-plus jobs.
Instead, the Michigan Economic Development Corporation lost taxpayers $1.6 million on the deal, but not until after an organization-wide effort to save the company.
Six months after the governor publicly praised Fisher, a Feb. 15, 2010, MEDC memo stated that Fisher CoachWorks had failed to meet two performance “milestones” as part of its $2.6 million total loan agreement with the state. The memo asserted that if the MEDC didn’t give Fisher CoachWorks the $1 million remaining from the initial loan deal and then allow it to change its benchmarks, then “the company will most probably be dissolved.”
On March 15, 2010, Fisher sent an email to the MEDC notifying it of plans to shut down and lay off all of their employees. The announcement that the company was going down set off a flurry of MEDC activity to try to find the company some money.
Leslie Smith, then MEDC’s director of business acceleration, wrote in a March 29, 2010, email, “I’m pulling together all of the forces of MEDC” to help find a way to salvage Fisher CoachWorks.
According to one staff email dated April 9, 2010, the MEDC tried to convince the Flint Mass Transit Authority to give $2.2 million of its federal stimulus “development” money to Fisher CoachWorks.
there are more too
wait...forgot Europe
Obama blames Europe for his Green Jobs failure
byConn Carroll Senior Editorial Writer
Follow on Twitter:@conncarroll
President Obama is blaming cuts in European solar power subsidies for his administration's half-a-billion dollar bad bet on a failed green collar California firm.
What????...I thought it was the Chinese Government Subsidies that were to blame...it's the
lack of European Government Subsidies now....he should just
BLAME THE WORLD