Thursday, October 18, 2012

Obozo "Investments" Are....Ahhh......Counter-Productive

This is what, the 8th?  10th?  59th?

A solar company that got a multi-million-dollar grant from the Department of Energy earlier this year announced Wednesday that it will file for Chapter 11 bankruptcy protection, making it the second taxpayer-backed green energy company to file for bankruptcy this week.

Satcon Technology Corp. announced the decision in a Wednesday news release.

It's a grant.  The money's flushed.  Porcelain tubes, and all that.

Whatever SCOAMF and his Energy people look at turns to shit.  THAT, my friends, is good investment advice, free of charge from Dad29!!

HT:  AOSHQ

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