Obama's Solyndra: Marxist Free Enterprise Using Taxpayer Dollars

(cartoon by Michael Ramirez)


Obama's Solyndra is a classic case of Marxist thought applied to the Free Enterprise system.  Using lots of taxpayer dollars, Obama has funded a company that makes products for which there is not enough demand to justify the investment of those dollars.  The company has gone bankrupt, and the taxpayer dollars are all flushed down the drain, just as they have been in numerous cases since January 20th, 2009.

Not only that, the Solyndra plant was built on some of the most expensive real estate in the United States.

An article in Bloomberg outlines the excesses that were paid for by over half a billion dollars of taxpayer money (to a company which had Nancy Pelosi's Brother-in-Law as its second in command):

It wasn’t just any factory. When it was completed at an estimated cost of $733 million, including proceeds from a $535 million U.S. loan guarantee, it covered 300,000 square feet, the equivalent of five football fields. It had robots that whistled Disney tunes, spa-like showers with liquid-crystal displays of the water temperature, and glass-walled conference rooms. 

The plant features 19 loading docks, four electric car charging stations in the parking lot and landscaping of wild grass and a rock garden. An automated rail system moved parts through the assembly process. 

Robots that resembled “a big freezer with wheels” maneuvered around the factory transporting panels from one machine to another, said George Garma, 49, a former Solyndra equipment maintenance technician from Fremont. The Disney tunes alerted workers to the robots’ presence. 

The Marxist-In-Chief in a field of solar panels like those that Solyndra produced.

“It was first class,” David Chan, 51, who was an information-technology contractor for Solyndra, said in an interview. “I’ve been in the business for 25 years and have seen some elaborate buildings. I’ve never seen a facility like it.” 

Commercial real-estate agents in the region wondered why a new factory was being built in the Silicon Valley region, the epicenter of some of the priciest real estate in the country, where most new construction consists of office space. 

“There hasn’t been a factory or warehouse building built in Silicon Valley in well over 10 years,” Jeff Fredericks, managing partner at Colliers International in San Jose, said in an e-mail. 

The asking rate for industrial properties in Silicon Valley is the fourth-most expensive in the U.S., according to Jack DePuy, Bay Area research manager at CB Richard Ellis in Foster City, California. 

This is a prime example of how a Marxist like Obama will use taxpayer dollars to try to create a supply for something (solar technology) that there is not enough demand for.  The reason that there is not enough demand for it it?  Because the technology has not developed enough yet to efficiently supply enough energy to significantly make a difference in the needs of a country like the USA.  If it was a cheaper and better way to provide electricity, the Free Enterprise forces would be bringing customers in flocks to the door of companies like Solyndra.  

Solyndra failed because it produced a product that not enough people wanted.  Period.  Either that, or we all must be racists, I guess.