Obama's Pet Green Company Goes Bankrupt

Obama wanted to make "green tech" one of his pillars...that palace is crumbling.  The foundation of Obama's tenure is falling apart, Obamacare declared unconstitution by the 11th Circuit - appears headed toward a Supreme Court showdown before the election, and now Evergreen Solar.

Evergreen Solar Inc., the Marlboro, MA solar company that received millions in state subsidies and more millions in Obama stimulus to build an ill-fated Bay State factory, has filed for bankruptcy.  The company once promised 800 jobs, and a stream of products.  Obama visited the factory several times, using them as a back drop.  Like Obama's entire presidency, bankruptcy seems poetically appropriate.

Obama ill-fated taxpayer sink-hole the GM Volt is another failed effort.  GM sold just 114 Volts in July.  GM still owes taxpayers $30 billion.  Gallup polling Obama at 39% approval is not an anomaly.

Moody's Lowers Econ Outlook For 2011