Tag Archive: Bancruptcy


Mark Steyn : …

Mark Steyn :

“In the twilight of the West, America and Europe are still different but only to this extent: They’ve wound up taking separate paths to the same destination. Whether you get there via an artificial common currency for an invented pseudo-jurisdiction or through quantitative easing and the global decline of the dollar, whether you spend your final years in the care of Medicare or the National Health Service death panels, whether higher education is just another stage of cradle-to-grave welfare or you have a trillion dollars’ worth of personal college debt, in 2012 the advanced Western social-democratic citizen looks pretty similar, whether viewed from Greece or Germany, California or Quebec.”

  This needs to be remembered in November .

” Two years ago today, May 26, 2010,President Obama traveled to Fremont,California to showcase a “brighter and more prosperous future” promised by the green-energy company Solyndra.

   The solar panel maker went bankrupt last year, taking with it $535 million in taxpayer-funded loan guarantees. More than 1,000 people lost their jobs.

   The Obama administration had cut corners to rush money to Solyndra, with some of the beneficiaries being top Obama fundraisers. Even as Solyndra failed, the administration considered giving it another $469 million. ”

   Yet another scandal concealed by the partisan blinders of the water carrying LSM . 

HT/Instapundit