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Wind-Turbine Maker That Obama Praised Files for Bankruptcy
Industry Week ^
| 7/1/11
| Josh Cable
Posted on 08/05/2011 2:44:34 PM PDT by Winged Hussar
"Renewable energy isn't something pie in the sky," Obama said during a speech at Cardinal. "It's not part of a far-off future. It's happening all across America right now.
" ... It can create millions of new jobs and entire new industries if we act right now."
Jeff Grabner, vice president and head of the company's wind business, told the Plain Dealer earlier in the week that Cardinal had been losing business to European suppliers who had underbid Cardinal, forcing the company to trim its workforce by 15 employees a year ago.
(Excerpt) Read more at industryweek.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: bankrupt; boondoggle; capandtrade; cardinal; debt; failure; fraud; green; greenenergy; greenjobs; greenpower; hotair; jeffgrabner; obama; obamanomics; renewableenergy; socialism; waste; wind; windmills; windturbine
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To: Winged Hussar
Hey! How ‘bout those “green jobs!” It just don’t get any better than this! Look for a Barry Bailout Special! BOHICA!!
2
posted on
08/05/2011 2:47:06 PM PDT
by
FlingWingFlyer
(Americans need to wean their government off of its dependence on foreign money.)
To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
3
posted on
08/05/2011 2:47:16 PM PDT
by
Nachum
(The complete Obama list at www.nachumlist.com)
To: Winged Hussar
A communists running America will never work.
To: Winged Hussar
"Renewable energy isn't something pie in the sky," Obama said No ! it is unicorns and pixie dust !
5
posted on
08/05/2011 2:49:38 PM PDT
by
Uri’el-2012
(Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
To: Winged Hussar
Without the global warming hoax and huge subsidies from the taxpayers this and many other companies would not have existed in the first place.
6
posted on
08/05/2011 2:49:38 PM PDT
by
GeronL
(The Right to Life came before the Right to Happiness)
To: Winged Hussar
Wind turbines are only good for killing birds.
To: Winged Hussar
Wind turbines are only good for killing birds.
To: barstoolblues
To: Winged Hussar
10
posted on
08/05/2011 2:56:11 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: Winged Hussar
11
posted on
08/05/2011 2:57:13 PM PDT
by
red-dawg
(Biden says I am a terrorist - I say he should RESIGN NOW.)
To: Oldeconomybuyer
Business owners across Barackistan cringe at the thought that the Dear Leader may stop his bus in front of their establishment as he undertakes his tour amongst the serfs and their shops.
To: red-dawg
Looks like a carbon emission to me.
Underbid by European companies? Somebody has a lesser tax rate and fewer regulations, I suspect.
13
posted on
08/05/2011 3:02:46 PM PDT
by
skr
(May God confound the enemy)
To: Oldeconomybuyer
Business owners across Barackistan cringe at the thought that the Dear Leader may stop his bus in front of their establishment as he undertakes his tour amongst the serfs and their shops.
To: Winged Hussar
Isn't this the fourth or fifth "alternative" heavily subsidized business that he personally visited that has failed in the last year?
15
posted on
08/05/2011 3:03:42 PM PDT
by
Publius6961
(My world was lovely, until it was taken over by parasites.)
To: red-dawg
Good clean renewable energy with no carbon output. HA!
To: FlingWingFlyer
Another dying greenco is Solyndra, based near SF. However they are in trouble after receiving 500 million from Uncle Sugar.
17
posted on
08/05/2011 3:11:39 PM PDT
by
Huskrrrr
To: Winged Hussar
This is the Republicans fault!
If they would have just subsidized the company more than the Europeans subsidize their companies, it would still be in business and suckling off the taxpayers’ teat.
To: FlingWingFlyer
If Cardinal's former employees need lunch. they could always drive over to Toledo and eat at another Obama praised business, Chet's Diner. Oh, Wait,..........
19
posted on
08/05/2011 3:22:31 PM PDT
by
Lockbar
(March toward the sound of the guns.)
To: All; Winged Hussar
Obama’s “Midas Touch” strikes again. /s
20
posted on
08/05/2011 3:24:54 PM PDT
by
newzjunkey
(Get behind ONE "Balanced Budget Amendment" (BBA))
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