More than a decade since President Barack Obama took office and began handing out billions of taxpayer dollars to green energy companies, some of those companies are still filing for bankruptcy.
Most people will recognize the name Solyndra, which stands as the biggest example of Obama’s green-energy failure. The company received more than half-a-billion dollars from taxpayers through the Obama administration’s massive stimulus bill in 2009 and filed for bankruptcy in 2011. Obama touted the company as an example of his stimulus’ success – a green energy company that was helping the environment and creating construction jobs. The company’s bankruptcy became its own example of Obama’s stimulus – taxpayer dollars going to pie-in-the-sky companies with the right political philosophy.
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