Obama promises the "moon" at a Solyndra plant in California, only to watch it forfeit on its half billion dollar loan and seek bankruptcy protection.

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From the President's speech in 2010:

Every day that you build this expanded facility, as you fill orders for solar panels to ship around the world, you’re demonstrating that the promise of clean energy isn’t just an article of faith -- not anymore. It’s not some abstract possibility for science fiction movies or a distant future -- 10 years down the road or 20 years down the road. It’s happening right now. The future is here. We’re poised to transform the ways we power our homes and our cars and our businesses. And we’re poised to lead our competitors in the development of new technologies and products and businesses. And we are poised to generate countless new jobs, good-paying middle-class jobs, right here in the United States of America.

That’s the promise of clean energy. And thanks to the men and women here today -- and the innovators and the workers all across America -- it’s a promise that we’ve already begun to fulfill.

Editor's notes: the Solyndra solar plant went into bankruptcy last week, a little over a year into production, laid off 1,100 California workers and forfeited its half a billion dollar loan, monies guaranteed by the Obama government (that means the taxpayer is stuck with this bill, folks) . It is the third green manufacture to "go under" in the two months. Understand that T Boone Pickens spent 1.5 billion dollars of his own money, trying to get wind energy into Houston (I believe) and failed. He quit because the effort "was just too damn expensive." Green energy is a critical concern, but its time has not yet come, if we are thinking that green energy production is ready to produce significant energy supplies in addition to "millions of jobs," as promised by Obama.

Renewable energy, including hydo-production, is the only path for the survival of humanity, and that will need to be effectively addressed before the end of this century. But we are in the first stages of this important project, not in the production and supply stage.

Point of post: to document the continuing demise of the Obama Domestic Policy.

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