Colorado Distribution Group is a privately held storage and shipping company based in Denver. Thanks to hope-a-nomics, its warehouse is saddled with nearly 7,000 pallets of federally subsidized solar panels (one-third of which are completely spoiled and unsalable), along with related detritus such as...
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Why can't the storage company do what others do when the renter doesn't pay the bill. Auction off everything in the units to a metal + glass recycling company and get the storage units empty to rent again? That's exactly what I would do. The unpaid rent is at least recouped to a small extent by the sale to the recycler and the units are free to rent again.
President Obama promises to move the country forward with his recycled pledge of five million green jobs. But in the real world, small businesses are struggling to stay afloat as they deal with the fiscal wreckage of this administration's disastrous venture socialism. Here's the tale of just one Colorado company victimized by the Obama Department of Energy (DOE).
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