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The Hope-a-Nomics Disaster: One Company's Horror Story

hvogel Wrote: Nov 09, 2012 8:41 AM
Did you even bother reading the column? It's not about companies succeeding or failing based on the market, it's about companies being given preferential treatment based on political ties and donations while other, less connected, companies are faced with serious financial burdens due to the failure of the preferred companies. It has nothing to do with "being a cry baby" and everything to do with corruption, underhanded dealings, and how the fallout is hurting those who acted in good faith. BTW, "record profits" means nothing without context. If you lost money in all previous years, having $1 in profits would be "record profits."
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).

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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