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

smokindave Wrote: Nov 09, 2012 1:39 PM
It was a bubble economy, presided over and encouraged by the financial regulations (or non-regulations of the time). Easy money, easy credit, and prices guaranteed to go up forever. And who was in charge of this financial fantasy? Chris Dodd and Barney Frank with their respective Finance and Banking committees. We all know what caused it, yet we reward those in charge of it, and allow them to write the rules to fix it. And we wonder why things are still bad?
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...