WASHINGTON – In this week’s address, President Obama called Orion Energy Systems in Manitowoc, Wisconsin an example of how America can win the future by being the best place on Earth to do business. Orion was able to open with the help of small business loans and incentives that are creating demand for clean energy technologies. By sparking innovation and spurring new products and technologies, America will unleash the talent and ingenuity of American workers and businesses, which will lead to new, good jobs.
As Doug North would say, "BUHH-uht..." (he says it with two syllables, really he does). The "but" in this case is more like a "but, but, but, but...wtf?...but..."
Orion Energy is well on its way to bankruptcy. It produces no products that anyone wants to buy. It's a boondoggle. Here's a 4 year stock price chart on AMEX for you:
The Obama Admin has a two part test for "succes":1. Are you receiving money taken at gunpoint from taxpayers, and using it for some purpose that makes lefties happy? Most important, is this something that has no actual market, in the market?
2. Did you spend the money? All of it?
If you can answer "yes" to both sets of questions...you are a SUCCESS! So we'll give you more money.
Archimides is reported to have said, "Give me a large enough lever, and a fulcrum on which to place it, and I will move the whole world!"
Obama says, "Give me enough deficit-financed subsidies, and a second term, and I will employ the whole world in failing to produce products that no one wanted to buy in the first place."
Nod to the Blonde
4 comments:
"and I will employ the whole world in failing to produce products that no one wanted to buy in the first place"
Does this need a rewrite?
winning the future with choo-choos and windmills, baby!
Wouldn't it be cheaper to just "rebrand" the US as South Korea?
They're going to place all the windmills in DC. This could work.
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