Wednesday, July 18, 2012

If you have a company, you didn't build it. Someone else did ...

... and if it was the federal government, it probably went broke. Yup, another federally-backed solar power company just called it quits.
The Amonix solar manufacturing plant in North Las Vegas, subsidized by federal tax credits and grants, has closed its 214,000-square-foot facility about a year after it opened. [Yup.]

Officials at Amonix headquarters in Seal Beach, Calif., have not responded to repeated calls for comment this week. The company began selling surplus equipment, from automated tooling systems to robotic welding cells, in an online auction Wednesday. [Did not answer the phone; so much for transparency.]

A designer and manufacturer of concentrated photovoltaic solar power systems, Amonix received $6 million in federal tax credits for the North Las Vegas plant and a $15.6 million grant from the U.S. Department of Energy in 2007 for research and development. [Tax credits and grants; not obstacles and EPA restrictions.]
I've lost count, but this probably the 4th major solar company to have filed for bankruptcy despite being backed by the deep pockets of the federal government.

4 comments:

  1. "if you have a company, you didn't build it"...I heard part of the speech and it really peed me off to no end. He was obviously pandering to a crowd of low income or low payed workers who LOVE to hear these kinds of speeches. But this speech was a "slap in the face" to any hard working American who worked their butts off to start a business. It is a no brainer that NO ONE builds a business without the help of their employees, but it takes the business owner, their money, their know how, and their leadership to build it up and keep it growing. I am NOT a business owner, but would never be jealous or angry at anyone who starts and builds a business. More power to them. I think this administration is doing nothing but trying to create a class warfare between the people. I have absolutely NO respect for this current administration.

    ReplyDelete
    Replies
    1. You have no idea how much that statement "irritated" me, and that's putting it mildly. It was not made in response to a question or a misspoken comment. It was a major presidential speech. It told me all I need to confirm what I already suspected of his socialist background.

      I tried hard -- never succeeded from bringing politics into my blog -- I moved a lot of my politics to other posts (well-buried) and other sites, but this is one sentence, one statement you will see going forward on this site.

      A lot has irritated me about this administration but this, as they say in Williston, takes the cake.

      I wish Steve Jobs, an Obama supporter, I assume, would have heard this, taking his company from a garage start-up, to the 1st or 2nd largest company in America (market value).

      Delete
  2. The country chose to ignore the handwriting on the wall in 2008. Instead they were swept away with this smooth taking highly educated, from Harvard no less, candidate and it would be so wonderful to have our first black president. Never vetted to find out his background and his real beliefs were we voted in someone that little was known about.

    Today we know he was raised in a dysfunctional family of the worst order. A father who was a Kenyan communist and a mother who was a far-out leftest who admired the communist ideals. She couldn't raise him after the fathers abandonment so most of his formative childhood years was spent being tossed back and forth between her and her parents who themselves were far leftest infatuated by communism as well.

    In collage he fell into the drug culture and seeked out radical leftest also admirers of communism and believed the United States started out bad and has been no good from the beginning, the same basic belief of the Progressive Liberals today. Though the progressives don't advocate a violent revolution they instead practice the pabian socialist model of the late 19th century Europe. Gradual imposition through the growing of a central government until the revolution is accomplished. Kind of like a frog in slowly heating water. The citizens don't know it is happening before it is too late and their freedom and liberty are cooked. Through primary and higher education the next generation is being taught that the United Stated is bad and the progressives have a better but unproven way. In other words destroy the love of country.

    This is who we have as President, should there be any question about replacing him in the upcoming election? Not for me and I hope the majority of Americans feel he needs replacement as well.

    ReplyDelete
    Replies
    1. I have never bought a political t-shirt in my life, but I will buy a "I Built My Company" or maybe a t-shirt that says "I Didn't Build My Company."

      I am truly amazed a speechwriter wrote that sentence and he spoke it. I have noticed that no one has tried to put spin "on what he meant to say," although I haven't followed the news as much lately. But that was truly an incredibly stupid statement.

      Delete