The more we learn about bankrupt half-billion boondoggle Solyndra, the more obvious it is that their business model relied on tapping into nature's most renewable energy source: lies. TheDC's C.J. Ciaramella reports: "Just months before it declared bankruptcy, now-bankrupt and scandal-ridden solar company Solyndra painted a rosy picture of its future for members of Congress. In a June memo titled 'Exceeding Expectations: Solyndra Today' and a letter to several members of Congress, Solyndra claimed it was 'on track' and 'ramping up production' to meet revenue and job-creation goals set by the Department of Energy, which had loaned the solar start-up $535 million. A July letter to the House Energy and Commerce Committee said, 'Solyndra's revenues grew from $6 million in 2008 to $100 million in 2009 to $140 million in 2010. For 2011, revenues are projected to nearly double again.'" OOPS. Another Solyndra lie: "Yes, Congressman, we'll be glad to answer your questions."
http://go.madmimi.com/redirects/d547322357f70ecbfecc50f8ce1b7dfc?pa=5384188164
Green is the new Greed
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