Monday, August 20, 2012

Great moments in the history of the DOE's green loan program

Via Hot Air

We dumped over a half billion dollars into Solyndra only to see that company go bankrupt in 2011 taking 1,100 jobs with it. So, you are probably asking yourself, "Well, what about the assets that got left behind? What about the machinery, the tools and whatever solar panels they produced."

Fear not, o intrepid tax-payer as it seems that 1,368 glass tubes that were to be components of Solyndra's tubular solar panels found their way to a UC Berkely interpretive art exhibit where they transmit light and cool air into a darkened chamber.

From PJ Media:

“SOL Grotto”, by Ronald Rael & Virginia San Fratello, was a delightful meditation on perception. Situated above Strawberry Creek, the dark wooden bunker is pierced with hundreds of glass pipes cozened from local ex-company Solyndra. Tiny snippets of the world outside can be discerned through the tubes, making one feel like they’re inside the compound eye of an insect.

For those of you in Placentia, California, SOL is a euphemism amongst the hep cats out there for "S#%t Out of Luck".

So, what happened to the other 24 million unused Solyndra solar tubes? In a word, they were destroyed. Follow the link for a local CBS News report on how workers were simply throwing these tubes into dumpsters when Solyndra shut down operations.

As sad as it is, we can think of no better metaphor than the DOE's failed and corrupt loan program than dumpster after countless dumpster filled with shattered glass and a few of the solar tubes that were spared this fate to be featured in a hippie quiet room.


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