Lintelle Engineering closing after 22 years due to Solyndra bankruptcy



SCOTTS VALLEY - Dozens of people turned out Friday to say goodbye to Lintelle Engineering founder Bill Turner, who hosted a picnic for current and former staff in the company parking lot on El Pueblo Road.
Lintelle, founded in 1989, was forced to close after its largest customer, Solyndra, filed for bankruptcy owing $1.9 million for equipment built by Lintelle employees. The bankruptcy filing came despite Solyndra receiving a $535 million federal loan guarantee.
"It's hard to see this happen," asked Teri Stacher, 47, of Santa Cruz, who worked for Lintelle for 12 years. "We figured with the federal government backing that they did their research. It wasn't true. Will anything be learned from this experience?"
http://www.santacruzsentinel.com/localnews/ci_19115539

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This may be only the one we've heard about to date, no telling what the total impact will be when the dust settles.
Unintended Consequences?
It seems that we the taxpayers were not the only ones screwed by the corrupt white house and incompetent DOE decisions concerning Solyndra! I intend to send this question to www.whitehouse.gov and ask why! Maybe we all should!
 
Their response so far is that 'winners cannot always be picked'! I wonder what winners they HAVE picked except the Seals that took out UBL!

I saw this last night.  The quote by the lady realizing it was all a lie was stunning, especially in asking if anything would be learned from this.  My response would have been, well that is entirely up to you and everyone you know because it is your community that votes for the people who brought this upon you.  Then give her the phone number and web address for the nearest Tea Party Patriots chapter.

 

So we have a company who received something like $585 million dollars from the feds and they can't even pay 1/2 of the debt owed to a supplier of 1.9 million?  This whole "green energy" thingy is nothing more than a slush fund for Obamas reelection and payoff to cronies.  Now more digging is in order to see how many other suppliers have not been paid, including the contractor and subs who build the new building they moved into.

 

Don;t stop there, make sure that every supplier actually delivered any goods at all.  Check the flow of money to make sure it was not used to offer complementary dinner plates at the $35,000 per plate fundraisers he has been having all over the country.

 

This is the TIP of the iceberg

 

The government is great for bringing down honest contractors that are dumb enough to trust this administration.

"Will anything be learned from this experience?"

Short answer: No. .......But they may learn to leave less of a paper trail next time.

Plain and simple. America is under attack!

And locally, Industrial Steel Fabricators after 44 years in business, yes I said 44 YEARS in business, is closing it's doors. It had employees that had been with the company 20 to 35 years. It was started by two brothers back then and continued forward. Thanks to the FED and Wall Street, it is now gone like many other businesses across our nation. If we don't get control of this country and take it back from the CFR, Trilateral Commission and David Rockefeller's Bilderburg Group we are doomed as a nation. For the last 5 decades every canditate for President has been CFR members or had deals with the Bilderburg Group. The only candidate that is not connected to the FED or the Bilderburg or CFR is Ron Paul. It is time to end the spending of trillions on undeclared wars and invest the savings in this country. A return to a gold backed currency, end the FED, and a return to Mom and POP business that helped build this country. We need an end to big box Facist, monopolistic, Corporatism that destroys small business and removes competition from the free market. How many small businesses have Lowe's, Home Depot, Wally World, McDonalds, Burger King etc destroyed over time? The choices we make coming up to the next election will be life or death for this country. If you know of a business that has gone under because of the FED created second great depression, let others here know about it as a tribute to the hard working American small business. Doug and Glen became close friends of mine over the last seven years and it saddens me greatly as well as makes me angry that ISF is no more. If that talent was harnessed we could rebuild this country.

 

Maybe If Obama  had been raised by responsible real Americans who loved their country and would have fought and died for it's freedom as so many have, he would give up his $70 million re-election fund to those he has put out of business and left hurting from his hatred of our Great Country. I also say let the protesters  stay and waller in their filth until they have a collara out break and some other deseases and see if the media will blame the Tea Party and the Wall Street Millionare's for that too!  

Who is "Obama" really?  No one knows anything about him except what he says about himself.  We know he uses or has used aliases.  We know he has used Social Security numbers that were not his.  We know he traveled to countries that were restricted from travel but we don't know how.  We don't really know who is father really is or was or where he was really born.  He was never vetted!  We know nothing about him except he is crooked, engaged in criminal activity, and no one seems willing to do anything about it. 

And we also know that he is very good at destroying this country.  He is undoubtedly Muslim and only got the number of votes that he did by election fraud.  (Thanks to Unions and Acorn)

Where did America go?  Do you think our Founders would have stood for this?

Ken, read the book, The Roots of Obama's Rage. It will tell you a lot about him and his childhood.

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