17 September 2011

So when you see Dalton McGuinty...

...in all those election ads, strolling through those factories... touting his massive taxpayer-subsidised investment in the "green energy" industry... is there ever a moment when you ask yourself... "What if he's wrong?"

Look what happened south of the border with the Car-Salesman in Chief...
"We have incurred significant net losses since our inception, including a net loss of $114.1 million in 2007, $232.1 million in 2008 and $119.8 million in the first nine months of fiscal 2009, and we had an accumulated deficit of $505 million at Oct. 3, 2009," the company said in a December 2009 filing to the SEC.

"We expect to continue to incur significant operating and net losses and negative cash flow from operations for the foreseeable future."
And it gets even better. Even after the Whitehouse knew Solyndra was going down the shitter... all they cared about was how it was going to affect the re-election campaign.
Newly released emails show the White House was worried about the likely effect of a default by Solyndra on Obama's re-election campaign."The optics of a Solyndra default will be bad," an OMB official wrote in a Jan. 31 email to a colleague. "The timing will likely coincide with the 2012 campaign season heating up."
That's simply how politics works.

The one thing you might wanna remember is that Dalton isn't gamblin' with his own money. That multi-billion dollar roll of the dice?

That one, Ontario... that's on you.