Massive layoffs at another Obama stimulus company

One more for the gypper....

Yet another one is laying off 200 employees to apparently offset losses.

A California-based solar power company named Amonix opened a manufacturing plant in the City of North Las Vegas, Nevada just last year !!!

We "only" had to give this outfit $5.9 million.

How can He "create" jobs with deals like we've been seeing ?

More corruption on the ropes !!


01/30/2012 -- HumanEvents

Hard on the heels of $118 million “stimulus” recipient Ener1 declaring bankruptcy comes news that another highly-touted “green energy success story” just laid off two-thirds of its workforce. From the Las Vegas Sun:

Just seven months after California-based solar power company Amonix Inc. opened its largest manufacturing plant, in North Las Vegas, the company’s contractor has laid off nearly two-thirds of its workforce.

Flextronics Industrial, the Singapore solar panel manufacturer that partnered with Amonix to staff the new $18 million, 214,000-square-foot plant, laid off about 200 of its 300-plus employees Tuesday.

source & video
The President's investment hot streak continues

Solar Panel Company That Obama Praised as “Success Story” Hits the Skids (Video)



Obama even spoke about it and called Amonix a "success story"




(youtube caption)

President Barack Obama speaks about the economy at the University of Nevada Las Vegas. In his address, President Obama describes Amonix as a "success story".

Amazingly, Obama’s re-election strategy involves boasting of his job-creation prowess, and hoping desperately that voters don’t ask how long those wonderful stimulus jobs lasted, how many jobs were lost during the Obama presidency, how much the workforce contracted, and what the private sector might accomplish when liberated from ideologically-driven central planners.

Gimme a Refund !!