It was an 80s movie starring Richard Pryor, where he had to spend 30 million in 30 days, in order to get a 300 million inheritance. But the catch was that he couldn’t have anything to show for it at the end of 30 days. He also couldn’t just give the money away. I keep thinking of that when reading about the Solyndra scandal.
Part of me feels for the people who were let go. Our management blew through 130 million, instead of 500, but some of the stories the employees are now speaking about in regard to waste sound eerily familiar. Nonetheless, it took us ten years to burn through our money in an industry that’s inherently quite costly. It’s hard for me to even fathom how a 1100 person manufacturing company burns through a cool half-billion in a year without just taking 100 dollar bills and using them for toilet paper, or as filters for the coffee machine, and even then I think it’d be tough. These people clearly put the management of my previous employer to shame, when it comes to wasting cash.
The other thing that upsets me about Solyndra is the fact that the GOP had to go blow the whole impeachment thing on Bill Clinton for getting a blow job in the oval office and lying about it. Giving a half-billion dollars of our money to your political cronies to take a match to is exactly the kind of thing I want to see a President standing before Congress in chains over. But that’s not going to happen. No, they blew that wad. Thanks guys.