November 22, 2011
Reuters
By Sean Higgins, Investors.com
The Labor Department today announced that it had approved Trade Adjustment Assistance for the former employees of the bankrupt solar panel maker Solyndra.
That means all of the firm’s 1,100 ex-employees are eligible for federal aid packages, including job retraining and income assistance. The department has valued packages at about $13,000 a head.
Taxpayers will have to cough up yet another $14.3 million as a result of Solyndra’s bankruptcy. They are already on the hook for $528 million in federal loan guarantees to the company that are unlikely to ever be paid back.
Rush Limbaugh
A conservative vegetarian will eat his vegetables and leave you alone. A liberal vegetarian will eat his and then demand that you only eat vegetables, too. And this is one of the big differences between liberals and conservatives across the board
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