Thursday, June 14, 2012

Trust NO Politician!

Sen. Hatch’s Solyndra Utah Sen. Orrin Hatch did so many favors for Raser Technologies, a green technology company in his state, that the company named its geothermal power plant "The Hatch Plant." His role turned out eerily reminiscent of President Obama's support for the failed solar-panel maker Solyndra. The Hatch Plant is now shuttered, and Raser Technologies has gone bankrupt. "He supported Raser," Hatch spokesman Matt Harakal told me, "because they were a Utah company, not because of any specific focus on renewable energy. ... His focus is getting Utah companies out in front of the world." The Hatch-Raser relationship didn't end well for Raser or for taxpayers. How will it end for Hatch? (From Washington Examiner)

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