(full story at daletoons.blogspot.com)
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|'Fundamentally transforming the U.S.A.'||You would think that they'd be saying 'Thank you'.|
The Labor Department today announced that it had approved Trade Adjustment Assistance for the former employees of the bankrupt solar panel maker Solyndra.(from blogs.investors.com)
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.
The department’s decision also bodes well for a trade complaint made against China by a coalition of domestic solar panel makers. The request for the TAA was based on the claim that Solyndra failed because China was underselling U.S. manufacturers. By granting the assistance, the Labor Department has indicated it believes those charges have at least some merit.
The International Conference of Rome for the Social Defense Against Anarchists opens (1898)
Nine police officers and one civilian are killed when a bomb explodes at the Milwaukee, WI police headquarters building (1917)
Lee Harvey Oswald is assassinated by Jack Ruby in the basement of Dallas police department headquarters on live television (1963)
The first state dinner of the Obama presidency on the White House grounds is crashed by several non-invitees (2009)
b: Julius Martov (1873), Erich von Manstein (1887), Ronald Dellums (1935); d: Robert Erskine Childers (1922), Georges Clemenceau (1929)