When Subsidies Go Bad

PORTLAND, OR – What happens when the taxpayers loan a company $10 million and provide another $20 million in other incentives in return for a PROMISED 450 jobs?  If you are an Oregon taxpayer and the company is SoloPower, the answer appears … NOT MUCH.

Like the better known case of Solyndra, Oregon taxpayers are waiting to find out if they will ever recover any of their hard earned money after the San Jose, CA based firm has announced that it is closing shop.


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