There are many many reasons why the industrial engine that once was the American economy now lies fallow. Zero Hedge readers are very well versed in these.
I don't know what kind of last minute half baked job creation nonsense Obama is planning to spout just before kick off time next Thursday night. But I do know one thing that that solar powered moron and his bankster loving halfwit AG don't know: America makes the best damn guitars in the whole wide world, bar none.
I have been thinking about what the administration is doing to the Gibson Guitar Corporation, the Cadillac of "Made in USA" guitars. The answer to our problems is likely to be found somewhere between Barry's pet solar powered stimulis project, Solyndra and the harassment of Gibson by Eric (Inaction Jackson) Holder's bankster loving DOJ in collaboration with the US Fish and Wild Life Service.
Solyndra is, or more accurately was, a US start-up manufacturer of solar panels. It just laid off approximately 1,900 employees, shut its doors and filed a bankruptcy petition. Solyndra received US government "stimulis loans of approximately $500 million, but was unable to come up with a business model capable of competing with low cost solar panels from guess where: China.
Gibson, along with several other American icons like like Fender, Martin and Taylor, is one of the world's leading manufacturers of fine guitars and other quality stringed instruments. It employs over 2,000 Americans. It has not borrowed a dime from the US government. It has a simple plan: people around the world will buy guitars that are designed and manufactured with love and care by American luthiers. It's primary competition is where? You guessed it: China.
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