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The LAST thing a business owner wants is.....

Whitewing

Well-known member
....praise from The Community Organizer in Chief. :shock:

Lincolnton Furniture Company, praised for bringing jobs back to US, closes

Lincolnton Furniture Company closed abruptly Thursday just one year after it was hailed by President Barack Obama as an example of the recovering U.S. economy.

Furniture-making operations stopped indefinitely and only a few people will remain employed moving forward, company financial officer Ben Causey said.

“I don’t know where it’s going to go exactly; we’re still evaluating our situation,” Causey said. “We just didn’t have any choice at this point.”

The company was not receiving the orders it needed to sustain its operations, Causey said.

“We needed more orders is really what it boiled down to,” he said. “We thought they would materialize.”

Owner Bruce Cochrane, a fifth generation furniture-manufacturer, formed the company in 2011 with a $5 million investment and the hope he could make a profit off people who wanted to buy furniture made in America.

http://www.miamiherald.com/2013/01/04/3167317/lincolnton-furniture-company-praised.html

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Geez, how many is this anyway? He sure can pick 'em.
 

Whitewing

Well-known member
It's looking like "hope" and "forward" don't pay the bills.

Perhaps a donation from the gubmint of a few million in taxpayer-collected "revenues" is all that's needed. :roll:
 

hypocritexposer

Well-known member
Whitewing said:
It's looking like "hope" and "forward" don't pay the bills.

Perhaps a donation from the gubmint of a few million in taxpayer-collected "revenues" is all that's needed. :roll:


so, they make solar powered furniture :lol:
 

Whitewing

Well-known member
That's a neat idea. And when there's no sun, just plug in the batteries.

Electric Car Battery Maker Goes Bankrupt Despite $500M in Subsidies

Another day, another subsidized “green energy” firm going bankrupt. This time it’s A123 Systems Inc., a Massachusetts-based manufacturer of batteries for electric cars that received about $500 million in state and federal assistance, including a $249-million grant from the U.S. Department of Energy (DOE).

A123, which has tumbled in value from $2.3 billion to just $11 million, filed for bankruptcy in Delaware on October 16 after missing an interest payment on $143.8 million of debt. The company said it plans to sell its assets to Johnson Controls Inc. of Milwaukee, Wisconsin.

Obama also called Granholm and A123 employees “to congratulate A123 Systems on this tremendous milestone” (obtaining the DOE grant).


http://www.thenewamerican.com/economy/sectors/item/13243-electric-car-battery-maker-goes-bankrupt-despite-$500m-in-subsidies

:roll:
 

Steve

Well-known member
The mistake these businesses are making is in who has principles..

in the chik-fil-a or any other business that has stood up for conservative principles.. the conservatives showed their support and loyalty...

Liberals don't do that.. they want to force others to support their causes...

Liberals act all passionate and then go back to sippin french wine and whining... cause deep down they have no principles..
 

Whitewing

Well-known member
Steve said:
The mistake these businesses are making is in who has principles..

in the chik-fil-a or any other business that has stood up for conservative principles.. the conservatives showed their support and loyalty...

Liberals don't do that.. they want to force others to support their causes...

Liberals act all passionate and then go back to sippin french wine and whining... cause deep down they have no principles..

Of course liberals don't have prinicples. It's how they can appear to be outraged by the acts of one guy in the White House and then give the next guy a complete pass for doing the same or even doubling down, just because the letter behind his name is changed.

One need look no further than this very website to find countless examples. I've posted many but he just keeps coming back for more....oh, almost forgot, liberals have no shame either.
 
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