VPG Backed by DOE Loans Closes Doors

Van maker VPG, backed by DOE loans, shuts down

http://www.usatoday.com/story/money/cars/2013/05/08/vpg-auto-fisker-solyndra-tesla-doe-loan/2143201/

I’ve said it before and I’ll say it again, it’s time for government to focus on small business.

Why keep pouring huge amounts of money into loans for these “green” companies that turn around and go bankrupt?

We need to invest in the creation of jobs in the private sector.

This country cannot afford to lose billions of dollars on terribly run DOE programs like this that put our hard-earned tax money at risk by giving corporations multi-million dollar loans based only on merit.

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