Friday, May 1, 2009

Win One, Lose One

The winner:

"Sepracor's quarterly profit jumps" by Globe Wires | May 1, 2009

Drug maker Sepracor said profit jumped nearly fivefold in the first quarter.... It also recorded a tax benefit and lowered spending.

Translation: They got a tax break or subsidy while they cut jobs.

Sepracor had profit of $35.2 million....

And the loser:

Evergreen Solar, which makes solar power wafers, reported a wider first-quarter loss than expected on lower prices and costs to double production capacity. Its net loss grew to $64.3 million....

--more--"

I keep telling you the enviro-frauds never make any money!

That's what tax dollars are for; however, one gets the feeling green energy would move much quicker at the local level.

How come no money went to outfitting every home in America with solar panels, huh? Certainly would cost less than the bank bailouts and wars, and it would accomplish the fart-misters goals.... unless that's not what it is about at all, huh?