I just came across another failure in Obama’s green jobs. An entrepreneur wants to start a business venture but the banksters want their money! Maybe Obama should look into matter. No wonder I’ve not seen more electrical vehicles on the roads. It’s because there’s NO money during this sever economic recession. Here is a related news article:
Electric vehicle incubator in San Jose may be non-starter
- Union Bank on June 30 denied renewal of Garzee’s $75,000 line of credit and demanded repayment of $73,322.
- […] the bank has the right to decline the renewal of the credit line, but what’s puzzling to them is the lack of effort to try to work it out.
- Garzee said that [repayment] amount [of $2,245] is more than he can afford currently because he’s put all of his money into the business and the development of the incubator.
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