He forgot the point about Obama ensuring the loan went to a solid donor to his campaign. He forgot that Obama made sure that the US govt was last on the list of people to be paid out in a bankruptcy, despite being the source of all the funding. This ensured OTHER campaign donors in that industry could walk away clean.
This is sooooo much more than a loan to a company that just didnt work out.
And as for “helping tech companies cross death valley” to get started and help free us from petro-thugs. Let me hip you. IF we drilled here without limits, that would free us from them faster than anything else imaginable. Furthermore, what solyindra sold did not make any economic sense except in a world of government induced artifically high energy prices.
Obastard is killing coal everywhere he can find it. He fights fracking for shale gas. He does everything he can to make prices “neccessarily skyrocket”. In a world with no government whatsoever, if oil and gas and coal became scarce, the prices of those would rise naturally. At some point on the curve, Solyndra would suddenly find that their technology was profitable, and their business would take off.
Solyndra was a scam. Artificially created need, and fed by free government cash, and all for the benefit of democrat supporters and vote buying. Case closed.
Safer to invest with a long lost Nigerian uncle who just needs your bank account number to make deposits.