"Equality of opportunity is freedom, but equality of outcome is repression." ~ Dick Feagler
A Teachable Moment Courtesy of Solyndra
"Solyndra's declaration last month that it intended to shut down manufacturing operations and declare bankruptcy has set off a political firestorm in Washington. And no wonder. The California-based solar panel manufacturer was the poster child of the Obama administration's much-ballyhooed green jobs campaign and was the recipient of a staggering half billion dollars worth of taxpayer guaranteed loans."
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The bottom line?
"The fact that federal loan guarantees were even necessary for Solyndra tells us that few, if any, lenders thought that giving the firm money was a very good idea." ~ Jerry Taylor and/or Peter Van Doren
And, I'm not at all certain that the fact that "major Democratic donor, George Kaiser, had a major stake in the firm" had nothing whatsoever to do with Barack Hussein Obama's decision to offer up over FIVE HUNDRED MILLION TAXPAYER DOLLARS in federal loan guarantees to SOLYNDRA.