Solyndra’s Just the Start
After Solyndra’s collapse, a handful of journalists have continued to dig into the Administration’s efforts to fund the energy sector, and what they’ve found isn’t pretty. CBS News, for instance, reports there are many more Solyndras, uncovering a dozen energy companies that are having financial trouble after receiving a total of $6.5 billion from the federal government. This should not be a big surprise. The federal government has never been good at picking winners and losers. Further, as the Washington Post reported last month, politics “infused” the Administration’s energy efforts.