From the Washington Post comes more garbage about the ill-advised federal subsidy to now-bankrupt Solyndra. Surprise, surprise — politics played a key role in using your money and mine to prop up an industry that can’t sustain itself.
A White House official fretted privately that the Obama administration could suffer serious political damage if it gave additional taxpayer support to the beleaguered solar-panel company Solyndra, according to newly released e-mails.
The firm had burned through millions of dollars and in January still tottered near collapse. The official wanted the government’s top budget official to warn Obama’s energy secretary about the risk, according to the e-mails.
For more on the bad policy and hype that is “green” energy, read my husband’s recent News & Observer column.
