Solar firm needs a subsidy to sell stuff to itself. Thanks, Obama! Take THAT, fossil fuels!

Studying government is the art of saying “That’s the stupidest thing I’ve ever heard!” twelve times a day and sincerely meaning each one. — Jon Sanders

For example, from today’s news:

A heavily subsidized solar company received a U.S. taxpayer loan guarantee to sell solar panels to itself.

First Solar is the company. The subsidy came from the Export-Import Bank, which President Obama and Harry Reid are currently fighting to extend and expand. The underlying issue is how Obama’s insistence on green-energy subsidies and export subsidies manifests itself as rank corporate welfare.

Go ahead, read on. Meanwhile, a goodly proportion of new, good-paying jobs created in this country despite this administration (who nevertheless take credit for it, knowing media dare not tell the full story) are in oil and gas.

Jon Sanders / Director of Regulatory Studies

Jon Sanders studies regulatory policy, a veritable kudzu of invasive government and unintended consequences. As director of regulatory studies at the John Locke Foundation, Jo...

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