Solyndra was once a poster child of President Obama's economic plan. What it turns out to be is a good lesson in why the government cannot just create jobs; no matter what charismatic politicians and their apologist talking heads say. The problem is that the government is made up of two groups, politician that set policy and bureaucrats that initiate policy.

A politician by nature is going to make decisions based on politics. In other words the most important thing is to protect their own position followed by protecting their party. A bureaucrat is also ruled by politics, that is the fountain from which their policies flow from. The bureaucrat then takes the policies and creates procedures on how to implement them. Usually the end results is far from what the public was sold.

In the case of Solyndra, the company applied for a loan during the Bush administration. A loan that was under review and apparently being looked at skeptically. When the Obama administration came in, they looked at the alternative energy company, and felt it was a match for their push to promote green energy. This is where the politics come in to play. Even though there were warning signs about the company, the government wanted to parade them around as an emerging green company.

The loan was granted and half a billion dollars of tax payer money gets flushed down the toilet.

-- Thomas Paine 2

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