Sunday, January 15, 2012

Economist Morici says even somebody as smart as the Secretary Chu, an award winning scientist shouldn’t be playing venture capitalist with tax dollars.



Eleven More Solyndras Ate $6.5 Billion of Taxpayer Dollars - Yid With Lid
The 11 Other Solyndras - Michelle Malkin

Yesterday there was another White House document dump regarding Solyndra’s bankruptcy filing just after the 2010 elections. While Solyndra is the crown jewel in the Department of Energy’s “you can’t make a green omelette without breaking a few hundred million taxpayer eggs” trial-and-error initiative, there are many other examples.

CBS News’ Sharyl Attkisson — who was one of the first reporters on the Solyndra trail — featured 11 other DoE loan recipients that either have or probably will take a Solyndra-style plunge and suck down $6.5 billion of taxpayer loans with them.