Tuesday, September 27, 2011

Comments on: Stanley Kurtz, NRO - The Corner
"Ill-Fated Solyndra Conference Call"

Ill-Fated Solyndra Conference Call - By Stanley Kurtz - The Corner - National Review Online

We'll Make It Up On Volume

It is an old fallacy of the economically illiterate and the Democrats are rich in that tainted fertilizer. They really believed that a bad idea becomes better if it becomes bigger. Solyndra might have found a niche if it stayed in it's smaller factory and only attempted to expand after proving itself in the market. But no the Donks had to throw money at it so they could build a big factory, believing that would attract private capital the same way the Field of Dreams attracted dead baseball players. They honestly thought that "We'll Make It Up On Volume" could work. They never asked how many solar arrays people wanted to buy or if anyone else was supplying the market cheaper. People need to go to jail.

Now we hear that what was really going on was an unprecedented and illegal scheme to shunt taxpayer money to favored Democratic Party operatives, including the California Democratic Party, by making their investments in Solyndra take precedence over the government loan in the predictable event of bankruptcy. For these people there are no rules. Remember impeached judge and Democratic Congressman Alcee Hastings "We make them up as we go along"? There is a bright line running from the theft of GM, through Nancy Pelosi's ramming through of Obamacare, to this latest deconstruction of the law that sustains a capitalist economy.

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