I dunno about this one. Seems suspicious to me having the U.S. Treasury's Federal Financing Bank (had I heard of that before now?) give out loan guarantees to companies it deems appropriate?

Personally, I'm unsure as to what makes Solyndra so special that they deserve such a loan. And here is this guy, ol' what's his name Energy Secretary Steven Chu says, "The DOE Loan Guarantee Program funding will enable Solyndra to achieve the economies of scale needed to deliver solar electricity at prices that are competitive with utility rates. This expansion is really about creating new jobs while meaningfully impacting global warming."

Sounds mysterious to me. Sounds like bad idea to build spec power plants with tax payer dollars. I mean, did they put up collateral? what if the whole thing goes south and they've got nothing to show for it?

I suppose the more likely outcome is that everything will go fine and some giant solar farm will be built and everyone will be happy with it. But I'm also concerned that what we'll end up with is a giant government-subsidized "green bubble" that will eventually pop, leaving us worse off then we were in the first place. Call me crazy, but I think there is probably some kind of free market version of this that doesn't involve these socialist schemes. I mean seriously, what did Solyndra do exactly, give money to the Obama campaign? I'm certain they weren't so transparent, but I feel there must be some story I'm also just not hear about this. Something smells of corruption about it. Who knows?