Betsy summarizes the Solyndra situation and the deserved black eye the administration is receiving.
I like this quote from Jennifer Rubin…
The story is a dangerous one for the Obama administration for multiple reasons. First, it is in fact the quintessential crony capitalism story that personifies the unseemly conflict of interests that arise between pols and donors. Second, it highlights the absence of business acumen in the administration. This is its idea of how government “creates” jobs? Third, the initial White House response, that it was totally hands-off, was a lie. That’s never a comfortable place for the White House. And finally, it provides fodder to the Tea Party Republicans who have been railing about this sort of behavior for some time and now have further grounds for criticizing the permanent political class.
