Corporate Cronyism: Solyndra and Evergreen Solar
If pleading the "Fifth" smells, the Solyndra drama will prove the stereotype applies in this instance. A good old-fashioned scandal in an election year pumps up the media juices. The timeline on Solyndra tells only part of the history. The linkage of corporate cronyism dodges the real world result of "Green Energy" frauds. These shams can be traced back to the Enron schemes, especially their industrial wind model that defrauds the public.
The miserable record from the shovel ready stimulus spending should alarm every American. The distorted idea of using public funding as seed money for private startup companies goes against every aspect of free enterprise. Heretofore, such government nepotism for campaign and climate change supporters was reminiscent of a fascist economy. Now it is sold as a post-industrial initiative to save the planet.
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