I've written before extensively in this blog about the Green Fad and silly, government-backed solutions to so-called global warming. Here's more proof that the bullshit IS NOT economically viable. Don't get me wrong…I'm all for alternative energy, simply as a means to reduce foreign energy dependence. My reasons have NOTHING to do with stopping climate change (that doesn't exist).
So, Obama tries to subsidize and back this hooey crap and it fails miserably. The global warming light bulbs and cars are failing too. It's all going to fail, because these 'solutions' are nothing more than boondoggles for a problem that is believed less and less by the public, no matter how much Al Gore whines.
Newly uncovered emails show the White House closely monitored the Energy Department's deliberations over a $535 million government loan to Solyndra, the politically-connected solar energy firm that recently went bankrupt and is now the subject of a criminal investigation.