Noting that the federal government injected our tax money into the now bankrupt California solar panel maker just a few weeks after the its auditors had reported that the concern's viability was doubtful, a reader has asked how our "public servants" could have dropped more than a half billion taxpayer dollars into the "green" venture that last week took our money into the toilet with it?
The answer is a twofold one:
* First, a significant interest in the defunct venture was held by a prominent supporter of, and major campaign fund gatherer and contributor to Obama.
* Second, nobody in an important decision-making position in the Obama administration ever has run anything in the real world, not even a lemonade stand, and the administration includes dramatically fewer individuals with any private business experience. It is, however, chock full of theoreticians and faculty lounge veterans sublimely confident that their brain power and superior wisdom qualifies them for anything and everything they deign to undertake.
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