2/06/2012

Romney's Solyndra?

This is great. From Politico.

Republicans are pounding Barack Obama on Solyndra, but it may be a complicated argument for their front-runner to maintain: While Mitt Romney was governor, Massachusetts also picked some winners and losers with energy subsidies.
And like Obama, some of the companies Romney's state invested in came out on the losing end.
The scale is dramatically different: While the Obama administration dumped $535 million alone into Solyndra — the California solar panel company that subsequently filed for bankruptcy protection — the energy loans, grants and other financial help Romney distributed during four years as governor add up to just a fraction of that amount.
But Democrats — and even some Republicans — say the core issue is the same: If the federal government shouldn't be betting on one company rather than the other, then neither should the state of Massachusetts. . . .

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