Ecofanaticism: SolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon.
The massive Obama stimulus was supposed to generate millions of jobs, but the $535 million loan guarantee it gave to solar panel maker Solyndra on the eve of its Chapter 11 bankruptcy illustrated the fundamental incompetence of Obama’s neo-Keynesian economic ideology.
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Obama Makes Navy Overpay For Green Jet Fuel – Investors.com.