Pissing away $6.5 Billion isn't a bad thing if you're a Democrat

Remember Solyndra--the super-smaht solar-panel maker favored by Democrats and Obama, and thus showered with half a Billion in government loan guarantees (paid with your tax dollars if the company defaults)?

You may recall that about five days after getting the last guarantee, the company did indeed declare bankruptcy, wiping out the government's entire stake.

You may not have known that the clever Nobel-winning head of the Energy Department approved the second loan guarantee that was deliberately arranged to allow private lenders priority of position over the taxpayers for recovery from any company assets sold during the bankruptcy. This was highly unusual, yet no one in the Lying Mainstream Media said a word against it.

With that as background: If the government pissing away half a Billion of your tax dollars didn't bother you, you should know that one reporter has found 11 other companies *like* Solyndra that are either bankrupt or on the brink.

Total of loan guarantees by the gummint: $6.5 BILLION.

But hey, all that money "created or saved", uh, 157 jobs.

Cool, huh? Government efficiency at its best.