Another Obama Business Dies

If Obama lauds it, it will die – from NBC Bay Area:

Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus…

…Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said  “it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. ”

The federal government offered $535 million in low cost loan guarantees from the Department of Energy. NBC Bay Area has contacted the White House asking for a statement…

Government can’t deliver jobs – it can’t even pick which company will be solvent a year later.  The only proper role of government in the economy is as a facilitator of a honest and free market…after that, it is up to the people to decide what works and what doesn’t.  Maybe Solyndra’s technology will eventually catch on or maybe it will remain a white elephant…but there is no way for government to know, and any attempt by government to make it work only ensures it will fail…because if you subsidize something, you’re just going to ensure that it never developes enough strength to make it on its own.

Please learn the lesson, liberals…you can’t control the market.  Sure, you can make certain that everyone is being honest; sure you can make the paths of the inventor, manufacturer, investor and consumer smooth…but you can’t choose the path and you can’t force people on to it.  Leave it alone – it will all be ok; it happens all of its own accord, if you just leave it alone.