December 6, 2011

SandBox Comments: National Review "The Solyndra ‘Business Model’ "

"How does a fledgling solar-panel company with dim prospects for survival in the free market become profitable? Well, in the case of Solyndra, a good first step was to have the federal government put up a considerable investment — a $535 million loan guarantee. But as the company’s backers would soon discover, coming up with a viable step two is a little more complicated. In many cases, the only feasible way forward is to go to whatever lengths necessary to repeat step one...."
(Andrew Stiles)

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"Truth goes through three stages. First it is ridiculed. Then it is violently opposed. Finally, it is accepted as self-evident."

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