Still More on Solyndra

A longtime solar power analyst, Ed Lynch, had this to say about Solyndra, the government-funded "green jobs" boondoggle:

"Here's the bottom line," Lynch said. "It costs them $6 to make a unit. They're selling it for $3. In order to be competitive today, they have to sell it for between $1.5 and $2. That is not a viable business plan."

Like I said the other day, "this was never a real 'business' to begin with.   It was just, on one side of the transaction, a front for fraud; on the other side of the transaction, a Potemkin village/Hollywood sound stage for the permanent campaign of Barack Hussein Obama."  

But, then again, what do you expect with a President who's never had a real job?

Hat tip: Ace.