What a Prediction

In August 2009, e-mail exchanges between Energy Department staff members pointed out that a credit-rating agency predicted that the project would run out of cash in September 2011. Solyndra shut its doors on the final day of August.

~ Joe Stephens and Carol Leonnig

So a credit rating agency was able to uncannily predict the fall of Solyndra, but the White House preferred to fast-track the loan for what looks like political reasons and now the American Taxpayers are left holding the $535M bill. Remind me again why government should be in the business of loaning money to private businesses?