First, the Obama Administration poured billions of taxpayer dollars into favored green energy companies -- many with ties to big donors. Government picked winners and losers. Predictably, this government cronyism failed and companies like Solyndra went bankrupt.

In late 2010, the Obama Administration asked Solyndra to hold off announcing massive worker layoffs until after the November elections. Those 1,100 workers had no idea that they would be fired. Today 90% of those workers remain unemployed.