Explaining Southern California's economy

All Solyndra, all the time: A DeBord Report roundup

I've been going big on Solyndragate here at DeBord Report. It's a good story. It has everything: ideas about the future, money, politics, success, failure, Silicon Valley, Washington — and it's sucked in the Obama administration. It's also generated a lot of discussion and debate in the blog-o-sphere about both the specifics of the solar startup's abrupt bankruptcy and the role of government in financing green energy projects. Here's a rundown of what I've written so far:

Solyndra: Not about jobs, not about paybacks, but about…power

Think the Department of Energy is bunch of meek bureaucrats? Think again. It's a den of super-venture-capitalists who have been building up the thin-solar industry in America.

• Solyndragate: Picking winners will always be risky business

When you invest in new industries, you sometimes have to swing for the fences in order to capture major returns.

Read More...