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Mitt Romney today made a surprise campaign appearance at Solyndra, the solar-panel company that filed for bankruptcy after receiving half a billion dollars in federal loan guarantees. Originally part of Romney’s comeback to the Bain charges, it has emerged as a central part of his critique of Barack Obama’s economic policy.
“It’s a symbol not of success but of failure,” Romney said at the event. “I’m afraid the reason that the stimulus has been unsuccessful, that the turnaround has taken so long to occur, that the recovery has been tepid, is that the president fails to understand the basic nature of free enterprise in America.”
Romney even hit Obama on crony capitalism:
I also note how damaging a decision like this is for free enterprise generally. What you’re saying to other inventors, to other entrepreneurs, particularly in the solar space, is that the best way to get ahead is not with the best ideas and the best technology and the best people and the best marketing, but instead with the best lobbyists. That is not the nature of how America works.
I wrote about how Solyndra was representative of the Obama administration’s broader approach to economics in the print edition. Recent national and swing state polls have shown Romney pulling even with Obama.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?