Ever wonder what's really wrong with government spending? Yeah - we spend too much. That's number one. But number two is illustrated by what the Department of Energy has done with "green loans" authorized by the stim bill. The Hill: The Energy Department finalized Friday more than $4.7 billion in loan guarantees for four solar projects, bringing an embattled stimulus-law program aimed at financing renewable energy projects to a close. The approvals come amid objections from House Republicans, who have alleged that the department was rushing to finalize the loan guarantees before the program expired Friday. Solyndra - a California-based solar panel manufacturer that received a $535 million loan guarantee under the program in 2009 - filed for bankruptcy earlier this month, igniting a firestorm in Washington. House Republicans have alleged that the Obama administration missed a series of red flags that hinted at the company's financial troubles. They've raised concerns about the Energy Department's decision to restructure the loan in February amid signs that Solyndra was struggling. But the....
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