Shuttlyndra and bipartisan crony capitalism

posted by
October 3, 2011
by Rand Simberg  
Posted in Commentary

"No, it’s not Solyndra -- it’s much worse, at least in terms of the amount of money proposed to be wasted on it, and in other ways as well. Let’s call it 'Shuttlyndra,' aka NASA’s Constellation, then called the Space Launch System, aka the Senate Launch System. The Solyndra scam wasn’t a federal contract per se -- it was based on taxpayer-guaranteed loans, which meant that the taxpayers would never have to pay off if it had worked." (10/03/11)  


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