Recommended: Obama's Crony Capitalism

Over on Reason.com A. Barton Hinkle has written an article entitled Obama's Crony Capitalism that summaries the issues with the recently bankrupt Solyndra solar cell company that the administration poured so much money into and touted as such a big deal.  As he notes, aside from the Chicago-style politics involved (one of the biggest investors was also one of Obama's biggest money men in the last campaign), it is a case study in why the government ought not to try to pick winners and losers in the marketplace.  It is worth reading.