Hey, why let a potential loss of $6.5 billion spread out over 12 companies get in the way of Obama’s feed-good “green energy” loan program?

(Washington Examiner) — President Obama’s Department of Agriculture (USDA) called for applicants to receive the $25.4 million in funding flagged for rural green energy loan guarantees and grants, even as Obama’s campaign released an ad defending the Solyndra loan. […]

USDA touted this green energy funding as an example of Obama working to “reduce our dependence on foreign oil, combat global warming, and build stronger rural economy.” Obama blocked American use of some foreign oil — piped from Canada — this week when his State Department recommended that the Keystone XL pipeline not receive a construction permit, pending further environmental impact studies.

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