China wins again by doing it right

Solyndra: House committee grills officials over failed solar firm – latimes.com http://latimesblogs.latimes.com/money_co/2011/09/solyndra-house-committee-grills-officials-over-failed-loans.html

“The rest of the world takes the industry enormously seriously,” Silver said. “It’s a multitrillion-dollar market that will create tens of thousands of jobs. “We invented this technology and we should produce it here. … This is a battle we must fight and win.” Solyndra officials cited foreign competition, particularly from China, as a significant cause of the company’s failure. Chinese companies, which receive billions of dollars in government funding, are producing similar products at a fraction of the cost that Solyndra could, the company said.

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