Presswise, Team Romney flubbed the Fremont event. The campaign refused to tell journalists where the stump stop would be beforehand. Why the secrecy? Romney tried to explain: "There are a number of people among the president's team who don't want that story to get out." Wrong. With California Highway Patrol securing the area, clearly the powers that be weren't interested in shutting down the Romney campaign stop.
But the press aides' gaffe couldn't upstage the optics of Romney in front of the shuttered plant. Two years ago, I watched as Obamaland crowed about the president's economic prowess. His supporters argued that they had the key to economic recovery -- the transformative power of green jobs. Now Obama rarely mentions green jobs.
Obama should not have come to Solyndra. The administration was warned. Two months before the event, PricewaterhouseCoopers released an audit that questioned Solyndra's "ability to continue as a going concern." Obama bundler Steve Westly sent an email to White House senior adviser Valerie Jarrett that warned that Solyndra was burning through money and might not survive long term.
Solyndra hadn't turned a profit since it was founded in 2005. Shortly after winning its first loan guarantee, Solyndra had applied for another loan guarantee -- which the Department of Energy rightly did not approve. Nonetheless, Obama chose Solyndra to showcase his ability to create jobs.
Now the jobs are gone; the building is empty; and the assets are up for sale.
That's the problem with "crony capitalism," Romney concluded. "It's heads and his cronies win and tails and the taxpayers lose."