The more we learn about the Solyndra solar-company debacle, the more the Obama Administration leaps to defend the $535 million loan guarantee. "There were going to be some companies that did not work out; Solyndra was one of them," President Obama told reporters Thursday. Earlier in the week he told ABC News "if we want to compete with China, which is pouring hundreds of billions of dollars into this space . . . we've got to make sure that our guys here in the United States of America at least have a shot."

And there you have...