MSNBC ranter extraordinaire Dylan Ratigan is no fan of "crony capitalism" -- when businessmen get government to help them socialize the risk of their ventures through government subsidies or bailouts, leaving taxpayers on the hook for failure while reaping the benefits of government largesse.
The Obama administration's handling of solar energy firm Solyndra is a perfect example of same.
Yet this week, Ratigan's been strangely silent on the Solyndra congressional investigation this week, even as it's been covered in major newspaper outlets like the New York Times and Washington Post.
Ratigan likes to present himself as one who marches to the beat of his own drum, but on this matter, he seems to be following the silence of the rest of the MSNBC choir.
As the scandal involving failed solar panel company Solyndra and President Obama grows, the prime time programs at the so-called "news network" known as MSNBC continue to ignore it.
Despite the announcement of the Solyndra bankruptcy on August 31, "Hardball," "PoliticsNation," "The Last Word," "The Rachel Maddow Show," and "The Ed Show" have not done one single report on the subject.
On Tuesday and Wednesday's World News, reporter Brian Ross exposed e-mails indicating that the Obama administration gave a $535 million loan to the green company Solyndra, despite deep misgivings inside the government about its viability. Yet, Good Morning America has declined to follow-up on the ABC scoop.
GMA completely ignored the story, failing to even mention it in a news brief. The morning show did, however, find time to devote over five minutes to the divorce of reality TV star Michaele Salahi. While his own network minimized the new developments, Ross was able to explain the details on Wednesday's O'Reilly Factor.
Two weeks ago (at NewsBusters; at BizzyBlog), yours truly pointed out how establishment press coverage of the bankruptcy of Massachusetts-based Evergreen Solar had emphasized its Bay State assistance, and only rarely brought up how it benefitted by being able to sell solar panels it otherwise would probably not have bothered to produce to projects benefitting from American Recovery and Reinvestment Act ("stimulus") dollars.
On August 17, Larry Dignan of ZDNet, in an item published at CBSnews.com, tried to convince readers that Evergreen's failure was not indicative of an industry meltdown (bolds are mine):