If anyone wonders what is wrong with America today, check out Solyndra. Its principal players were well-connected politically — they knew the White House like the back of their grubby little paws — but they did not know jack about business. In the 19th century, Solyndra would have failed an no one would have noticed. In the 21st century, taxpayers rewarded Solyndra with a half-billion dollars. Most people know the tawdry deals of a billionaire raising money for Barack Obama who upon election feverishly worked to get the billionaire’s company a guaranteed loan. But what is really eye-opening is how...