Recommended reading

• So the Obama administration provided $535 million in federal loans to a green energy company (because everyone knows it's the future, or at least that's what Tom Friedman tells me), and lo and behold the company has filed for chapter 11. Perhaps the government should get out of the venture capital business? Nah, that's just crazy Tea Party talk. On a related note, read this.

• Warren Meyer offers up a proposal I can certainly get behind. This is also why I think it's a good thing (or not entirely bad thing) when lemonade stands get busted.

• Yet another reason not to take Rick Perry's commitment to either federalism or limited government very seriously. 

• President Obama has your quote of the day, trying to explain why medical marijuana can't just be legalized. Of course, gibberish is a frequent occurrence when attempting to defend the indefensible.

• Infrastructure: Chris Edwards introduces us to the Yuma desalting plant. No doubt more projects such as this hold the key to our economic salvation.