First, an extension continues this unsettling policy trend in which citizens are asked to bear all the risks and gain none of the rewards. This socialization of risks and privatization of profits guarantees disasters, for corporate boards and even their federal overseers can become careless and, in some instances, reckless. This fact was clearly demonstrated by the Solyndra debacle — when a company with close ties to the Obama administration lost more than a half billion dollars of taxpayers’ money. At the heart of that fiasco was both the company and the administration’s indifference to the taxpayers
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3 comments:
we never seem to learn by experience and history. just take a look at european countries that have tried "alternative" energies (wind and solar) that have be subsidized for years and have failed. they rue the day when they decided to "experiment" using government (citizens) money. It Doesn't Work. get it?????
now the idiotic left and some of the loonie right are wanting to do the same here. Close the EPA forever. these tree hugging fools are the downfall of this nation; of course along with the rest of the left's policies.
lol "tree hugging fools"
you probably wouldn't say the same after talking to a few of the families poisoned by the by products of unregulated industrial waste who without the EPA and others getting involved, would have gotten shafted
Fair enough. Let's end subsidies to all the energy companies. Oil, Natural Gas, Nuclear all get subsidies as well.
Just got back from a trip to Europe where there was plenty of solar and wind turbines supplying energy and plenty of it judging by the size of the transfer stations they were hooked into.
There's room for alternative fuels. In fact, now is the time to work out the kinks in design and power transfer. Like it or not the oil isn't going to last forever. The US (and the world) needs to explore all possibilities to become more energy independent.
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