SUBSIDIZED FAILURE: OBAMA BANKRUPTCIES AND GREEN CRONYISM

Photo Credit:AP
by: Times247
Thursday, July 19, 2012

When you subsidize something, you get more of it — and the Obama administration has been funding failure. The lights may have gone out on his uneconomic solar firms, but the money trail is still visible. Billions of taxpayer dollars were wasted while President Barack Obama’s well-connected friends benefited. If there is one takeaway from his disastrous energy policy, it’s that all Americans lose when the government picks winners and losers.

 

Read more:http://times247.com/pset/22subsidized-failure-obama-s-solar-bankruptcies-and-green-cronyism1/page/0#ixzz218XgbmY9

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