Showing posts with label Solyndra. Show all posts
Showing posts with label Solyndra. Show all posts

Wednesday, March 14, 2018

Hooah Jim Geraghty!


Government doesn’t louse up everything, but it sure louses up a lot of what it promises to deliver:

from the Big Dig to Healthcare.gov;

from letting veterans die waiting for health care to failing to prioritize the levees around New Orleans and funding other projects instead;

from 9/11 to the failure to see the housing bubble that precipitated the Great Recession;

from misconduct in the Secret Service to the IRS targeting conservative groups;

from lavish conferences at the General Services Administration to the Solyndra grants;

from the runaway costs of California’s high-speed-rail project to Operation Fast and Furious;

from the OPM breach to giving Hezbollah a pass on trafficking cocaine.

The federal government has an abysmal record of abusing the public’s trust, finances, and its own authority. Now some people want it to take on a bigger role? If you want to enact a massive overhaul of America’s economy and government to redistribute wealth, you first have to demonstrate that you can accomplish something smaller, like ensuring every veteran gets adequate care. Until then, if you want to live like a Norwegian, buy a plane ticket.


Monday, November 21, 2011

'The US Must Force Open Foreign Markets Or Protect Its Own'

So says Peter Morici of The University of Maryland here:

[G]lobal competition, communications technologies and essentially unchecked immigration have hammered down wages and winnowed opportunities in once decent paying occupations—for example, ordinary line work in manufacturing, middle management and sales, and writing for a daily newspaper.

Sending more Americans to college is not the answer—degrees in the liberal arts are simply not as valuable today as 25 years ago, and many students are not suited to engineering and other technical disciplines. The workforce is well overstocked with business school graduates. The problem is not too few educated Americans but too few good jobs for most of them to do. ...

Heavier taxes on the wealthy to redistribute income won’t help. ...


[T]he United States can’t always dictate the terms of competition and continue to stand idle without more effective responses than bailouts for General Motors, subsidies for Solyndra and Social Security tax holidays, all paid by borrowing from China.

The United States must force open foreign markets or protect its own, or it will perish.

Spoken like a realist about human nature. 

We need more of that.

Saturday, September 17, 2011

Solyndra: A One Half Billion Dollar Microcosm of Obama's Crony Capitalism

Which rewards the takers, not the makers.

Read about it here, from James Pethokoukis:

"politicians enriching favored businesses, who then return the favor."