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Friday, October 7, 2011

"Crony Capitalism" at its Finest

http://www.foxnews.com/politics/2011/10/07/energy-department-wanted-to-give-more-money-to-solyndra-emails-show/

     You have to wonder sometimes how Democrats get away with the whole "Anti-Big Corporations" facade.  Because that's all it is. 
     This is what happens when you give out Government money to Companies!  You get a bunch of Loser businesses who couldn't make it on their own, i.e. why they had to get the Government money.  Capitalism is about Profit and Loss caused by a Businessman's ability to create and sell the best product with the lowest price.  Bailing out Companies DOESN'T work.  It STOPS incentives. 
      If, for some reason, I can suddenly jump off a cliff and NOT die, there's no reason for me to avoid the cliff.  There is then no reason for me to be precautious, to stay far away from the cliff, to have life insurance!

     Unfortunately, logic and economics are two things devoid with our President and his Staff.

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