Professor Mark J. Perry's Blog for Economics and Finance
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Actually "crony fascism" would be more accurate.
The nerve of the Obama White House!Applying the USDA model to the solar industry!
Benji,Maybe I missed it, but where is the cronyism in the USDA? Is Obama also granting subsidies to wealthy farmers who donated to his campaign?
I am sure Obama, or whoever pull levers, uses the USDA to reward friends, as did Bush jr. and the GOP'ers who control most of the no-longer-needed federal agency. BTW, why all the waa-waa about Solyndra--a one-time fraud of $500m--and no Niagara of tears for the $8 billion annually, and federally mandated use, for ethanol? Ethanol=okay, look the other way.Solyndra=make noise in the echo chamber.
Benji,"I am sure Obama, or whoever pull levers, uses the USDA to reward friends, as did Bush jr. and the GOP'ers who control most of the no-longer-needed federal agency."Oh, so "you're sure." Show some evidence for your claims about Bush Ag cronyism. Also, explain how this wrong would make the Solyndra episode right."Ethanol=okay, look the other way.Solyndra=make noise in the echo chamber."And who is doing that?? Your boyfriend is a big ethanol booster and in charge of the Solyndra scandal.
is it just me, or are those comments coming from the solar panels?
Paul-The corn ethanol program was wildly expanded under Bush jr. It was the centerpiece of his energy independence efforts, and he cemented in the permanent role that ethanol will now play in getting subsidies (no USDA program ever dies). Obama and his team of solar crooks are amateurs. They will not be getting permanent subsidies. What chumps. If you have to break a law to get a subsidy--don't break the law, change the law. Bush jr, knew that much.Obama is stupid.
"The corn ethanol program was wildly expanded under Bush jr."Yep, and it was wrong but also championed by your boyfriend. Obama even rolled around in ADM corporate jets during the '08 campaign. But the subject of this post is not ethanol, douchebag, it is the Solyndra scandal. You obviously feel still compelled to rush to your boyfriend's aid by throwing out irrelevancies when he is under the gun. How touching. Solyndra officials just announced they will be taking the 5th at the House hearings next week. You have anything comparable regarding ethanol? Again, apples and oranges. "If you have to break a law to get a subsidy--don't break the law, change the law. Bush jr, knew that much."Whatevs. It's looking more and more like your boyfriend may have broken the law while he was having fun picking winners and losers with the taxpayers' money. And once again, who is saying "Ethanol=okay, look the other way?" Who?
Obviously, the Solyndra folks are amateurs--look at the ethanol fraudsters: they got ethanol use mandated.Solyndra needs to get solar use mandated.Why do "conservatives" poop in their pants about solar power, but eat the brown stuff with a smile when it comes to ethanol?Politics, that's why.Paul--You have a brown mustache.
Benji,"Why do "conservatives" poop in their pants about solar power, but eat the brown stuff with a smile when it comes to ethanol?"You're an idiot. For the millionth time, most conservatives I know do not support ethanol. Your boyfriend however, champions ethanol and is the architect of the ever-widening Solyndra scandal. You might have to get approval for conjugal visits, Benji boy.
"You might have to get approval for conjugal visits, Benji boy."How will that work? I think the approver is the one he wishes to visit.
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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