Obama Central Planning...
After all, China’s $19-grand subsidized slap at market capitalism is, incredibly, envied by a U.S. president who hands his own $7,500 electric-car subsidy to America’s upper class and wastes national resources to buy expensive electrics for his government minions. This is the stuff of despots, not democrats.
The offense here is government picking industries over consumers. Consider the Obama Energy Department’s extraordinary, ChiComm-like announcement this week that it is pushing ahead with its green five-year plan despite the Solyndra scandal:
“There’s one energy challenge that outweighs all the others in terms of economic, military and ecological importance. We’ve got to kick our reliance on oil. And to do this we’ve got to build a lot of electric cars,” writes the administration.
© 1998 -