tag:blogger.com,1999:blog-6616959642391988608.post6526050960948208427..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: 36 more reasons why industrial policy is a bad ideaScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-64753380127425230582012-10-19T15:43:56.341-07:002012-10-19T15:43:56.341-07:00Our political system has been completely corrupted...Our political system has been completely corrupted by big spending members of both parties. Only their spending priorities differ. There are only two alternative courses that I can imagine. Either we elevate strong fiscal conservatives to the leadership in the House, Senate and White House all at once and drastically reduce spending to 20% of GDP almost immediately, then to 16% or less over 10 djakelhttps://www.blogger.com/profile/06247798800719389756noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67108357185751017832012-10-19T09:00:39.380-07:002012-10-19T09:00:39.380-07:00How many billions went to private companies in sup...How many billions went to private companies in support of the Iraq and Afghanistan wars? How many sub-industries has this crony capitalism created over the past 30 years? Which side is generally the biggest proponent of this largesse?<br /><br />Whining about puny green subsidies is like trying to catch a minnow in the ocean. I understand it makes for great election theater. But get real. The Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50683232208931093082012-10-19T07:42:30.145-07:002012-10-19T07:42:30.145-07:00A related story. Not all the money was lost. Al ...A related story. Not all the money was lost. Al Gore get's rich from green tech. Mostly from getting paid exceedingly well to bet OTHER peoples money, both hedge fund investors and taxpayers, on green tech. <br /><br />http://www.washingtonpost.com/politics/decision2012/al-gore-has-thrived-as-green-tech-investor/2012/10/10/1dfaa5b0-0b11-11e2-bd1a-b868e65d57eb_story.html<br /><br />"randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27620185531080856842012-10-18T21:38:38.033-07:002012-10-18T21:38:38.033-07:00Just remember, that the biggest, most socialized a...Just remember, that the biggest, most socialized and permanent green energy is ethanol.<br /><br />10 percent of your gas tank is ethanol, buy federal mandate, and corn farmers are still subsidized.<br /><br />More than 800,000 barrels--barrels!--of ethanol are mandated for use in the USA every day, by federal diktat. <br /><br />It is amazing to me that the right-wing rants about Obama's Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-20743738368518604382012-10-18T18:29:36.843-07:002012-10-18T18:29:36.843-07:00randy: The government should absolutely level the ...randy: The government should absolutely level the playing field by removing obstacles to nuclear power, etc. But it should not play favorites. The market is best at figuring out the most cost-effective and efficient solutions. And, there is almost nothing that is out of reach of the market. There is a virtually infinite supply of capital in the world to undertake profitable ventures, especially Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-24077613379098533652012-10-18T16:59:23.280-07:002012-10-18T16:59:23.280-07:00I recommend Instapundit to my liberal friends so t...I recommend Instapundit to my liberal friends so they can see what the right of center is thinking. Mostly my liberal friends read Drudge for that purpose and I tell them they are behind the times.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-88484350991988713202012-10-18T15:26:04.023-07:002012-10-18T15:26:04.023-07:00I strongly prefer to invest in companies that pay ...I strongly prefer to invest in companies that pay dividends -- I could care less about "green" -- I am looking for companies where the CEO stands up in front of the shareholders and slams his fist down on the podium and forcely announces that dividends will be going up or he will kill himself onstage at the next shareholder meeting -- the kinds of companies that Scott is describing hereMcKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35761865961793901372012-10-18T15:16:08.690-07:002012-10-18T15:16:08.690-07:00Throwing away money like that is... disgusting. O...Throwing away money like that is... disgusting. On the other hand, I am convinced there is a place for federal industrial policy related to energy - as a national security issue. The world changing technologies within our grasp are nuclear and natural gas. The "market" works to serve the existing infrastructure, which is primarily oil for gasoline, and providing fuel for whatever randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.com