Heavy Lifting - thoughts and web finds by an economist
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Friday, September 25, 2009
In what can only be interpreted as trickle-down green technology, the U.S. government has loaned $1 billion to two start-up companies focusing on high-end luxury (and expensive) hybrid cars:
WASHINGTON -- A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.Why do stories like this sound so much like those from Atlas Shrugged?
When those with pull win over those with quality ideas then we are in deep doo-doo.
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