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Sunday, January 25, 2009

Nantucket Windmills and Welfare for Detroit

The common thread in these two stories? Environmentalism.

The hypocrisy of many politicians is truly astounding.
Blowhards - WSJ.com: "For all the hype about the Bush Administration's oil-and-gas energy bias, one of its last official acts was to give the go-ahead to what could be America's first offshore wind farm -- thus enraging more than a few self-deputized environmentalists. Such are the ironies of the wilderness of mirrors known as the Cape Wind project."

Caving-in, in order to feed at the trough. Serving govt. whims instead of customers.
Cross Country: Detroit Bets Its Future on Washington - WSJ.com: "The curtain comes down this week on the 2009 Detroit International Auto Show -- and with it likely on the American auto industry as we know it. This might turn out to be a watershed year when some of the industry's big players permanently shift gears from serving ordinary car buyers to serving the grand designs of central planners. The only other time that the industry subordinated its customers to the government was World War II. Then it had no choice. This time the industry, particularly General Motors, is desperately 'retooling' itself to make Washington's environmental and industrial policy priorities a vital part of its business revival plan."

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