Thursday, December 22, 2011

Quote du jour

If one were trying to dream up a way for the Energy Department to ensure fewer jobs, less energy, and higher costs, it would be hard to match the record of Secretary Chu. We have spent billions subsidizing inefficient solar- and wind-power companies with political connections; the results have been little or no new energy, but lots more federal debt. Thanks to Obama, the “alternative energy” industry is now discredited, as “millions of green jobs” have been downgraded to the status of “stimulus” and “investments.” Apparently, when crony capitalists and insider con men put the word “green” in front of their schemes, we are supposed to suspend moral judgment, as if they purchased medieval indulgences exempting them from scrutiny.

-Victor Davis Hanson

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