The Government DIDN’T Build THAT – Government Subsidization vs Real Entrepreneurship
By: FoundersIntent (Diary) | July 21st at 03:52 AM |
By Ed Willing SUCCESS STORIES OF GOVERNMENT “INVESTMENT”: Solyndra – Founded in 2005; received $528 million in government subsidies in 2009. Result: Bankrupt in 2011. The Chinese and others made solar panels better and cheaper. Samuel Langley – Tried to build first airplane in history. In 1900, U.S. government funded two flight attempts. Result: Both times, Langley crashed his plane into the Potomac River. | Read More »
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Bullies, and The Rest of Us
By: FoundersIntent (Diary) | March 6th at 05:01 PM |
The UAW protested Mitt Romney at the Daytona 500 this past Sunday. They flew a banner above the stadium that read “Mitt Romney: Let Detroit Go Bankrupt.” This labor union, boasting nearly 400,000 active members and about 600,000 retired members, planned this response to a 2008 NY Times Op-Ed that Romney wrote titled “Let Detroit Go Bankrupt.” Well, they are creative. In Romney’s 2008 article, | Read More »
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