Friday, September 16, 2011

Line of the Week

From Megan McArdle:

The administration's rather wan defense seems to be that private investors put more than $1 billion of their own money into the firm (Solyndra). But the fact that some idiot, somewhere was willing to bet on something is not reason for the government to follow suit--otherwise, we'd be sending people from DOE to the Bellagio every week to put buckets of cash on red.

2 Comments:

Anonymous Anonymous said...

I liked the line better that some politician had about the government getting involved in venture socialism.

9:54 AM, September 16, 2011  
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