Green energy may not be the vastest black hole into which massive sums of our wealth disappear. Imagine how much taxpayer money kleptocrats could pour down Detroit without effecting any positive result whatsoever:
City Council member JoAnn Watson said Tuesday the citizens support of Obama in last month’s election was enough reason for the president to bailout the struggling the city.
“Our people in an overwhelming way supported the re-election of this president and there ought to be a quid pro quo and you ought to exercise leadership on that,” said Watson. …
“After the election of Jimmy Carter, the honorable Coleman Alexander Young, he went to Washington, D.C. and came home with some bacon,” said Watson. “That’s what you do.”
Someone has to pay for the never-ending supply of free bacon for the incompetent, corrupt, and outrageously irresponsible collectivists who have reduced Detroit from a great city to a pustule. If you work for a living, that someone is you.
The Detroit bailout will make a fitting prelude to the California bailout — unless the inevitable national collapse intervenes.
On a tip from Dean D.