Who's the patsy

Obama's Green Obsession: More Harm Than Good?

What a bloviator this guy is. Hard to take the great Gerard Jackson seriously when he feels it necessary to insert in every paragraph a sentence about how dumb Obama is (and therefore, by definition, how much smarter Gerard Jackson is). Funny, how I have never heard of Gerard Jackson before: he must be the most unsung genius in the United States. Him and the Unabomber.

He trots out the same old tired Fox News/CNBC/Larry Kudlow ideological premise that the Church of the Free Market is the Way, the Truth and the Life BUT I guess he hasn't been paying attention to what has actually been happening in the markets where his dearly beloved free enterprise banks have managed to bankrupt themselves misapplying capital. Maybe, just maybe, the free markets aren't perfect. And maybe, just maybe, government seed money does invest capital wisely. Like all the government seed money funding medical research; all the NASA money that produced so many improvements in technology; the Internet; the Eisenhower interstate system. Et cetera. At least there are enough successes when the government invests, and enough failures when the private sector invests, to warrant more than mere sloganeering on these issues.

We are a nation of pragmatists. Let us flush Gerard Jackson, George Bush, the Cato Institute and their coterie of ideological cranks down the toilet and get back to figuring out SOLUTIONS, not SLOGANS.