Sunday, November 9, 2014

MORE $$$$$$ Down the Drain?

This is outrageous, and an excellent reason why politicians should have to wear sponsorship patches - like NASCAR drivers - on their clothing.

I'm generally opposed to the whole bailout thing - if any investor screws up, and loses money, well, that's his problem.  The government (and, really, the taxpayers, whose money funds it) should NOT throw money at their feet.

The most galling thing about this is that GOOGLE is a major investor in this (Link to Financial Statements here).  The other major player is NRG (Link to Income Statement here)

Check out the links - do these companies deserve PUBLIC money to increase their profitability?  Especially since the taxpayers will NOT share in the expected return?

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    MORE $$$$$$ Down the Drain? « Right As Usual

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