The Supreme Court declined to restrain the eminent domain powers
of an arrogant local government in
Kelo v. New London back in 2005. The idea was to replace
a not-particularly-rich residential neighborhood in New London,
Connecticut with a commercial
development. The promise was
"3,169 new jobs and $1.2 million a year in tax revenues."
The neighborhood was successfully destroyed, but commercialization never happened. Gideon's Trumpet reports the latest:Now, we learn from the local newspaper, The Day, that following the hurricane Irene, the city has designated the Fort Trumbull redevelopment site as a place to dump vegetation debris. For a video of locals dumping that stuff on the site, click here.
Connecticut taxpayers have thus been soaked tens of millions of dollars, not just for nothing, but for making things worse — for transforming a nice local neighborhood into a dump.
Anyone see David Souter recently?
But Connecticut's immolation of taxpayer money and private property
is small potatoes
compared to that of Your Federal Government.
Let us join the crowd
noting the Chapter 11 bankruptcy of Solyndra, recipient
of a $535-million federal loan guarantee back in 2009, proudly hailed
(then) as the first of its kind. But let's
not look at the recent stories, but back at the fawning
coverage at the New York Times in 2010 when President
PollyannaObama visited a Solyndra plant under construction:“It really gives you a sense of what the future of manufacturing looks like,” Mr. Obama told them, adding, “We’re going to keep on building stuff here in America.”
With its well-lighted modern spaces and high-tech computerized equipment, the sprawling plant against the hills outside Fremont was in sharp contrast to a pipe-manufacturing factory adapted from a shuttered steel mill, that Mr. Obama visited in Youngstown, Ohio, last week. But both are expanding, in part with federal money from last year’s $787 billion economic recovery act.
Mr. Obama also said that the new jobs created at Solyndra, both temporary ones in construction and permanent manufacturing slots, were a sign that the economy is improving.
“What you are proving here, all of you, collectively, is that as difficult as it’s going to be, as long as it takes, we will recover,” he told the employees.
“The promise of clean energy isn’t an article of faith, not anymore,” he added. “The future is here.”
On the contrary, Mr. President: the future is here.A company that served as a showcase for the Obama administration’s effort to create jobs in clean technology shut down Wednesday, leaving 1,100 people out of work and taxpayers obligated for $535 million in federal loans.
And let's not forget:
The Obama administration bypassed steps meant to protect taxpayers as it hurried to approve an energy loan guarantee to a politically-connected California solar power startup , iWatch News and ABC News have learned. […]
The loan guarantee, the administration's first for a clean energy project, benefited a company whose prime financial backers include Oklahoma oil billionaire George Kaiser, a “bundler” of campaign donations. Kaiser raised at least $50,000 for the president’s 2008 election effort.
Crony capitalism at its finest!
At the Washington Post, Dana Milbank feels it's worth his
typing time to inform us: Rick
Perry is no libertarian. In fact (he claims), "Rick Perry is a
theocrat." Oh noes! Hide the Cthulhu plush!
Jacob Sullum is both more qualified and better able to make fine distinctions than Milbank. Libertarian-minded voters willing to vote for a Republican should read the whole thing, and maybe follow the links. Sullum's conclusion:As far as I can tell, by the way, no one is calling Perry a libertarian. The statement to which Milbank objected was Post reporter Perry Bacon's claim that a Perry victory "would cement the Republican Party's shift away from Bush's approach to a more libertarian, anti-government GOP." That much seems possible. After all, you can be more libertarian than George W. Bush without being very libertarian at all. So far it seems that Perry is about as good as Bush on the few issues (immigration, for example) where Bush was pretty good, no worse than Bush in any major way (unless I've missed it; let me know), and substantially better rhetorically, eschewing "compassionate" conservatism and championingfederalism, even in the area of drug policy. If there is any substance at all to Perry's Tea Party–pleasing emphasis on fiscal conservatism, Bacon's prediction could turn out to be accurate.
When I was a kid, my mom used to freak when she saw Christmas
decorations before Thanksgiving. Too soon!
Times have changed. The mail brought our first Christmas catalog yesterday, August 31. The perpetrators of this outrage: the Lakeside Collection. It's a very slick book with an upscale look, and (frankly) I'm a little tempted by the Hot Sox Therapeutic Slippers (only $6.95 per pair, pictured above).