I've been very ill, readers, and not solely from what's becoming of our country. Good to be back.
If you've had to do with governments, you'll know that if you give an agency some budget, if the fiscal year ends with a portion unspent, that is lost by the agency. Next year, then, it may not get all that it requests. Hence, towards the end of a F.Y. there is a great flurry of throwing money in all directions, for saving money, doing what was promised for less money, is clearly not a virtue in that realm.
The DoE (probably pronounced "dough") was lately in the vanguard of chucking billions away, when, towards the end of September, it said goodbye to some new loans to California, solar energy boondoggles. They're failing left and right, but that's no reason to refrain from tossing good money after bad, no sirree, not for the BADministration. What have to show for three years of this fantasy? Air, perhaps, and hot air, at that.
The term "green" is appropriate for only two reasons; the boondoggling companies get bundles of green, and anyone that expects some payoff from these spending sprees (how much finds its way back into B.O.'s campaign and bribery chest?)is very, very GREEN.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment