In response to:

Government Has No Business Dabbling in Business

Judester Wrote: Aug 10, 2012 6:35 AM
Remembering the Savings and Loan scandal when members of congress were writing themselves interest free loans and being discovered had the US taxpayers bail them out proves to me they are a bunch of underhanded money movers that are doing the same thing writing Obama's checks that we; the taxpayers are being stuck with paying out the nose for their grossly handling the Nations checkbook.
Curtis108 Wrote: Aug 10, 2012 1:53 PM
You have conflated the House Bank and the S&L scandals.

Sad when we have so many we can get them mixed up.

Just 16 percent of voters nationwide believe it was a good idea for the government to provide Solyndra with loan guarantees. The solar power company went bankrupt and stuck taxpayers with the tab for a half-billion dollars.

The Obama administration generally has responded to questions about the program in the way a venture capital firm would respond to questions about a portfolio loss. They note that similar government investments have turned out just fine and that it's only fair to look at their portfolio as a whole.

It's not a bad argument if you believe government should...

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