Skip to comments.Another Rendell Bailout: Building Ships With No Buyers
Posted on 01/06/2011 5:59:55 PM PST by grace522
In the movie Dave, Kevin Kline plays a presidential lookalike who finds himself running the country after the real President falls into a coma. Convening a Cabinet meeting, this political novice uses common sense to expose the ludicrous mentality of the entrenched Business As Usual crowd.
Kline asks the Commerce Secretary about an ad campaign his Department has implemented to boost consumer confidence in the American auto industry. Its designed to bolster individual confidence in a previous domestic automotive purchase, the Secretary proudly explained.
Speechless at first, Kline fires back, We're spending millions for somebody to feel good about a car they already bought? I don't want to tell an eight-year-old kid he's gotta sleep in the street because we want people to feel better about their car. Do you want to tell him that? The shocked Secretary (finally) sees the light, and the program is eliminated.
Incredibly, that mentality isnt limited to fictional Hollywood scripts, but is a large part of the way our governmental leaders operate. Look at what Pennsylvanias Ed Rendell is trying to pull off before he walks out of the Governors Mansion a few weeks from now.
Shortly before leaving office, Rendell authorized $42 million in taxpayer money to be sent to the Philadelphia Regional Port Authority (PRPA) to help bail out the sinking Aker Shipyard in Philadelphia.
The funding, we are told, would prevent Aker from going under, since it would be building two new tanker ships.
Of course, theres one small problem.
There are no buyers for the ships. And the prospect of that changing course anytime soon is virtually nonexistent.
(Excerpt) Read more at freindlyfirezone.com ...
Heh. Here’s the kind of car that the wise can maintain. See ya on the other side of “TEOTWAWKI.” ;-)
Fast Eddie's going out with a bang! Plus he blew up with Leslie Stahl on '60 Minutes' about the casinos: "If they're going to blow their paychecks, then we should make sure we get the money in PA!" F'n lying thief.