[IamConservative]

The problem isn’t merely that a couple of companies that took stimulus money failed.

For me, it's the idea that the President - any President - is playing venture capitalist. If I wanted to invest in a start up, I can do that myself. There's also the "moral hazard" concept. It has been removed in this case just like in the case of bundling mortgages and pawning them off on investors.

[Nervous Tick]

>> For me, it’s the idea that the President - any President - is playing venture capitalist.

Absolutely.

In my post I may have implied that that concept was okay. It isn’t. My bad.