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Sunday, February 13, 2011

Grand Irony

One has to savor the irony of the Obama administration's proposals for high speed rail with the release of the movie version of Atlas Shrugged.

Just slip the pages of SEC lawsuits to figure out that "private business" is so much better and less corrupt at allocative efficiency:

Since it went public four years ago, the SEC says, AEHI [aka Alternative Energy] has raised millions of dollars by promising to build a nuclear power plant even though the company has “no realistic possibility” of ever achieving that goal [alleges the SEC]