California's destructive green jobs lobby
The green campaign wastes scarce and precious technological and entrepreneurial resources indispensable to the nation's future. Now it is debauching America's most precious venture assets. It must be defeated, not appeased.
November 16, 2010
by George Gilder
in Wall Street Journal
Silicon Valley, once synonymous with productivity-enhancing innovation, is now looking to make money on feel-good government handouts..Article
California officials acknowledged last Thursday that the state faces $20 billion deficits every year from now to 2016. At the same time, California's state Treasurer entered bond markets to sell some $14 billion in "revenue anticipation notes" over the next two weeks. Worst of all, economic sanity lost out in what may have been the most important election on Nov. 2-and, no, I'm not talking about the gubernatorial or senate races.
This was the California referendum to repeal Assembly Bill 32, the so-called Global Warming... [continue via Web link]