Friday, February 16, 2007

Carter’s Little Liver

(From 2/26/07 FORBES Magazine) In 1980 Jimmy Carter signed the Energy Security Act which created the Synthetic Fuels Corp. at a taxpayer cost of $2 billion. It went belly up a mere five years later. I wonder how many Habitat for Humanity houses could have been built with those same 2,000,000,000 (1980) dollars? Maybe 100,000? OOPS!