There is an imposter in the White House. We want to know what happened to President Obama. Has some vast right wing cabal grabbed him from his bed and replaced him with a look-alike?
In something that seems right out of a science fiction movie, President Obama is going forward on his pledge to fund – wait for it – new nuclear power plants!
Holy Batman, Batman!
Something we at O-t-c can applaud about President Obama?
We are big believers in government spending to improve infrastructure (true improvements – not make-work boondoggles). We also believe it is government’s role to go after very long range goals that cannot be handled effectively by corporations that need to show profits for their shareholders quarter after quarter. And we believe that government has a role in underwriting potentially hazardous enterprises, where private insurance would find the risk untenable, and would thus not insure a project.
As long as it it done correctly, as long as there is competitive bidding on pieces of the project by truly competent corporations, and as long as the oversight is managed per science and not political correctness, the funding of nuclear power plants can be an extremely welcome development.
It is not often we have looked forward to offerings by this President. We applaud this move.
- Off-the-cliff.com
P.S. – So far.