Friday, October 14, 2011
Perry's Solyndra problem
Kimberley Strassel joins Mr Rot's ever-expanding shit list: It used to be that Republican governors competed for business by lowering taxes and regulations. Then some genius worked out that it was easier to flat-out bribe companies to relocate by offering cold, hard taxpayer cash. And with green energy all the rage, a lot of state tax dollars started flowing to Solyndra-like ventures. Mr. Perry did all this on a grand scale, convincing his legislature to create two investment funds, one being the Emerging Technology Fund, which has acted as state venture capitalist to more than a hundred firms, including green companies.
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I also noticed this at the latest debate: some reporter threw a seeming softball at Perry, asking about Solyndra. I thought he'll whack it out of the park (duhh), but, surprisingly, he started waffling. Then the reporter followed up, by asking Perry the tu quoque question -- at which point Perry started spinning like a top, saying that it's totally different if Texas invests in companies, as opposed to the Feds. Hmmm....
Now, Strassel (who's a very smart cookie, despite what Rot thinks) makes an interesting comparison: Perry's spin is indeed reminiscent of Romney spin regarding RomneyCare vs ObamaCare: OK if done by the States, bad if done by the Feds. I hadn't thought of that analogy (which, like most analogies, is not perfect), but still, she makes a much smarter point than the wet noodles Der Rotter keeps throwing at Mitt, hoping against hope that perhaps one will stick, and save his Texas idol from fading away.
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