Mama Bin Cranky

I am struck by the coincidence of the death of Steve Jobs and the ongoing story of the failure of the US government’s investment in Solyndra. Thank goodness Steven Jobs was able to get a loan guarantee from the government for his vision of a life changing Apple Corporation.  Would we have an I-Pad without this generous foresight of the US government?  No.  Would be able to pop in a dvd of Toy Story to entertain ourselves without a government handout to pursue these great ideas?  Never!

Same situation with Microsoft, FaceBook, and Walmart.  None of this would have been possible without the loan guarantees from a benevolent and all knowing government.  Further, to compete with China, we must do this.  The goal is to compete with China, a communist government by subsidizing industry.  I’m pretty sure I am right about all this.  Government as venture capital.  This morning’s news shows a great man dead and information that the government was considering giving more loan guarantees to Solyndra.