The White House is at it again, spending your money on ‘Friends & Family’ deals for private businesses. On the surface, stimulus money for rail infrastructure seems like a great idea, it’s an old system that needs lots of work, But handing over hundreds of millions of taxpayer dollars to private companies is a bad policy. It leaves us, that’s U.S., holding the bag when things go wrong, remember Solyndra? When the Govt. picks winners and losers, we all lose.
Links
-> White House Spends $600 Million on Rail Projects That Benefit Private Companies
-> This One Chart Shows Where All The Important Economies Are Right Now In The Growth Cycle
-> Janet Yellen Shock’s Classmate
-> The Boom in the Markets Worries Nobel Prize Economist
-> Top Startup Money Milestones of 2013
-> 5 Fundamental “DON’Ts” That Every Business Owner Should Know About
-> Global Housing Prices Are Rising And You’ll Be Surprised What Country Analysts Worry About Most
Top Photo: antigallery via Flickr
