Posted by
Grandpa Joe on Wednesday, August 20, 2008 8:37:21 PM
The WSJ a few weeks ago published a commentary by Mr. Bjorn Lomborg of the Copenhagen Consensus on "How to get the biggest bang for 10 billion bucks" It appears the the journal has asked some "notables" for their perspectives on their opinion on how to meet this challenge. The first two were Newt and Jerry (Mr. Moonbeam of California fame). The second group included Steny Hoyer the majority whip in the house. His comments solidified my opinion that the leadership of the democratic party does not get any better after Pelosi and Reid as Mr Hoyer never addresed the question on how to spend 10 billion for the biggest returns. He some how chose alternative energy but instead of offering the idea of the value of the ROI he used the opportunity to blast the Bush administration and the oil companies. As a shareholder of Exxon and other oil companies (as most likely anyone who has mutual fund shares) I am pleased with the performance of their companies. I appreciate the dividends and the gains on the stock price. So keep up the good work. As an aside. I don't remember how many jobs Stoyer has provided with earmarks but I bet it does not match the number provided by "Big Oil".