The Spectacle Blog

More Green Taxpayer Shakedowns

By on 2.17.11 | 3:50PM

This is up at the Daily Caller noting the outrageous abuse being perpetrated by the U.S. government -- with more being planned as part of the CR, among other places -- in the name of 'green lending', with a cautionary note or four sent to us from Europe.

Money item:

"Let's start with today's headlines. The Guardian reports that a UK green investment bank proposed by the deputy prime minister poses a serious risk to Britain's credit rating because, if its liabilities go on the national balance sheet as Treasury officials argue they must, the UK would lose its triple AAA rating (h/t The Global Warming Policy Foundation). Then there's this. And this. Oh, and this.

It's that bad. But, did someone say 'green?' Well, then it sounds like a plan."

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