Tweet: Keith Weiner, @RealKeithWeiner Central planning. The promise: wise honest technocrats can invest in science and business without worrying about profit.
The reality: politicized investment is a vote buying slush fund and fuels corrupt cronies, politicized science results in politically correct junk science.
10:18 AM, Apr 24, 2023 1,224 Views, 9 Retweets, 48 Likes, 3 Bookmarks-------------- Rex Nhongo, @RexNhongo2, 2 hours ago Canada's recent gift of $13 billion to Volkswagen to build a battery plant is a recent example. Our PM claims that the "economic impact" will make up for the subsidy cost, so the government can't possibly lose.
---------- Keith Weiner, @RealKeithWeiner, 1 hour ago if any private investment bank promoted it to investors with that promise, they'd be hauled in front of the securities regulators for securities fraud
------------------ Dividend Hedge Info dot com, @valuehunter888, 11 min. ago If a company's operations are not commercially viable without billions in tax payers subsidies it should not be in business. Public money is not a Bank for favors.
------------- Nikolay Kozev, @NKozev, 2 hours ago the road to hell is paved by good intentions
---------------- Keith Weiner, @RealKeithWeiner, 2 hours ago
*with defining evil as good intentions---------------- Nikolay Kozev, @NKozev, 2 hours ago good intentions - what majority of people want to hear
------------------ Max, @Max_Aragorn, 1 hours ago “They've got a set of Republican waiters on one side and a set of Democratic waiters on the other side, but no matter which set of waiters brings you the dish, the legislative grub is all prepared in the same Wall Street kitchen." –-- Huey Long
------------- Beowullf's Treasury, @BeowulfTreasury, 2 hours ago we do not learn from history and keep repeating the same mistakes
---------------- QuantApe, @ApeQuant, 2 hours ago even worse when technocrats happen to like eugenics. and are aware of oil not being infinite resource, and not avail. cheaply forever.
---------------- Andras Toth, @tothandhu, 2 hours ago Worse. Because of building power base with the aim of remaining in power. Endless increase of interventions.
-------------- Steve Francis, @MerryMonetarist, 22 min. ago Bravo. Very succinctly stated.