Flash: Obamas big ruse, the so-called Stimulus Package Includes a $1 billion earmark for the “FutureGen”near zero emission sci-fi plant in Matoon, Illinois that is a pet project of Senator Durbin and disgraced former governor Rod Blagojevich.
The Washington Post has called the project “prohibitively expense” and scientists at MIT oppose the project.
FutureGen has involved pork barrel politics since the beginning.
The FutureGen project illustrates the near impossibility of making rational economic decisions with government subsidy projects. Even if a government agency were well-managed and made decisions based on sound cost-benefit analyses, projects become incredibly politicized. Now, with the stimulus bill, it looks like the Mattoon boondoggle has another lease on life.
Obama is changing the face of America in ways that even the people who voted for him wouldn’t agree with. Let’s all be aware of his motives.