February 17, 2012

Beware the ObamaCare Win-Win

By Randall Smith
Author Stephen Covey in his book The Seven Habits of Highly Effective People says that "effective" people think "win-win."  I'm sure that's true.  But there is another sort of "win-win" that my older brother used to pull on me when I was very young.  He'd toss a coin up in the air and shout: "Heads I win, tails you lose."  That was a "win-win," but not for me.  So, too, one needs to be very careful about politicians who set up for themselves a "win-win" situation in which, either way, they come out on top. Take President Obama's government investments in now-defunct "green energy" companies such as Solyndra, Ener1, and Beacon Power.  He invests someone else's money in them, and if these companies become profitable and make some real money, well, then, they're likely to be on board for some serious re-election cash, and he's had a big "win."  If, on the other hand, they go defunct, well, no big deal.  He hasn't lost a dime of his own.  The...(Read Full Article)