President Obama and the State University of Baloney
It is instructive to juxtapose two recent news events to consider which is more likely to cause harm...
[I]f the cold fusion claims from the University of Bologna turn out to be false or mistaken, nobody who hasn't invested will pay a penny for it--unless, of course, the research is prolonged by grants from the Italian government. When the president's formula for energy progress--massive state intervention--fails, it will inevitably (and absurdly) be blamed on freedom and "greed," providing the pretext for still more government power grabs.
Which of these is the greater evil?