“Africa needs electricity. What else is new? Africans need many things. So do people all over the world. Obama has ‘pledged’ $7 billion toward we-know-not-what that is supposed to build Africa’s electricity. The White House says it will cost $300 billion by 2030. Liberals are liberals. They promote endless government programs and endless government, and often, as in this case, it’s subsidizing particular businesses that will benefit. This is crony capitalism, which is not free market capitalism. And, as has often been the bi-partisan case, they promote funds that trickle down through corrupt governments […] and are largely wasted and mis-directed.”

http://www.lewrockwell.com/blog/lewrw/archives/140625.html

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