This is what happens when you pick a portfolio of losers

NY Times:
The president’s State of the Union address could underscore his inability so far to achieve the taxpayer-financed investments that he believes can lift the middle class and the poor.
It is all the losers he picked with his stimulus bill and his big loser bailouts of GM and Chrysler that make people question his judgment.   The fact is he would rather put public money into bad investments than allow the private sector to invest in energy on federal sites and build the Keystone XL pipeline.  With that kind of track record he has no chance of pushing his old agenda.

He and the Democrats need to drop their policy of artificial scarcity of energy.  It is exporting jobs and costing the treasury billions in lost royalties that could reduce the national deficit.


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