Belmont Club

By Richard Fernandez

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The blind men and ditches

August 3, 2008 - 8:12 am - by Richard Fernandez
hdgreene
2008-08-03 18:19:14

If you take a big risk investing in alternative energy hoping for a large reward, the large reward will be taxed away. That’s because you have become “Big Alternative Energy” and a suitable object for demonization and confiscatory taxation. It is unfortunate that the best predictor of our future predicaments are our self inflicted past ones.

But be confident that the loses you sustain will be all yours.