Markell’s Elephant in the Room: Fisker

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We were conned like everyone else. But for three years the Boxwood plant remains empty and will likely remain so. No 1,500 jobs. And with the recent news articles in the Times, WSJ and TNJ, we've learned that Fisker was playing the long con. Now that we all see we've been bamboozled, what will Markell's reaction be? After months of publicly ignoring the elephant in the room, what will be the Administration's response be today and in the future? What is Markell's Plan B for Boxwood?

Wall Street Welfare

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As it is called by E.J.Dionne in what is likely the last word on corporate America’s newly found use for government and Wall Street’s currently hypocritical stance towards government and its utility:

Never do I want to hear again from my conservative friends about how brilliant capitalists are, how much they deserve their seven-figure salaries and how government should keep its hands off the private economy.

The Wall Street titans have turned into a bunch of welfare clients. They are desperate to be bailed out by government from their own incompetence, and from the deregulatory regime for which they lobbied so hard. They have lost “confidence” in each other, you see, because none of these oh-so-wise captains of the universe have any idea what kinds of devalued securities sit in one another’s portfolios.