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Thursday, July 05, 2007

Some Definitions

"Ponzi scheme," from Wikipedia

Rendell Energy Plan, from the Governor's office

Note the striking similarities.

Also read Jared Walczak's commentary on Energy Depletion. Despite all of the Governor's rhetoric, this is bad policy. It shouldn't be passed with the budget, it shouldn't be passed in the fall. It should not be passed at all (sorry for the Dr. Seuss moment)

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