Monday, November 22, 2010

'Build America' Debt Bomb - WSJ.com

Steven Malanga: The 'Build America' Debt Bomb - WSJ.com: "administration wants Congress to make new taxpayer-subsidized bonds permanent."
in Dallas, Texas, when no private operator would finance a new convention hotel, the city went ahead with a government-subsidized hotel, courtesy of $388 million in BABs.