But when does that ever happen when public bureaucrats waste hundreds of millions or even billions of taxpayer dollars? If the market could treat the Department of Energy the same way the government treated Enron, it would abolish the department and put Steven Chu on trial.

Enron?

My last boss withheld my 401 k contributions, for over two years, and used the money for operating expenses. Now the company has been sold, because he was able to use those funds stolen from me and other employees to make the company seem more profitable than it was. Laws that might hold him accountable are so weak, as to be functionally useless.

In private enterprise, things aren’t always what they seem, and people don’t always give consent to what corporate bosses force them into.

The federal government loaned Solyndra money primarily BECAUSE private equity would not.

Solyndra could not longer tempt private capital. Numerous potential private investors stepped forward to say that 10 minutes with Solyndra’s prospectus was all that was needed to see why their offering failed. That the government stepped in defies rationality.

Both.

These whackos are given a national podium in the NY Times and NPR to espouse the merits of policies that have continuously failed, left economies, countries and entire nations in ruin, most recently in Japan, but mirrored in the past crashes of South America, Eastern Europe, the USSR, South Asia and Even here in America.

These people are more dangerous than disingenuous idiots, they are shills for the perpetuation of failed Keynesian policies that leave bureaucrats and bankers in charge of the fate of the nation. These people need a good tar n’ feathering.

For Krugman not to see that diference suggests a level of carelessness not attributable to ideology. He strikes me as simply a “bad man.”