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Old 09-17-2012, 03:23 PM
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The Angus King Federal Bailout

No private investors are putting their money in wind power projects these days--with the exception of those projects that are heavily subsidized by the federal government where any potential private losses will be covered by taxpayer bailouts--because wind power is simply not a viable business. As billionaire T. Boone Pickens, for many years an enthusiastic supporter of government backed wind power, told Joe Scarborough in April of this year: "I'm in the wind business...I've lost my ass in the business."
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