02/08/2010

L3C's - the new (Little s) socialism

*NOTE: L3C's allow government agencies to partner with private investors, foundations, and other nonprofits to form a business. L3C stands for Low-Profit Limited Liability Company.  Usually reserved for "socially responsible" types of business, such as this

The L3C The Low Profit Limited Liability Company Cwv Brief Updated

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Feb 8, 2010 5:30:16 PM | ALINSKY, CONGRESS, CORRUPTION, Democrat, economy, GOVERNMENT , Social Problems, SOCIALISM, Society

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Welfare's greatest crime isn't it's a waste of money, but that it's a waste of people" - Mark Steyn
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Unsustainable's the new normal -Mark Steyn http://www.JewishWorldReview.com | At the National Prayer Breakfast, Barack Obama singled out for praise Navy Corpsman Christian Bouchard. Or, as the president called him, "Corpseman Bouchard." Twice. Hey, not a big deal. Throughout his life, the commander in chief has had little contact with the military, and less interest. And, when you give as many speeches as this guy does, there's no time to rehearse or read through: You just gotta fire up the prompter and wing it. But it's revealing that nobody around him in the so-called smartest administration of all time thought to spell it out phonetically for him when the speech got typed up and loaded into the machine. Which suggests that either his minders don't know that he doesn't know that kinda stuff, or they don't know it, either. To put it in Rumsfeldian terms, they don't know what they don't know. Which is embarrassingly true. Hence, the awful flop speeches, from the Copenhagen Olympics to the Berlin Wall anniversary video to the Martha Coakley rally. The palpable whiff given off by the White House inner circle is that they're the last people on the planet still besotted by Barack Obama, and that they're having such a cool time starring in their own reality-show remake of "The West Wing" they can only conceive of the public – and, indeed, the world – as crowd-scene extras in "The Barack Obama Show." They expect you to cheer and wave flags when the floor manager tells you to, but the notion that, in return, he should be able to persuade you of the merits of his policies seems entirely to have eluded them. But, since Obama's mispronunciation is a pithier summation of the State of the Union than any of the dreary 90-minute sludge he paid his speechwriters for, let...

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