Last session, nearly all General Assembly Democrats and yes, sadly, even some Republicans voted to establish a $100 million dollar Iowa Power Fund which was something that the Big Lug campaigned for in the fall of 2006. After it passed last April, I wrote a post called "Power Fund Appears to be Democrats' Power Trip" and I cited several reasons why I would have been a staunch opponent of such a slush fund if I were a legislator. I just fundamentally do not believe that government should be getting in the way of what private enterprise could probably do much better and certainly more efficiently. I'm also yet to be convinced that there is a shortage of private capital available to fund these projects.

Labels: Chet_Culver