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  • A Rendell --- and now Corbett --- Bailout: Building Ships With No Buyers

    02/19/2011 3:26:44 AM PST · by grace522 · 18 replies
    Philadelphia Magazine ^ | 18 Feb 2011 | Chris Freind
    Freindly Fire Note: On February 17, Governor Tom Corbett authorized the $42 million shipyard bailout. Two ships will now be constructed --- even though there are no buyers, nor any in the foreseeable future --- and hundreds of union jobs will now be subsidized. So much for the pledge of responsible government and fiscal restraint, especially in light of the $5 billion budget deficit. The wildly successful model that Gov. Christie has given his colleagues --- popularity will rise if you stick to your campaign promises --- is, incomprehensibly, falling on deaf ears. It is bad enough Corbett is being...