Reverse Robin-Hood

http://www.futureofcapitalism.com/2009/09/reverse-robin-hood

A car company whose investors include Al Gore, the Silicon Valley venture capitalists Kleiner Perkins Caulfield & Byers, and the government of Qatar has received a $529 million loan from the U.S. government, the Wall Street Journal reports, in an example of what one might call the "reverse Robin-Hood" -- take from middle-class taxpayers, give to the rich --- that is becoming a hallmark of the Obama administration's alternative energy policies (not to mention the bank bailouts). Here's another example, and another.

by Editor  |  Sep 25, 2009 at 7:48 am Related Topics:  Auto Industry, Reverse Robin-Hood receive the latest by email: subscribe to the free futureofcapitalism.com mailing list