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Great Moments in Government Investment

May 13, 2010, 8:36 pm

Remember how the US gasoline-powered automobile market would never have developed without the massive government grants to Standard Oil to build out a gas station network?  Yeah, neither do I.

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Category: Government
  • Ian Lippert

    Oh Ya! I totally remember that!!!

    ...

    oh wait, No I dont!!!

  • DrTorch

    But, but

    Standard Oil was an evil trust, and John Rockefeller was an evil robber baron!

    Didn't you pay attention in 8th grade history?

  • markm

    But there actually was a market for gasoline.