Digital Domain : A Florida Solyndra
Thanks to Florida’s Ag Commissioner Adam Putnam we are proud to announce yet another bankrupt Public Private Partnership: Digital Domain Media Group! This is the new way to do business in America. We no longer subscribe to free market principles so get ready for more and more of your money being stolen by the government and lining the pockets of the politically connected. Just remember what is now becoming a common saying: the trouble with socialism is that you eventually run out of other people’s money.
“Digital Domain Media Group Inc. closed its taxpayer-subsidized film studio Tuesday and filed for bankruptcy protection, just a few short months after State Rep. Scott Plakon (R-Longwood) told skeptical Tea Party leaders that the Florida film industry provides a sterling example of why government officials should hand over taxpayer dollars to politically connected renewable energy companies.”
“Plakon offered examples of other tax credits being used successfully in the State of Florida to create jobs and boost our economy – namely the film industry,” wrote Tea Party leader Carol Knighton of The Villages in an April 26 email to other Tea Party leaders.”
“In his conversation with Knighton and other Tea Party leaders, Plakon strongly objected to Tea Party leaders comparing Plakon’s renewable energy subsidies with the federal Solyndra scandal.”