Detailed text transcripts for TV channel - MSNBC - 20120810:05:25:00
History of this country, to building the wind industry. and actually, there is a tortured history of the interplay between these tax credits and the industry going back to the 1980s, when ronald reagan first killed them in 1985, the u.s. was the global leader in wind and energy and what happened was companies immediately went bankrupt. the whole industry gravitated overseas. so the reason, for instance, that vestas is in colorado, that's a danish company. the wind industry gravitated to denmark. so this isn't just a matter of tax credits and randian economics. it also hurts the very thing that...