In This Barrel, We Keep the Pork

At RealClearMarkets, Adams Capital Management's Bill Frezza says that the Massachusetts Life Sciences Initiative is a warning -- he calls the LSI "pork festooned with countless earmarks"-- of what is to come from public-private partnerships. He worries that the new challenges of clean energy and advancing the healthcare system will meet the same fate. "There will be no real Change until each of us confronts the shortcomings in ourselves, rejecting the temptation to serve as willing accomplices in a game rigged to serve only our gamemasters be they Red, Blue, or Green," Frezza says.