Posts Tagged ‘Barack Obama’

“Green” Firm Gets Subsidies to Sell Solar Panels to Itself!


Monday March 19th, 2012   •   Posted by David Theroux at 4:18pm PDT   •   2 Comments

In “Firm sells solar panels — to itself, taxpayers pay” in the Washington Examiner, Timothy Carney reports that First Solar has received $17.3 million in corporate-welfare subsidies from the Obama administration and then an additional $455.7 million in loan guarantees from the Export-Import Bank to purchase its own solar panels: A heavily subsidized solar…
Read More »

Previewing the New Obama Budget


Saturday February 11th, 2012   •   Posted by Craig Eyermann at 9:10am PST   •   2 Comments

USA Today reports that the difference between what the federal government under President Obama will have spent in 2012 and how much it will collect in taxes and other revenue sources will be $1.33 trillion: The budget, an outline of which was released by the White House Friday night, will show a higher deficit…
Read More »

Crony Capitalism XL


Tuesday January 24th, 2012   •   Posted by Emily Skarbek at 3:40pm PST   •   2 Comments

Crony capitalism is the theme of tonight’s “State of the Union” address. Warren Buffet’s longtime secretary, Debbie Bosanek will be seated next to Michelle Obama at tonight’s speech. Bosanek has recently become the White House’s new symbol for higher taxes and what the administration terms “economic fairness”. But fairness couldn’t be farther from the…
Read More »

From Brazil, With Love….


Tuesday November 29th, 2011   •   Posted by Craig Eyermann at 7:12am PST   •   3 Comments

How dependent has the United States government under President Barack Obama become upon borrowing money from foreign sources to support its spending? Would you believe the answer is: “enough to exclude a long-time U.S. manufacturer from consideration for a defense contract in favor of a foreign-based manufacturer, despite the U.S. manufacturer having invested considerable…
Read More »

A Look into the Two Sides of the Stimulus Debate


Tuesday August 23rd, 2011   •   Posted by Stephanie Freedman at 8:52am PDT   •   1 Comment

Today, The Economist is facilitating a discussion between the two sides of the stimulus debate. On one side of the spectrum is Richard C. Koo, Chief economist at Nomura Research Institute, who opens his argument with: Monetary policy is largely useless in this type of recession because those with balance sheets underwater are not interested in…
Read More »

The Real Story of Big Government Spending in the U.S. Since 1932


Saturday June 4th, 2011   •   Posted by David Theroux at 11:36am PDT   •   0 Comments

Here is a great video presentation on the gigantic growth of Big Government federal spending and debt in the United States and its impact on the average America:

Obama’s Answer to Higher Gasoline Prices: Raise Taxes


Tuesday April 26th, 2011   •   Posted by David Theroux at 6:43pm PDT   •   0 Comments

Gasoline prices have continued to rise now for 35 straight days. Gas pump prices have climbed for 35 straight days even though industry surveys show Americans have started to drive less. The national average rose by a penny to hit $3.87 per gallon on Tuesday, more than a dollar higher than it was last…
Read More »

What Forced President Obama to the Deficit Cutting Table?


Wednesday April 20th, 2011   •   Posted by Craig Eyermann at 7:44am PDT   •   0 Comments

Last Wednesday, months after rejecting his own presidential commission’s recommendations for reducing the U.S.’s record deficits produced by his administration, President Barack Obama finally offered a plan to deal with the nation’s excessive federal budget deficit. He didn’t do it because he wanted to do it or because he genuinely believes it’s in the…
Read More »

The President’s Reversal?


Monday April 11th, 2011   •   Posted by Craig Eyermann at 11:00am PDT   •   5 Comments

How much has the recent debate over federal spending changed things in Washington D.C.? Consider that at the beginning of the year, both the President and the members of his political party believed that any cuts to their previously proposed levels of spending would be unthinkable. After all, it was only two months ago…
Read More »

Pro-ObamaCare Washington Post and CBS Received Money from Obamacare Slush Fund


Thursday April 7th, 2011   •   Posted by David Theroux at 5:37pm PDT   •   0 Comments

Matthew Boyle at The Daily Caller reports in “Washington Post and CBS receiving money from Obamacare slush fund” that key pro-Obamacare media, corporations, and unions have all received funding from the ObamaCare act: Two mainstream news organizations are receiving hundreds of thousands of taxpayer dollars from Obamacare’s Early Retiree Reinsurance Program (ERRP) — a…
Read More »

Facebook Twitter Youtube RSS

Search MyGovCost