Posts Tagged ‘Energy’

Crony Capitalism and Phony Energy


Thursday February 16th, 2012   •   Posted by Emily Skarbek at 6:52am PST   •   0 Comments

A revolving door between green energy firms and the Department of Energy is a prime example of crony capitalism in full swing. As the Washington Post reports, rent-seeking businessmen like Sanjay Wagel are going where the money is. Following an enduring Washington tradition, Wagle shifted from the private sector, where his firm hoped to…
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Interest Payments on U.S. Government Debt Are on Track to Bankrupt America


Monday June 13th, 2011   •   Posted by David Theroux at 2:20pm PDT   •   5 Comments

This video, “Brother, Can You Spare a Trillion? Government Gone Wild!”, has now had over 2.7 million views on YouTube. It summarizes the gigantic threat that U.S. government debt poses for America, with annual interest payments alone this year totaling more that all federal spending for the combined costs of the departments of Commerce,…
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