�Solyndra�s power solutions offer strong return on investment and make great business sense.� That is a rather strange claim for the website of Solyndra Inc., accessed on August 29, 2012 no less. Some history is in order. Solyndra was the first renewable energy firm to get federal stimulus money and bagged $535 million in…
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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…
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The New Hampshire Union Leader reports that the U.S. Department of Agriculture has awarded the University of New Hampshire and outside researchers funding of $700,000 in corporate welfare to create “a computer model to help organic dairy farmers cut greenhouse gas emissions such as methane, because Beano probably isn’t an option.” Nitrogen- and carbon-based…
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In a new article in the Washington Post, “Obama’s electric-car cult,” Charles Lane reveals how the massive subsidies for electric cars by the federal government “serve no particular purpose, environmental or economic”. The article cites: [A] new, 72-page report by J.D. Power and Associates, “Drive Green: The Global Automotive Industry Outlook” that confirmed, in…
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As the Wall Street Journal reports in an article, “The Ethanol Bailout: EPA does the industry another big favor,” the Environmental Protection Agency has stepped in to expand the pork for ethanol producers: Scenes from a bailout: Last week, the Environmental Protection Agency decided to make the ethanol lobby’s guaranteed “market” even larger. Shares…
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Mark Hemingway comments in the Washington Examiner on a report in the New York Times that with 10% unemployment, the National Science Foundation (NSF) has awarded a theater company with a grant of $700,000 to produce a stage play to “educate” the public regarding the claims of global warming. “One in 10 Americans are…
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