�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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In a new report from the Washington Post, “The Influence Industry: Obama gives administration jobs to some big fundraisers,” T.W. Farnam reports that while Obama campaigned on �the most sweeping ethics reform in history� and has criticized money in politics: More than half of Obama�s 47 biggest fundraisers, those who collected at least $500,000…
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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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There is a lot to not like about the Patient Protection and Affordable Care Act (PPACA, a.k.a. “ObamaCare”), but now that the federal government is spending money allocated by the health care reform law, there’s perhaps even more to not like about it! We’re referring to more than $1.789 billion dollars of corporate welfare…
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Through the Freedom of Information Act, Judicial Watch has obtained copies of Treasury Department documents that show that President Obama’s Compensation Czar (“Pay Czar”), Kenneth Feinberg, received an annual GS-15 salary of $120,830, contrary to the claims that he was unpaid. “Jill Farrell, a spokesman for Judicial Watch, said her organization had sought clarification…
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