18 August 2012 0 Comments

Obama Administration’s Outsourcing Dept of Energy Finances Finland Jobs

Fisker Automotive took $529M in taxpayer loans and outsourced the manufacturing to Finland.  Here’s what the Fisker CEO said. “We’re not in the business of failing; we’re in the business of winning. So we make the right decision for the business,” Fisker said. “That’s why we went to Finland.”  READ MORE Trade Reform 21 October […]

12 November 2011 0 Comments

Crony Capitalism: The Network – Steven Spinner – Jonathan Silver

Crony Capitalist Network – fund-raisers, lawyers, politically connected Steven Spinner bio – The Social Enterprise Conference Harvard Feb 2010 “Steve Spinner is the Loan Programs Advisor in the Office of the Secretary in the U.S. Department of Energy focused on implementation of the Amer ican Recovery and Reinvestment Act.” The adviser, Steve Spinner, was a […]

27 August 2011 0 Comments

Energy Subsidies Part 2: Subsidizing Jakarta – Department of Energy and Department of Environmental Protection

Subsidizing Jakarta –  and China On Friday, the House Energy and Commerce Committee delivered a subpoena to the Office of Management and Budget (OMB) ordering the disclosure of documents related to the $535 million loan guarantee the Department of Energy gave to Solyndra Inc. This firm has been dear to Democratic luminaries, from Energy Secretary […]

26 August 2011 0 Comments

Energy Subsidies Part 1: How Much Does It Cost The Forgotten Taxpayer

Cheap gas. Energy independence. More power from wind and solar. Many Americans want these things, but do they want to pay for them with tax dollars? According to figures from the Energy Information Administration, oil and gas subsidies compute to about 25 cents per megawatt hour, while wind and solar is about $24. Here’s a […]

26 July 2011 0 Comments

Big Business is Not The Forgotten Taxpayer’s Friend: Ethanol Subsidies Dept Energy

Tim Carney of the Washington Examiner has been a reliable critic of debilitating effects of Ethanol Subsidies in misdirecting resources toward government sponsored enterprises to the detriment of useful productivity that raises standard of living of all. Using the resources of all to benefit a government favored few is an economic strategy of Statists. Individual […]