What's Hot
12/04/2013 - 09:01

Fisker logoFisker Automotive declared bankruptcy last week, inspiring the eternally optimistic Obama Department of Energy to crow about its achievements again.

“Recognizing that these investments would include some risk, Congress established a loan loss reserve for the program, and the Energy Department built in strong safeguards to protect the taxpayer if companies could not meet their obligations,” Bill Gibbons, an agency spokesman, said in an e-mail to Bloomberg News. “Because of these actions…the Energy Department has protected nearly three-quarters of our original commitment to Fisker Automotive.”

2,387 reads
12/03/2013 - 19:50

Mardi Gras CasinoThey're called "neutrality agreements." Their supporters say they promote labor peace during union organizing drives. Yet too often these pacts grant a union a blank check to box in a targeted employer. Fittingly, not all workers are happy about this. On November 13, the U.S. Supreme Court heard arguments over the extent to which federal law allows a union to use a neutrality agreement to extract concessions. The case, UNITE HERE Local 355 v. Mulhall et al., has its origins in a complaint by an employee of a Florida dog track-casino following the employer's agreement with the union in 2004.

2,092 reads
12/02/2013 - 12:42

Duke Energy turbineLast week’s punishment/settlement between the Department of Justice and Duke Energy over bird deaths caused by its wind turbines gives evidence that the Obama administration needed a scapegoat, to defuse accusations that it applies a double-standard in enforcement of wildlife laws.

The Friday before Thanksgiving both parties announced that Duke would pay $1 million for the deaths of more than 160 birds that are protected by the Migratory Bird Treaty Act. The incidents occurred over the last four years at two Wyoming sites operated by the utility’s Duke Energy Renewables subsidiary.

2,323 reads
11/25/2013 - 12:34

Tesla fireAfter three recent fires, Tesla Motors CEO Elon Musk said he asked the National Highway Traffic Safety Administration to investigate its Model S.

NHTSA said no he didn’t.

1,872 reads
11/24/2013 - 07:58

money down the drainIt appears the time has finally come for the Obama Administration to end taxpayers' forced investment in General Motors. Reports continue to roll in that Treasury is expected to sell its remaining stake by year-end. Of course, the news will be trumpeted as a great success by those responsible for the heist that cost taxpayers (along with creditors and shareholders of old GM) billions of dollars.

3,332 reads
11/22/2013 - 10:34

Volt and AkersonI have to hand it to General Motors and those Chevy Volt supporters who continue to come up with creative ways to espouse the virtues of the slow selling and heavily subsidized vehicle. They just won't give up. The latest figures being presented in political fashion utilize large numbers that, on the surface, appear impressive. When analyzed, the figures give more insight into just how much taxpayer money is being wasted on green subsidies, particularly on electric vehicles (EVs). Sound the trumpets! According to Green Car Reports, the Chevy Volt has saved 17 million gallons of gas to date.

2,792 reads
11/20/2013 - 11:30

solar panelsThe survival of wind and solar energy, like electric vehicles, is wholly dependent on coerced wealth transfers by government from the private sector (i.e., taxpayers) to the renewable industry. This distorted “economic sector” could only exist under political practices such as Communism at worst, and crony-favoring corporate welfare at best.

2,128 reads
11/18/2013 - 10:34

Obama and MuskTesla CEO, Elon Musk, seems to have reached cult status with green ideologues, as well as with many in the media. Musk's name often goes hand in hand with descriptive monikers like "visionary" and "genius." Of course, what Musk is really a genius at is getting politicians to fund his private businesses ventures with taxpayer money so they don't have to make a profit.

It might be time to step back and ponder just how genius Musk's latest idea is; which is for Tesla to compete with Ford's best selling F-series trucks by offering up an electric pickup truck.

2,572 reads
11/13/2013 - 19:22

Home care worker and patient State governments are becoming effective union organizers. Several employees in Illinois, unhappy over the prospect of being forced to subsidize such an arrangement, are pushing back. And they've got themselves an audience at the highest level. On October 1, the Supreme Court agreed to hear an appeal by a group of home care providers objecting to an executive order issued in 2009 by Illinois Democratic Governor Pat Quinn that reclassified their status as "state employee," so as to bring them under union representation. The class-action case, known as Harris v. Quinn, will test the High Court's willingness to build on its Knox v. SEIU ruling of last year, which held that a California Service Employees union could not force covered nonunion employees to pay fees to support its political activism.

3,096 reads
11/12/2013 - 17:08

American Argentine moneyThe United States is broke. The federal government has to borrow 40% of each dollar it spends. We send billions to lending institutions, most of all, the World Bank, to which the American taxpayer is the biggest contributor. Yet this debt load may be on the verge of increasing. The government of Argentina currently is demanding a $3 billion loan from the World Bank. Argentina makes for an unreliable debtor. Burdened by decades of corruption, nationalization and devaluation, Argentina has a long history of refusing to pay its debts.

20,766 reads
Syndicate content