According to a report in USA Today, venture capitalists are throwing tons of money into clean and “Green” technology companies. In fact, investor Alan Salzman of VantagePoint Capital Partners says, “It's not alternative: We think of it as mainstream."
How mainstream? The newspaper says:
Several venture capitalists interviewed say it could be hundreds of billions of dollars — if not more — when adding up various slices, such as wind (estimated $60 billion) and solar ($20 billion to $30 billion).
When President Obama in March 2010 signed the Patient Protection and Affordable Care Act (P.L. 111-148), the nation's most expensive social legislation in decades, he announced, "The bill I'm signing will set in motion reforms that generations of Americans have fought for and marched for and hungered to see." Yet what the law seems to have set in motion is a rush to obtain exemptions from group coverage requirements.
The Barack H. Obama Foundation no longer states on its website that contributions are tax deductible. It has also stopped using an Arlington, Virginia address that we found to be a mail-forwarding service. The only address it now uses is in Kenya.
These changes are in apparent response to our May 8 request of the Internal Revenue Service to investigate the Foundation, named for President Obama's father, and founded by his half-brother Abon'go Malik Obama. We alleged that the Foundation never applied for tax-deductible status and has never filed an IRS Form 990, the annual tax return for nonprofit organizations.
Whether the preferred term is "affirmative action," "diversity" or "quotas," the nation continues its long march, and with remarkably little political opposition, toward mandatory equality in outcomes by race and sex. The unrelenting nature of this trend is evident in a 36-page report issued last month by the Congressional Research Service (CRS).
Last month NLPC reported that Duke Energy CEO James Rogers faced increasing questions about his leadership, in part because of conflicts of interest with top company officials and the Indiana Utility Regulatory Commission. Now the state’s Ethics Commission has fined a former top lawyer at IURC because he discussed a potential job with Duke while he participated in cases that would determine cost recovery for the utility’s controversial Edwardsport coal gasification plant.
Today we are asking Republican presidential candidate Newt Gingrich to repudiate Al Sharpton. Gingrich appeared around the country in late 2009 as part of something called the Education Equality Project. At that time, we asked Gingrich to sever ties with Sharpton, only to be ignored.
Now that Gingrich has gone from private citizen to candidate, he must be made accountable for his associations. As Dr. Carl Horowitz of our staff has documented in our 2009 Special Report titled Mainstreaming Demagoguery: Al Sharpton's Rise to Respectability, Sharpton has promoted fake hate crimes against blacks, and has inspired racial antagonism against whites and Jews.
As the Department of Labor's top cop, Paul Tiao would have been uncomfortably close to the unions he would investigate. That's why he didn't get the job. Last Monday on May 9 President Obama withdrew Tiao's name from consideration as DOL Inspector General (IG) rather than subject him to a Senate Judiciary Committee grilling or install him via one-year recess appointment.
On Friday, I again appeared on Follow the Money with Eric Bolling on Fox Business Network to discuss our IRS Complaint against the Barack H. Obama Foundation. Eric talked to Obongo Obama, the President's brother, who Juan Williams called a "small time guy." Here's a transcript:
The decision last month by the National Labor Relations Board (NLRB) to side with a union trying to block Boeing Co. from operating in South Carolina has entered a new stage: the U.S. Senate. And the implications extend far beyond South Carolina. Last week, on May 12, Senators Jim DeMint, R-S.C., Lindsey Graham, R-S.C., and Lamar Alexander, R-Tenn., introduced a bill, the Job Protection Act (S. 964), to bar the board from overriding an employer's decision to site a facility in a particular state. The measure, which has at least 34 co-sponsors, is a rebuke to NLRB Acting General Counsel Lafe Solomon's complaint against Boeing on April 20 that the company had acted unfairly against the International Association of Machinists and Aerospace Workers (IAM) in opening a facility near Charleston, S.C. to build its planned "787 Dreamliner" jet.
General Motors recently announced a couple of more ways to freely spend taxpayer money. While GM boasts of "investing" in politically-correct "green" initiatives and makes misleading job "creation or preservation" claims, shareholders continue to be neglected as share price languishes below the IPO price. Although GM seems to dislike the nickname of "Government Motors", its actions belie the company's perceived desire to run a profitable, publicly-owned corporation.