On Tuesday, Fred Upton, the Republican godfather of green energy social engineering, spearheaded passage of the “No More Solyndras Act” (H.R. 6213) through the Energy and Commerce Committee. This bill would bar DOE from granting loan guarantees to any company that filed its application after December 31, 2011. What a better way for the author of the incandescent light bulb ban to end off the | Read More »
Well, not exactly. Fred Upton has defeated Fred Upton. As the primary season progresses, we’ve see this pattern repeat itself on numerous occasions. There’s an old bull Republican who has been pushing for big government and anti-free-market policies for years. Then, as soon as his primary opponent begins to sow the seeds of disquiet in his district, the old bull lurches to the right, introduces | Read More »
Last week, Senator Jim DeMint said the following regarding the stakes between Ted Cruz and David Dewhurst in the Texas Senate race: “A Republican majority is pointless if it isn’t achieved w/ conservatives who will fight to stop the spending and debt.” His comments cannot be more oracular. If we win back control over the Senate, yet keep the same leadership intact, we will be | Read More »
One of the most appalling features of Obama’s presidency is the expansion of green venture socialism on behalf of corporate cronies who helped finance his campaign. Obama’s use of stimulus funds to distort the energy market with subsidies and loans to unprofitable solar energy companies has become the hallmark of his presidency, and it has theoretically provided us with a potent political weapon. Yet for | Read More »
As Republicans, we have ridiculed Obama’s stimulus, bailouts, picking winners and losers, crony capitalism, Keynesian economics, European-style socialism, and Solyndra-style loans. Yet, there might only be 50 Republicans in the House who are willing to block a GOP effort to reauthorize a New-Deal policy that represents all of the aforementioned vices. Roll Call is reporting that Eric Cantor is negotiating with Steny Hoyer in an | Read More »
If I were pressed to offer one anecdote exemplifying our failure to elect consistent conservatives to Congress last November, the story of Senator Jerry Moran and Big Wind would be at the top of the list. In 2010, then-Congressman Jerry Moran beat former Congressman Todd Tiahrt for the Republican nomination for Senate in Kansas running as a red meat conservative. He easily won the seat | Read More »
The annual federal budget is a whopping $3.6 trillion, but that figure fails to capture the true burden of government on taxpayers. There are a number of GSEs (government sponsored enterprises) that are considered off budget. Politicians use off-budget entities like Fannie Mae, Freddie Mac, and the Postal Service to obfuscate the true cost of government. Additionally, the government runs a number of credit programs, | Read More »
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