Question for GOP Leaders: How long halt ye between two opinions?
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 »
American Superconductor Examined
From the diaries… Foreign Firms Take Millions in Recovery Act Cash April 3, 2012 — Since 2009, a wind-power company in Devens, Mass. has taken $21.7 million in Recovery Act awards, sent the bulk of that taxpayer-funded stimulus to French firms, fallen victim to industrial espionage and fired American workers. American Superconductor was once a paragon of so many promising alternative energy companies, a shining | Read More »
FCC Favored White House Linked LightSquared
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Matthew Boyle to discuss FCC favoritism toward broadband company LightSquared, the firm’s ties to Obama, and the continual culture of corruption at the White House. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email | Read More »
Quash the Ethanol Beast in Honor of Iowa Caucuses
As the clock struck 12 am January 1, one of the most anti free market government interventions expired without renewal and without fanfare. In honor of the Iowa Caucuses, we can now declare that the ethanol subsidies and tariffs are finally dead. However, before we celebrate this rare piece of good news, we must remember that in order to deracinate the ethanol beast from our | Read More »
Work for Obama, Get a Federal Contract, and Watch Left-Wing Pseudo-Journalists Roll Over and Purr
Solyndra, Lightsquared, and now Solayzme are all companies that are closely connected to the Obama campaign and all got government money. While the Obama Administration has been attacking Republicans as “crony capitalists” and using an army of left-wing pseudo-journalists to make the attacks, the Obama Administration has been rewarding campaign friends with government contracts. In Barack Obama’s America, he, not the marketplace, picks the winners | Read More »
Obama administration gives $433m no-bid contract to Democratic donor.
The last time I checked, didn’t the Left call this sort of thing ‘crony capitalism?’ Over the last year, the Obama administration has aggressively pushed a $433-million plan to buy an experimental smallpox drug, despite uncertainty over whether it is needed or will work. Senior officials have taken unusual steps to secure the contract for New York-based Siga Technologies Inc., whose controlling shareholder is billionaire | Read More »
Hold the Line Against Venture Eco-Socialism in the CR
No wonder Democrats casually disregard our budget crisis. They have a penchant to drop zeros from government expenditures! Last month, Democrat congressional candidate Dave Weprin thought that the national debt stood at $4.0 trillion. Now Harry Reid has filed cloture on his version of the FY 2012 CR that has a missing zero from some of the disaster aid expenditures. According to CQ Politics, Reid’s | Read More »