Obamanomics: Spending $2.5 million per job created, losing half a million on each car sold

By: John Hayward  |  April 23rd at 03:15 PM  | 

More wild and crazy adventures in Barack Obama’s command economy, courtesy of the Washington Examiner: It’s more than a little disheartening when the chief executive officer of one of America’s most storied Fortune 500 corporations is “comfortable” with the fact that his company created a mere 10 jobs with a $25 million grant under President Obama’s economic stimulus program in 2010. The CEO in question is | Read More »

Thank Bipartisan Committee Work for Corporate Welfare in Tax Bill

By: Daniel Horowitz (Diary)  |  January 3rd at 06:38 AM  | 

Throughout the tax debate, we heard righteous indignation from both parties regarding the need to close up special interest loopholes in the tax code.  Yet the special interest loopholes were the only items preserved in the cliff tax bill.  The entire package of over $40 billion in corporate subsidies and green social engineering was taken from a Senate Finance Committee Bill, which unfortunately, was supported | Read More »

The Military is Not the Place for Green Social Engineering

By: Daniel Horowitz (Diary)  |  November 28th at 02:50 PM  | 

Morale for our soldiers is the lowest it’s been in decades.  Instead of providing our troops with the best equipment and a decisive mission, we are sullying them with egregious rules of engagement, the homosexual agenda, sensitivity training, and other social engineering activities.  There is one more burden that Obama has added to their list of problems; green energy mobiles! One of the most preposterous | Read More »

Obama’s EPA Continues Handouts for Rich Ethanol Farmers on the Backs of Consumers

By: Daniel Horowitz (Diary)  |  November 16th at 01:32 PM  | 

Nothing exemplifies the failure of Republicans to communicate more than the exit polling data regarding the public’s perception of the cost of living.  A whopping 37% of voters selected ‘rising prices’ as their most important issue in the election, yet amazingly, they split their votes evenly between Romney and Obama.  Hence, the arsonist behind the high prices for food, fuel, healthcare, and every other vital | Read More »

Obama’s Tax Deduction Lie

By: Daniel Horowitz (Diary)  |  October 5th at 10:40 AM  | 

Obama thinks the American people are stupid.  Throughout the debate, Obama regurgitated his talking points about a balanced solution to the debt crisis.  In the process he insulted the intelligence of every voter by intimating that the budget can be balanced by eliminating a few tax credits.  No, he didn’t commit to tackling the tens of trillions in unfunded liabilities to Medicare and Social Security.  | Read More »

False Sense of (Energy) Security

By: Steve Maley (Diary)  |  August 18th at 01:17 PM  | 

Superficially, it would seem that the nation is successfully pursuing the Obama Administration’s stated energy goals of “increasing domestic oil production” and “reducing our dependence on foreign oil.” Domestic oil production has increased, but in spite of and not because of Administration policies. And while our overall oil import demand has declined, our imports from the Persian Gulf states, and Saudi Arabia in particular, have | Read More »

The Finance Committee’s Special Interest Tax Extenders

By: Daniel Horowitz (Diary)  |  August 7th at 11:40 AM  | 

Last week, with the help of Senator Orrin Hatch, the Senate Finance Committee voted to extend dozens of special interest tax preferences for green energy – preferences that are nothing more than subsidies and market distorters.  Included in the $205 billion package is the Production Tax Credit, which subsidizes up to 80% of wind energy production.  Score one for Big Wind! Other special interest handouts | Read More »

Orrin Hatch’s Election Promise Gone With the Wind

By: Daniel Horowitz (Diary)  |  August 2nd at 11:05 AM  | 

Whew!  It’s good the Utah primary is over.  Now Senator Hatch can relapse into his natural modus operandi. As we’ve noted before, at the end of every calendar year, Congress passes a ‘tax extenders’ bill to temporarily reauthorize specific tax breaks that have not been permanently written into law.  Some of these extenders include universal tax cuts such as, the AMT patch, the R&D business | Read More »

Mitt Romney Fans the Flames of Free Market Energy Policy

By: Daniel Horowitz (Diary)  |  July 31st at 10:45 AM  | 

Mitt Romney actually stood for bold colors yesterday.  For conservatives, it should be the biggest story of the week. Conservatives are rightfully focused on the impending tax cliff that is facing American taxpayers at the end of the year.  But we must not forget the subsidy cliff either.  Dozens of special interest tax preferences, known as tax extenders, are slated to expire at the end | Read More »

We’ve Defeated Fred Upton!

By: Daniel Horowitz (Diary)  |  July 24th at 08:40 AM  | 

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 »

Jeff Duncan has a True “All of the Above Approach to Energy”

By: Daniel Horowitz (Diary)  |  July 12th at 07:44 AM  | 

Even as gas prices decline, we must not relent in our pursuit of free market energy solutions.  Gas prices will continue to spike every few months as long as we refuse to increase supply to meet our energy needs.  Moreover, $3.40 per gallon of gasoline – or even $3 per gallon – is too much.  We must not let Obama off the hook for continuing | Read More »

Energy-Water Appropriations Bill Vote Roundup

By: Daniel Horowitz (Diary)  |  June 8th at 08:01 AM  | 

This week, the House debated and passed the FY13 Energy-Water appropriations bill, which primarily funds the Energy Department and agencies within the Department of Interior.  While House leadership claims to support a balanced budget, they are not willing to eliminate the requisite number of programs needed to achieve that goal.  As conservatives, we believe that the entire Department of Energy – except for the nuclear | Read More »

Murkowski Must be Denied Chairmanship of Key Energy Panel

By: Daniel Horowitz (Diary)  |  June 5th at 03:45 PM  | 

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 »

What the Mainstream Media Isn’t Reporting About Solyndra

By: repmorgangriffith (Diary)  |  May 11th at 07:46 AM  | 

Promoted from the diaries. After just a short time in Congress, I find myself more keenly aware of the research and reporting failures of the modern mainstream media.  If a story gets more depth and attention than the typical 10 second sound bite, I admit, I’m surprised.  Solyndra is no different. There are a number of facts surrounding the Solyndra story that don’t seem to | Read More »

For Some Republicans, Free Markets are Gone With the Wind

By: Daniel Horowitz (Diary)  |  April 17th at 09:45 PM  | 

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 »