The New York Times reports on another Department of Energy green energy loan going bad. This one involves Nevada Geothermal Power, which generates electrical power using near-surface geothermal heat. After $79 million in loans and $66 million in outright grants, the company’s auditor has concluded that there is significant doubts about its ability to continue as a going concern. In this case, Nevada Geothermal was | Read More »
When it comes to cutting budgets, everything is on the table with the Democratic leadership of the Senate. Absolutely everything, everything, up to and including cowboy poetry festivals. Or maybe not. “The mean-spirited bill, H.R. 1, eliminates National Public Broadcasting,” said Reid in a floor speech. “It eliminates the National Endowment of the Humanities, National Endowment of the Arts. These programs create jobs. The National | Read More »
President Obama and Senate Democrats have recently floated the idea that it’s time to get rid of the filibuster. So the argument goes, the filibuster is an anti-democratic obstacle that prevents good government and rule by the will of the people. It’s a valid point. Come to think of it, the Senate is chock-full of anti-democratic anachronisms. First off, two senators represent each state, regardless | Read More »
As reported by Politico, Harry Reid has decided not to advance the Democrats’ Senate energy bill prior to the body’s scheduled August recess. The matter will be reconsidered when the Senate returns after Labor Day. Senate Democrats punt on spill bill “It’s a sad day when you can’t find a handful of Republicans to support a bill … that would hold BP accountable for the worst | Read More »
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