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  • Monthly Archives: November 2011

    DOE Inspector General Raises Doubts About Solyndra Loan Program

    Department of Energy

    The Energy Department’s Inspector General has recommended that the loan guarantee program that financed Solyndra be placed on a department “watch list.” The IG’s report raises concerns over the “exposure to risk” created by the program, but stops short of recommending its repeal. Solyndra secured a $535 million loan guarantee … More

    Income Inequality and the Founding Fathers

    founders

    What did America’s founders say about economic inequality? Rather than unload statistics about the reality of inequality in America today, which we have done on other occasions, this post considers inequality based on the economic principles on which our republic was founded. These principles remind us why economic inequality is … More

    Devastating Defense Cuts Loom, Panetta Warns

    panetta-senate-testimony-11-6-9

    What happens if the “super committee” fails to meet its target of $1.5 trillion in budget savings by Thanksgiving and sequestration is triggered? It would spell doomsday for the military, Defense Secretary Leon Panetta warns. In letters sent to Senators John McCain (R-AZ) and Lindsey Graham (R-SC), Panetta said that under the … More

    Goodbye to Venezuela’s Globovision?

    Hugo_Chavez090219

    On October 7, 2012, the Venezuelan people will have the opportunity to elect a new president. In the months leading up to the election, Venezuelans are sure to hear plenty of campaign rhetoric from the unabashed President Hugo Chavez, but the question is: How much will they hear from the … More

    Court To Hear Obamacare Challenge: What It Means

    Supreme Court

    It’s official. The Supreme Court will consider challenges to Obamacare stemming from the Eleventh Circuit decision striking down the law’s individual mandate. In that case, 26 states and the National Federation of Independent Business (NFIB) partially won their suit, claiming that the Patient Protection and Affordable Care Act (PPACA) should be … More

    Nine Companies Financed by Liberal VC Firm Get Taxpayer Backing

    Al Gore at Copenhagen

    Scribe has reported extensively on the tendency of large government spending projects to reward the politically connected. It’s a virtual constant of federal interventions in the market, and perhaps nowhere is it more evident than in the Obama administration’s “green jobs” push. Writing on National Review Online today, I detail … More

    Canada: U.S. Delaying Pipelines Means We'll Go Elsewhere

    canadian-american-flags-border-crossing-blaine-vancouver

    Canada exports almost all of its energy to the United States, but because of resistance from the Obama Administration to approving the construction of the Keystone XL pipeline, that could soon change. Canadian Prime Minister Stephen Harper told President Obama that as the U.S. delays, Canada will begin diversifying by … More

    Solar Flares Remind of Greater Dangers

    solar-flare-11-3-11

    Last Thursday, the earth experienced a powerful solar flare, one of the most powerful types of storms that the sun can create. According to NASA, this flare “triggered some disruption to radio communications on earth beginning about 45 minutes later.” A massive solar event could create disturbances that are far … More

    The Individual Mandate: A Step Closer, but the Fight Against Obamacare Must Continue

    bill

    As expected, the Supreme Court has decided to take up the court cases challenging Obamacare’s individual mandate and the question of whether the whole law should be struck down if the Court finds the mandate unconstitutional. This is another important step toward undoing this unpopular and unworkable health care law. … More

    Morning Bell: The Fall of the USSR and the Debate over Russia

    ReaganBerlinWall

    Twenty years ago, the world watched the Soviet Union fall. The regime that was “planted by bayonets,” as President Ronald Reagan once described it, did not take root, and ultimately the empire that once walled itself off from the West with an Iron Curtain could not shield its people from … More