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  • 'Smart Grid' Manufacturers the Next 'Green' Sector Under Fire

    Government-backed solar companies have taken a beating over the last few months, with Solyndra garnering most of the attention. But since the solar company’s bankruptcy in late August, another sector of the “green economy” has moved to the edge of a financial cliff: the renewable electricity grid. Like Solyndra, a … More

    Report Alleges White House Hypocrisy on Executive Compensation

    House investigators are alleging a White House double standard in its rhetoric toward executive compensation for large financial institutions. The allegations appear in a report released in advance of a hearing on government-back housing giants Fannie Mae and Freddie Mac. President Obama ramped up the populist rhetoric in 2009 with … More

    DOE Inspector General Raises Doubts About Solyndra Loan Program

    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

    Nine Companies Financed by Liberal VC Firm Get Taxpayer Backing

    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

    New York Business Owners to Counter-Protest 'Occupy Wall Street'

    Scribe reported last week on the extensive damage to small businesses wrought by the “Occupy” protests being staged around the country. In lower Manhattan, business owners are fighting back. Having been forced to endure nearly half a million dollars in lost revenue, they are planning to stage a counter-protest. At … More

    Report: 80% of DOE Green Energy Loans Went to Obama Backers

    A new book by Hoover Institution fellow Peter Schweizer details the startling extent of the cronyism that has pervaded President Obama’s “green jobs” push. According to Schweizer, 4 out of every 5 renewable energy companies backed by the Energy Department was “run by or primarily owned by Obama financial backers.” … More

    'Occupy Wall Street' a Blight on Main Street

    “Occupy Wall Street” protesters claim to be fighting for the disenfranchised members of Main Street America. But their protests are exacting a significant toll on businesses in the cities where they have set up camp. Oakland has been hit hardest. A week after “Occupy” protesters there rioted, vandalizing local businesses and clashing … More

    Leaked Emails Fuel Perception of Cronyism in Solyndra Loan

    In a move that is sure to intensify the already testy exchanges between the White House and congressional investigators, the House Energy and Commerce Committee today released a series of emails showing that Obama donor and Solyndra investor George Kaiser explicitly mentioned the now-bankrupt solar company in talks with administration … More

    Meet the Radical Group Handling 'Occupy Wall Street' Finances

    Shortly after the Occupy Wall Street protests gained national attention, donations from supporters began pouring in. Lacking the infrastructure to manage the hundreds of thousands of dollars reportedly donated, the protest group enlisted the services of a non-profit organization called the Alliance for Global Justice. The group takes a 7 … More

    Hutchison: Measure to Block Internet Regulation Is a Jobs Bill

    The Senate is slated to take up a resolution of disapproval next week that would prevent the Federal Communications Commission from regulating the Internet. With the economy still dominating the national political agenda, Senate Republicans are pointing to the measure’s expected impact on job growth. Net Neutrality regulations, explained Sen. … More