Liberals in Congress pushed forward with an unsustainable new entitlement program, internal emails show, and dismissed repeated warnings from federal health care experts that it would be an “insurance death spiral,” as one official put it. The emails, released by congressional investigators, reveal that proponents of the Community Living Assistance …
A top congressional investigator said on Tuesday that he believes more companies that benefitted from the stimulus bill’s renewable energy loan guarantee program will go bankrupt before all allotted funds are spent. The program, which guaranteed a $535 million loan to Solyndra before the company declared bankruptcy last week, still …
The House of Representatives’ lead investigator into federal loans given to bankrupt solar company Solyndra will preview his hearing on the issue in a discussion at the Heritage Foundation on Tuesday at noon. Speaking at the weekly Bloggers Briefing, Rep. Cliff Stearns (R-FL), who chairs the Energy and Commerce Committee’s …
It was sadly ironic that Texas energy company Luminant announced it would lay off 500 employees on the same morning that President Obama unveiled legislation designed to promote job growth. The company said that a new rule from the Environmental Protection Agency will force it to cease operations at two …
Five years ago ABC aired “The Path to 9/11,” a five-hour docudrama that explained how terrorists plotted to attack America on that frightful September morning in 2001. The movie sparked protests and attempts to stop ABC from showing it. Former President Bill Clinton was among those most displeased. As America …
During the president’s Thursday speech on his new jobs proposal (which, as of yet, does not actually exist on paper), Rep. Jeff Landry, a Republican freshman from Louisiana, staged a bit of silent activism. Photos of the congressman show him holding a sign displaying a simply message: “Drilling = jobs”. …
Incidents of union violence rarely reach the level they did in Seattle, WA, Thursday morning. Upset the Port of Longview had hired contractors from a different union, 500 members of the International Longshore and Warehouse Union, brandishing baseball bats and crowbars, stormed the port and held six security guards hostage. …
If the pace of Gulf oil drilling permit awards does not increase, as many as 20 drilling rigs could soon leave the Gulf, a major investment bank announced. BER Capital Investments called the current rate of permitting unsustainable in a report released Wednesday. BER’s report noted that the slow pace …
The politically connected solar firm that announced its impending bankruptcy last week was raided by federal agents this morning as part of a joint investigation between the FBI and the Energy Department Inspector General’s office. The company, Solyndra Inc., had received significant favorable treatment from the Obama administration. One of the company’s …
