George Soros, a billionaire investor and major backer of President Obama, stands to reap a windfall from legislation promoting natural gas-powered vehicles. The White House unveiled a proposal on Thursday that would do just that. The proposal would offer incentives for companies to buy and use trucks powered by natural gas. Obama announced the effort at a UPS facility in Las Vegas that received stimulus funding to buy natural gas vehicles and build a fueling station for them. The proposal is remarkably similar to the New Alternative Transportation to Give …
The true colors of the Occupy Wall Street movement are starting to shine through, both in actions and affiliations. The picture that is developing is one of increasing violence married with extremist affiliations that is anything but representative of the 99 percent of Americans the movement claims to stand for. On Friday night in Washington, D.C., the Occupy protests turned violent when activists marched on the city’s convention center in opposition to an annual summit held by the conservative Americans for Prosperity Foundation. Forbes reports on the conflict: Occupiers, many of …
The blogosphere is picking up on the Left’s hypocrisy regarding their claims of astroturfing protesters at health care town halls the past few weeks: So I received an email/comment this morning about a craigslist ad soliciting health care activism for money. “Activism for money,” I thought!! Was this it at last? The missing link Democrats have been searching for? Obamacare opponents turning up at town halls really are a mob? Nope, just one of thousands of advertisements calling for activists to help in “urgent grassroots campaigns” because “we need people …
…then how can we trust them to better manage the economy? A few weeks ago famed currency speculator George Soros made news complaining that financial regulators had been “consistently behind the curve” during the unfolding financial crisis. But why is Soros surprised? It seems that “behind the curve” is one of Soros’ favorite phrases, and he applies it frequently to central bankers. Among those Soros has charged with being “behind the curve” are the Bank of England (April 2008), the U.S. Federal Reserve (January 2008), central banks in general (in …
Liberals are so ecstatic over the recent financial crisis that they have lost all contact with reality. Witness Harold Meyerson in The Washington Post: In 1949, a number of famous writers, among them Arthur Koestler, André Gide, Richard Wright, Stephen Spender and Ignazio Silone, wrote essays explaining why they were no longer communists. The essays were collected in a volume entitled “The God That Failed.” Today, conservative intellectuals might want to consider writing a tome on the failure of their own beloved deity, unregulated capitalism. The fall of the financial …
