Solyndra’s bankruptcy has put federal spending for green projects under the microscope—and rightly so. Green jobs programs have been a profoundly wasteful use of taxpayers’ money and are doing more harm to the economy than helping it. They don’t even provide the promised grand environmental benefits. It’s important to keep …
The bankruptcy of solar energy company Solyndra is making national headlines and has put President Obama’s green jobs programs under the microscope. Click here to join the chat! We are joined by Heritage’s Energy and Environment Policy Analyst Nick Loris. He is taking your questions about what can really create …
This morning Scribe wrote about the tendency of large government interventions in the economy to nudge private economic actors into the political sphere, where they can curry favor with the people controlling the (massive) purse strings. The video above, via KFAQ Radio in Tulsa, OK, shows billionaire oilman George Kaiser, …
Internal communications and testimonials from former Solyndra employees provide a stunning window into the consequences of federal support for private companies. Political backing, in short, made the company sloppy, wasteful, and spurred it to focus more and more resources on securing federal handouts – even while the company’s everyday business …
Solyndra executives scheduled to testify before a House committee on Friday were likely expecting some tough questions. In general, Republicans will wonder whether their political ties got them favorable treatment from the Energy Department. Democrats will want to know why the company said it was financially healthy mere weeks before …
You wouldn’t know it if you solely paid attention to the mainstream media, but while President Barack Obama attempts to sell the country on hundreds of billions in new stimulus spending and $1.5 trillion in new taxes, his Administration is smack in the middle of several growing scandals: the Operation …
Two Solyndra executives slated to testify before a House committee Friday have announced they will invoke their Fifth Amendment rights against self-incrimination and refuse to answer any of the committee’s questions. The two had previously told the committee they would not plead the Fifth if they could push back the …
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe FACT CHECK: Are rich taxed less than secretaries? – Stephen Ohlechmacher, Associated Press Billionaire Backer Disputes Charges That Company Sought White House Help to Influence Testimony – James Rosen, FoxNews.com …
