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    Congressman May Subpoena DOE on Stimulus Funding for Ecotality

    The Energy Department has yet to comply with a congressional request for information on a stimulus-backed company under investigation for insider trading and facing serious financial difficulties. Rep. Andy Harris (R-MD), who chairs the House Energy and Environment Subcommittee on Science, Space, and Technology, asked Energy Secretary Steven Chu for … More

    Obama's Crystal Ball Wrong on Unemployment Once Again

    A little over three years ago, President Barack Obama’s advisers released a chart that purported to predict the future. With the President’s almighty stimulus, they said, unemployment in America would plummet. And the President promised that unemployment would never rise above 8 percent. Well, they were wrong. In the chart … More

    Ecotality Examined: Big Executive Bonuses as DOE Keeps Company Afloat

    The final part of a three-part series. As Scribe noted in part two of our series on Ecotality, a company spokeswoman claimed in 2010 that federal support for the company was indicative of the success of the stimulus package. But was Ecotality really a good bet for taxpayers? In addition … More

    Ecotality Examined: For Electric Vehicle Company, Politics is Business

    Part two of a three-part series. Ecotality “is a great example of the stimulus act doing what it was supposed to do,” explained company spokeswoman Jeanine L’Ecuyer in May of 2010. “ETEC was teetering. It was a company trying very hard to stay in business. This grant has created jobs … More

    Ecotality Examined: SEC Subpoena for Stimulus-Backed Company Revealed

    Part one of a three-part series. Scribe has obtained a copy of a Securities and Exchange Commission subpoena sent to Donald Karner, former CEO of Ecotality North America (formerly called eTec), the subsidiary of a company that recieved roughly $115 million in stimulus grants to manufacture charging stations for electric … More

    Congressman Seeks Answers on Stimulus-Backed Company Ecotality

    Congress is asking questions about a stimulus-backed electric vehicle company that received millions in taxpayer dollars even after the Securities and Exchange Commission opened an investigation into the company for insider trading. Ecotality, which manufactures charging stations for electric vehicles, was hit with an SEC subpoena in October 2010, a … More

    SEC Subpoenad CEO of Stimulus-Backed Electric Vehicle Company

    The Securities and Exchange Commission filed a subpoena against electric vehicle company ECOtality in October of 2010, requesting documents relating to its investigation into insider trading by some of the company’s top executives. The name of at least one of those individuals has now been revealed. ECOtality is a poster … More

    Stimulus Dollars Disproportionately Went to States Represented by Dems

    According to a new report on President Obama’s stimulus package and its effect on the economy, the amount of stimulus money that went to each state was correlated with the number of Democrats in each state’s congressional delegation. The data is revealed in a new book by Grover Norquist, president … More

    WaPo Admitting Keynesian Stimulus Failed?

    Does unprecedented deficit-spending such as on highways stimulate the economy? For the last few years, some have argued it could. Some have argued it might. Some have argued it would if done right. We have consistently argued that deficit spending on highways or anything else intended to lift aggregate demand, … More

    Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce

    President Obama used a weekly address in July 2010 to tout his stimulus package’s support for the solar industry. One of the companies he mentioned specifically, Abound Solar, just announced that it will lay off 70 percent of its workforce. Abound would “creat[e] more than 2,000 construction jobs and 1,500 … More