Obama's Energy Plan: Toss Taxpayer Money to the Wind (Subsidies)

In his quest to create a United States powered by so-called green (read: expensive) energy, President Obama has created an elaborate shell game. Here’s how it works: First, the federal government gives tax credits to its favored energy sources. This has the effect of artificially lowering the price to give the illusion that it is…
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Taxpayer-Backed Green Energy Companies Pay Out Big Bonuses to Execs

President Obama’s green energy loan program has caused us some serious heartburn. It never feels good to watch tens of billions of dollars our taxpayer dollars go to dubious green energy companies simply because Obama made a speculative bet, decided to go “all in,” lost, and has been gambling wildly ever since. From Solyndra, which…
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Obama's Attack on Nonexistent Oil "Subsidies" Threatens to Drive Gas Prices Higher

There are some myths that just won’t die. The idea that we only use 10 percent of our brain, that searing meat seals in juices, that camels store water in their humps, or that Einstein flunked math, are all tall tales that society cannot seem to let go of regardless of the evidence in front…
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Benevolent Authoritarianism: Obama Now Decides What Is and Isn't Fair

“Even the striving for equality by means of a directed economy can result only in an officially enforced inequality – an authoritarian determination of the status of each individual in the new hierarchical order.” – Friedrich von Hayek in “The Road to Serfdom” If President Obama’s State of the Union is any indication, the United…
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Top 5 Bad Ideas from President Obama's State of the Union

If bad ideas were jobs President Obama would have just solved the unemployment crisis. Sadly, they’re not. They’re just bad ideas, which means unemployment is staying high and Republicans have their work cut out for them. Here’s our Top 5 Bad Ideas from the 2012 State of the Union, let us know what we missed…
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CBS News Identifies 11 More Solyndra's

Solyndra has come to embody everything that is wrong with government. A powerful politician, even one with the best of intentions, announces some ill-thought out plan to spend vast sums of taxpayer money to accomplish some campaign promise or far-flung dream. Understanding this to be free money, businesses line up at the opportunity. But not…
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Obama Rolls Snake Eyes With Green Gambles

“We need to deploy American assets, innovation, and technology so that we can safely and responsibly develop more energy here at home and be a leader in the global energy economy.” – The White House’s “Securing American Energy” Plan As it turns out, that statement requires a little decoding. Deploy = Redistribute American assets =…
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