Author Archive: David Theroux

David J. Theroux is Founder, President, and Chief Executive Officer of The Independent Institute.
Full biography and recent publications

U.S. Government’s Ethanol Boondoggle Raising Food Prices Worldwide


Thursday August 16th, 2012   •   Posted by David Theroux at 12:36am PST   •   4 Comments

The Wall Street Journal reports in “Ethanol vs. the World: The corn fuel mandate is raising food prices and hurting the poor,” that the massive federal corporate welfare subsidies to corn farmers and mandates for ethanol production are “a man-made disaster that could be stopped if the EPA or others in Washington cared for...
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83% of Doctors May Quit Over ObamaCare


Monday July 9th, 2012   •   Posted by David Theroux at 5:29pm PST   •   7 Comments

In The Daily Caller, Sally Nelson reports today that: Eighty-three percent of American physicians have considered leaving their practices over President Barack Obama’s health care reform law, according to a survey released by the Doctor Patient Medical Association. The DPMA, a non-partisan association of doctors and patients, surveyed a random selection of 699 doctors...
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Federal Worker’s Rap Video on Unlimited $$ and No Accountability Wins GSA Award


Saturday April 7th, 2012   •   Posted by David Theroux at 12:24pm PST   •   7 Comments

In “Bad Rap: Video Spoof Amplifies Agency Ill” (Wall Street Journal), Peter Landers reports that in a rap video produced by a Government Service Agency (GSA) employee, he fantasizes about being a GSA Commissioner and spending lavish amounts of taxpayers’ dollars with no accountability. For the video, he won a GSA contest, which was...
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“Green” Firm Gets Subsidies to Sell Solar Panels to Itself!


Monday March 19th, 2012   •   Posted by David Theroux at 4:18pm PST   •   2 Comments

In “Firm sells solar panels—to itself, taxpayers pay” in the Washington Examiner, Timothy Carney reports that First Solar has received $17.3 million in corporate-welfare subsidies from the Obama administration and then an additional $455.7 million in loan guarantees from the Export-Import Bank to purchase its own solar panels: A heavily subsidized solar company received...
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Half of Biggest Obama Funders Given White House Jobs


Saturday March 10th, 2012   •   Posted by David Theroux at 5:07pm PST   •   3 Comments

In a new report from the Washington Post, “The Influence Industry: Obama gives administration jobs to some big fundraisers,” T.W. Farnam reports that while Obama campaigned on “the most sweeping ethics reform in history” and has criticized money in politics: More than half of Obama’s 47 biggest fundraisers, those who collected at least $500,000...
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$10 Billion in “Green” Corporate Welfare: Less Jobs and More Bankruptcies


Saturday February 25th, 2012   •   Posted by David Theroux at 7:22pm PST   •   3 Comments

In “Cost of $10 Billion Stimulus Easier to Tally Than New Jobs” in the Wall Street Journal, Ianthe Jeanne Dugan and Justin Scheck report that the mega-billions in corporate-welfare subsidies to solar, wind, geothermal and other “green” businesses (under section 1603 of the American Recovery and Reinvestment Act of 2009) have resulted in far...
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Yet Another Government-Funded “Green” Company Goes Bankrupt


Thursday January 26th, 2012   •   Posted by David Theroux at 10:56pm PST   •   4 Comments

In an Associated Press article in the San Jose Mercury News, “Parent of Obama-backed battery maker goes bankrupt,”Matthew Daly reports that yet another “green” company that received corporate welfare from the Obama administration has now gone bankrupt. In this case, the electric car-battery company Ener1 received $118 million from the Department of Energy in...
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Nearly Half of Americans Receive Government Funding


Thursday January 19th, 2012   •   Posted by David Theroux at 10:59pm PST   •   10 Comments

In an article in the Wall Street Journal, Sara Murray reports that “Nearly Half of U.S Lives in Household Receiving Government Benefits.” The pool of Americans relying on government benefits rose to record highs last year as an increasing share of families tapped aid in a weak economy. Some 48.6% of the population lived...
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Another U.S. Government “Green” Corporate-Welfare Failure, This Time via Finland


Saturday December 31st, 2011   •   Posted by David Theroux at 6:39pm PST   •   9 Comments

Christopher Jensen reports in the New York Times on yet another disaster from the massive U.S. corporate-welfare (i.e., pork) for “green” cars, this time luxury vehicles for the uber-rich: Fisker Automotive is recalling all 239 of its 2012 Karma luxury plug-in hybrid cars because of a fire hazard, according to a report filed with the...
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The Federal Government Can’t Even Run a Veterans Cemetery


Monday December 26th, 2011   •   Posted by David Theroux at 3:29pm PST   •   5 Comments

In “Problems possible with nearly 65,000 Arlington graves, report says” in the Washington Post, Christian Davenport reports that the newly released year-long study, after earlier reports of misidentified remains, shows that the 150-year-old, Army-run, Arlington National Cemetery has problems with 25% of the graves! Errors include “mismarked or unmarked graves, urns that had been...
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