A revolving door between green energy firms and the Department of Energy is a prime example of crony capitalism in full swing. As the Washington Post reports, rent-seeking businessmen like Sanjay Wagel are going where the money is. Following an enduring Washington tradition, Wagle shifted from the private sector, where his firm hoped to…
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John Stossel at Fox Business recently hosted a superb one-hour program, “Freeloaders,” that brings up to date another program he did on the same subject at ABC’s “20/20” in 2006. In the new program, he critiques the welfare state in America and takes on major corporations, millionaire entertainers, panhandlers, Indian Reservations, and anyone on…
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Margo Thorning writes in the Wall Street Journal, “Pull the Plug on Electric Car Subsidies: They are costly and don’t do enough to protect the environment,” that the flow of taxpayer money into subsidizing plug-in electric vehicles (PEVs) is economically and environmentally harmful, a waste, and should be ended now. There are a lot…
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As the Wall Street Journal reports in an article, “The Ethanol Bailout: EPA does the industry another big favor,” the Environmental Protection Agency has stepped in to expand the pork for ethanol producers: Scenes from a bailout: Last week, the Environmental Protection Agency decided to make the ethanol lobby’s guaranteed “market” even larger. Shares…
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