By David J. Theroux | Saturday November 12, 2011 at 4:10 PM PST | 3 Comments
The New York Times reports in “A Gold Rush of Subsidies in Clean Energy Search” that NRG Energy is receiving nearly $1.6 billion in government subsidies for its new compound in California of almost one million solar panels. The Times further notes that: Similar subsidy packages have been given to 15 other solar- and...
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Tags: Bailouts, Business, California, Corporatism, Corruption, Energy, Environment, Global Warming, Government subsidies, Mercantilism, Politics, Presidential Power, Socialism, Technology
By David J. Theroux | at 3:38 PM PST | 0 Comments
In the aftermath of the Solyndra cronyism debacle, the Los Angeles Times now reports that a no-bid contract was awarded last May to a firm controlled by a billionaire Obama supporter for the highly unlikely national security threat of a small pox attack: Over the last year, the Obama administration has aggressively pushed a...
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Tags: Bailouts, Corporatism, Corruption, Defense, Drugs, Liberalism, Mercantilism, Politics, Presidential Power, Transparency