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, corporate welfare, Corporatism, Corruption, Energy, Environment, Exelon, GE Energy Financial Services, General Electric, Global Warming, Goldman Sachs, google, Government subsidies, Mercantilism, Morgan Stanley, NRG Energy, Obamanomics, political pork, 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: Andy Stern, Bailouts, Barack Obama, corporate welfare, Corporatism, Corruption, crony capitalism, Defense, Department of Health and Human Services, Drugs, Liberalism, Mercantilism, National Commission on Fiscal Responsibility and Reform, political corruption, Politics, Presidential Power, Siga Technologies, small pox vaccine, ST-246, Transparency