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  • May 2013
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Sell the Tennessee Valley Authority’s Electric Power Assets – Daily Waste

The Tennessee Valley Authority (TVA) is a multibillion-dollar federally owned and operated corporation that was established in 1933 in an effort to bring electricity and development to some of the most underdeveloped parts of the Southeastern United States. TVA’s nonpower responsibilities include recreational programs, the promotion of public use of federal land and water resources, [...]

Sell the Southeastern Power Administration and Related Assets – Daily Waste

Since the Department of Energy was founded in 1977, it has owned and operated four Power Marketing Administrations (PMAs). The largest of these is the Southeastern Power Administration, which consists of 23 hydro-electric projects in Georgia, Florida, Alabama, Mississippi, southern Illinois, Virginia, Tennessee, Kentucky, North Carolina, and South Carolina. The PMAs sell energy at low, [...]

Open the ANWR Coastal Plain to Leasing – Daily Waste

Today, the Daily Waste is looking into the Arctic National Wildlife Refuge, and finding savings to be had. The 1980 Alaska National Interest Lands Conservation Act (ANILCA) created 104 million acres of wilderness areas, national parks, and wildlife refuges, including the 19 million-acre Arctic National Wildlife Refuge (ANWR). ANILCA stipulated that potential petroleum reserves should [...]

Time to Get Rid of the ENERGY STAR Program – Daily Waste

The Daily Waste will examine the ENERGY STAR program and ways to save within it. The ENERGY STAR program, a joint venture between the Energy Department and the EPA, started in 1992 as a voluntary labeling program to identify energy-efficient products. It includes a “Change the World, Start with ENERGY STAR” messaging program and funded [...]

Backdoor Tax on Gasoline Masquerades as Green Energy Investment

Imagine if the government passed a law requiring you to purchase either a specified number of pink elephants or government-issued “pink elephant credits.”  This is, in essence, what the government is doing to oil companies: requiring them to purchase a nonexistent product or purchase credits for a nonexistent product. The seeds of this nonsensical policy [...]

Public/Private Fight Goes Viral

In the past week, following the publication of my May 22 Washington Times op-ed, where I pointed out that “The result of the ‘investment’ made by ‘Obama Capital,’ which has used hundreds of billions of dollars of the taxpayers’ money to ‘create jobs,’ has been a persistent 8 percent unemployment rate and annual trillion dollar-plus [...]

All Equity is not Equal

Marc Theissen’s op-ed in today’s Washington Post is a great addition to the growing response to President Obama’s attacks on Bain Capital.  He makes the case in a clear, concise and factual manner. The title of Marc’s op-ed is a perfect description of its contents:  “Forget Bain — Obama’s public-equity record is the real scandal.”  He describes outlandish [...]

Green Goblins At the Energy Department Wreak Havoc

It has clearly not been a good year for Energy Secretary Stephen Chu.  The $500 million Solyndra scandal attracted a slew of scorching media stories; the more light that is shed on that story, the uglier it gets. The Obama administration must be doing some sort of polling on the subject and getting alarming results because, after initially shrugging [...]

Contractor Pension Obligations Cost Billions

The devastating consequences to national security from the automatic cuts of $600 billion that will occur in January  2013 have been made clear by top Pentagon officials and leading members of Congress.  While President Obama has made stated that he will force Congress to stick to the plan set in place by the failure of [...]

Obscure Contractual Obligation Costs Taxpayers Billions

The devastating consequences to national security from the automatic cuts of $600 billion that will occur if the Super Committee does not reach an agreement have been made clear by top Pentagon officials and leading members of Congress.  Proposals that have been provided to help the Super Committee achieve its mandate of $1.2 trillion in [...]