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  • May 2013
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April Fool! (NOT)

On Friday, March 31, President Obama proclaimed the month of April as “National Financial Capability Month.”  He called on all Americans to, “observe this month with programs and activities to improve their understanding of financial principles and practices.” I kid you not.  This from a man who under his four-year-plus reign has seen the national [...]

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 [...]

Solyndra is a Scorcher; the Energy Department’s Loan Guarantee Program Really Scalds Taxpayers

It’s a shame that the Obama administration didn’t pay as much attention to the details of Solyndra’s business plans and financial liabilities as it did to the details of the President’s photo op at the company’s facility on May 26, 2010.  But, given the rampant mismanagement and weaknesses associated with the Energy Department’s whole loan [...]