Bigger Government, More Cronyism, Less Economic Freedom
Recent news about the Obama Administration’s divestitures from AIG and GM—in some cases at a loss of billions of dollars—stands as a reminder of the… Read More
Cronyism: Crushing the Free Market and Promoting Rent-Seeking
Imagine your son or daughter aspiring to be a government crony instead of an engineer or business owner. That nightmare scenario plays out in a… Read More
More Obama Donors Benefit From USDA’s Latest Loan Guarantee
The U.S. Department of Agriculture has awarded a large loan guarantee to a biofuel company whose investors donated handsome sums to the Obama campaign. Some… Read More
Solyndra-Linked Executive to Lead Pentagon’s Advanced Tech Agency
A venture capital executive with ties to defunct solar company Solyndra has been hired as the new chief of the Defense Department program heading up… Read More
Another Stimulus Backed ‘Green Energy’ Company Goes Bankrupt
Another stimulus-backed green energy company has filed for bankruptcy, further fueling criticism of Energy Department programs that backed highly-risky investments on the taxpayer dime. Like… Read More
DOE Sent Confidential Information to Loan Guarantee Applicant
Emails uncovered by congressional investigators show that a top Energy Department adviser sent confidential government information to representatives of a company vying for federal financing…. Read More
Obama Slams Private Equity, But His Own ‘Investors’ Do Quite Well
President Obama and his surrogates have repeatedly insisted that federal backing for green energy companies like Solyndra is somehow superior to private equity investing, since… Read More
Lawmakers Probe Fast-Track Approval for Connected Green Companies
Congressional investigators are probing potential cronyism in a pair of federal green energy programs, including the Energy Department loan program that guaranteed a $535 million… Read More
Obama to Tout Green Energy at Politically Connected Wind Company
President Obama will make a push for wind energy subsidies on Thursday at the Iowa production facilities of a politically connected wind turbine manufacturer with… Read More
Stimulus Dollars Disproportionately Went to States Represented by Dems
According to a new report on President Obama’s stimulus package and its effect on the economy, the amount of stimulus money that went to each… Read More
