Energy Department Can’t Locate $500,000 in Stimulus Money
The Energy Department can’t figure out how hundreds of thousands of dollars in “green energy” stimulus money earmarked for manufacturing equipment was spent, according to a… Read More
Ineligible Borrowers Got Hundreds of Millions in Stimulus Home Loans
The Agriculture Department’s Rural Housing Service likely loaned hundreds of millions of dollars to ineligible borrowers as part of President Obama’s stimulus package, a report… 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
Report: HUD Insured Stimulus Loans to Tax Delinquents
President Obama’s stimulus package subsidized home loans for individuals who already owed the federal government millions in back taxes, according to a new report by… Read More
Yes, Alan Blinder, “Stimulus” is a Dirty Word
Whenever misguided economic policy advice crops up, it’s imperative to correct it. The latest comes from Princeton economist Alan Blinder. He advocates for more stimulus,… Read More
USDA Backed $7.5 Million Stimulus Loan for Convicted Financial Felon
The U.S. Department of Agriculture guaranteed a $7.45 million loan to a company owned by a convicted financial felon as part of the president’s stimulus… Read More
Movie Mocks Lawmakers Who Don’t Read Legislation Before Voting
House Speaker John Boehner famously dropped a copy of President Obama’s stimulus bill on the House floor during the debate over its passage, calling it… 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
Morning Bell: Weak Economy Disappoints Again
Every day, America waits for a brighter future to arrive — the promise of change that President Barack Obama made in 2009 when he set a benchmark… Read More
After Massive Losses, Stimulus-Backed Company Asks for More Taxpayer Cash
A financially troubled green energy company has seen its stock prices plummet to below a dollar per share (UPDATE: see below) since receiving a nearly $250… Read More
