2012` Q1 FReepathon. Target: $94,000 Receipts & Pledges to-date: $89,139
94%  
Woo hoo!! Less than $5k to go!! Thank you all very much!!

Keyword: subsidies

Brevity: Headers | « Text »
  • GE Employees Get Chevy Volt Electric Cars, All-Gas Use OKed Sometimes

    02/16/2012 9:36:48 AM PST · by jazusamo · 38 replies
    Green Car Reports ^ | February 16, 2012 | John Voelcker
    Sixteen months ago, General Electric announced it would place the "largest order in history" for electric cars , to be used by its employees who are issued company cars. Now, those cars are starting to arrive and be placed with employees. And where changes are made, personnel policies are sure to follow. A person inside GE recently forwarded a memo to us that covers some of the nuts and bolts of using the 2012 Chevrolet Volt range-extended electric car. It's from the fleet operations manager for GE Healthcare. Among the interesting points: "All sedans ordered in 2012 will be...
  • Soros, Douglas support Natural Gas Act proponents - Investors in Vancouver LNG-engine firm to...

    02/16/2012 2:08:03 AM PST · by neverdem · 3 replies
    Human Events ^ | 02/15/2012 | S. E. Robinson
    Investors in Vancouver LNG-engine firm to benefit from subsidies Soon after President Barack Obama touted Westport Innovation’s liquefied natural gas-powered engines April 1 at a Maryland UPS facility, the company’s top individual investor made large contributions to Democrats. Kevin G. Douglas, Westport’s largest individual shareholder, April 8 gave more than $30,000 to Obama and the Democratic National Committee, according to federal campaign filings. In a lucky confluence of events, a bill, supported by the president, New Alternative Transportation to Give Americans Solutions Act, designed to subsidize the migration of American vehicles from gasoline and diesel to LNG-powered engines was filed...
  • What happens when we live off the other guy?

    02/15/2012 11:38:04 AM PST · by landsbaum · 8 replies
    Nearly half of U.S. households receive government benefits. We’ve reached record highs of those relying on government-paid benefits, which is to say, benefits paid for by taxpayers, which is another way of saying redistributed wealth. Which is another way of saying socialism....
  • When Stadium Deals Fizzle, Taxpayers Always Lose

    02/13/2012 8:08:56 AM PST · by MichCapCon · 26 replies
    Capitol Confidential ^ | 2/13/2012 | Jarrett Skorup
    The Detroit Tigers were a few wins short of going to the World Series last year. Team ownership signed All Star first baseman Prince Fielder to a 9-year, $214 million deal in the hopes that he will help push the team over the top as well as continue strong attendance at Comerica Park. Since the club has all that extra revenue available and expect more from higher attendance, will they consider repaying Michigan taxpayers for the hundreds of millions of dollars that were used to subsidize the team's stadium? Comerica Park opened in 2000 after three years of construction and...
  • $1 billion Calif. solar project faces problems

    02/12/2012 10:04:26 AM PST · by artichokegrower · 26 replies
    MercuryNews.com ^ | 02/11/2012
    BLYTHE, Calif.—A major Southern California solar energy project could be delayed or even canceled following a deadly outbreak of distemper among kit foxes and the discovery of a prehistoric human settlement on the work site, according to a report Saturday. The $1 billion Genesis Solar Energy Project near Blythe in the desert east of Los Angeles was on track to start producing power for some 187,500 homes starting in 2014. But critics tell the Los Angeles Times ( http://lat.ms/wrtgOD) the distemper outbreak and discovery of a possible Native American cremation site show that expedited procedures approved by state and federal...
  • Why is GM Spending Millions to Re-Hype the Chevy Volt?

    02/10/2012 9:25:10 AM PST · by jazusamo · 39 replies
    National Legal & Policy Center ^ | February 10, 2012 | Mark Modica
    In the words of Yogi Berra, it looks like déjŕ vu all over again as General Motors plans to "relaunch" the Chevy Volt. Just in case you missed the first rollout that saw certain financial news networks dedicate loads of airtime to help GM build the hype surrounding a vehicle that was to be a savior for GM as support was garnered for a taxpayer bailout and subsequent IPO, we now get a second take on the failed first production. Many of the same cast will appear as cronies at Motor Trend will be cited for giving the Volt...
  • Many Unanswered Questions Surround Fisker Layoffs

    02/09/2012 4:06:34 PM PST · by jazusamo · 4 replies
    National Legal & Policy Center ^ | February 8, 2012 | Paul Chesser
    This post has been updated below. Among the objections about taxpayer subsidies for the high-profileChevy Volt, manufactured by Government Motors, is that the many grants, loans and tax breaks that lowered the sticker price on the electric hybrid car facilitated its (paltry) sales for the benefit of wealthier individuals who were purchasing it – those with average annual salaries of $170,000 . So can you imagine how happy the affluent customers (like Leonardo DiCaprio) of the heavily subsidized, $102,000 electric Fisker Karma are, to be able to purchase their gimmicky sports sedan at a discount, with a $7,500 tax...
  • EU rules encouraging UK farmers 'to plow up grasslands'

    02/04/2012 2:22:56 PM PST · by Olog-hai · 7 replies
    EurActiv ^ | 03 February 2012 | Juliette Jowit of the Guardian in content partnership with EurActiv
    Farmers in the UK are being encouraged to plough up some of the most quintessential English landscapes so that they can continue to claim European subsidies, experts have warned. Wildlife-rich pastures—which have made famous the New Forest clearings, the South Downs, the Cotswolds and the Chilterns—are under threat after the EU proposed rule changes to the Common Agricultural Policy. Experts have warned that to escape the penalties, farmers are already mowing down the grassland ahead of the 2014 deadline for registering their permanent pasture—in case they want to plant them later. Many such fields will be "improved" grasslands—actually monocultures with...
  • Obama plan would prolong housing pain

    02/03/2012 8:01:58 AM PST · by Mark Landsbaum · 4 replies
    The Orange County Register ^ | 2-3-2012 | The Orange County Register Editorial Board
    It was predictable that President Barack Obama would pander again to entitlement sentiments. This time involves the misguided belief that everyone is entitled to homeownership, even at the government's – the taxpayers' – expense. But the president's audacity is a bit much to take, even for an election year. Mr. Obama wants to effectively bail out borrowers who owe more than their homes are worth by having taxpayers assume the risk of borrowers defaulting. . .
  • Global non-warming prompts reversals… Except here

    02/02/2012 11:49:36 AM PST · by landsbaum · 3 replies
    It seems much of the world is wising up to the Global Warming Alarmism that has driven so much foolish and costly taxation and regulation, subsidies and profiteering. Well, much but not all of the world. Here’s a quick overview, courtesy of the British Global Warming Policy Foundation: . . .
  • Government Motors Says Critics Should Stop Being Political

    01/27/2012 3:51:49 PM PST · by jazusamo · 36 replies
    CNSNews ^ | January 27, 2012 | Matthew Sheffield
    Cry me a river. General Motors' CEO is complaining that the Chevy Volt has become a "political punching bag." As the Detroit Free Press reports , GM CEO Dan Akerson defended the Volt before a House of Representatives subcommittee Wednesday, saying that the hybrid electric vehicle seemed to be under attack as much for political as practical reasons. 'We did not design the Volt to become a political punching bag, and that’s what it’s become,' Akerson said. The optics of Akerson, CEO of a company whose very existence today stems completely from an infusion of tens of billions of...
  • Taxpayers Take Hit as Layoffs, Bankruptcies Plague Green Firms

    01/27/2012 11:27:57 AM PST · by jazusamo · 8 replies
    National Legal & Policy Center ^ | January 27, 2012 | Paul Chesser
    Federal tax credits, loan and grant programs that expired at the end of last year have plugged the financial flow that made so-called “renewables” and electric vehicles viable, so they are now shedding employees and going bankrupt, illustrating that the “clean” industry owed its existence solely to government. Even with the government money, they are failing. Yesterday Indiana-based Ener1, an energy storage company thatreceived $118.5 million from DOE, filed for Chapter 11 bankruptcy. Despite plans to have 1,400 employees in Indiana by 2015, the company had downsized in the state from 380 to approximately 250 since March. Ener1’s stock...
  • Welsh leader to Cameron: 'Tone down the euroskepticism'

    01/26/2012 10:54:04 AM PST · by Olog-hai · 4 replies
    EurActiv ^ | 26 January 2012 | Jeremy Fleming
    UK Prime Minister David Cameron should tone down his euroskeptic rhetoric and avoid a repeat of the diplomatic failure of last December’s European summit, Wales’ First Minister Carwyn Jones has told EurActiv in an exclusive interview. The leader of the devolved Welsh government, who is from the Labour party, distanced himself from Cameron, a Conservative, saying that he is less euroskeptic and more at ease with notions of European federalism. Whilst agreeing with the substance of the veto cast by Cameron at the last summit, the chief of the Cardiff-based Senedd—or Welsh Parliament—said the UK premier had got the "mood...
  • For e-bikes, no easy ride in tough times (“subsidize me please”)

    01/25/2012 8:20:44 PM PST · by Olog-hai · 5 replies
    EurActiv ^ | 25 January 2012
    Europe’s motorcycle industry is having a tough ride in the current economic times despite being touted as one of the solutions to road congestion and pollution. Sales of motorcycles and similar light vehicles have plummeted in the past five years, from 2.7 million in 2007 to 1.7 million last year, industry figures show, hampering efforts to roll out a new generation of hybrid and electric transport. “The crisis has deeply, deeply affected the European market,” said Hendrik von Keunheim, president of ACEM, the European motorcycle industry trade group. “Many European suppliers are struggling.” The European Commission’s 2011 transportation White Paper...
  • Florida Panthers May Owe $30.8M If Team Hasn't Sheltered Homeless Since '96 (Dolphins/Marlins too)

    01/24/2012 1:13:12 PM PST · by Recovering_Democrat · 17 replies
    palmbeach.com ^ | 1/24/12 | M Hendley
    Here's an audit Florida's professional sports franchises may not have expected -- records of housing the homeless at their facilities over the years... and if the Florida Panthers haven't been housing the homeless, the team's on the hook for more than $30.8 million in tax breaks it's gotten since 1996. A recently released legislative analysis of State Sen. Mike Bennett's Senate Bill 816 notes that a law from the '80s requires sports franchises in Florida to house the homeless in its facility on off-nights, and in exchange, the teams get $166,667 from the state every month.
  • Will GM's Akerson Come Clean on the Chevy Volt?

    01/23/2012 3:28:47 PM PST · by jazusamo · 1 replies
    National Legal & Policy Center ^ | January 23, 2012 | Mark Modica
    General Motors' CEO, Dan Akerson, is scheduled to testify at congressional hearings on the NHTSA delay in reporting Chevy Volt fires. GM and the government agency waited about five months to report an incident involving a Volt which erupted in flames weeks after a crash-test. Up to this point, Akerson has not exactly been honest about the Volt; can we now expect him to come clean? A culture of deceit has been evident at GM since the Obama Administration orchestrated a manipulated bankruptcy process that favored the politically powerful UAW over other classes. It was during the time of...
  • Taxpayers getting sunburned again

    01/23/2012 11:38:40 AM PST · by Mark Landsbaum · 5 replies
    The Orange County Register ^ | 1-22-2012 | Mark Landsbaum
    Despite history – and current events involving alternative energy companies – many Americans buy into the notion that for good things to happen, the government needs to be involved, even in charge. How many Solyndras is too many?
  • GM Dealers Say No To More Chevy Volts

    01/23/2012 9:40:26 AM PST · by jazusamo · 25 replies
    Jalopnik ^ | January 23, 2012 | Ray Wert
    With NHTSA's closure of the investigation into the Chevy Volt, General Motors is now trying to rebuild the plug-in hybrid's image . But a new stumbling block has appeared on the road to higher sales — dealers turning down Volts from GM. General Motors sold only 7,671 Volts in the United States in 2011, well short of its 10,000-unit target for the first year. GM spokespeople have attributed weakness in demand to the National Highway Traffic Safety Administration's investigation into the risk of fires in the car's battery pack. But I'm not entirely certain that can all be blamed...
  • Dismal Outlook for EVs on Both Sides of the Atlantic

    01/19/2012 10:17:46 AM PST · by jazusamo · 10 replies
    National Legal & Policy Center ^ | January 19, 2012 | Paul Chesser
    For electric vehicle enthusiasts with the “if you build it, they will come” mentality, who endorse endless taxpayer subsidies for plug-in automobiles and infrastructure to charge them, there’s bad news this week. The Daily Mail reported that sales of electric cars in the United Kingdom have fallen so sharply that there are now more charging stations than there are vehicles. If you thought the flaccid U.S. sales of the Chevy Volt (7,671 units) and Nissan Leaf (9,674 units) were a letdown – despite significant government funding for research and development, batteries, charging systems, and a $7,500 tax credit for...
  • EDITORIAL: Unplug the Volt

    01/17/2012 6:00:21 PM PST · by jazusamo · 17 replies
    The Washington Times ^ | January 17, 2012 | Editorial
    Liberals burn tax money on flammable carsWealthy liberals love nothing better than flaunting their enlightened attitudes. They see the selection of a trendy set of wheels as a great way to advertise their concern for the survival of polar bears. At the top of the must-have list for the self-enlightened is the Chevy Volt. This $40,000 plug-in hybrid can travel 35 miles on battery power, a feat enabling smug owners - their average annual salary is $175,000 - to pretend that their emissions are pure. Of course, instead of coming out the tailpipe, the unwanted carbon-dioxide molecules are instead released...
  • This electric car news isn’t as good as it sounds at first

    01/17/2012 3:45:48 PM PST · by landsbaum · 18 replies
    Electric car enthusiasts – those who want someone else to subsidize their extravagances and then pretend that the electricity they use isn’t created with fossil fuel anyway – may at first find something to cheer about in this news from England. There are now more charging stations than electric vehicles on the road, reports the MailOnline. . . . But we need to read a bit more in that Mail story. The reason there are more electric charging stations than electric cars isn’t because there are so many stations. It’s because there are so few electric cars.
  • As Goes GM, So Goes Obama Reelection

    01/17/2012 11:50:01 AM PST · by jazusamo · 10 replies
    National Legal & Policy Center ^ | January 17, 2012 | Mark Modica
    Last week the Detroit News reported that NHTSA claimed that the White House had nothing to do with the agency's delay in disclosing its Chevy Volt fires to the public. Supposedly, NHTSA contacted the White House three months after the Volt fires and waited another two months before releasing the information to the public. Whether or not the Obama Administration is being honest about its involvement in NHTSA's Chevy Volt investigation, it is clear that we are in an unprecedented situation with the President of the US having his reelection chances largely tied to the success of General Motors,...
  • Energy Dept. Makes More Bad Bets with Taxpayer Money

    01/13/2012 12:54:07 PM PST · by jazusamo · 5 replies
    National Legal & Policy Center ^ | January 13, 2012 | Paul Chesser
    As the U.S. government Venture Capitalist-in-Chief (and President) Barack Obama and his Department of Energy investment guru (and Energy Secretary) Steven Chu pour other peoples’ money into their favorite “clean” technology schemes, private backers appear to be following them off the cliff, “as publicly traded battery makers watched their stocks tank and their businesses stumble,” according to a Dow Jones report late last month. According to a Dow Jones-owned industry tracker called VentureSource, private investors put $372.7 million into 14 battery deals over the first three quarters of 2011. Whether they would have transferred so much cash into the...
  • GM Wrestles With Chevy Volt 'Political Controversy'

    01/12/2012 9:11:14 AM PST · by jazusamo · 24 replies
    National Legal & Policy Center ^ | January 12, 2012 | Mark Modica
    It seems that General Motors is sticking to its guns as they continue to blame lack of supply for low sales of the Chevy Volt. A story by the Detroit Free Press quotes GM Vice Chairman, Steve Girsky, as saying that market demand for the Volt will not be known until around June as "...there are still dealer orders that are getting filled and there are customers that are still getting out there." GM's president of North American operations, Mark Reuss, addressed criticism of the Volt by adding, "The worst thing we could do would be to back off...
  • Consumers Should Select Cars, Not Government (Video: Mark Modica on Cavuto show)

    01/09/2012 1:22:46 PM PST · by jazusamo · 8 replies
    National Legal & Policy Center ^ | January 9, 2012 | Peter Flaherty
    VIDEO 4:19 minutes NLPC Associate Fellow Mark Modica says it is time to end tax credits and subsidies for electric vehicles. He is interviewed by Neil Cavuto on the Fox Business Network on Friday, January 6. Here's a transcript: Neil Cavuto : Meanwhile, a Fox Business Alert that is going to be a topical issue, drivers paying more to fill up. But it doesn't look like they're getting fed up with the gas guzzlers. Gasoline now at its highest price ever for the start of the year. It's still rising. But look what else is rising. Sales of really big...
  • I Recall Seeing a Chevy Volt in New Hampshire

    01/09/2012 10:21:56 AM PST · by jazusamo · 40 replies
    PJ Tatler ^ | January 9, 2012 | Bryan Preston
    See what I did there with that headline? Government Motors won’t like it. Here’s a little vignette that might tell us much about the difference between the mainstream media and the rest of us. As I’m walking into Newt Gingrich’s townhall at Public Service New Hampshire in Manchester, I am behind a pair of MSMers, a man and a woman. The two are chatting about the event and the fact that it’s a Republican candidate, and the woman mutters something about “crosses and swastikas.” The man just chuckles. No bias to see here. As we’re walking along the sidewalk...
  • GM Recalls Chevy Volt (Paul Chesser on Cavuto show)

    01/06/2012 1:32:40 PM PST · by jazusamo · 7 replies
    National Legal & Policy Center ^ | January 6, 2012 | NLPC Staff
    VIDEO 4 minutes Last night, NLPC Associate Fellow Paul Chesser discussed the Chevy Volt recall with Neil Cavuto on the Fox Business Network. Here's a transcript: Neil Cavuto : ...Forget Volt sales and that they are far from catching fire. Apparently the cars really are in danger of catching fire. GM is recalling nearly 8,000 Chevy Volts for what they're calling enhancements. I actually hate it when people do that but that's what they're calling them, enhancements, aimed at preventing the battery from bursting into flames. The National Legal and Policy Center's Paul Chesser says that this recall should be...
  • Chevy Volt Fleet Sales Rise, Government GM Purchases Increase

    01/05/2012 2:10:55 PM PST · by jazusamo · 37 replies
    National Legal & Policy Center ^ | January 5, 2012 | Mark Modica
    General Motors reported Chevy Volt sales of 1,529 for the month of December. The still unimpressive number is an improvement over previous months, but the gains were mostly driven by fleet sales. According to GM, 992 of the Volts sold were to retail customers while 537 went to fleet purchasers. GM says the fleet sales were to corporate buyers and not to rental companies. The number of Volts sold to townships receiving federal grants remains unknown. The corporate sales claim makes sense as crony company, General Electric, starts to make good on its promise to buy thousands of Volts....
  • Iowa ethanol industry celebrates Romney-Santorum

    01/05/2012 1:35:21 AM PST · by Cincinatus' Wife · 138 replies
    Washington Examiner ^ | January 4, 2012 | Timothy P. Carney
    ..........."Romney and Santorum (like Gingrich and Obama) both go 4-for-4 on the ethanol lobby's scorecard. Paul goes 2-for-4 because he would cut oil subsidies and allow 15-percent ethanol blends to be sold, but opposes the mandate and other subsidies. Rick Perry went 0-for-4."
  • Taxpayers Take Hit as Solar Industry Implodes

    01/04/2012 12:23:21 PM PST · by jazusamo · 15 replies
    National Legal & Policy Center ^ | January 4, 2012 | Paul Chesser
    In a year where Solyndra became the face of the solar industry’s chronic failures, even the holiday season could not prevent one last flurry of layoffs in 2011. The Mountain Enterprise (based in Frazier Park, Calif.) reported over the weekend that First Solar, Inc. – which the media sometimes identifies as the largest solar company in the world – laid off half its employees on Friday at its Antelope Valley Solar Ranch One project. The facility has been the subject of controversy in the local community over the effects it will have on land use, wildlife, and water usage....
  • Wind Power and the free market

    01/04/2012 10:50:23 AM PST · by Recon Dad · 23 replies
    Institute for Energy Research ^ | 1/4/2012 | Robert Murphy
    The Institute for Energy Research (IER) is committed to free-market policy solutions for America’s energy needs. IER has repeatedly argued that reducing the federal government’s intervention in the energy sector would reduce prices for consumers and, especially in our current recession, would create thousands of good jobs for unemployed workers. In this context, a recent opinion piece on FoxNews by Steve Lockard—CEO of a company making wind turbines and a board member of the American Wind Energy Association—was quite ironic. Lockard was trying to appeal to conservative readers by claiming that the Congress was threatening to destroy American jobs through...
  • Taxpayers' Leaf: Four Recharging Stops Needed to Go 180 Miles

    01/03/2012 11:21:53 AM PST · by jazusamo · 88 replies
    National Legal & Policy Center ^ | January 3, 2012 | Paul Chesser
    Consumer Reports has painted an ugly picture of the Nissan Leaf, as did an early enthusiast based in Los Angeles, who described his frustrations with the heavily subsidized, all-electric car in a recent column. Now comes what must be the definitive example of the Leaf’s impracticality – this time from a (still) hard-core advocate, whose 180-mile Tennessee trek to visit family over the holidays required four lengthy stops to keep the vehicle moving. Stephen Smith, executive director of the Southern Alliance for Clean Energy, set out from Knoxville on Monday with his wife and son, headed for the Nashville...
  • Chevy Volt Gets "Worst Product" Award

    01/03/2012 10:28:53 AM PST · by jazusamo · 26 replies
    National Legal & Policy Center ^ | January 3, 2012 | Mark Modica
    General Motors' much-hyped Chevy Volt has yet another distinction to add to its long list of commendations. We had all heard repeatedly about Motor Trends' Car of the Year award, Consumer Reports' recommendation and Jay Leno's love affair with the car, but the Volt now gets a less publicized, more deserved distinction from Yahoo Finance's 24/7 Wall Street site. The Volt has made the list of "The Worst Product Flops of 2011" and apologists for the vehicle are sure to, once again, attack the credibility of those issuing the opinion. The Obama Administrations' favorite car has had a rough...
  • HBO Cancels Taxpayer-Supported 'Hung'

    12/30/2011 6:46:17 AM PST · by MichCapCon · 17 replies
    Michigan Capitol Confidential ^ | 12/28/2011 | Tom Gantert
    HBO recently announced it was cancelling the show “Hung” after three seasons. The show was filmed in Detroit and the surrounding area. The Michigan Film Office estimates the production company spent $7 million from 2010 to 2011 and received $2.7 million back from the film subsidy, comprising about 38 percent of expenditures. The Michigan Film Office receives the film subsidy money from taxpayers. Michael LaFaive, director of the Morey Fiscal Policy Initiative for the Mackinac Center for Public Policy, says that the $2.7 million is actually an opportunity cost sunk in expensive subsidies, such as those allocated for "Hung"'s production...
  • Time to End $7,500 Electric Car Tax Credit

    12/28/2011 9:37:30 AM PST · by jazusamo · 8 replies
    National Legal & Policy Center ^ | December 28, 2011 | Mark Modica
    Pennsylvania Congressman, Mike Kelly, wants to end the $7,500 tax credit that affluent purchasers of electric vehicles are currently taking advantage of. The most hyped of these vehicles has been General Motors' Chevy Volt, but other plug-in cars, like Fiskers and Teslas, sell for close to $100,000 and make a strong case for Rep. Kelly's argument. Let's look past the recent Chevy Volt fires. The value of a vehicle will be determined by the consumer. It does not matter if Jay Leno and other rich purchasers say they love their Volts. The real questions are, should taxpayers be paying...
  • Subsidies on Domestic Ethanol & Tariffs on Imported Ethanol End

    12/27/2011 7:28:47 PM PST · by mamelukesabre · 31 replies
    Cars In Depth ^ | December 26, 2011 | Ronnie Schreiber
    Lost in the hustle and bustle of the holiday season, Congress has quietly ended subsidies on ethanol fuel as well as ending a special import tariff on Brazilian ethanol. The ethanol subsidy paid fuel blenders 45 cents per gallon to make E10, gasoline blended with 10% ethanol. The tariff added 54 cents to the cost of importing a gallon of ethanol from Brazil. The ethanol subsidy currently costs US taxpayers about $6 billion per year. Over the past 30 years, the program has cost $45 billion. By taking no action on the subsidy before adjourning for the end of the...
  • EDITORIAL: The dirty politics of clean energy

    12/27/2011 9:06:30 AM PST · by jazusamo · 12 replies
    The Washington Times ^ | December 26, 2011 | Editorial
    Federal funds skew business investment during Obama termDisturbing revelations continue to emerge about how more than half a billion dollars of taxpayer dollars were shoveled into the Solyndra solar-panel boondoggle. It is becoming increasingly clear that the only “green” involved in this scandal is money. There is no compelling reason to empower the government to use public funds to engage in risky investments. There also is no reason to believe that government bureaucrats - especially political appointees, not usually known for their business acumen or technical expertise - are smart enough to pick winners in competitive business sectors. Energy Secretary...
  • The Volt is a jolt to taxpayers shelling out subsidies

    12/26/2011 10:57:05 AM PST · by jazusamo · 23 replies
    phillyburbs.com ^ | December 26, 2011 | Jack Kelly
    Shortly after he gave General Motors a $53 billion bailout in 2009, President Barack Obama said the plug-in Chevrolet Volt would be salvation of the beleaguered automaker. Consumers will buy 120,000 Volts each year from 2012 onwards, the Energy Department predicted then. But through November, only 6,142 Volts have been sold. And that pitiful figure is inflated by purchases for government fleets. Johan de Nysschen, president of Audi of America, isn’t surprised. “No one is going to pay a $15,000 premium for a car that competes with a (Toyota) Corolla,” he told Lawrence Ulrich of MSN Autos in 2009. “So...
  • Taxpayer-Subsidized Electric Vehicles Are a Bust (Video)

    12/22/2011 10:42:36 AM PST · by jazusamo · 11 replies
    National Legal & Policy Center ^ | December 22, 2011 | NLPC Staff
    NLPC Associate Fellow Paul Chesser was interviewed last night on Cavuto on the Fox Business Network. Paul asserted that electric vehicles like the Chevy Volt have failed in the marketplace, despite massive taxpayer subsidies. VIDEO 3:49 minutes
  • Presidential Candidate [Perry] Holds Agriculture Conference Call

    12/13/2011 1:59:48 AM PST · by Cincinatus' Wife · 12 replies
    Farmer Futuers ^ | December 13, 2011 | Jason Vance
    On Monday evening Texas Governor Rick Perry, a Republican Presidential candidate, spoke with Iowa farmers during a telephone town hall event hosted by the Iowa Soybean Association. In an effort to focus national attention on the critical topic of agricultural policy and trade impacting farmers across America, the ISA board of directors has invited all major Presidential candidates to participate in a telephone town hall meeting. During his opening remarks Perry said the country is in trouble and he is concerned about the future and that his candidacy is about fighting the fight for the next generation. "I'm not interested...
  • Frito-Lay/PepsiCo Cashes in On Electric Truck Subsidies

    12/08/2011 11:22:56 AM PST · by jazusamo · 10 replies
    National Legal & Policy Center ^ | Devember 8, 2011 | Paul Chesser
    Last week Frito-Lay, the $12 billion snack foods division of PepsiCo, boasted it would add 10 all-electric delivery trucks in Orlando, Fla. , as part of its plan to deploy 176 such vehicles in the U.S. and Canada by the end of year. As is custom with corporate announcements that proclaim their eco-accomplishments, so as to pacify persistent climate alarmists , Frito-Lay said the vehicles would emit “zero” pollutants from tailpipes and release 75 percent fewer greenhouse gases than diesel. The ETs (electric trucks) can allegedly run 100 miles on a single charge, and Frito-Lay says the groundbreaking new...
  • Newt, Today: ‘We Have Always Had a Bias In Favor of Investing in the Future.’

    12/06/2011 9:36:58 AM PST · by Lazlo in PA · 19 replies
    NRO ^ | 12-06-11 | Jim Geraghty
    I completely understand and agree with the argument that Mitt Romney’s support for the individual mandate at the state level will greatly complicate and undermine his criticism of Obamacare. But I don’t quite see how one can hold that position and not believe that these sorts of comments from Newt Gingrich to Glenn Beck today wouldn’t complicate and undermine criticism of runaway spending during the Obama administration: GLENN: Why would we, why would we go into subsidies, though? Isn’t ‑‑ aren’t subsidies really some of the biggest problems that we have with our spending and out‑of‑control picking of winners and...
  • Iowa: Newt Leads, Then Mitt, Then Ron Paul (Newt loves subsidies -- Perry says NO)

    12/06/2011 5:07:15 AM PST · by Cincinatus' Wife · 17 replies
    National Review Online ^ | December 6, 2011 | Jim Geraghty
    ...UPDATE: Hey, remember when this was the year that the Republican field was going to break away from pandering on ethanol? Remember how this year was going to be the year that fury over runaway spending was going to overtake the usual pandering to primary state constituencies? Yeah, not so much. Recall from January of this year: The former Speaker blew through Des Moines last Tuesday for the Renewable Fuels Association summit, and his keynote speech to the ethanol lobby was as pious a tribute to the fuel made from corn and tax dollars as we’ve ever heard. Mr. Gingrich...
  • Hollywood Grinch: Michigan Taxpayers Give 'A Very Harold & Kumar Christmas' Millions

    12/05/2011 12:14:05 PM PST · by MichCapCon · 4 replies
    Michigan Capitol Confidential ^ | 12/5/2011 | Tom Gantert
    Michigan taxpayers gave the makers of “A Very Harold & Kumar 3D Christmas” $8.3 million for filming in this state. The state reimbursed the filmmakers for $8.3 million of the $21.8 million spent in the state, or 38 percent of their costs. According to Box Office Mojo, the movie has grossed $31.5 million in American theaters as of Nov. 27 and had a production budget of $19 million. The movie, which came out Nov. 4, has made $12 million more than its publicized $19 million production budget. “Any business would gladly take 38 percent cash back on all their expenses....
  • Taxpayer-Funded Green Job Losses Easy as A123

    12/02/2011 2:27:09 PM PST · by jazusamo · 1 replies
    National Legal & Policy Center ^ | December 2, 2011 | Paul Chesser
    It’s another day, and another round of layoffs by a recipient of millions of dollars under the Obama Administration’s renewable energy initiatives, administered by the mismanaged Department of Energy. This time the Recovery Act largesse – taken out of the hide of taxpayers – went to A123 Systems, Inc. The Massachusetts-based energy storage company was given $249.1 million to help launch two battery-manufacturing plants in Michigan. A123 also received grants and tax credits from the state that could total more than $135 million. In a separate federal grant as a subcontractor for another grantee, A123 received nearly $30 million...
  • Obama EV Goal Does Little to Lessen Oil Consumption

    11/30/2011 10:39:02 AM PST · by jazusamo · 10 replies
    National Legal & Policy Center ^ | November 30, 2011 | Mark Modica
    Many articles written over the past year have questioned if President Obama will be able to reach his goal of having a million electric vehicles on US roads in 2015. A more important fact has been overlooked. That is, even if we get a million EVs on the roads in four years, we will have done practically nothing to reduce oil consumption in America. To be more specific, we will reduce consumption by approximately 0.15%. Is it worth the billions of taxpayer dollars spent producing controversial vehicles like the Chevy Volt in order to lessen foreign oil dependence four...
  • Taxpayer feast: Thanksgiving side dishes heavily subsidized

    11/28/2011 11:15:18 AM PST · by Sopater · 3 replies
    Wisconsin Reporter ^ | November 23rd, 2011 | M.D. Kittle
    MADISON — Enjoy that Thanksgiving feast, taxpayers. Chances are, you’re going to pay for part of it twice. Federal taxpayer subsidies underwrite the costs in the production of some of the key commodities found on the traditional Thanksgiving table. The side dishes on the menu — the rolls and stuffing, the scalloped or cream-style corn, and the long-grain rice — all come from the five crops that remain heavily subsidized by U.S. taxpayers. Commodity kings Wheat, corn, soybeans, rice and cotton make up more than 90 percent of agriculture subsidies to farmers or investors, many of whom are drawing big...
  • Battery fires prompt govt probe of Chevy Volt

    11/25/2011 6:37:05 PM PST · by quantim · 54 replies
    AP/WorldMag ^ | Nov 25, 9:07 PM EST | JOAN LOWY
    WASHINGTON (AP) -- New fires involving the lithium-ion batteries in General Motors Co.'s Chevrolet Volt have prompted an investigation to assess the risk of fire in the electric car after a serious crash, the National Highway Traffic Safety Administration said Friday. One Volt battery pack that was being closely monitored following a government crash test caught fire Thursday, the safety administration said in a statement. Another recently crash-tested battery emitted smoke and sparks, the statement said. GM, which was informed of the investigation on Friday, said in a statement that the Volt "is safe and does not present undue risk...
  • Beechcraft Bailout Gone Bust

    11/21/2011 10:46:00 AM PST · by DefenseMatters · 30 replies
    Second Line of Defense ^ | 11/20/2011 | Ed Timperlake
    End-Game for USAF Competition? By Ed Timperlake November 20, 2011 11/20/2011 The headline in the Wichita Eagle says it all—“Hawker Beechcraft loses out on big Air Force contract” Reporter Dan Voorhis writing for The Wichita Eagle, (November 18 2011) points out that; “Hawker Beechcraft Corp. says the Air Force has informed the company that it lost out on a military contract worth nearly $1billion. “The company had hoped to win the Light Air Support contract with its AT-6, an armed version of its T-6 trainer. But on Friday, the company said it received a letter from the Air Force saying...
  • Taxpayer-Subsidized Electric Vehicles Disappoint Consumers (Except Jay Leno)

    11/21/2011 9:39:24 AM PST · by jazusamo · 24 replies
    National Legal & Policy Center ^ | November 21, 2011 | Paul Chesser
    Last week NLPC reported about aConsumer Reports reviewer’s unpleasant experience driving the all-electric Nissan Leaf. Despite Liza Barth’s frequent range anxiety and endurance of freezing temperatures so as to avoid using the Leaf’s heater to preserve its power, she declined to give it a “thumbs down.” Instead, she seemed to chalk up the inconveniences (like “numb fingers and toes”) to her own inability to adapt to new technology, rather than calling the electric vehicle what it really is: a failure that is massively subsidized by taxpayers. Last month another Leaf customer wrote about his experience, and as opposed to...