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DOE Grant Recipient Fleeces Taxpayers to Benefit Green Investors
Boris Horvat/AFP/Getty Images Solar Mosaic, a solar microfinancing outfit that received a $2 million Department of Energy (DOE) grant last summer and exploits a 30 percent federal tax credit,...
View ArticleSmaller Paycheck? Welcome to Obama’s Post-Fiscal-Cliff World
Working Americans receiving their first full paycheck of the year may have had a rude awakening today. Despite all the President’s promises not to raise taxes on the middle class, he did exactly that....
View ArticleNote to President Hollande: Investors Say “Oui” to Economic Freedom
French President Francois Hollande and his marketing gurus are on the offensive with their “Say Oui to France” campaign, meant to convince investors that the French economy is worthy of their money....
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Obama Inauguration Speech: More Transportation “Investment”
President Obama hinted toward at least one aspect of his second-term agenda during yesterday’s inaugural address: more transportation “investment.” No surprise there. Obama’s past budget requests,...
View ArticleCoverdell Education Savings Accounts—Now Safe from Taxation—Could Still Be...
Congress and President Obama preserved the rules regarding Coverdell Education Savings Accounts (ESAs) when they passed the “fiscal cliff” deal. Coverdell ESAs are the lone tax break available to...
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Morning Bell: Obama’s Bogus State of the Union Promises
Tonight, the American people will be watching President Obama’s fifth State of the Union address. How has he done on his promises over the past four years? Take a look at some of the promises Obama...
View ArticleJapan’s Economy – What Really Matters
Japanese gross domestic product (GDP) fell for the third straight quarter (October–December) and was essentially flat for 2012 as a whole. This continues two decades of stagnation in annual...
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Profitable or Not, Loan Guarantee Program Is a Failure
Newscom Representative Paul Ryan (R–WI) is receiving criticism for including two solar-generation projects in his budget plan as “failed” projects despite the fact that Mesquite Solar 1’s project in...
View ArticleGood News! Obama’s Sequester Cuts USDOC Programs!
As if we didn’t have enough to worry about, earlier this month an official from the U.S. Department of Commerce (USDOC) warned that many activities at USDOC—such as the activities of the USDOC’s...
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$1.2 Billion in Cash Goes to Energy Projects, Despite Sequestration
Rainer Jensen/dpa/picture-alliance/Newscom Despite a fiscal cliff and sequestration worries, more than $1.2 billion in cash payments for energy projects (in lieu of tax credits) have been issued by the...
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Trade Agreements Can Advance Economic Freedom
Kenichiro Seki/ZUMA Press/Newscom The United States is currently engaged in Trans-Pacific Partnership (TPP) trade negotiations designed to reduce barriers to international trade and investment. The...
View ArticleGreen Energy Companies Fisker and SoloPower Struggle Despite...
One foot on a banana peel, the other in the grave. That’s where Fisker Automotive and SoloPower find themselves, struggling for survival despite generous government handouts in the form of loan...
View ArticleAn Investment Treaty with China: Don’t Hold Your Breath
The U.S. and China yesterday announced that they are restarting talks on a bilateral investment treaty (BIT). Given China’s track record, it’s not clear that a BIT is a useful step now or in the near...
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A Band-Aid for Derivatives Trading
Uli Deck/dpa/picture-alliance/Newscom American regulators yesterday agreed, both internally and with the European Union, on how to deal with the trading of financial derivatives beyond U.S. shores. The...
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What’s Another $45 Million at the Energy Department?
Newscom The Department of Energy (DOE) announced it is spending $45 million of taxpayer money for 38 different projects for advanced transportation technologies. But private companies should be making...
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JOBS Act: Crowdfunding Moves Forward
Newscom The Jumpstart Our Business Startups (JOBS) Act, passed in April 2012 with huge bipartisan majorities, was designed to substantially reduce the regulatory burden on entrepreneurs seeking to...
View ArticleMorning Bell: The Investment Adviser in Chief
The Obama Administration finally seems to have noticed that all of their policy announcements so far have only fueled economic despair, not alleviated it. So President Barack Obama took the rare...
View ArticleMeet GM’s Bondholders: Jim Graves
As the State of Indiana announces it will no longer invest in bonds issued by banks and automakers who receive federal bailout money, and waits for a court ruling on whether the the U.S. government...
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“Mostly Free” Means Fewer Jobs, Less Money for Millions in U.S.
This year’s Index of Economic Freedom contains the unsettling news that the United States has dropped out of the exclusive club of free economies and is graded “mostly free” for the first time in the...
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The House Health Fix: Even Higher Job Killing Investment Taxes
It takes investment to get sustainable economic growth. We can’t spend our way to growth. We have to save some of the stuff we make today and use it to create new, higher value, tomorrow. If we...
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