Three weeks ago, President Barack Obama stood in front of a sea of gleaming solar panels in Boulder City, Nevada, to celebrate his administration’s efforts to promote “green energy.” Stretching row upon row into the desert, the Copper Mountain Solar Project not far from Las Vegas provided an impressive backdrop for the president. Built on … Continue reading
General Motors stock acquired by the federal government in exchange for debt repayment is trading for about half the value used in the conversion calculation, while the stock market is significantly up for the year. If that stock were sold today, the taxpayers would lose $14 billion. Then there is Solyndra. Enough said. One year … Continue reading