DOE Failed Investments in Green Companies
The federal government should not be involved in investing in the market. Leave that to venture capitalists, that is what they are experts in doing. Markets should not be manipulated by a government trying to force open a market for what it considers important, namely green jobs.
Markets are highly complex, and managed by individuals and companies making decisions on how and where to spend or invest their money. It is efficient because it is based on choice. When the government takes my money in the form of taxes, and spends it not how I would, but how they prefer I would, that is inefficient.
This list of failed investments is evidence of that.
Friday, October 19, 2012
Monday, October 15, 2012
Top 10 examples of media malpractice - Conservative News, Views & Books
Top 10 examples of media malpractice - Conservative News, Views & Books
The reason our press has the freedom it does, according to the Constitution, is to allow them to maintain a check on the government, and report activities accurately to the voting public. If the press forgoes this vital function, what purpose do they then server? Does the term 'propoganda' mean anything?
The reason our press has the freedom it does, according to the Constitution, is to allow them to maintain a check on the government, and report activities accurately to the voting public. If the press forgoes this vital function, what purpose do they then server? Does the term 'propoganda' mean anything?
Thursday, October 4, 2012
Taxes, Spending and Growth
Everyone who hears politicians talk about "revenue" know they are talking about raising tax rates. It is a common misconception that raising tax rates will result in raising tax revenue. This concept has been proven incorrect multiple times.
Secretary of Treasury Andrew Mellon proved this first in the 1920's, when he fought successfully to lower tax rates to encourage investment in something other than tax exempt securities. Investors made more money, business expanded, more people made more personal income, and tax revenue increased.
This same formula was used by presidents Kennedy (1960's), Reagan (1980's) and G.W. Bush (2000's). I find it incredibly dishonest for democrat politicians to continually repeat the opposite is true, that tax cuts result in less revenue.
Here is a paper that deserves your attention in advance of voting. If anything, read this and compare what your elected officials are saying about tax policy.
Trickle Down Theory & Tax Cuts for the Rich PDF
Secretary of Treasury Andrew Mellon proved this first in the 1920's, when he fought successfully to lower tax rates to encourage investment in something other than tax exempt securities. Investors made more money, business expanded, more people made more personal income, and tax revenue increased.
This same formula was used by presidents Kennedy (1960's), Reagan (1980's) and G.W. Bush (2000's). I find it incredibly dishonest for democrat politicians to continually repeat the opposite is true, that tax cuts result in less revenue.
Here is a paper that deserves your attention in advance of voting. If anything, read this and compare what your elected officials are saying about tax policy.
Trickle Down Theory & Tax Cuts for the Rich PDF
Obama appoints wife of Univision owner to UN diplomatic post
Obama appoints wife of Univision owner to UN diplomatic post - Nation - MiamiHerald.com
President Obama appinted the wife of billionaier owner of Univision to a post at the United Nations.Is this a purely political move in terms of placing the owner of the network whose reporteers grilled the presidetn on Fast & Furious? Is this an attempt to reward a democratic contributor by appointing her to this post?
President Obama appinted the wife of billionaier owner of Univision to a post at the United Nations.Is this a purely political move in terms of placing the owner of the network whose reporteers grilled the presidetn on Fast & Furious? Is this an attempt to reward a democratic contributor by appointing her to this post?
Wednesday, October 3, 2012
Bain v Obama
Here is a partial list of successful companies that Bain Capital has invested in:
Bain Portfolio
AMC Entertainment
Burlington Coat Factory
Clear Channel Communications
Dunkin' Brands (Dunkin' Donuts & Baskin Robbins)
Guitar Center
Gymboree
Michaels
The Weather Channel
Toys R Us
Here is a partial list of companies President Obama has invested US tax dollars in:
Forget Bain
Raser Technologies - $33M - filed bankruptcy
ECOtality - $126M - Losses piling up, may never make money
Nevada Geothermal Power - $98.5M - may never make money
First Solar - $3B - fired 30% of work force
Beacon Power - $43M - dismal outlook
SunPower - $1.2B - owes more than it's worth
Solyndra - $535B - bankrupt
Bain Portfolio
AMC Entertainment
Burlington Coat Factory
Clear Channel Communications
Dunkin' Brands (Dunkin' Donuts & Baskin Robbins)
Guitar Center
Gymboree
Michaels
The Weather Channel
Toys R Us
Here is a partial list of companies President Obama has invested US tax dollars in:
Forget Bain
Raser Technologies - $33M - filed bankruptcy
ECOtality - $126M - Losses piling up, may never make money
Nevada Geothermal Power - $98.5M - may never make money
First Solar - $3B - fired 30% of work force
Beacon Power - $43M - dismal outlook
SunPower - $1.2B - owes more than it's worth
Solyndra - $535B - bankrupt
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