Archive for 16 Feb 2012

This is  from Andrew Napolitano. I can’t get the video to work, so, here’s the link to it on YouTube:

It’s pretty good, in my opinion.

What if…

Good video from Bill Whittle…

Nothing to see here. Move along. Move along.

Federal funds flow to clean-energy firms with Obama administration ties
By Carol D. Leonnig and Joe Stephens

Sanjay Wagle was a venture capitalist and Barack Obama fundraiser in 2008, rallying support through a group he headed known as Clean Tech for Obama.

Shortly after Obama’s election, he left his California firm to join the Energy Department, just as the administration embarked on a massive program to stimulate the economy with federal investments in clean-technology firms.

Following an enduring Washington tradition, Wagle shifted from the private sector, where his firm hoped to profit from federal investments, to an insider’s seat in the administration’s $80 billion clean-energy investment program.

He was one of several players in venture capital, which was providing financial backing to start-up clean-tech companies, who moved into the Energy Department at a time when the agency was seeking outside expertise in the field. At the same time, their industry had a huge stake in decisions about which companies would receive government loans, grants and support.

More: Venture capitalists play key role in Obama’s Energy Department – The Washington Post.

In related news:

Soros, Douglas support Natural Gas Act proponents

Investors in Vancouver LNG-engine firm to benefit from subsidies
by S. E. Robinson
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 April 6 in the House of Representatives. The bill is also known by the shorthand: Natural Gas Act.