Another “troubled” Department of Energy loan UPDATE

Remember Solyndra?  This weekend, Beacon Power Corporation of Tyngsboro, Massachusetts filed for bankruptcy protection. In August, 2010, the Obama administration, through the Department of Energy, gave it a $43 million loan guarantee to build a plant in Stephentown, New York that opened in January, 2011. Here is what Beacon Power does. It makes, [f]ast-spinning flywheels [that] can…

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What is a household?

Last week, the Congressional Budget Office released the results of a study comparing average household income in 1979 to average household income in 2005.  Over this 25 year period, the top 20% of  households had a 10 point increase in their incomes (with most going to the top 1%) while the other 80% of households…

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FCC approves a new fee to be added to your phone bill

If you pay any attention to your phone bill you know that buried within the “other charges” section is something called the Universal Service Fund Fee. Of course, there are lots of such “other charges”, so much so that for me, at least, they amount to 39% of my phone bill, excluding any long distance…

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How to destroy a black man, Democrat style

I just read an article at the Weekly Standard blog describing the comments made by MSNBC analyst Karen Finney: One of the things about Herman Cain is, I think that he makes that white Republican base of the party feel okay, feel like they are not racist because they can like this guy,” Finney said.  “I…

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Peter Schiff at Occupy Wall Street

It’s kind of fun to watch some of the responses from the Occupy Wall Street (OWS) crowd as a good number of them seem to be off the wall, but to be fair, there are many protestors who have serious questions. Peter Schiff thinks the movement is getting a bad rap, and attempts to redirect…

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