The Red/Blue Paradox
Posted by admin / Under Subsidies In India
When you compare the 50 laboratories of democracy after sorting them based on how their citizens voted in November 2008, only 10 Democratic-voting states are net recipients of federal subsidies, as opposed to 22 Republican states. Only one red state (Texas) is a net payer of federal taxes, as opposed to 16 blue states. One blue state (Rhode Island) pays as much as it gets.
Published on Wednesday 23rd of May 2012 11:12:24 AM
Why would anyone object to subsidizing this kind of education?
Posted by admin / Under Subsidies In India
Public education is something best done privately. Then you can pay for what you get and if you don’t get what you pay for, get your money back. But public education doesn’t work that way. You get what you get, and you keep paying and paying. And the process not only turns out what it turns out (sigh), but it engenders attitudes like the Harford Courant recently reported...
Published on Wednesday 23rd of May 2012 11:12:24 AM
No way to fix a ‘fiscal disconnect'
Posted by admin / Under Subsidies In India
Gov. Jerry Brown on Monday unveiled his revised budget for the coming fiscal year with twin pleas. He pleaded poverty and pleaded with voters to approve more taxes on the November ballot. Both pleas are curious. . .
Published on Wednesday 23rd of May 2012 11:12:24 AM
Discount giant Aldi 'took government subsidies'
Posted by admin / Under Subsidies In India
German discount supermarket giant Aldi, which has consistently made its owners the richest men in the country, has been taking government subsidies to train employees, it emerged at the weekend. But weekly magazine Der Spiegel said many details remain shrouded in secrecy even by the government, to protect the commercial interests of Aldi Nord and Aldi Süd—separate but associated companies. Information officially requested from the Federal Office for Goods Transport (BAG) did show that Aldi training was being paid for with government funds, but details were scarce. …
Published on Wednesday 23rd of May 2012 11:12:24 AM
Romney Must Clarify Positions on Auto Bailouts and Energy Subsidies
Posted by admin / Under Subsidies In India
A couple of stories surfaced recently that should be of concern to voters that are analyzing how a Romney presidency would differ from the current administration. President Obama has a track record that can be examined to get a grasp of his agenda, but Governor Romney needs to further explain his positions on two key areas that many voters would expect to see a divergence with our present leader. The reports bring in to question whether or not Romney would be any different from the administrations over the past 12 years when it comes to dumping billions of taxpayer dollars...
Published on Wednesday 23rd of May 2012 11:12:24 AM
Romney Must Clarify Positions on Auto Bailouts and Energy Subsidies
Posted by admin / Under Subsidies In India
A couple of stories surfaced recently that should be of concern to voters that are analyzing how a Romney presidency would differ from the current administration. President Obama has a track record that can be examined to get a grasp of his agenda, but Governor Romney needs to further explain his positions on two key areas that many voters would expect to see a divergence with our present leader. The reports bring in to question whether or not Romney would be any different from the administrations over the past 12 years when it comes to dumping billions of taxpayer...
Published on Wednesday 23rd of May 2012 11:12:24 AM
Sens. Grassley, Thune Want Answers on Fisker Loan
Posted by admin / Under Subsidies In India
Why are taxpayers forced to underwrite a loan for the producer of a $107,000 toy vehicle for the wealthy, the majority of which is assembled at a European auto plant? Two weeks ago Republican Sens. Charles Grassley of Iowa and John Thune of South Dakota askedEnergy Secretary Steven Chu those and some other pointed questions about his department’s decisions, in granting a $529 million taxpayer loan guarantee to Fisker Automotive, a luxury electric car manufacturer. The politically connected automaker has stumbled a number of times in delivering its six-figure Karma to market, with two recalls related to battery defects,...
Published on Wednesday 23rd of May 2012 11:12:24 AM
Solar industry faces subsidy cuts in Europe (but zots are still delivered without gov't subsidy)
Posted by admin / Under Subsidies In India
Hanover, Germany — Shiny black solar panels are as common a sight as baroque church spires in this industrial hub, thanks to government subsidies that have helped make Germany a world leader in solar technology. Now, sudden subsidy cuts here and elsewhere in Europe have thrown the industry into crisis just short of its ultimate goal: a price to generate solar energy that is no higher than fossil-fuel counterparts. Across Europe, governments are slashing public spending to cut their deficits, and green-energy subsidies are a target, too, even as solar power accelerates in the United States, helped by sympathetic federal...
Published on Wednesday 23rd of May 2012 11:12:24 AM
GM Executive Refutes Chevy Volt / EV Hype (Good article)
Posted by admin / Under Subsidies In India
The WSJ yesterday reported that auto company executives are skeptical regarding the prospects for plug-in electric vehicles like the Chevy Volt. The skepticism was displayed at the annual Society of Automotive Engineers World Congress. Among the skeptics was General Motors' executive director of powertrain-engine engineering, Sam Winegarden (in photo). It seems that not all criticism of the Chevy Volt and cars like it are driven by a right-wing conspiracy to enrich oil companies. Mr. Winegarden presented a chart comparing the amount of energy delivered by a given volume or mass of fuel. According to the article, "On his chart,...
Published on Wednesday 23rd of May 2012 11:12:24 AM
Localities Get Up to $33,000 in Subsidies per Chevy Volt (Outrageous tax dollar waste)
Posted by admin / Under Subsidies In India
A Jacksonville.com report gives a good explanation for why some Florida localities are purchasing Chevy Volts. When Jacksonville's chief of fleet management, Karim Kurji, was asked what the advantage of going green by purchasing Volts was he hit the nail on the head when he replied, "Federal money." The story goes on to reveal that the total federal taxpayer money used to subsidize one Chevy Volt purchased by Atlantic Beach was over $33,000. It now appears obvious that the Obama Administration and General Motors are willing to pay just about any price, even if the taxpayers are footing the...
Published on Wednesday 23rd of May 2012 11:12:24 AM
Over-Stimulus, EV Indifference a Lethal Mix for Battery Companies
Posted by admin / Under Subsidies In India
The Obama Administration has over-stimulated the electric vehicle battery market, as companies inspired by the flow of federal stimulus support don’t have enough customers for their products. The government promise of a coming electric car (and truck) revolution, thanks to moves such as President George W. Bush’s signature to approve a $7,500-per-electric-vehicle tax credit and Congress’s passage of the Recovery Act, instigated a buildup of capacity and inventory for batteries. Now putrid EV sales – including the newly introduced Ford Focus electric – have put their battery makers in peril, according to the Detroit Free Press . “A looming...
Published on Wednesday 23rd of May 2012 11:12:24 AM
Share this!