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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Sept. 28, 2011 / 29 Elul, 5771

Solyndra isn't the only ‘green‘ energy firm to receive government loans and then go bust

By Jack Kelly




http://www.JewishWorldReview.com | The Justice Department spent $16 each for muffins for refreshments at one conference. At another, hors d'oeuvres that cost $7.32 per serving were served, DOJ's Inspector General reported Sept. 20.

Our "public servants" do indeed live well at our expense. But what, you wonder, do $16 muffins have to do with government subsidies for "green" technologies?

DOJ's extravagance cost taxpayers perhaps $100,000. Subsidies for green companies are $16 muffins on steroids. They cost taxpayers tens of billions of dollars.

There are differences. Though Justice grotesquely overpaid, they did get muffins. All taxpayers likely will receive from green subsidies is more debt.

And while the $16 muffins can be attributed to the careless and self indulgence that, alas, often occurs when bureaucrats spend our money, there emanates from the green subsidies a stench of corruption.

Exhibit A is Solyndra, the showpiece of President Barack Obama's pledge to create five million "green" jobs over ten years. Vice President Joe Biden spoke (via satellite) at the dedication ceremony Sept. 4, 2009 for Solyndra's new plant in Fremont, California. The president spoke at the plant May 26, 2010.

"The true engine of economic growth will always be companies like Solyndra," Mr. Obama said then.

Solyndra's plant was financed by a $535 million guaranteed loan from a $38.6 billion pot of money in the stimulus bill. That was more than 35 states received for "shovel ready" projects.

The White House rushed approval of the loan despite objections from the Office of Management and Budget. Solyndra is owned by Tulsa billionaire George Kaiser, a major Obama fund-raiser. He and Solyndra executives made at least 20 visits to the White House.

Solyndra filed for bankruptcy Sept. 6. The FBI raided Solyndra's headquarters Sept. 8. Solyndra executives declined to answer questions at a congressional hearing last Friday on the grounds they might incriminate themselves.

Solyndra isn't the only "green" energy firm to receive government loans and then go bust. Evergreen Solar in Massachusetts and SpectraWatt, a solar cell company in New York, filed for bankruptcy in August.

The $38.6 billion set aside for loans for "green" energy firms will "create or save" 65,000 jobs, the administration said when the stimulus bill was passed. But with half the money doled out, only 3,545 new, permanent jobs have been created, the Washington Post noted Sept. 14. That's about $5 million per job.

Wind and solar receive subsidies of about $24 per megawatt hour, compared to an average subsidy for all energy sources of just $1.65, according to the Energy Information Administration.

The most economical fuel for electric power plants is natural gas, EIA says. Hydropower costs 30 percent more; coal 43 percent more; (onshore) wind 47 percent more; nuclear 72 percent more, solar up to 371 percent more.

Wind seems (almost) competitive. But windmills tend not to work when it is very hot or very cold, and it would take a line of wind turbines 110 miles long to supply all the electric power needs of a city of 300,000, science writer Kurt Cobb estimated.

This is why renewables other than hydro probably never will account for much more than four percent of electric power generation; "clean" technology industries for more than two percent of employment nationwide.

So the only Americans likely to benefit from green subsidies are those who receive them, and the politicians who get campaign contributions from the recipients.

"It's time to cash in on the mother of all government handouts," Solyndra's Mr. Kaiser told the Tulsa Rotary Club in July, 2009. He was speaking then of fund-raising opportunities for his family foundation. But Solyndra and other green also cashed in.

So has Mr. Obama. He'll attend a $25,000 a plate fund raiser in St. Louis Oct. 4 hosted by the owner of a wind power company which got a $107 million tax credit.

Given the cloud hanging over Solyndra, and the dismal job creation record of "green" companies, prudent officials would take care not to throw good money after bad. But Energy Secretary Steven Chu is shoveling out as fast as he can the $19 billion remaining in the loan guarantee fund before the stimulus program expires Sept. 30. Senate Democrats stalled a disaster relief bill to keep green subsidies alive.

They call themselves public servants. But the interests they serve are not those of the American people.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

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JWR contributor Jack Kelly, a former Marine and Green Beret, was a deputy assistant secretary of the Air Force in the Reagan administration.

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