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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 Oct 7, 2011 / 9 Tishrei, 5772

Green jobs are national scandal

By Deroy Murdock




http://www.JewishWorldReview.com | Solargate is just the tip of the iceberg.

This cliche within a mixed metaphor reflects the madness of President Barack Obama's obsession with "green jobs." It would be bad enough if this disaster were limited to possible criminality at Solyndra -- the California-based solar-panel maker that Obama stimulated with loan guarantees, despite repeated internal warnings. Solyndra's August 31 bankruptcy transformed 1,100 green jobs into pink slips and marinated taxpayers in $527 million of red ink.

But many green-jobs programs that have not been raided by the FBI -- as befell Solyndra last September 8 -- nonetheless are fiscally reckless enough to merit a five-alarm national scandal.

Consider:

-- Hopewell Junction, New York's SpectraWatt, Inc. scored $500,000 from the Energy Department in June 2009 and $150,000 from the National Science Foundation in June 2010. Last August 19, the solar-power company went bust.

-- Evergreen Solar was stimulated with $5.3 million of Massachusetts government cash and praised by the White House for helping to "kickstart the economy." Evergreen went bankrupt last August 15.

-- Mountain Plaza, Inc. went bankrupt in 2003. Nonetheless, its "truck-stop electrification" technology won $424,000 in EPA stimulus funds administered by Tennessee's Transportation Department. Yet again, Mountain Plaza filed for bankruptcy in June 2010.

-- Notwithstanding its February 2009 bankruptcy and default on a $58 million loan from BNP Paribas, Wisconsin-based, ethanol-oriented Olsen's Mill Acquisition was stimulated with $10 million in January 2010, along with Olsen's Crop Services. ADM purchased the defunct operation's assets last month.

Team Obama also has subsidized projects that may be neither fraudulent nor failed, per se, but severely abuse taxpayers:

-- As the Wall Street Journal reports, cash-strapped Americans are changing babies' diapers less frequently and doubling down on diaper-rash ointment. What a perfect time for Team Obama to subsidize foreign solar companies.

Energy last June 18 gave Solar Trust, an American subsidiary of Germany's Solar Millennium, a $2.1 billion loan guarantee for a Blythe, California solar-power facility. Last June, Energy handed Spain's Abengoa Solar a $1.2 billion guarantee for its Mojave (California) Solar Project and backstopped $1.45 billion last December for Abengoa's Gila Bend, Arizona outpost.

-- On September 28, Energy approved a $737 million loan guarantee for Nevada's SolarReserve Project. It promises 600 construction jobs at $1.23 million each and 45 permanent jobs at $16.4 million per position. Energy also guaranteed $337 million for Sempra Energy's Mesquite Solar Project in Arizona. Its 300 construction jobs cost $1.12 million each, while its seven permanent positions equal $48.1 million per job created.

-- In Seattle, an Energy grant provided $20 million to weatherize homes. Sixteen months later, this outlay has generated 14 administrative jobs at $1.42 million apiece. How many homes have been retrofitted? Three.

Citing Energy's data, Investors Business Daily reports that subsidies averaged $1.65 per megawatt hour in 2007. Wind and solar: $24. Similarly, while Obama "invests" up to $48.1 million per job, private employers hire the average individual for $58,510 annually, the Labor Department calculates.

When will liberals join conservative in denouncing this green-jobs fantasy? While most free market supporters would convert these funds to tax relief or debt reduction, only blind liberals cannot see that this extravagance impoverishes their favorite causes.

Every dollar that chases a money-losing windmill is a dollar that cannot fund Head Start.

Every million that spawns only one job is a million that cannot finance 270 average Pell Grants for needy college students.

And every billion that vanishes into green bankruptcy is a billion that cannot help impoverished Americans heat their homes with government assistance.

It would be refreshing to see liberals fight as hard for poor people as for solar panels.

Undeterred, the president chases the Sun, like a motorist speeding west across the desert as dusk approaches. Obama swears that the Sun is within his grasp. Yet it stubbornly remains just beyond the horizon.

Too bad Barack Obama won't finance his self-defeating solar road trip with his own money.

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

Comment by clicking here.

Deroy Murdock is a columnist with Scripps Howard News Service and a media fellow with the Hoover Institution on War, Revolution and Peace at Stanford University.



Previously:

10/04/11: Obama proudly declares class war

09/23/11: Obama wrong about ‘Do-Nothing’ Congress

09/16/11: Obama needs Ryan's vision on jobs

09/09/11: Reaganomics trounces Obamanomics

09/02/11: Labor leaders to Obama: Stop killing jobs

08/26/11: Pro-market Perry vaults over Romney in GOP race

08/19/11: Some rich Americans will not rest until Washington boosts their taxes

08/12/11: Hope, change and free birth control for all

08/05/11: Debt deal does virtually nothing

07/21/11: Dems pro-choice on abortion but little else

07/15/11: Debt deception: If only Dems were honest and GOPers were courageous

07/08/11: Congress' war on light bulb blows up





© 2011, SCRIPPS HOWARD NEWS SERVICE

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