US Economy

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Transportation Secretary Ray LaHood’s Electric Car Predictions Are Big

U.S. Transportation Secretary Ray LaHood has left the Obama administration after several years of encouraging biking and walking while discouraging cell phones. During his departure, Secretary LaHood said, “By 2025, all of us, every family, will have some kind of hybrid or electric vehicle,” a very encouraging (if overly optimistic) prediction from a high level government official, and a Republican at that.

July 8th

Election 2012 Alternative Fuel Wrap Up

Politically, a line was drawn clearly in the sand separating the ideological views of conservatives and liberals in terms of their option on the current state of alternative fuels in the United States. With President Obama reelected it seems that the current support for alternative fuels will continue. One would think that it would mean that cries for fiscal responsibility from the right will not be far behind; however that might not be the case.

November 21st

Chrysler CEO rejects Romney's assertions as "cynical" and "inaccurate"

Republican Presidential nominee Mitt Romney has shown talent at spinning a narrative to fit his version of reality, but his most recent attempt to flip flop on the auto bailout is meeting particular resistance after Chrysler CEO Sergio Marchionne flatly rejected a recent Mitt Romney ad as flatly “inaccurate”, and GM called it “politics at […]

November 3rd

Great Scott! $90 Billion Dollars?

$90 billion. The Obama administration has put $90 billion in subsidies into solar and wind energy companies and about half of the companies have failed. That is the claim that Romney has said debate after debate. The argument is that the $90 billion could have been spent on something else. Solyndra and Ener1and now A123 […]

October 30th

Paul Ryan – Pro Green Energy Loans?

Vice Presidential candidate Paul Ryan, the fiscal conservative hero of the Republican Party, once supported a US Energy Department loan program aimed at developing greener cars. Furthermore, Ryan even called for DOE to hand out lump-sum payments to companies. My, how times have changed since 2008 and 2009.

October 4th