-By Warner Todd Huston
Despite millions if federal loans, last week luxury hybrid car maker Fisker Automotive fired 80% of its employees at its California-based company. But now those employees hired the same law firm that sued “green energy” company Solyndra to charge that Fisker violated state and federal laws with the layoffs.
On April 5, Breitbart reported that Fisker Automotive, Inc. laid off up to 80% of its employees due to a cascade of major errors and bad business decisions even though President Obama pumped millions in federal tax dollars via loan guarantees into the company starting in 2011.
Fisker’s employees were already on a two week furlough when upon coming back to work were told they would be laid off. Employees reported they had received no severance package but did receive pay for vacation time earned.
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Lawyers: Obama-Supported Fisker Motors Layoff Violated Law”
In an interesting break from reality, Roll Call posits that Obama has now “given up” on Republicans as partners for helping him get some “governing done” in Washington DC. Of course, the Capitol Hill newspaper fails to show when it was that Obama ever consider the GOP to be his governing partner in the first place.
Well, when I said that CNBC’s business coverage was “playing catch up” with Fox Business Network, I didn’t know how close to the truth I had it as this month, CNBC copied FBN’s coverage from last fall of the amazing growth that Houston, Texas has seen over the last few years.
As President Obama is heard scolding Republicans on a near daily basis for forcing a sequester that is shutting down government and halting funding for things like White House tours, he and First Wife Michelle geared up Tuesday for a star-studded, soul music concert in the White House that featured such stars as Justin Timberlake, Queen Latifah, and the Reverend Al Green.
The Cleveland Plain Dealer, Ohio’s largest newspaper, has announced that while it will continue to print editions every day, it will cut home delivery from a seven-day-a-week schedule to but three for subscribers.
The “Green Energy” sector has been hit with a series of setbacks over the last few years. From a wind farm being cited for killing an endangered eagle, to solar energy’s tumble from investor favor over dismal performance, to a growing list of companies gone bankrupt even after President Obama pumped millions of our tax dollars into them, the so-called Green Energy sector has certainly seen better, more hopeful days.
Even as the Department of Education prepares to make cuts to federally-funded schools on Native American reservations, DOE is also offering a new six-figure job to promote “Educational Excellence for African-Americans.” Worse, the job seems to be going to a an adviser to Democrat Representative Charlie Rangel.
Apologizing for not winning the last election, a chastened and humbled Mitt Romney came before the crowd at CPAC here today vowing to be a “coworker” with conservatives to get the country back on the right track.
The State Department has released its much-anticipated report on the environmental impact of the Keystone Pipeline and, to the alarm of the green lobby, it seems to leave President Obama with little reason to continue delaying construction.
Congresswoman Maxine Waters (D, CA) had a dire prediction for America due to sequestration claiming that 170 million jobs would be lost as a result of the policy. But according to the Bureau of Labor Statistics there are only about 140 million jobs in the whole country.
Despite some $430 million in tax breaks for Hollywood in last year’s “fiscal cliff” deal, DreamWorks Animation CEO Jeffrey Katzenberg has announced that he is cutting 350 people by the end of the year.
A number of firearms manufacturers and companies that sell firearms related products have joined a growing list of companies refusing to do business with states, counties, and other government agencies that pass new laws restricting citizens’ Second Amendment rights.
President Obama’s State of the Union speech was yet another opportunity to demand a new laundry list of big government programs and massive spending, but MSNBC’s Chris Matthews seemed to have some trouble seeing anything “liberal” in it.
Apple CEO Tim Cook sat with Michelle Obama as the President delivered his State of the Union speech on February 12.
I had a few minutes to speak privately to Illinois Congressman Peter Roskam (R, 6th District) about the upcoming State of the Union speech that the President will give tonight and as far as Roskam is concerned the speech tonight will be nothing but a “highly charged and very, very political” speech that won’t contain many actual solutions.
One of the world’s premiere environmentalists, credited as a founder of the green movement, is fighting plans to erect wind turbines in his own village.
Once again liberal economist and New York Times columnist Paul Krugman has said that our government trillions in debt is not a problem and even intimated that we might we crank up the printing presses and print more fiat money to get us out of our bad economy.
NPR is again flogging a recent anti-fracking protest song performed by Yoko Ono and Sean Lennon that features the memorable refrain, “pleeeease, don’t frack my mother.”