In the first presidential debate, Mitt Romney said of Obama’s green energy initiatives “You don’t pick winners and losers, you only pick losers.” The list of so-called losers, which already included the well-known Solyndra and the Chevy Volt also included Finnish car company Fisker. Fisker’s new electric vehicle, Karma, was created with a $529 million loan guarantee from Obama’s Department of Energy (DOE) and, as with previous green projects, it is not looking as though the taxpayers can expect repayment. 

There's little question that the whole of America has suffered in the last four years at the hands of the President's one-track energy policies.  While Mitt Romney has laid out a plan for American energy independence by the year 2020, the Obama energy policy seems to be shackled by tunnel vision, focused solely on the massive outpouring of taxpayer resources to unproven alternative energy companies.

At the Basic American Rights Seminar in Eugene, Oregon on September 29, the keynote speaker was Ann McElhinny, director of the documentaries Not Evil, Just Wrong and FrackNation.  Always an energetic speaker, one subject of her talk really stuck out.

FreedomWorks is proud to report that the 2012 GOP Platform, as approved at the 2012 Republican National Convention in Tampa, Florida, incorporates almost all key elements of the FreedomWorks “Freedom Platform”. Most notably, the 2012 GOP Platform calls for both an Audit of the Federal Reserve and the full repeal of Obamacare, two of the cornerstones of the Freedom Platform.  Striking similarities between the two platforms are an encouraging reminder of the ground that the freedom movement is gaining within the establishment Republican Party.  

With unemployment in the United States at 8.3%, job growth is something which should be encouraged. However, it would seem that the government is only interested in jobs that support their agenda.

The other week, I blogged here about G.E.'s crony capitalism tactics that take advantage of tax code loopholes and other special treatment for big corporations by big government.  FreedomWorks has long been beating the drum against rent-seekers like GE and Duke Energy, so it was a little surprising that yesterday's  New York Times article, "G.E.'s Strategies Let It Avoid Taxes Altogether,"

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Business Week does a great job of outlining GE's tax code shenanigans. In sum, the company has laid out big money to powerful DC lobbyists to take advantage of and keep various breaks and loopholes in the tax code.  This isn't anything new or particularly surprising, but it is a great example of what happens when you have a toxic combination of a long and complex tax code and rent-seeking corporations who have been able to carve out special treatment at the expense of individuals.