Crony Capitalist N.Y. Utility Subsidy Boondoggle Now Facing Federal Lawsuit
So there's grave new trouble for New York Governor Andrew Cuomo's crony-capitalist, climate alarmist utility subsidy boondoggle: a federal lawsuit.
Since its introduction in August, CFIF has been exposing Cuomo's "Clean Energy Standard" (CES), a scheme approved by the state of New York's Public Service Commission made up entirely of his own appointees. In a nutshell, the CES creates an artificial mandate that 50% of all the state's energy be generated by carbon-neutral plants just 13 years from now. At a minimum, the CES will cost $1 billion in its first two years alone, and an estimated $8 billion over its 13-year existence. And it illustrates the sort of crony capitalism that is all too common at the federal, state and local levels because the plan's subsidies will be steered…[more]
The third and mercifully final presidential debate also turned out to be the most conventional. Fox News' Chris Wallace did a solid job pressing the candidates on issues in Las Vegas, giving them space to spar but not enough space to get out of control.
Of course, not even a strong moderator will deter candidates from misleading, lying and prevaricating all night. And since we know Trump's performance will be comprehensively fact-checked by the entire media, let's talk about three of Clinton's biggest whoppers.
First, was there anything more ridiculous in the debate than Clinton's answer on guns?…
"Iran's leaders, according to the nation's state-run press, now expect 'billions of dollars' in exchange for US hostages they're holding in Tehran's notorious Evin prison. Proving, yet again, the problem with ransoming hostages. ...Iran's hostage-taking habit is just one more mess the next president will have to clean up."…[more]