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]
Unless you're a high-ranking government official, it's hard to get a meeting with any secretary of state. But during Hillary Clinton's tenure, there was another way: Pay up. A staggering 85 of the 154 private-sector people who met or had phone conversations scheduled with Clinton donated money to the Clinton Foundation. That looks highly improper, as if she used her position to raise money for her family foundation.
Of course, appearances alone don't prove anything. The proof of her illicit intent is what she told the Senate Committee on Foreign Relations during her Jan. 2009 confirmation hearing.…
"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]