Written by Daniel Horowitz
Venture capital is a risky and rewarding business that, in a world of Adam Smith’s free market, would accurately predict, in most cases, the most efficient investments for creation of wealth and the betterment of human life. Venture socialism, on the other hand, shields investors in start-ups from all risk by funding their projects with both monetary and fiscal stimulus from the government. Now, those counting on taxpayer funding to augment their personal wealth portfolios know that green energy start-ups are “too big to fail,” just like the big banks in 2008.… Continue Reading
Tags: Adam Smith, ConnectDER, Federal Reserve, Free Market, Inflation Reduction Act, Leah Ellis, Moderna, Pfizer, Silicon Valley, Silicon Valley Bank, Sublime Systems, Venture Capitalism, Venture socialism, Vladimir Lenin, Washington Post, Whit Fulton
Climate Change, Federal Issues | David E. Smith |
March 17, 2023 8:00 AM |
Comments Off on The Invisible Hand Behind the Silicon Valley Bank Bailout? Green Energy Venture Socialism
Written by David Harsanyi
Earth is headed for a sixth extinction, warned biologist Paul Ehrlich on “60 Minutes” this Sunday. And since Ehrlich has predicted about 20 extinctions over the past 60 years, he’s a leading expert on the issue.
Couldn’t “60 Minutes” find a fresh-faced, yet-to-be-discredited neo-Malthusian to hyperventilate about the end of the world? Why didn’t producers invite a single guest to push back against theories that have been reliably debunked by reality? Because the media is staffed by environmental pessimists and doomsayers who need to believe the world is in constant peril due to the excesses of capitalism.… Continue Reading
Written by Laura Hollis
In the Marvel film “Avengers: Infinity War,” Thanos, a superbeing from another planet, is seeking six gems — the Infinity Stones — to put into the Infinity Gauntlet, a weapon which, when completed, enables the one who wears it to extinguish half of all life in the universe with just a snap of his fingers.
Thanos is cast as a supervillain, but he thinks of himself as an altruist. He explains to another Marvel character, Dr.… Continue Reading
Written by Gary Bauer
As the country struggles with record gas prices, it’s worth reviewing the left’s rhetoric and actions toward America’s energy industry.
Power plants, refineries and other major infrastructure sites have always been prime targets of our enemies. When hackers from Iran, Russia or communist China launch cyberattacks, our energy infrastructure is frequently at the top of their list.
But now the entire government of the United States is attacking our energy industry in the courts and through its vast regulatory powers. … Continue Reading
Written by Daniel Howoritz
Oil is king when it comes to energy policy, but coal and natural gas are just as important. In the case of all three fossil fuels, Western governments have engaged in an all-out war on exploration, production, and generation, banned Russia’s exports of those products, and then gave a monopoly to China, inducing the worst possible outcome for the American consumer and our national security.
Despite the two-decade war on coal by the climate Nazis, coal is still the largest source of electricity around the globe and is the second-largest source of energy in general.… Continue Reading
Written by Peter Heck
The crisis in Ukraine has highlighted, once again, the foolishness of the Western world’s climate change gambit – that is, shackling ourselves with economy-crippling restrictions that the globe’s largest, dirtiest, and most dangerous countries will ignore. Commentator Erick Erickson explained the ignorance recently:
Over the last two decades, Putin has taken advantage of the Western world’s grievous fixation with climate change. European nations have reduced their dependence on both fossil fuels and nuclear power.
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Tags: Climate Change, Dan Crenshaw, Erick Erickson, Joe Biden, Keystone XL Pipeline, Proceedings of the National Academy of Sciences, Russia, Ukraine, Vladimir Putin
Climate Change, Federal Issues | David E. Smith |
March 5, 2022 4:00 AM |
Comments Off on The West’s Fixation on Climate Change is Proving Disastrous