SHORT TAKES ON THE DRIFTING WRECKAGE – OVERNIGHT:

REVOLTING – OVERNIGHT:  "Follow the money" is one of the first rules of journalism.  How do you like this money trail?  From bizpacreview.com:  How much do solar, wind and electric vehicle companies get in federal handouts and tax loopholes in President Joe Biden’s Build Back Better bill? Well over $100 billion in taxpayer largesse. If all the tax credits are included, that number could reach half a trillion dollars. No other industry in American history has ever received this lucrative a paycheck.
The folks at the Institute for Energy Research calculated that this is on top of the more than $150 billion in subsidies these industries received from Uncle Sam in the last 30 years.  The umbilical cord to taxpayer wallets never gets cut. Yet, laughably, the left says all these subsidies to “green energy” are necessary for an “infant industry.” Really? Does Big Wind or Big Solar ever grow up? Incidentally, our ancestors were using windmills and solar panels during the Middle Ages.  You may be sure that some of this federal cash finds its way back to Washington in the form of campaign contributions.  But...but...aren't they saving the planet?  No, Virginia, they are not.  They're saving themselves.

December 26, 2021