$10 Million To Develop $50 Light Bulb

A look inside the Florida factory of LED bulb manufacturer Lighting Science Group, the sort of innovative, "green" company that many would like to keep in the U.S. Washington Post

Obama Spends $10 Million To Develop $50 Light Bulb -- Don Surber

The Obama administration created a $10 million L Prize to award the manufacturer who came up with an affordable and efficient light bulb. One would think the marketplace would take care of that but our federal government no more believes in free enterprise than I believe in global warming. This program began under President Bush.

Ah yes, who knows more about efficiency than the federal government?

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Update: Government-subsidized green light bulb carries costly price tag -- Washington Post

My Comment: There is NO MARKET for a $50 light bulb .... unless (of course) the government mandates it.

Where The PAC Money Is (Graphic)

(Click on Image to Enlarge)

Who Are The GOP Super PAC Donors

Super PAC Donors Revealed: Who Are The Power Players In The GOP Primary? -- Washington Post

Harold C. Simmons, a billionaire corporate raider from Texas, pulled out his checkbook on Jan. 13 and gave $100,000 to a super PAC backing Mitt Romney, then donated $5 million more to another PAC stacked with Romney confidants.

But 11 days later, Simmons doled out $500,000 to a super PAC devoted to Newt Gingrich, who had just trounced Romney in the Republican presidential primary in South Carolina.

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Another Vacation For Michelle Obama

Michelle's Ski Trip Marks 16 Obama Vacations -- Washington Examiner

First lady Michelle Obama’s weekend jaunt to Aspen, Colorado for a President’s Day ski holiday with her daughters Sasha and Malia makes the 16th time members of the first family have gone on extended vacations during their three years in office.

Their stay at the home of a major Chicago fundraiser for President Obama makes the fifth time the first lady and her daughters have taken a break from Washington on their own. Only once has Obama had a long weekend out of town and alone, celebrating his 49th birthday in Chicago in August 2010.

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My Comment: 16 vacations in 3 years .... wow .... I definitely took the wrong course in life.

Maxine Waters Case In Limbo With Mass Recusals

Ethics Panel Members Recused In Maxine Waters Case -- Politico

Six members of the House Ethics Committee — including all five Republicans on the secretive panel — have recused themselves from the long-running case involving Democratic Rep. Maxine Waters (Calif.), an unprecedented move that raises new questions on whether the Waters case can be finished.

Reps. Jo Bonner (R-Ala.), chairman of the Ethics Committee, and Rep. Michael Conaway (Texas), who was the lead Republican on the special subcommittee that investigated Waters, are among the recusals, Bonner said in a letter released on Friday.

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My Comment: The Democrats are closing ranks around Democratic Rep. Maxine Waters (Calif.).

Interference Seen In Philadelphia Newspapers

Protesters outside the newspapers' building on Tuesday. Jessica Kourkounis for The New York Times

Interference Seen in Philadelphia Papers -- New York Times

Last week, Gregory J. Osberg, chief executive and publisher of the Philadelphia Media Network, which publishes The Inquirer, The Daily News and Philly.com, summoned the news organization’s three most senior editors to his office.

Over three hours, he told them he would be overseeing all articles related to the newspapers’ impending sale. If any articles ran without his approval, the editors would be fired, according to several editors and reporters briefed on the meeting who did not want to be identified criticizing the company’s leadership.

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My Comment: Bias and manipulation in the news media .... I am shocked I tell you .... SHOCKED!!!!

Why Are Federal Funds Flowing To Clean-Energy Firms With White House Ties?

Image from the RNC

Federal Funds Flow To Clean-Energy Firms With Obama Administration Ties -- Washington Post

Sanjay Wagle was a venture capitalist and Barack Obama fundraiser in 2008, rallying support through a group he headed known as Clean Tech for Obama.

Shortly after Obama’s election, he left his California firm to join the Energy Department, just as the administration embarked on a massive program to stimulate the economy with federal investments in clean-technology firms.

Following an enduring Washington tradition, Wagle shifted from the private sector, where his firm hoped to profit from federal investments, to an insider’s seat in the administration’s $80 billion clean-energy investment program.

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My Comment: Wow .... we are talking about an $80 billion clean-energy investment program .... that's big money.