Bad Karma? Obama promotes electric cars, but they still fall short

Guest post by Steve Goreham Originally published in The Washington Times Last Friday, President Obama once again pitched electric cars during his presentation at Argonne National Laboratory in Illinois. At one point, he called for an end to gasoline-powered vehicles, “…but the only way to really break this cycle of spiking gas prices…is to shift…

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Exxon called hateful for producing value

How do we know that Solyndra and First Solar and Fisker Automotive and thirty other failed Obama-subsidized green energy ventures are (or were) highly moral enterprises? Because they are all going bankrupt. They all produce less value for consumers than they cost in resources. That’s good because producing net value—making money—is the criterion of immorality. Such, at…