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Ironic: Office of Thrift Supervision Wastes $320,000 on Unused Phone Lines

Contrarian Profits (July 31st, 2009) Writes:

President Obama’s recent budget trimming efforts show just how absurdly bloated the US government is. Obama is making a big deal about trimming the federal budget by $100 million – the so-called “$100 million savings challenge.” His cabinet outdid themselves. They responded with a plan to save $102 million – or 0.006% of the deficit!

When are these guys going to stop treating the rest of us like idiots? The amount saved covers just a few hours of interest on the federal debt!

To put all this nonsense in context, imagine your family budget. Let’s say your total income is $100,000 a year. But you have over $1,000,000 in outstanding debt. That means you have so much debt that your monthly interest payments take half of your gross income. That amount is growing every year. And you’re not putting a penny towards the principle.

That’s the government’s situation – they’re bankrupt. So what do

...

Geothermal Getting Some Press

Michael E. Brisky (May 22nd, 2009) Writes:
a href="http://www.nytimes.com/gwire/2009/05/21/21greenwire-geothermal-the-undervalued-renewable-resource-12208.html"A piece about geothermal energy made the NY times yesterday/a, and is an interesting read. It basically says that geothermal is starting to show up on the radar in Washington. This to me will be the most important factor in becoming a major part of our new energy plan. Will Washington step up and come up with a plan that can work? We can sit and debate cap-and-trade all day long, but in the end, there will be little we can do about it. I'd rather make a plan on how to make a profit with the bill that comes through. br /br /ulliEfforts by Congress and the Obama administration to fast-track renewables development nationwide has the geothermal industry on the verge of an unprecedented expansion, the groundwork for which is being established by the departments of Energy and Interior./liliThe Energy Department is expected ...

Russ Feingold (D-WI) Introduces Legislation Supporting Energy Efficiency and Biofuels

Small Cap Pulse (January 15th, 2009) Writes:
January 14, 2009 ndash; Yesterday Wisconsin Senator Russ Feingold introduced S. 222 to amend the Internal Revenue Code of 1986 to increase the national limitation on qualified energy conservation bonds and to clarify that certain programs constitute a qualified conservation purpose, and for other purposes; to the Committee on Finance. We expect to see further legislation supporting energy efficiency and alternative energy development. Here is the text from Feingoldrsquo;s comments on the floor:nbsp;nbsp;nbsp;nbsp; Mr. FEINGOLD. Mr. President, over the past few days I have introduced a series of bills that are part of my E4 Initiative, dubbed E4 because of its focus on economy, employment, education, and energy. Today I am introducing two bills that are part of this effort: the Community Revitalization Energy Conservation, CREC, Act of 2009 and the Energy and Technology Advancement, ETA, Act of 2009.nbsp;nbsp;nbsp;nbsp; The newest among my E4 bills is the Community Revitalization Energy Conservation, CREC, ...
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