The economic pain from this will spread to all Americans—both as taxpayers and as energy consumers.
Obama’s Following Through With Promise to Bankrupt Energy Companies
Here’s one set of energy companies: Peabody, Arch Coal, Patriot Coal, Alpha Natural Resources, James River Coal and Walter Energy.
Here’s another: Solyndra, Abound Solar, Fisker Automotive, Beacon Power, Vehicle Production Group.
Both sets companies have two common elements. They’ve all filed for bankruptcies and the federal government had a role in their demise. The economic pain from this will spread to all Americans—both as taxpayers and as energy consumers.
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Heritage Foundation Nicolas Loris -- Bio and
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The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.
