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February 2012
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“Green” corporatism is just as bad as any other corporatism.

U.S. Energy Secretary Steven Chu is undaunted by the federal government’s massive and costly failure in subsidizing Solyndra.

He is still pimping out the “progressive” green corporatism of giving tax money to company’s that can not otherwise raise capital.

He thinks thin-film technology used in solar panels has “huge market potential.” No, Mr. Chu, if it had huge market potential, the market would fund it.

What the technology has is huge political potential. By giving tax money to private companies, private executives can buy beach houses and boats. Then those same executives can afford to support more politicians who, in turn, will give them more tax money for a mountain condo and a Mercedes.

It is beautiful in its corrupt simplicity.

Another Statist to English translation

The Denver Post (see “Qwest seeks grant for Net“) reports, in classic Statist language, that

Qwest is seeking $350 million in federal stimulus grants to extend high-speed Internet service to more than 500,000 homes, businesses and schools in rural communities across its 14-state local phone service territory.

What this really means in English is that
Qwest, a private enterprise, is seeking $350 million of your money so that it can profit from an untapped market it does not wish to pay to enter.

Once again, in the name of “helping the poor,” a huge company wants corporate welfare so it can profit. This is not capitalism. It is corporatism. It is immoral. Yet it has become so entrenched in our society, we accept the description of “federal grant” as if it were something other than a blatant redistribution of money from taxpayers to a private corporation.

Fight corporatism and corporate welfare.

An example of corporatism

This Colorado statute is a perfect example of corporatism.

How much do you want to bet that who ever lobbied for this program had a fleet of old trucks ready to be retired; and was planning on buying a new fleet that qualifies for this government subsidy… er, I mean “qualifies to take this money out of your bank account.”

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C.R.S. 42-1-304. Green truck grant program – created.

(1) There is hereby created in the governor’s energy office the green truck grant program to provide grants to qualified recipients for reductions in truck emissions and energy usage by:

(a)

(I) Reimbursements of twenty-five percent, not to exceed fifty thousand dollars to a qualified recipient, of the overall cost incurred by a qualified recipient in purchasing or installing fuel-efficient technologies and emission-control devices approved by the United States environmental protection agency’s smartway transport partnership program, or any successor program, to reduce fuel consumption and emissions of greenhouse gases and other harmful air pollutants from trucks.
(II) The total of all reimbursements issued by the office to qualified recipients pursuant to subparagraph (I) of this paragraph (a) shall not exceed five hundred thousand dollars in a fiscal year.

(b)

(I) Providing grants of up to five thousand dollars per qualified recipient for the retirement and scrapping of a 1989 or older model year truck that is:

(A) Documented to have been in use for at least ten thousand miles during the calendar year preceding the qualified recipient’s application for the grant; and
(B) Donated to an established auto parts recycler, as defined in section 42-4-2201 (1), or a scrap metal recycler, that operates pursuant to all laws, rules, and regulations of the state and the United States environmental protection agency regarding recycling.

(II) The total of all grants issued by the office to qualified recipients pursuant to subparagraph (I) of this paragraph (b) shall not exceed two hundred fifty thousand dollars in a fiscal year.

(2)

(a) The office shall administer the grant program and shall award reimbursements and grants as provided in this part 3. Reimbursements and grants shall be paid out of the green truck grant program fund created in section 42-1-305.
(b) The office shall adopt policies for the implementation of the green truck grant program. At a minimum, the policies shall specify the procedures for applying for a reimbursement or grant, the form of the reimbursement or grant application, and the information to be provided by the applicant.
(c) The office shall review each reimbursement or grant application received from a qualified recipient and shall make a determination as to whether the reimbursement or grant should be awarded and, subject to the limitations in paragraphs (a) and (b) of subsection (1) of this section, the amount of the reimbursement or grant. If the office determines an application is missing any information required to be included with the application, the office may contact the applicant to obtain the missing information.

(3) Nothing in this section shall be construed to prohibit or restrict the ability of an auto parts recycler, as defined in section 42-4-2201 (1), from recycling any part of a scrapped vehicle for use as a replacement part.

Source: L. 2009: Entire part added, (HB 09-1298), ch. 417, p. 2315, § 3, effective June 4.