Headlines

These headlines are real ... they have all been discovered on Internet news sites. Guess which ones came from Politico?

100 California companies interested in building Trump border wall ...

Ichan's ethanol push fuels ethics storm

Second explosion rocks Sweden in 24 hours, suspected bomb

Nancy Pelosi: We have a right to know what is in the healthcare bill before we pass it

Spicer channels 'SNL' character: 'Don't make me make this podium move'

Trump's Mar-a-Lago is haven -- for spies

Melania Trump begins to embrace new role as first lady ...

France tries to stop immigrants by enforcing French at building sites

Foreigners who overstay visas outnumber those who cross border illegally ...

Trump administration fires [U.S. Attorney] Preet Bharara

Exclusive: Sarah Palin on Paul Ryan's Rino-Care -- 'Globaloney'

Teaparty activists look to Trump to clean up Ryan's Obamacare 2.0

Bile Green

The Obummer administration has just scored another big crony-capital debacle in its thoughtless pursuit of clean green energy ... see:  Breitbart Story. This time the will-o-the-wisp was biofuels and the cost to U.S. taxpayers looks like it will total something like $2.34 billion. The rat hole down which these funds were pored was Abengoa Bioenergy ... a Spanish firm ... showing that our government's poor financial judgement shows no national boundaries.

The project on which so much was squandered was cellulosic biofuels to be produced at the Hugoton, Kansas plant and six other U.S. locations. The Hugoton plant had a projected production capacity of 25 million barrels of ethanol. So far it has yet to sell its first barrel.

Of course this is not this Energy Department's first financial disaster. I have written in the past about a series of other bile green investments ... see: Frugal Green Energy. I choose not to add up the total taxpayer losses from the 13 failed green projects mentioned  ... for I am afraid my head would explode. However, my best guess is that it is north of $50 billion dollars.

Perhaps, if the Department of Energy could have found 97% of all climate scientists (the magic number) to agreed on these investments, it might have had a better batting average ... but I doubt it.