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House Republican Says ‘Three Is A Trend’ in Another Stimulus-Funded Green Company Bankruptcy

CNS News

The third federally subsidized green energy company to declare bankruptcy seems to indicate a pattern, said Rep. Cliff Stearns, chairman of the House Energy and Commerce subcommittee on oversight and investigations.

“One bankruptcy may be a fluke, two could be coincidence, but three is a trend,” Stearns said in a written statement. “Our investigation continues, and we are working to ensure taxpayers never are never again stuck paying hundreds of millions of dollars because of the administration’s risky bets.”

DeMint: Obama’s Pipeline Decision Contradicts His SOTU Speech on Jobs, Energy

CNS News

President Barack Obama talked in the State of the Union address on Tuesday about bringing more manufacturing jobs to the United States, and decreasing foreign energy dependence. The irony is that it came a week after Obama rejected the Keystone XL oil pipeline, which would have created at minimum 20,000 jobs, said Sen. Jim DeMint (R-S.C) .

“Well, it’s like we’re living in two different worlds,” DeMint told CNSNews.com on Capitol Hill after Obama’s speech. “One week he kills a major source of energy that could make us more energy secure and insulate us from the instability in the Middle East. Now he’s talking about making us energy secure.”

New U.S. Ambassador to Russia: We Support ‘Universal Values’ Not ‘American Values’

CNS News

The new U.S. ambassador to Russia, Michael McFaul, said that in dealing with the former Soviet Union, he and the Obama administration would be advocating “universal values” and “not American values.”

McFaul was sworn in as ambassador to Russia by Secretary of State Hillary Clinton on Jan. 10. He made his remarks on Tuesday’s Morning Edition on NPR. The show’s host, David Greene, had asked McFaul about Russia’s “evolution towards demoracy,” and McFaul said “there is no single path to democracy” and that his job was to support universal values.

SOTU: Obama rehashes his 'wish list'

OneNewsNow

President Barack Obama delivered his third State of the Union address Tuesday evening. The 44th U.S. president took aim on tax equality, but critics said the address was more about his bid for re-election -- and media reports describe it as a "wish list" more than a "to-do list."

As expected, the president cast his vision of balancing the scales between the rich and the poor. "Where everyone gets a fair shot and everyone does their fair share and everyone plays by the same set of rules," he stated.

Obama outsourcing to Brazil; lawsuit filed

OneNewsNow

A former congressman says it's hypocritical of President Barack Obama to call on U.S. companies to "insource" jobs while he is choosing to outsource a lucrative government aircraft contract to a foreign company.

The Kansas City Star recently reported that Kansas-based Hawker Beechcraft Corp. filed a lawsuit, forcing the Air Force to halt work on a $354-million contract with a Brazilian company to build a light attack aircraft. The Pentagon awarded the contract to Nevada-based Sierra Nevada Corp., which will work with Embraer, a Brazilian corporation that produces the A-29 Super Tucano turboprop. But Hawker Beechcraft contends it was blocked from the contract process.

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