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When Uncle Sam Turns Venture Capitalist, What Could Go Wrong?

When Uncle Sam Turns Venture Capitalist, What Could Go Wrong? Authored by James Varney via RealClearInvestigations, The battery recycler Ascend Elements was riding high in 2023, flush with hundreds of millions of dollars in federal funding. The seed money provided to the Massachusetts company, which launched in 2017, was one of several large bets the Biden administration placed on the green future as it essentially created a venture capital arm at the Department of Energy and other agencies. In the movies, VCs almost always score big through their early investments in future...
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Oct 12, 2026 / Tyler Durden
Judge Orders White House To Stop Airing Taxpayer-Funded Ads
Judge Orders White House To Stop Airing Taxpayer-Funded Ads Authored by Aldgra Fredly via The Epoch Times, A federal judge on Oct. 11 issued a temporary restraining order barring the White House from airing the remaining slots of taxpayer-funded television ads featuring President Donald Trump and his administration's policies and achievements. U.S. District Judge Jennifer L. Rochon said the motion filed by watchdog group Common Cause, candidate for Alabama State House Robert Hunter, and Service Employees International Union 32BJ and its political action committee had the legal standing to challenge the White...
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May 21, 2026 / Tyler Durden
Exit Taxes Won't Save Failing States
Exit Taxes Won't Save Failing States Authored by Vance Ginn via TheDailyEconomy.org, When a state starts floating an exit tax, it is telling you something more important than any campaign slogan: the people running the place know their model is not working.  They may not say it that way. They will call it fairness, responsibility, or making the wealthy “pay what they owe.” But the meaning is the same.  If families, entrepreneurs, and investors are leaving, the state can either ask why its policies are pushing them out, or it can try to tax...
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Jul 21, 2026 / Tyler Durden
DOJ Seeks To Rescind US Citizenship Granted To 10 Individuals
DOJ Seeks To Rescind US Citizenship Granted To 10 Individuals Authored by Naveen Athrappully via The Epoch Times, The Department of Justice (DOJ) announced on Monday that it has filed to denaturalize 10 individuals charged or convicted with various crimes, including offenses against minors. “Under the Immigration and Nationality Act, a naturalized U.S. citizen’s citizenship may be revoked, and certificate of naturalization canceled, if the naturalization was illegally procured or procured by concealment of a material fact or by willful misrepresentation,” the DOJ said in a July 20 statement, adding that the...
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