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Charlie's Angels - Nancy Pelosi in a Solar/Wind Jam

Posted by: Aaron Park | 08/31/2008 11:51 AM

All this talk over renewable energy hits an interesting crossroads.

Tax Credits are scheduled to expire at the end of this year for investments in Renewable energy sources.

Nancy Pelosi has enacted a policy of no spending cuts at all meaning when there is a tax cut or an extension of a tax cut / credit etc that is to expire... it has to be offset with a tax increase somewhere else.

Complicating matters is the group of Blue Dog Democrats who are deficit hawks who apparently have not figured out that budget cuts are another way to go.

Last year - the Alternative Minimum Tax relief bill was delayed into December because of the above issues.

WWCBD? Would Charlie advocate for spending cuts? Would Charlie join his fellow liberals in allowing R&D credits to expire because they don't want to cut social welfare programs? Would Charlie stand up to Nancy Pelosi?

Tom McClintock will advocate for smaller government and spending cuts - he has proven it for 22 years.

This is a link to an article about how Wind and Solar development R&D tax credits are set to expire...

It doesn't stop there: Pelosi has even more trouble when it comes to Wind Power.

Pelosi has taken thousands from "Green Energy" companies and seems to be pushing continued subsidies for this form of power. T. Boone Pickens - cited by many luddites as a Texas Oil Man who has seen the light, stands to gain millions from Government subsidies on Wind Power.

Pelosi has also bought large amounts of stock in companies whose existence is dependent upon Government subsidies... Charlie Brown would have come unscrewed if Doolittle had done the same thing.

WWCBD? Will he join with Pelosi and stick his hand out for campaign cash from those looking for government subsidies?

Take a look at this expose on the Wind Boondogle - no wonder why tax credits are set to expire, God forbid they stop Government subsidies.

So here you go Charlie - do you support Government subsidized power generation from an unstable medium? Will you stand up and ask why Pelosi has her fingers in the cookie jar? Tax Credits? Spending Cuts?

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