Obama’s “Big Green Mess” from the Daily Beast

from the Daily Beast:

This summer, federal inspectors made a routine visit to 11 homes in St. Louis to see what taxpayers got for the $5 billion that President Obama spent to help Americans weatherize their homes to save energy.

What they found was quite a surprise. Some of the energy-efficient furnaces installed at taxpayer expense spewed carbon monoxide that could poison occupants. New water heaters lacked required pressure valves, putting them in jeopardy of exploding. And a handful of contractors—unfamiliar with the nuances of specialized weatherization work—had used air blowers in homes with asbestos, potentially dispersing the cancer-causing agent, according to several Energy Department inspector-general reports.

for full article: http://www.thedailybeast.com/newsweek/2011/10/16/obama-s-green-energy-agenda-flop.html

Bank of America’s Ken Lewis will take Paulson & Bernanke Down with Him

Ken Lewis: If I’m Going Down, Hank Paulson and Ben Bernanke Are Coming Down With Me

• 2/4/10 at 5:18 PM
• Comment 8Comment 8Comments

Photo: Getty Images

No WAY is Bank of America CEO Ken Lewis going to be the only one to answer for the acquisition of crappy Merrill Lynch and its crappy bonuses, “a person close to Lewis’s defense team” (who may or may not be Ken Lewis himself) tells Charlie Gasparino today on the Daily Beast. NO WAY will he be a scapegoat, alone, for the people who twisted his arm to go through with the Merrill deal by telling him he would be fired if he didn’t. “If this thing goes to trial you can expect both Paulson and Bernanke to be on the witness list.” If he’s going down, he’s bringing them down, too. Bringing them down to Chinatown. Order in the court!
Read more: Ken Lewis: If I’m Going Down, Hank Paulson and Ben Bernanke Are Coming Down With Me — Daily Intel http://nymag.com/daily/intel/2010/02/ken_lewis_already_relishing_th.html#ixzz0eiMP1pXm