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Issa to expand probe of Obama’s green cronyism
With the presidential campaign in full gear, expect Darrell Issa (R-Calif.), chairman of the House Committee on Government Oversight and Reform, to expand his public probe of the Obama administration’s green crony program that included risky loans to below-investment-grade companies like now-bankrupt Solyndra. Read more…
Read more: http://times247.com/#ixzz1wX79jP00
Times Opinion
GHEI: Spanish slowdown
Spain appears to be the next victim of Europe’s spending crisis. Like their colleagues in Athens, Madrid’s bureaucrats have been piling on the debt, avoiding any tough structural reforms that might require cutting back. Unlike Greece, however, Spain’s economy is so large that it can’t realistically be bailed out. Read more…
China slowdown deals blow to world economy
China’s slowdown worsened in May as its factories saw a further deterioration in demand at home and abroad, dealing a new blow to a global economy struggling with a sharp downturn in Europe and a faltering recovery in the United States.
Read more: http://times247.com/#ixzz1wX6txUua
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