Why won't good Republicans stand up to Trump? (Ted Kaufman)

Former Sen. Kaufman claims that support of the duly elected president of the United States is contrary to the "checks and balances" built into the Constitution by James Madison et al. and represents a grave threat to our system of government. Therefore, "good Republicans" should denounce the president.
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Fuel cell company shares up 66 percent (Karl Baker)

Shares of Bloom Energy were sold at $15/share in its IPO, bringing in about $270M (18M shares). Now trading on the NYSE under the symbol BE, the stock price was up by some 66% ($24.90 per share) when the News Journal story went to press.

Although no profits were predicted in the IPO prospectus, a Bloom officer (Matt Ross) is quoted that we’re “cash flow positive” and did the IPO for “transparency reasons.” It is now anticipated that the company will have 900 employees in DE at some point, but Ross said “I’m not going to put a timeframe on it.” Despite its commitment to transparency, Bloom continues to oppose an attempt by a co-founder of a now-defunct brokerage firm for private financing to release documents of a $16.7M settlement (in 2014) over his claims that Bloom misled him about its finances.

As of noon today, BE was selling at about $21.65 per share. We will continue to follow the stock with interest to see how it fares in the longer run. See SAFE’s prior comments: A skeptical view of proposed Bloom Energy IPO, 6/18/18.

Two views on "out-of-state" air pollution (various)

For once, someone has pushed back agains the out-of-state emissions complaint. It's about time! Read More…

Reactions to the nomination of Judge Brett Kavanaugh (various)

News Journal coverage of developing battle over SCT nomination battle was pretty balanced. Read More…

Carney signs "budget smoothing" order (Scott Goss)

Executive order on this subject won't bind legislators, but governor says the intent was to lead by example. Read More…
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