Figured out who "James" is:

Democratic National Cronyism | Washington Free Beacon

"Jim Rogers, the CEO of Duke Energy Corp., one of the largest utility corporations in the country, has given generously to Democratic politicians over the years. Along with his wife, Mary Anne, he has contributed more than $210,000 to Democratic candidates and committees since 2008, more than double what the couple has given to Republicans. Of that figure, more than $150,000 went to the Democratic National Committee (DNC); $19,200 went to President Obama. ...

Just as Rogers has helped fund Democratic politicians, they, in turn, have helped steer massive amounts of federal funding to Duke Energy. The 2009 stimulus package, for instance, was a boon for the company: Duke received federal grants totaling $230.4 million for a number of “green” energy projects including “smart grid” development and wind energy storage.

According to Recovery.gov, Duke created 196.6 (a little over a million per) jobs as a result of the grants."

No Brakes probably refers to the way he spends other peoples money.