corporate subsidies

Watchdogs dig up troubling questions about federal loan guarantees for Southern Co. nuclear reactors

January 31, 2013 - The Southern Alliance for Clean Energy fought the Obama administration in court to get it to disclose details about the $8.3 billion in loan guarantees it offered private companies to build two nuclear reactors at Georgia Power's Plant Vogtle. Though heavily redacted, the documents they got suggest there may be trouble for taxpayers if the deal is finalized as now structured.

We subsidized it

August 31, 2012 - The Romney campaign had a strangely inapt group of messengers promote the theme of Ayn Rand-style entrepreneurship at the Republican Convention: GOP governors who have presided over deals in which huge sums of taxpayer money have been handed over to large corporations.

Banking on Boeing

May 21, 2012 - The bipartisan decision to extend the life of the Export-Import Bank of the United States -- which some conservatives have derisively dubbed "Boeing's Bank" -- shows that corporatists retain the upper hand in mainstream U.S. politics.