loan guarantees

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.

Corporations are the real moochers

September 21, 2012 - From arranging their affairs so they get checks from the IRS rather than writing them, to their reliance on government contracts, U.S. corporations show a serious dependency on public assistance.