Corporate Welfare

If It Ain't Broke, Break It: The Crisis Congress Continues

Rep. Keith Ellison | Posted 04.20.2012

Read More: Corporate Welfare, Export-Import Bank, Corporate Tax Breaks, Small Business, Imports, Reauthorizing the Export-Import Bank, Exports, Business News

If the Republicans are serious about aiding small businesses, then they should be all about supporting the Export-Import Bank's mission.

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Delta Embarrassed By Loan Guarantee From Federal Agency It Wants To End

HuffingtonPost.com | Ryan Grim | Posted 04.06.2012

Read More: Corporate Welfare, Boeing, Video, Mitch McConnell, Jim Demint, Economy, Exim Bank, Export-Import Bank, Harry Reid, Delta, Club for Growth, Obama, Ex-Im, Tea Party, Ex-Im Bank, Politics News

WASHINGTON -- A bizarre lobbying battle that pits Delta Air Lines and the Tea Party against the Export-Import Bank became even more interesting on Thu...

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GOP Senator Gives $500,000 To Corporate Welfare Recipient's Super PAC

HuffingtonPost.com | Zach Carter | Posted 03.24.2012

WASHINGTON -- Sen. Jim DeMint (R-S.C.) on Tuesday led a conservative Senate bloc opposing a government loan program on the grounds that it functioned ...

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On Behalf of the 1%, the Best Bargain Since Manhattan

J.H. Snider | Posted 04.24.2012

Read More: Corporate Welfare, Fcc, Payroll Tax Cut Extension, Crony Capitalism, Payroll Tax Cut, Spectrum Auctions, Media Ethics, Ntia, Broadcast TV, National Telecommunications and Information Administration, Federal Communications Commission, Business News

Unmentioned is that the payroll-tax cut bill, by bipartisan agreement, sets in motion a much larger transfer of public assets to the top 1%.

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CME Group's 'Golden Toilet'? Budget Cuts Renew Anger About Chicago TIFs

HuffingtonPost.com | Jen Sabella | Posted 01.25.2012

Read More: Corporate Welfare, Occupy Chicago, TIF Districts Chicago, Chicago Board of Trade, Video, Rahm Emanuel, Tax Increment Financing Districts, Chicago Tifs, Chicago Budget, Chicago Mercantile Exchange, Tifs, CME Group, Chicago News

CHICAGO -- On Tuesday morning, a group of about 50 protesters gathered at the Board of Trade -- home of the CME Group -- to deliver a "golden toilet" ...

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America's Welfare Queens Collect TARP Funds, Student Loans and Auto Bailouts, Not Food Stamps

John Hrabe | Posted 03.18.2012

Read More: Corporate Welfare, Welfare, Stereotypes, Bailout, Food Stamps, Newt Gingrich, Race, Newt Gingrich Food Stamps, Election 2012, Tarp, Newt Gingrich Welfare, Politics News

When in trouble, cue a Republican politician's favorite political villain, the welfare queen. You know the stereotype. The single African American mother whose full-time job is having more babies to increase her welfare benefits.

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Did Sears Betray Illinois Lawmakers?

Posted 12.29.2011

Read More: Sears Store Closures, Corporate Welfare, Illinois Tax Cut Package, Illinois Senate, Cme Illinois, Video, Pat Quinn, Sears Tax Cut, Ira Silverstein, Illinois State Senate, Illinois Business, Sears Illinois, Corporate Tax Incentives, Sears Tax Break, Illinois Tax Relief, CME Tax Cut, Chicago News

Updated story Just weeks after signing a bill that gave Sears millions of dollars in tax incentives to stay in Illinois, Governor Pat Quinn reacted...

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Illinois Senate Approves Corporate, Individual Tax Breaks

AP | Posted 12.14.2011

Read More: Corporate Welfare, Illinois Tax Cut Package, Illinois Senate, Cme Illinois, Pat Quinn, Sears Tax Cut, Illinois State Senate, Illinois Business, Chicago News, Sears Illinois, Illinois Tax Relief, CME Tax Cut, Chicago News

SPRINGFIELD, Ill. -- Illinois lawmakers have approved a $330 million package of tax relief to businesses and individuals. The state Senate approved t...

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Tax Relief Bill Could Keep Businesses In State, Help Struggling Families

AP | CHRISTOPHER WILLS and DAVID MERCER | Posted 02.12.2012

Read More: Corporate Welfare, Illinois Tax Cut Package, Pat Quinn, Illinois State Senate, Cme Illinois, Sears Tax Cut, Illinois Business, Illinois Senate, Sears Illinois, Illinois Tax Relief, CME Tax Cut, Chicago News

SPRINGFIELD, Ill. — Under the threat of losing thousands of jobs to other states, Illinois officials are on the verge of approving a tax-relief ...

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Occupy Wall Street Evicted by $174.5 Million Subsidized Firm

John Stoehr | Posted 01.17.2012

Read More: Corporate Welfare, Public Subsidies, Power, Police, Occupy Wall Street, Business, Zuccotti Park Eviction, Brookfield Properties, Zuccotti Park, Politics News

Zuccotti Park is different. While most parks are public, this one is privately owned. Its owner is one of America's largest commercial real estate firms. Brookfield Properties owns lots of property in lower Manhattan -- and its status among corporate "citizens" is enviable.

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The $1 Trillion Student Loan Debt Bubble: An Interview With Robert Applebaum

Brett Greene | Posted 01.09.2012

Read More: Catherine Austin Fitts, Congress, Robert Applebaum, Economic Crisis, Occupy Student Debt, President Obama, occupystudentdebt.com, Obama, Student Loans, Student Loan Debt, Student Loan Debt Clock, Corporate Welfare, Sallie Mae, solari.com, Student Loan Debt Bubble, Economic Policy, Economic Hardship, Dwindling Middle Class, Denver News

After writing an article on forgiving student loan debt as a way to stimulate the economy I was alerted to the fact that Robert Applebaum has a websit...

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CME Group, CBOE Tax Cuts Up For Debate In Springfield

Posted 12.25.2011

Read More: Sears, Pat Quinn, Corporate Tax Rate, Illinois Businesses, Illinois Corporate Taxes, Stand Up Chicago, Sears Illinois, Cboe, Sears Leaving Illinois, Corporate Taxes, Illinois Veto Session, CME Group, Corporate Welfare, Rahm Emanuel, Chicago Mercantile Exchange, Cme Group Leaving Illinois, John Cullerton, Chicago News

A proposal introduced by Illinois Senate President John Cullerton (D) Monday that drastically cuts state income taxes for CME Group and CBOE Holdings ...

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Soaking the Rich in Obama's Jobs Plan?

J.H. Snider | Posted 12.05.2011

Read More: Special Interest Politics, Public Assets, Corporate Welfare, Spectrum, Tea Pot Dome, Information Policy, Telecommunications, Wireless, American Jobs Act, Information Technology, Public Airwaves, Technology News

The Obama Administration's spectrum reallocation policy has been characterized by lots of talk of spectrum auctions and fees while in practice relying almost exclusively on giveaways.

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Republicans: US CEOs Are Wimpy, Girly-Men; Obstacles to Growth. Question: Has Corporate Welfare Made Them Lazy?

Paul Abrams | Posted 11.26.2011

Read More: Risk, Regulations, Overseas Profits, Taxes, Ceos, Girly-Men, Uncertainty, Corporate Welfare, Great Depression, Politics News

Listening to Republicans, it appears as if America's major affliction is a generation of wimpy, girly-men CEOs.

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Controversial Energy Subsidy Report Made Public By Watchdog Group

Brendan DeMelle | Posted 10.01.2011

Read More: Corporate Welfare, Energy Information Administration, Checks and Balances Project, Howard Gruenspecht, DeSmog Blog, Energy Information Administration Report Flaws, Energy Information Administration Report, Energy Reports, Renewable Energy Report, Green News

The Checks and Balances Project has obtained a copy of the controversial Energy Information Administration report that was called "garbage" by EIA Acting Administrator Howard Gruenspecht.

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PHOTOS: Thousands Rally Against Corporate Greed In Chicago, 24 Arrested

Posted 08.15.2011

Read More: Foreclosures, Corporate Welfare, Wall Street Bailout, Unemployment, Bailout, Bank Bailouts, Activism, Seiu, Corporate Greed, Chicago Teachers Union, Chicago Impact, Chicago Activism, Jobs Rally, Chicago News

Several thousand people gathered downtown Tuesday, protesting bank bailouts and tax cuts for the wealthy and demanding jobs and funding for schools. ...

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The End of EZ Money in California?

Al Norman | Posted 08.15.2011

Read More: Wall of Debt, Wal-Mart, Hiring Credits, Corporate Welfare, Enterprise Zones, Jerry Brown, Business News

California can't afford Enterprise Zone welfare, and companies like Wal-Mart don't need financial help from taxpayers. Very soon, the California Assembly will have to make a choice: between Wal-Mart or a Wall of Debt.

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Punishment Disproportionate for Welfare Cheats

Pat LaMarche | Posted 07.23.2011

Read More: Corporate Welfare, Fraud, Homeless, Welfare, U.S. Senate, Poor, Incarceration, Oil Companies, Politics News

Homeless advocates are often asked about welfare cheats and folks who abuse the system. So here's just one story about what happens when the poor are caught playing fast and loose with the rules.

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Friday Talking Points [167] -- Happy Friday the Thirteenth, Ron!

Chris Weigant | Posted 07.13.2011

Read More: Resigned, President Obama, Osama Bin Laden, Ron Paul, Ryan Budget, Bernie Sanders, Obama, Democratic, Arizona, Campaign, Race, Friday Talking Points, Securing the Border, 2012, Republican, Playing Politics, Mike Huckabee, Midotw, Ethics, Ryan, New State, Friday the 13th, Most Disappointing Democrat of the Week, Most Impressive Democrat of the Week, Kent Conrad, Reid, Friday the Thirteenth, House, Budget, Mexico, Baja Arizona, Democrat, Pima County, Congress, Subsidies, Bin Laden, Tax Breaks, Newt Gingrich, Democrats, Paul, Oil Companies, Barack Obama, Election, Corporate Welfare, Sanders, John Ensign, Vote, Mddotw, RJ Eskow, Ensign, Chris Weigant, Border, Harry Reid, Paul Ryan, Senate, Politics News

Ron Paul, apparently, is not a superstitious kind of guy. Tempting fate, as it were, he announced today that he's running for president once again -- on Friday the thirteenth.

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Suggestions for Obama's Medicare Counterproposal

Chris Weigant | Posted 06.12.2011

Read More: Social Security, President Obama, Demagogue, Drug Companies, Means Test, Democratic, Proposal, Reform, Obama, Republican, Bulk Purchase, Voucher, Discount, Ryan, Medicare, Left, Health Care, Donut Hole, Right, Budget, Medicare Part D, Democrat, Medicaid, Entitlement, Lie, Barack Obama, Means Testing, Seniors, Corporate Welfare, Paul Ryan, Healthcare Reform, Prescription Drug, Politics News

It's going to be very easy for whatever Obama comes up with to look a lot better than just handing seniors a voucher and saying: "Good luck with that medical insurance marketplace."

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The Social Security Fix: End Corporate Welfare

Jane White | Posted 05.28.2011

Read More: Corporate Welfare, 401(K), Deficit, Social Security, Tax Breaks, Corporate Taxes, Overseas Tax Breaks, Politics News

We need to acknowledge that our personal and federal financial deficits are more a function of corporate tax dodges than reckless spending or meager wage-replacement programs.

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EIA Energy Watcher: We Do Not Count Damaged Public Property in Price of Fossil Fuels

Mike Casey | Posted 05.25.2011

Read More: Corporate Welfare, Eia, Subsidies, Pollution, Energy, Oil Spills, Appalachia, Fracking, Chris Namovicz, Coal Mining Regions, Government Subsidies, Green News

When the dirty energy lobby claims it's not really subsidized, or hardly at all, it's OK to laugh. But it's important to point out that it's a lie -- and a big one at that.

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How Saudi Tax Law Determines US Oil Subsidies

Jim Barrett | Posted 05.25.2011

Read More: Oil, Oil Subsidies, Corporate Welfare, Tax Breaks, Obama SOTU, Oil Companies, Saudi Arabia, State of the Union, Green News

If we can't bring ourselves to make oil companies pay for the environmental risks and costs their products impose on us, the least we could do is to stop paying them for the privilege.

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How the Other Guys Play

Mike Casey | Posted 05.25.2011

Read More: Clean Energy, Subsidies, Dirty Energy, Barack Obama, Big Oil, Corporate Welfare, Green News

After President Obama's State of the Union address calling for a modest cut of just $4 billion in welfare for oil companies, the focus on this insanely wasteful spending has intensified.

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Tea Time for America's City Councils?

Jessica Peck | Posted 05.25.2011

Read More: Corporate Welfare, Cities and Towns, Foreclosure, Municipal Governments, Surprise City Council, Surprise Arizona, City Councils, Denver News

Our current economic crisis is not just about shining a spotlight on Washington's wasteful spending. It's about following the trail of every taxpayer dollar.

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