North Carolina has long been at the top of the list of state's with favorable business climates for site selections. But it has now dropped to number three on the list. Some tend ... Keep Reading
corporate welfare
NC Cronies May Lose Out to SC Cronies
In the state's latest money-laundering scheme to reward major political donors economic development deal, word has it that NC may be outbid by our southern neighbors. Four state ... Keep Reading
More Crony Capitalism Here in NC
This article does a nice job investigating and connecting the dots behind the corporate welfare scam economic incentives package being crafted by state lawmakers and unelected ... Keep Reading
GOP leader and Governor Perdue Spar Over Job Focus
What Governor Beverly Perdue calls her "Jobs Tour" swung by Raleigh Thursday (April 7) to criticize Republicans in the legislature for not focusing on creating jobs. She said GOP ... Keep Reading
More Corporate Welfare Failure
I blogged here recentlyabout Gov. Perdue's questionable claims taking credit for more than "50,000 new jobs for this state" as a result of the state's corporate welfare efforts. ... Keep Reading
Senate override’s veto of Balanced Budget Act and House now taking up HB2 veto
Republicans complained Governor Bev Perdue did not have the legal authority to borrow money from the Employment Security Commission funds to pay tax refunds. They were afraid if ... Keep Reading
Golden LEAF: Follow the Money
According to news reports, Rep. Paul Stam (R-Wake) is crafting legislation that would dissolve the Golden LEAF foundation - something I've advocated for years. Some of the uses ... Keep Reading
Perdue Vetos Budget Balancing Measure
Mark Binker of the Greensboro News-Recordreports on Gov. Perdue's veto of Senate Bill 13. In her statement, Perdue offered her reasoning: "the bill in its current form forces a ... Keep Reading
Perdue Hates Corporate Welfare So Much, She Asks for More
In this article, the N&O touches on Gov. Perdue's likely decision to veto SB 13. The bill would sweep millions in unspent money from various state accounts - money that would ... Keep Reading
Governor Perdue releases budget (updated with GOP reaction)
Governor Perdue released her budget this morning. Here is a link to the summary handed out at press conference. Republicans are already rejecting it. Republican Senate President ... Keep Reading