One of the biggest problems with corporate welfare programs is attempting to evaluate whether the "incentive" given to a company to do something (expand, create jobs, ... Keep Reading
corporate welfare
Welfare for a Company that Doesn’t Exist!
Oh this is just grand...Apparently, the NC Department of Commerce has given $600,000 of your taxpaying dollars to a company that doesn't have a physical presence. It ... Keep Reading
More SC Envy
SC Gov. Mark Sanford (and featured speaker at the 2007 Conservative Leadership Conference -- watch video here) pens a well-timed letter to President Bush urging him not to use TARP ... Keep Reading
More Trouble for Raleigh’s Taxpayer Subsidized Restaurant
Just two short months after a Triangle Business Journal report focused on the monetary losses of Raleigh's taxpayer subsidized "white tablecloth" restaurant, The ... Keep Reading
Damage Control, Part II
In addition to the nice puff piece mentioned below, Gerlach also submitted this letterto the editor of the Herald Sun in response to my op-ed. (right-hand column, fifth letter down ... Keep Reading
Damage Control
Oh look at this... Less than a week after Civitas' Brian Balfour pens an op-ed in the Durham Herald Sun calling for the shuttering of corporate welfare behemoth Golden LEAF, a ... Keep Reading
Foul Stench in the Winds of “Change”
This September WSJ article may prove to be quite accurate in light of this recent news: " (Michigan) Gov. Jennifer Granholm and former U.S. Rep. David Bonior are to serve on ... Keep Reading
Their Ship Has Sailed
More economic incentive failure - this time in the mountains. "A boat builder that received state incentives to relocate a manufacturing plant to the mountains is shuttering ... Keep Reading
The End to a Sad Saga?
Word comes today that the city of Roanoke Rapids has decided to sell the Randy Parton Roanoke Rapids Theater for $12.5 million.Unfortunately for the taxpayers of Roanoke Rapids, ... Keep Reading
I Thought the Bailout was for Weak Banks
Weren't we told by Congress and the President that the $700 billion bailout was needed or banks would go under?Why then are banks who don't need the money being forced to ... Keep Reading