corporate welfare

This announcement of a Durham window plant closing down shouldn't come as a surprise. After all, the housing market is slumping. But compare this unsurprising bad news to the ... Keep Reading

Many smaller banks nationwide are telling the government to keep its money according to this article in the Washington Post. Good for them, fighting off government handouts and ... Keep Reading

In the poll we conducted last week, we asked if voters approved of the bailout bill and whether it would impact their vote in Congressional races this year. Coincidentally, I was ... Keep Reading

Scott Mooneyham with an excellent editorial today on three high profile incentive projects that are turning into nightmares. But when three of the bigger incentive deals in the ... Keep Reading

When word started trickling in yesterday evening about a potential taxpayer-funded bailout of AIG, my thoughts surprisingly didn't turn to the disastrous precedent this is setting ... Keep Reading

The dust and tear gas have cleared from the Democratic National Convention in Denver and a very interesting point has surfaced from the street protests.  The protests included ... Keep Reading

We give Goodyear $20 million to supposedly keep them in NC. They shut down the plant for two weeks due to economic conditions. Imagine that, incentives can't control the global ... Keep Reading

The announcement today that Mack Trucks is relocating its headquarters from Allentown, PA to the Triad prompts an interesting question.  We're incentives needed for them to ... Keep Reading

No, we're not starting to make stock picks now, but you kind of have to question the critical thinking skills of the management of IBM.  They decided to build a $350 million ... Keep Reading