When you play the crony corporate welfare game, don't be surprised when companies spurn you for sweeter deals elsewhere. The Triangle just lost out on a sizable chunk of Cree’s $1 ... Keep Reading
Cree
Obama Visits Failing Cronies to Tout Job Creation
President Obama yesterday paid a visit to what seems to have become his administration's favorite North Carolina example of crony capitalism "green jobs." Cree lighting in Durham ... Keep Reading
Despite Gov’t Privileges, Cree’s Business Taking a Nosedive
It has been almost exactly a year since VP Joe Biden visited the Cree lighting company in Durham, who makes LED lights. In his visit, Biden proclaimed: “I don’t think I’ve ever ... Keep Reading
Look Beyond the Ribbon-Cutting Ceremony to Judge Corporate Welfare
The Durham Herald Sun recently ran my piece discussing why the corporate welfare handout to Durham-based Cree, Inc. is not worth celebrating. What the Cree ribbon-cutting ceremony ... Keep Reading
VP Showers Triangle Area With Economic Ignorance
Vice President Joe Biden paid a visit to the Durham-based Cree company yesterday. Cree is a leading maker of LED lights, touted as energy efficient bulbs. According to ... Keep Reading
