In this article, N&O editors decry the current state of North Carolina's "economic incentives" programs. Right now, those policies, intended to attract or retain job-creating ... Keep Reading
crony capitalism
Progressives Put Bureaucracy Before People
In today's column at the Freeman, Sheldon Richman reveals the true mindset behind the ignorant progressive mantra of "putting people before profits." Progressives today say people ... Keep Reading
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
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
Purdue to State Senate: “Hands Off My Corporate Welfare!”
Big surprise - the Governor doesn't want to cede control over millions of taxpayer dollars she uses to bribe corporations so that her office can issue a press release declaring she ... Keep Reading
Obamanomics = Corporatism, part II
As I pointed out here recently, President Obama's economic vision for America could most appropriately be labeled as corporatism. His view of an economic order is one in which the ... Keep Reading
