Two stories in the news, one local and one national, help us answer that question. First, a pair of stories from the New Hampshire Union-Leader: Representatives of the state's major hospitals fought a proposal that could pave the way for a for-profit cancer facility to come to the state at a hearing Tuesday that was … Continue reading Business Associations: Whom Do They Really Represent?
The New York Constitution prohibits pork-barrel spending and corporate welfare: government money for private projects. Here's what the clause says: [T]he money of the state shall not be given or loaned to or in aid of any private corporation or association, or private undertaking. Couldn't be clearer, right? Wrong. The state supreme court today ruled … Continue reading NYS Supreme Court Judicially Amends the State Constitution
ABC News has done a carefully researched investigative report on the Department of Energy's billions of dollars in awards to electric car programs that remain years away from profitability. They lead with a headline intended to appeal to the economic nationalism of the mass public -- "Car Company Gets Loan, Builds Cars in Finland" -- … Continue reading Green Auto Corporate Welfare: The Next Solyndras?
It goes way beyond Merck.