Wisconsin Loans Money to Financially Troubled Companies
Brilliant use of resources
Government's terrible record when it tries to pick winners and losers
Shoveling money to your buddies can be embarrassing
Everybody hates crony capitalism (except the cronies)
Federal loan for high-stakes gamble on train tourism will not be considered
It's good to have powerful friends
Subsidies for media outlets, political consultants
Supporters defend subsidies for federally operated exchanges, even though the law only allows them through the states
The Pennsylvania Turnpike Commission is awash in red ink
Those who invested heavily may end up getting screwed
Through selling mandated emission credits, company essentially forced competitors to fund sales.
That's a special talent
Another rousing success for industrial policy
$750K sent to a ghost firm at a bogus address
Missed lots of red flags
Everybody needs friends
Taxpayers pick up the tab for part-time workers
Calls acting president a puppet to Havana
Making free stuff that nobody wants is a special government talent
Same arguments to support taxpayer-funded sports stadiums invoked
Well, at least the version Obama promotes anyway
Without proving they qualified
Not because they don't need them, but because they're taking them away from film and television companies (who also don't need them).
Ed Markey (D-MA) and Stephen Lynch (D-MA)
Selective, complicated exceptions to the law do not reduce the burden of government