Free Republic 2nd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $40,032
45%  
Woo hoo!! And the first 45% is in!! Thank you all very much!!

Keyword: corporatewelfare

Brevity: Headers | « Text »
  • America, Wake The Hell Up

    05/04/2015 4:49:59 AM PDT · by SatinDoll · 42 replies
    The Market-Ticker ^ | May 5, 2015 | Karl Denninger
    Folks, there is exactly one way you're going to put a stop to this sort of nonsense: At the end of October, IT employees at Walt Disney Parks and Resorts were called, one-by-one, into conference rooms to receive notice of their layoffs. Multiple conference rooms had been set aside for this purpose, and in each room an executive read from a script informing the worker that their last day would be Jan. 30, 2015. Some workers left the rooms crying; others appeared shocked. This went on all day. As each employee received a call to go to a conference room,...
  • Food Stamps Are a Form of Corporate Welfare, and Harmful to the Poor

    05/02/2015 10:25:49 AM PDT · by pinochet · 35 replies
    The big Agribusiness corporations are some of the most corrupt corporations in America. The New York Times had an article in 2013, on the Agribusiness corruption in the $1 trillion farm bill. http://www.nytimes.com/2013/07/20/business/richer-farmers-bigger-subsidies.html?_r=0 The Food Stamp programs and free school lunch programs, are a means by which Agro-business corporations can increase their revenues, by selling food to the Federal and State governments at above market prices. The food stamp program was never intended to help the poor. Even the USDA website admits that the Supplemental Nutrition Assistance Program was intended to help Agribusiness corporations sell surplus food that they were...
  • Meet Bernie Sanders, H-1B skeptic

    05/01/2015 6:28:05 PM PDT · by markomalley · 31 replies
    Compuerworld ^ | 5/1/2015 | Patrick Thibodeau
    The H-1B visa issue rarely surfaces during presidential races, and that's what makes the entrance by Sen. Bernie Sanders (I-Vt.) into the 2016 presidential race so interesting. As a senator, Sanders does not have a lot of political clout. He's an independent socialist whose major campaign contributors are unions. But Sanders this week announced he's running for the Democratic nomination for president, a move that could raise the visibility of the H-1B visa as a national issue. Sanders is very skeptical of the H-1B program, and has lambasted tech firms for hiring visa workers at the same time they're cutting...
  • Obama rejects request to investigate guest-worker program abuse

    04/30/2015 2:36:55 PM PDT · by bushwon · 20 replies
    Washington Times ^ | April 29, 2015 | Stephen Dinan
    The Obama administration this week rejected a request from Congress to investigate potential abuses in the country’s key guest-worker program for tech workers, insisting it would “be premature” to look into Southern California Edison’s use of the controversial H-1B visa to outsource jobs. A bipartisan group of senators, led by Republican Sen. Jeff Sessions and Democratic Sen. Richard J. Durbin, had asked for a probe after SCE employees testified they were booted from jobs and replaced with guest-workers. Leon Rodriguez, director of U.S. Citizenship and Immigration Services, said his agency takes such allegations seriously — but said there isn’t enough...
  • Cruz: I Am a 'Proponent of Immigration Reform' (Stands By Proposed Increase HB-1 Visas by 5x)

    04/30/2015 5:58:07 AM PDT · by C19fan · 181 replies
    Weekly Standard ^ | April 29, 2015 | Michael Warren
    Republican senator Ted Cruz said Wednesday afternoon he is “long-term optimistic and short-term pessimistic” on the question of passing any immigration reform legislation. Speaking with Javier Palomarez, the president of the United States Hispanic Chamber of Commerce, the Texan presidential candidate said he considers himself a “proponent of immigration reform.” But, Cruz added, political leaders should focus on those aspects that have “bipartisan support.”
  • The Conservative Populist Breakout - Republicans acting in the spirit of Barbara Jordan

    04/30/2015 8:15:51 AM PDT · by Cincinatus' Wife · 13 replies
    National Review ^ | April 30, 2015 | John Fonte
    April 2015 is the month that conservative populism broke out and reached the major leagues of American politics. On April 15, the editors of the New York Times felt compelled to denounce a Washington Post op-ed by Senator Jeff Sessions (R., Ala.), in which he called for reduced immigration to help raise the wages of American workers. The Times editors were particularly miffed that “Mr. Sessions accuses the financial and political ‘elite’ of a conspiracy to keep wages down through immigration” (“elite” is put in sneer quotes, as if there were no elite). What is important to note is not...
  • Ted Cruz: “There is no stronger advocate for legal immigration in the U.S. Senate than I am”

    04/30/2015 8:56:05 AM PDT · by Cincinatus' Wife · 100 replies
    Hot Air ^ | April 30, 2015 | Allahpundit
    Via the Weekly Standard, he’s not saying anything here that he hasn’t said before. He supports immigration reform, but not comprehensive immigration reform — only a piecemeal security-first approach will work, the same view now taken by Marco Rubio. But Cruz fans who haven’t paid attention to him on this issue may assume, incorrectly but understandably, that he naturally takes the most conservative position that an electable Republican presidential candidate can take. Not so: It’s Scott Walker(!) who’s staked out the right side of the field by demanding that American wages be a variable when considering target numbers for legal...
  • Fury rises at Disney over use of foreign workers

    04/30/2015 5:10:15 AM PDT · by Reno89519 · 83 replies
    ComputerWorld ^ | April 29, 2015 | Patrick Thibodeau
    At the end of October, IT employees at Walt Disney Parks and Resorts were called, one-by-one, into conference rooms to receive notice of their layoffs. --snip-- [Disney:] "H-1B workers complement - instead of displace - U.S. Workers." It explains that as employers use foreign workers to fill "more technical and low-level jobs, firms are able to expand" and allow U.S. workers "to assume managerial and leadership positions." --snip-- "Some of these folks were literally flown in the day before to take over the exact same job I was doing," said one of the IT workers who lost his job. He...
  • Fury Rises at Disney Over Use of Foreign Workers

    - A Restructuring and H-1B Visas Affect the Magic Kingdom's IT Operations At the end of October, IT employees at Walt Disney Parks and Resorts were called, one-byone, into conference rooms to receive notice of their layoffs. Multiple conference rooms had been set aside for this purpose, and in each room an executive read from a script informing the worker that their last day would be Jan. 30, 2015. Some workers left the rooms crying; others appeared shocked. This went on all day. As each employee received a call to go to a conference room, others in the office looked...
  • The Real Immigration Issue Is Jobs

    04/28/2015 1:35:36 PM PDT · by Kaslin · 10 replies
    Townhall.com ^ | April 28, 2015 | Phyllis Schlafly
    Congratulations to WorldNetDaily on its 18th anniversary. As an author, I'm so thankful to Joseph Farah and his staff for creating such an efficient route to communicate with millions of Americans. I am especially grateful to WND for tackling conservative issues every day so effectively. Iowa staged a big show-and-tell for nine 2016 presidential candidates last week. Wisconsin Gov. Scott Walker seems to be the only one who talked about a growing issue at the grassroots: how American jobs and wages are adversely affected by Obama's immigration policies. The argument that immigrants do jobs that Americans won't do is as...
  • ‘You’re Fired — Now Train Your Replacement’

    04/28/2015 8:10:09 AM PDT · by SharpRightTurn · 48 replies
    National Review ^ | April 28, 2015 | Ian Smith
    What could get self-proclaimed socialist Bernie Sanders and rock-ribbed Republican Jim Inhofe to agree? The two senators have teamed up in their support for an investigative enquiry into the billion-dollar utility Southern California Edison, which has been firing American tech workers and replacing them with lower-paid foreign workers brought here through the controversial H-1B visa program. And now the first lawsuit has been filed in response to the H-1B visa fallout at SCE. The plaintiff, Save Jobs USA, is a group of former veteran employees at SCE who after their firing were forced to train the foreign workers due to...
  • Greenfield: THE FREE MARKET IS NOT A SUICIDE PACT

    04/24/2015 7:00:22 PM PDT · by Louis Foxwell · 7 replies
    Sultan Knish blog ^ | Daniel Greenfield
    Friday, April 24, 2015 The Free Market is Not a Suicide Pact Posted by Daniel Greenfield @ the Sultan Knish blog Immigration has become the third rail of American politics. At a time when the labor force participation rate has fallen to 62 percent and the employment growth for the last 15 years has gone to immigrants, opposing the Super-Amnesty of 12 million illegal aliens is still considered an extreme position… in the Republican Party. So when Scott Walker merely suggested that Congress should make immigration decisions based on “protecting American workers and American wages”, he was denounced for it...
  • Ted Cruz knocks Scott Walker on immigration

    04/24/2015 4:12:26 PM PDT · by VinL · 498 replies
    Washington Examiner ^ | 4/24/2015 | Drucker
    Sen. Ted Cruz on Friday took a shot at rival presidential contender Scott Walker for comments the Wisconsin governor has made regarding immigration policy. Cruz opposes comprehensive immigration reform that includes a path to citizenship for the estimated 11-12 million illegal immigrants living in the United States. But the Texan is a big proponent of legal immigration and making adjustments to U.S. law that would facilitate more legal immigration. He criticized Walker for suggesting that he supported limiting legal immigration if it has a negative impact on the wages of American workers. "There is considerable bipartisan agreement outside of Washington...
  • Congress: Middle class incomes drop as immigration surges

    04/23/2015 2:23:07 PM PDT · by xzins · 46 replies
    Washington Examiner ^ | APRIL 23, 2015 | PAUL BEDARD
    Wages of America's middle class have dropped below 1970s levels as immigration has surged 325 percent, according to a new congressional report that questions claims that native Americans are economically helped by greater immigration. The nonpartisan Congressional Research Service report studied immigration and middle class income from 1945-2013 and found that as immigration slowed between 1945 and 1970, American incomes increased. But when immigration expanded, the incomes of the bottom 90 percent of Americans went flat and then dropped beginning in 2000. In the report to the Senate Judiciary Committee, the CRS reported that the foreign-born population of the United...
  • Cruz & Walker vs. Bush & Rubio on Amnesty and Immigration

    04/23/2015 3:26:05 PM PDT · by 2ndDivisionVet · 43 replies
    Conservative HQ ^ | April 23, 2015 | George Rasley, CHQ Editor
    The battle lines of the 2016 Republican primaries are being formed more quickly than many of the establishment media pundits seem to realize and one of the first issues to form a fissure in the field and to, surprisingly, put two candidates with different bases in the Party apparently on the same side are immigration and amnesty for illegal aliens. That Jeb Bush and Marco Rubio should end up as the leading pro-amnesty and pro-expanding legal immigration is unsurprising. During a stop in New Hampshire “gringo aplatanado” Jeb Bush arrogantly referred to his plan to grant amnesty to illegal aliens...
  • Scott Walker and The Very Strange Moment for GOP politics and policy [political earthquake]

    04/23/2015 7:59:35 AM PDT · by Cincinatus' Wife · 35 replies
    Washington Post ^ | April 23, 2015 | Daniel W. Drezner, professor at Tuffs, Brookings Inst. fellow
    There was a small political earthquake Wednesday on the right side of the political spectrum, as Wisconsin Gov. Scott Walker (R), who has had some nice things said about him by some very rich people, said something on immigration that likely displeased those same people. On Glenn Beck’s radio show, Walker said the following: >>>In terms of legal immigration, how we need to approach that going forward is saying: the next president and the next Congress need to make decisions about a legal immigration system that’s based on, first and foremost, protecting American workers and American wages, because the more...
  • Why Scott Walker Is Right on Immigration

    04/23/2015 2:33:16 AM PDT · by Cincinatus' Wife · 54 replies
    Right Side News ^ | April 23, 2015 | Daniel Greenfield
    Immigration has an important place in American life, but it can never become more important than American life. It is not an unlimited good and its implementation must flow from what is best for Americans, not from warping the freedoms that we believe in until they become an abstract ideology that destroys the people who practice them.Scott Walker is not betraying free market principles when he contends that immigration should be based around the needs of Americans, he is practicing and protecting them. Immigration has become the third rail of American politics. At a time when the labor force participation...
  • Scott Walker’s turn against legal immigration shakes up 2016

    04/22/2015 12:04:08 AM PDT · by Cincinatus' Wife · 46 replies
    Free News Pos ^ | April 21, 2015 | Benjy Sarlin
    Wisconsin Gov. Scott Walker’s newfound skepticism of legal immigration levels is a potential turning point in the still nascent presidential race, potentially dragging the Republican Party further to the right than Mitt Romney’s hardline immigration platform in 2012. “In terms of legal immigration, how we need to approach that going forward is saying – the next president and the next Congress need to make decisions about a legal immigration system that’s based on, first and foremost, on protecting American workers and American wages,” Walker said Monday in an interview with Glenn Beck. “It is a fundamentally lost issue by many...
  • I'm starting an H-1B ping list (unless one already exists) [vanity]

    04/22/2015 9:12:26 AM PDT · by ConservingFreedom · 23 replies
    April 22, 2015 | self
    H-1B is big in the news, and a topic of great interest to a number of FReepers. I think a ping list would be useful, and I don't know of an existing list - so I'm starting one. Let me know if you want to be on it, or if you know of an existing list - and of course, let me know if you see a thread to which the list should be pinged.
  • H-1B visa program needs reform

    03/31/2015 8:05:36 PM PDT · by Lorianne · 21 replies
    San Francisco Chronicle ^ | 31 March 2015 | Debra J. Saunders
    Last month, Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa, held a congressional hearing on the H-1B visa program that eliminated any doubt that some corporations are gaming the system to the severe disadvantage of skilled workers. Last year, the Center for Investigative Reporting reported on abuses of so-called “body shops” — labor brokers who enlist foreign workers abroad, press them into exploitative contracts and cut them undersized checks as they do contract work for established tech concerns that may want to avert the bad publicity. Howard University public policy Professor Ron Hira testified that Washington “inadvertently created a highly profitable...
  • American Companies, States Firing American Workers, Importing Guest Workers To Replace Them [Video]

    03/02/2015 6:17:09 AM PST · by E. Pluribus Unum · 72 replies
    PatDollard.com ^ | 03/02/2015
    (FULL TITLE) EXPOSED: American Companies, States Firing American Workers And Importing Foreign Guest Workers To Replace Them Excerpted from News 10: It’s nearly 8 p.m., and inside a state office building two dozen computer experts design and troubleshoot a system that will take and process millions of unemployment claims each year.It’s a $200 million Employment Development Department project, but with the exception of two managers, everyone inside the office is from outside of the U.S. They are employed by Deloitte, a major U.S. IT company hired by the state to create and manage its Unemployment Insurance Modernization project. The mostly...
  • Koch Brothers Reveal List of 5 Potential GOP Candidates to Support

    04/21/2015 7:35:43 PM PDT · by 2ndDivisionVet · 73 replies
    Mediaite ^ | April 21, 2015 | Matt Wilstein
    On Monday, The New York Times — and, in turn, Mediaite — reported that billionaire brothers David and Charles Koch had settled on Gov. Scott Walker (R-WI) as their preferred Republican candidate to back in the 2016 presidential election. “We will support whoever the candidate is,” David Koch reportedly said at a fundraising event. “But it should be Scott Walker.” Now, however, in an interview with USA Today, Charles Koch has said that their field of potential endorsees is larger than just one. He confirmed that they are actually looking at five candidates who they believe have “a good chance...
  • Record number of H-1B applicants sparks immigration debate

    04/15/2015 6:04:52 AM PDT · by artichokegrower · 8 replies
    San Jose Mercury News ^ | 04/14/2015 | Matt O'Brien
    Companies are seeking more foreign workers than ever before to fill highly skilled jobs in technology and other industries, but the United States will grant visas to just a fraction of them in a lottery that began this week.
  • Sanders blasts U.S Corporations for Dodging Taxes

    04/12/2015 9:16:07 AM PDT · by Wolfie · 84 replies
    Senate Budget Committee ^ | April 09, 2015
    Sanders blasts U.S Corporations for Dodging Taxes BURLINGTON, Vt., April 9 – Sen. Bernie Sanders (I-Vt.), the Senate Budget Committee ranking member, today issued the following statement on new data showing the extent to which some American companies are avoiding taxes: “I applaud Citizens for Tax Justice for releasing new data today revealing the unfairness of our tax system and the fact that a number of the biggest and most-well known corporations in America continue to pay little or nothing in taxes. At a time when we have massive wealth and income inequality, and when corporate profits are soaring, it...
  • Senators Ask Feds To Investigate Guest Worker Visa Abuse

    04/10/2015 9:20:32 AM PDT · by ConservingFreedom · 15 replies
    Daily Caller ^ | 04/09/2015 | Rachel Stoltzfoos
    A bipartisan group of senators urged the Obama administration Thursday to investigate reports that businesses are using a visa program to replace American workers with cheap foreign labor.The unlikely coalition, led by Republican Sen. Jeff Sessions and Senate Democratic Whip Dick Durbin, sent a letter to the Department of Homeland Security, Department of Labor and Department of Justice, asking them to investigate businesses, such as Southern California Edison, suspected of abusing work visa programs to avoid paying relatively high wages to American workers.SCE has reportedly been laying off hundreds of American workers and replacing them with foreign workers who hold an...
  • Ted Cruz Can’t Do What Glenn Beck Says

    03/31/2015 7:46:03 AM PDT · by ConservingFreedom · 40 replies
    Daily Caller ^ | 03/26/2015 | W. James Antle III
    Less than a week after leaving the Republican Party, Glenn Beck had something to say about how Ted Cruz should approach the primaries. Leave Scott Walker and Rand Paul alone. Otherwise, Beck warned, “we’re just going to end up with Jeb Bush.” (Bill O’Reilly was skeptical about Beck’s whole GOP-leaving business.) Cruz professed his admiration for Paul and Cruz, but didn’t quite commit to refrain from criticizing them. That’s because he can’t. The Republican presidential race can be split into the conservative primary and the establishment primary. Beck isn’t wrong that a divided conservative vote could benefit Bush, but there...
  • Ted Cruz, the presidential candidate who wants to increase the H-1B cap by 500%

    03/25/2015 10:01:45 AM PDT · by ConservingFreedom · 59 replies
    Computerworld ^ | Mar 23, 2015 | Patrick Thibodeau
    It's going to be hard for the Republicans to field a presidential candidate as enthusiastic about the H-1B visa as U.S. Sen. Ted Cruz (R-Texas). Cruz, who announced his presidential bid this morning, once proposed an immediate increase in the base H-1B cap from 65,000 to 325,000. Cruz offered the H-1B increase as an amendment in 2013 to the Senate's comprehensive immigration bill. [...] Cruz is part of large group of politicians who will not acknowledge the H-1B's visas use in offshore outsourcing or the reality of U.S. workers who are forced to train their visa-holding replacements. In defending this...
  • As Tech Giant Calls For More Foreign Workers, Senate Hears of Displaced Americans

    03/24/2015 5:24:29 AM PDT · by Kaslin · 105 replies
    Townhall.com ^ | March 24, 2015 | Byron York
    Eric Schmidt, CEO of Google, believes passionately that the United States needs more skilled foreign workers. He has long advocated increasing the number of so-called H-1B visas, which allow those workers to come to the U.S. for several years and, in many cases, work for lower wages than current employees. Schmidt is frustrated that Congress hasn't done as he and other tech moguls want. "In the long list of stupid policies of the U.S. government, I think our attitude toward immigration has got to be near the top," Schmidt said during a recent appearance at the American Enterprise Institute in...
  • The Real Problem With ‘Economic Development’ Programs

    03/05/2015 9:40:43 AM PST · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 3/4/2015 | Jarrett Skorup
    From 1995 to 2011, Michigan ran a program that granted special tax exemptions to chosen companies. The research on this program – the Michigan Economic Growth Authority – has been pretty consistent: It was a failure. The Mackinac Center did two studies on MEGA; a 2005 study showed that the few jobs “created” from the program were temporary and expensive and a 2009 study found that it had an overall negative impact on Michigan’s economy. The Michigan Office of the Auditor General has found repeated problems with state “economic development” programs over-promising and under-delivering. The Anderson Economic Group found a...
  • State Feeling the Heat for Corporate Welfare Deals Coming Home to Roost

    03/04/2015 11:23:36 AM PST · by MichCapCon · 6 replies
    Michigan Capitol Confidential ^ | 2/27/2015 | Jack Spencer
    Corporate welfare is causing major budgetary woes for the state of Michigan. The sum of refunds from unspecified tax credits handed out in the past is estimated to exceed $9 billion in the years to come. The credits were given through the Michigan Economic Development Corporation (MEDC) as incentives for businesses to create or retain jobs. Meanwhile, the agency continues to operate amidst complaints from lawmakers, reporters and others about its lack of transparency. An objective means of determining the benefits of the credits, as measured in the number of jobs produced or retained, has not been forthcoming, and the...
  • Opinion : Former US Congressman Makes Historic Visit to Iran

    02/12/2015 8:45:39 PM PST · by piasa · 30 replies
    Payvand Iran News ^ | February 12, 2015 | Barbara Slavin
    With little fanfare, another taboo in U.S.-Iran relations has shattered. Jim Slattery, a former six-term Democratic Congressman from Kansas, late last year became the first former or current American legislator to visit the Islamic Republic of Iran. In Tehran to attend a conference on countering violent extremism, Slattery encountered a largely friendly reception from both officials and ordinary Iranians and came back equipped to present a more realistic and upbeat depiction of Iranians than is usually found on Capitol Hill. Speaking Monday at the Atlantic Council in Washington, Slattery conceded that there are elements in Iran that still oppose any...
  • Gang of Six Unveils High-Tech Immigration Bill

    01/13/2015 12:52:51 PM PST · by C19fan · 76 replies
    National Review Online ^ | January 13, 2015 | Joel Gehrke
    A bipartisan group of six senators — including Senator Marco Rubio (R., Fla.), the Gang of Eight member mulling a run for president — released the first bipartisan immigration bill of the new Congress, in the form of legislation to expand high-tech visas and green cards for immigrants. “Our bill is a commonsense, bipartisan approach to help ensure that those who have come here to be educated in high-tech fields are able to stay with their families and contribute to the economy and our society,” said Senate Finance Committee chairman Orrin Hatch (R., Utah), who headed up the effort. “I’m...
  • Department Reorganization is New Wine in Old Skin

    01/07/2015 5:11:33 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 1/5/2015 | Michael LaFaive
    There is nothing new under the public policy sun. Gov. Rick Snyder announced last week a government reorganization that will marry Michigan’s existing “economic growth and job training efforts under one department.” They’ve been married before and didn’t work well then either. The fact is, corporate welfare doesn’t work and no amount of reorganizing will make it so. Michigan had a similar system when economic development efforts and job training efforts were both run out of the Michigan Jobs Commission. Governor Engler split job and talent training up from economic development because he thought it would improve the state’s economic...
  • Corporate Welfare for Hollywood Comes First

    12/31/2014 7:10:15 AM PST · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 12/30/2014 | Jack Spencer
    Taxpayers in Michigan and across the nation are generous. They don’t mind welfare dollars being spent on the needs of the less fortunate; however, if the money were to end up being used to buy beer, cigarettes or lottery tickets, they would be justifiably outraged. With this year’s lame duck session drawing to a close, one striking feature stands out. While lawmakers wrestled over how best to get funding to fix up and keep up Michigan’s roads, legislation to perpetuate the state’s flop-filled film subsidy program shot through the Senate and House like a hot knife through butter. Make no...
  • Provision favoring big banks threatens passage of spending bill; Vitter joins Democrat to object

    12/11/2014 12:29:07 PM PST · by ConservingFreedom · 22 replies
    The Times-Picayune [La.] ^ | December 11, 2014 | Bruce Alpert
    WASHINGTON -- A last-minute addition to a giant spending bill that would ease a 2010 law that put restrictions on risky investments by banks after the 2008 economic crisis is threatening to derail the legislation. A House procedural vote on the $1.01 trillion spending bill for the 2015 fiscal year almost went down to defeat via a 213-213 tie, until a Republican House member reversed his no vote to allow deliberations on the measure to continue. The bill had lost Democratic votes because of opposition to the language that changes safeguards in the 2010 Dodd Frank Law. The provision scaling...
  • Job Churn Shows Futility of Corporate Welfare

    12/02/2014 7:10:03 AM PST · by MichCapCon
    Mackinac Center for Public Policy ^ | 12/1/2014 | James Hohman
    Monthly job reports on payroll employment and the unemployment rate hide the massive job creation and job loss that occurs in the economy. This turnover challenges the state’s ability to influence job creation by offering tax money to select businesses to locate their business in Michigan. According to the Bureau of Labor Statistics, Michigan’s private sector created 193,208 jobs in the first quarter of 2014 and lost 179,299 jobs in the same period. The job creation was caused by 40,862 existing businesses adding to their payroll plus the opening of 11,150 new business establishments. The losses were caused by 41,565...
  • Google billionaires request $539 million federal bailout after spending $1.6 billion of “stimulus”

    12/01/2014 3:36:05 AM PST · by grundle · 10 replies
    wordpress ^ | December 1, 2014 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog Google billionaires request $539 million federal bailout after spending $1.6 billion of “stimulus” funding on failed solar power project Ivanpah is a solar power company owned by Google, BrightSource Energy, and NRG.In April 2011, as part of Obama’s “stimulus,” Obama gave Ivanpah a $1.6 billion loan guarantee to build a solar power plant.In November 2014, when the plant was up and running, it produced only half as much electricity as what Ivanpah had predicted.Ivanpah blamed this failure on “clouds,” and asked Obama for a $539 million bailout.Google is owned by Larry Page and Sergey Brin. At...
  • The Federal Raisin Ripoff -- Will The Court Or Congress Revoke This License To Steal?

    11/11/2014 10:11:23 AM PST · by reaganaut1 · 11 replies
    Forbes ^ | November 10, 2014 | George Leef
    Americans are still yoked to many policies that go back to the New Deal era, when it was the intellectual fashion to “fix” the economy’s ailments by substituting bureaucratic coercion for property rights and market competition. It didn’t work then and is just as bad today. In agriculture, the New Dealers’ idea was that prices were too low, but if the government could raise them, prosperity would return to the farming sector, which would then revitalize the rest of the country. That was the origin of the U.S. Department of Agriculture’s (USDA) numerous “marketing orders” and production quotas, some of...
  • The Moral Hazard of the Export-Import Bank - Privatized Profits & Socialized Risk

    10/01/2014 3:19:19 PM PDT · by Noremac
    Communities Digital News ^ | October 1, 2014 | Richard Cameron
    There are a lot of solid reasons why federal programs like the Export-Import (EX-IM) Bank, should be terminated. I cover the majority of those reasons in the report I just filed on Communities Digital News. http://www.commdiginews.com/business-2/moral-hazard-at-the-export-import-bank-private-gain-vs-social-risk-26916/ Issues like questions of proper management, potential for fraud related to insider influence, unintended consequences of disruption of domestic markets, risk related to the volatility of the world economy, are all among them. Those are legitimate concerns and have demonstrated themselves to be problems. Above them all, and foremost is the essential consideration of legitimacy. The Ex-Im bank was spawned in illicit circumstances. Most...
  • An Obamacare Test for Republicans [fight corporate welfare and crony capitalism]

    09/08/2014 5:31:47 AM PDT · by Cincinatus' Wife · 4 replies
    National Review ^ | September 8, 2014 | Editors
    Congressional Republicans keep saying they oppose Obamacare. Yet they’re refusing to take the simplest and easiest action against it. The way the law is designed, insurance companies get taxpayer subsidies if they incur big losses on the exchanges. That guarantee has encouraged them to participate in the exchanges. It has also enabled them to charge lower premiums, since they do not have to cover their risks. Republicans could force supporters of Obamacare to defend these taxpayer subsidies by advancing legislation to stop them, as Senator Marco Rubio (R., Fla.) and Representative Tim Griffin (R., Ark.) have proposed. But their colleagues...
  • Ex-Im critics sharpen knives for hearing (will bring up suspended bank officials and kickbacks)

    06/25/2014 4:05:33 AM PDT · by Cincinatus' Wife · 5 replies
    The Hill ^ | June 25, 2014 | Vicki Needham
    Criticism will rain down Wednesday on the Export-Import Bank as members of an influential House panel debate whether it’s time to disband the agency. Fred Hochberg, the chairman of the embattled bank, will square off in testimony against House Financial Services Committee Chairman Jeb Hensarling (R-Texas), who is leading the charge to let the bank’s charter expire in September. Hensarling and other members are likely to press Hochberg about reports that the bank has suspended or removed four officials for taking kickbacks, a controversy that could strengthen the hand of Ex-Im’s foes. Business supporters swarmed Capitol Hill ahead of the...
  • No Ex-Im lifeline from Boehner

    06/24/2014 9:05:21 AM PDT · by Cincinatus' Wife · 5 replies
    The Hill ^ | June 24, 2014 | Russell Berman
    Speaker John Boehner (R-Ohio) on Tuesday refused to offer a lifeline to the Export-Import Bank, sending another signal that Congress could allow the lending agency’s charter to expire at the end of September. Boehner has supported the bank in the past, but in response to questions from reporters, he distanced himself from that position and deferred instead to the chairman of the House Financial Services Committee, Rep. Jeb Hensarling (R-Texas), an outspoken opponent of reauthorization. “Listen, I have a different job than I had then,” Boehner said following a private House GOP meeting. “My job is to work with our...
  • Etsy gets $5M to stay in boro it said it’d never leave (Brooklyn NYC)

    05/13/2014 5:12:32 PM PDT · by Olog-hai · 27 replies
    Crain’s ^ | May 13, 2014 2:02 P.M | Thornton McEnery
    Gov. Andrew Cuomo announced Tuesday morning that Etsy is getting $5 million from New York state to stay in Brooklyn, a pretty nice sum for a company whose CEO publicly acknowledged just weeks ago that it “could only exist in Brooklyn.” “A company like Etsy could only exist in Brooklyn,” Etsy CEO Chad Dickerson said during an April 23 appearance at a Brooklyn Tech Triangle symposium. “Almost all of our employees live in Brooklyn and our Manhattan employees are treated with scorn.” Etsy, which was founded in Brooklyn in 2005, plans to add more than 340 jobs by 2019 (a...
  • Cliven Bundy And The Entitlement Of The Privileged

    04/30/2014 8:13:54 AM PDT · by Flame Retardant · 29 replies
    The Washington Post ^ | 4-29-14 | Katrina vanden Heuvel
    Nevada rancher Cliven Bundy's 15 minutes of fame are up. He was a Fox News poster boy when he refused to pay fees for grazing his cows on federal land and greeted federal rangers with the threat of armed resistance. But when he voiced his views on the joys of slavery for "the Negro," his conservative champions fled from his side. What is interesting about Bundy, however, is not his tired racism but rather his remarkable sense of entitlement. His cattle have fed off public lands for two decades while he refused to pay grazing fees that are much lower...
  • Ex-Im Bank and the GOP’s Cronyism Test: Republicans should take a stand against corporate welfare

    04/07/2014 7:00:37 AM PDT · by SeekAndFind · 11 replies
    National Review ^ | 04/07/2014 | Sen. Mike Lee
    For five years now, the Republican party has attacked the economic policies of President Barack Obama as “crony capitalism.” And with good reason. From the stimulus to cash-for-clunkers, from the bailouts to cap-and-trade, from Dodd-Frank to Obamacare, every name-brand initiative of the Obama era has distorted public policy to privilege well-connected insiders and elites at the expense of taxpayers and consumers. Republicans have slammed all this “corporate welfare” and “venture socialism” for unfairly “picking winners and losers in the marketplace.” In 2012, for the first time, “crony capitalism” was even singled out for condemnation in the Republican party platform. The...
  • Corporate-Welfare Queens: Conservatives Need to Take Them On

    03/27/2014 6:48:21 AM PDT · by SeekAndFind · 10 replies
    National Review ^ | 03/27/2014 | Stephen Moore
    Representative Paul Ryan of Wisconsin will release his House Republican budget next week, and one of its themes will be the fighting against corporate welfare. Mr. Ryan says, “We can’t make the case to the American people that we are the reform party if we won’t reform the giant corporate-welfare state in Washington.” Bravo. Too bad so few of his colleagues agree with him. It’s very simple, really: Republicans have to be willing to cut weak claims, not weak claimants, as Reagan budget director David Stockman used to say. But corporate welfare has strong claimants: deep-pocketed business interests that rely...
  • GOP can make 2014 elections a referendum on corporate welfare

    03/12/2014 9:44:54 AM PDT · by TBP · 29 replies
    Washington Examiner ^ | MARCH 7, 2014 AT 6:33 PM | TIMOTHY P. CARNEY
    “Whose side are you on?” That's the Democratic mantra for the 2014 elections. It's the same “people versus the powerful” line that Democrats trot out every two years, because it works. But this year Republicans can turn this narrative on its head and make the midterm elections a referendum. Are you on the side of the Republicans, taxpayers and free enterprise? Or are you on the side of President Obama, K Street and corporate welfare? Two high-stakes corporate welfare issues could be on the table this year: taxpayer-backed subsidies for big exporters and Obamacare's insurer bailouts. Democrats are shackled to...
  • Bill Would Keep $60 Million Special Deal in Place For Company

    02/24/2014 8:51:47 AM PST · by MichCapCon · 6 replies
    Capitol Confidential ^ | 2/19/2014 | Jack Spencer
    Hemlock Semiconductor Corp., one of Michigan's most favored corporate welfare recipients, wants to be billed for just two-thirds of the electricity it uses. For years, the state of Michigan has obliged by setting up a 32 percent discount rate for the Saginaw County company, which saves it roughly $60 million annually. This sweetheart deal for Hemlock is scheduled to end soon, but if passed, House Bill 5013 would allow Hemlock to continue getting the lower rate indefinitely. In addition to its electricity rate discount, Hemlock has received — and continues to receive — hundreds of millions of dollars in subsidies...
  • Bill Would Add Paid Members to State's Corporate Welfare Agency

    02/18/2014 6:56:38 AM PST · by MichCapCon · 4 replies
    Capitol Confidential ^ | 2/13/2014 | Jack Spencer
    Michigan's corporate welfare infrastructure could soon find itself larger if a new group of up to 10 members is added to a board as part of legislation in the House Commerce Committee. House Bill 4998, as originally drafted, would place members of this new group on the Michigan Strategic Fund payroll for up to two years. However, Rep. Wayne Schmidt, R-Traverse City, the sponsor of the bill, said the legislation is probably going to be changed and that most likely the appointees would not be given paid positions. "I agree with that and other possible changes, including those discussed at...
  • Congress approves five-year farm bill

    02/04/2014 12:12:04 PM PST · by GIdget2004 · 55 replies
    Politico ^ | Feb 4, 2014 | David Rogers
    The long-tortured farm bill cleared Congress Tuesday, ending a two year struggle that split the old farm-food coalition as never before and dramatized the growing isolation of agriculture and rural America in an ever more urban House. Written off as dead just months ago, the giant five-year measure won final approval from the Senate on a 68-32 roll call and goes next to President Barack Obama for his signature.