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December 22, 2014
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Tag: Subsidies


The Energy Revolution Is In Reverse

The world should be moving to a clean energy future, the IPCC says. The recent record of global greenhouse emissions show it’s heading in entirely the wrong direction.

Posted on Apr 18, 2014 READ MORE



Gil C / Shutterstock.com

How the Rich Became Dependent on Government Welfare

Remember when President Obama was lambasted for saying “you didn’t build that”? Turns out he was right, at least when it comes to lots of stuff built by the world’s wealthiest corporations.

Posted on Feb 28, 2014 READ MORE



Shutterstock

Walmart Got $150 Million in Government Subsidies

Nonpartisan watchdog Good Jobs First just released a study showing that federal, state and local officials have awarded $63 billion in subsidies to Fortune 500 companies alone.

Posted on Feb 26, 2014 READ MORE



Shutterstock

Congress Suffers From Selective Deficit Disorder

The same farm bill that cuts food stamps by $8 billion could increase subsidies to wealthy farmers and agribusinesses by $15 billion.

Posted on Feb 7, 2014 READ MORE



AP Photo/Gregory Bull

John Elway Is an Anti-Subsidy Hypocrite

Not to beat up on the Denver Broncos after Sunday’s rout in New York, but one of the team’s heroes and top executives really needs to check himself.

Posted on Feb 3, 2014 READ MORE



kardboard604 (CC BY-NC 2.0)

GOP Food Stamp Cuts Help the Rich, Hurt the Poor and Starve the Economy

As part of the New York Times series on “The Great Divide,” Nobel Prize-winning economist Joseph Stiglitz dives into the pernicious link between campaign money, farm subsidies and starving Americans. It doesn’t speak well of us as a nation, or a political system.

Posted on Nov 19, 2013 READ MORE


Flood Insurance

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Posted on Nov 2, 2013 READ MORE


Homeownership Support Shouldn’t Be a Mansion Subsidy

With Congress finally starting to have a serious conversation about our revenue crisis, there are obvious reasons to limit the amount of mortgage interest that Americans can deduct from their taxable income.

Posted on Dec 13, 2012 READ MORE



_ES (CC-BY)

Payola for the Most Profitable Corporations in History

Along with “fivedollaragallongas,” the energy watchword for the next few months is: “subsidies”—a word representing at least $10 billion in freebies and possibly as much as $40 billion annually in freebie cash for an energy industry already making historic profits.

Posted on Apr 7, 2012 READ MORE



Flickr / JoelK75

Boehner Pays Lip Service to Cutting Government Oil Subsidies

With gas prices still rising, House Speaker John Boehner has broken from traditional GOP rhetoric to voice his support for ending tax breaks to the oil industry.

Posted on Apr 26, 2011 READ MORE



Flickr / mattdente (CC-BY-SA)

Obama’s USDA Leaves Subsidy Payees More Places to Hide

Yasha Levine, who reported for us on tea party diva Michele Bachmann’s hypocritical penchant for federal farm subsidies, tipped us off that the Obama administration and Congress are making it harder to track the millionaires who hit up Uncle Sam for crop cash.

Posted on May 20, 2010 READ MORE


Michelle Bachmann
AP / Charles Dharapak

Michele Bachmann: Welfare Queen

The anti-government insurrectionist has taken more than a quarter-million dollars in government handouts thanks to corrupt farming subsidies she has been collecting for at least a decade.

Posted on Dec 22, 2009 READ MORE


Despite Subsidies, Class Sizes Rise in California Schools

Most of California’s largest school districts are increasing class sizes in kindergarten through third grade, eroding the most expensive education reform in the state’s history.

Posted on Nov 19, 2009 READ MORE


Reid
The New York Times / Susan Etheridge

Reid Announces Stimulus Agreement

Senate Majority Leader Harry Reid announced Wednesday afternoon that congressional leaders have finally agreed on a $789 billion economic stimulus package, pushing the plan to a final House and Senate vote by Friday at the earliest.

Posted on Feb 11, 2009 READ MORE


Pascal Quiet
boston.com

New World Trade Treaty Plowed Under

The World Trade Organization talks in Geneva finally imploded Wednesday, as negotiations over farm subsidies and labor standards collapsed into an immovable standstill between wealthy and poorer countries. The talks, defended heavily by the “developed world,” are seen by critics as an instrument to serve corporate interests.

Posted on Jul 30, 2008 READ MORE


Hong Kong Protest WTO
flickr.com

Second Wind for WTO Talks?

While supporters of the much troubled Doha Round of the World Trade Organization believe talks may have found their second wind, only the world’s largest economies seem to be breathing. The form of capitalism supported by these countries is resisted by poorer nations, which rightly fear WTO deregulations would disproportionately benefit the wealthy.

Posted on Jul 25, 2008 READ MORE


farm
international.wi.gov

Farm Bill Brings the Bacon

What has the power to unite progressive Democrats and conservative Republicans? According to a compelling article in the San Francisco Chronicle, agribusiness is having its way in Congress, even getting Democrats to cut food stamps to make room for subsidies.

Posted on Feb 28, 2008 READ MORE


An Absurd Debate

One of the most predictable arguments is also one of the most useless: that politics come down to a choice between being for “big government” or “small government.” Those catchphrases explain remarkably little about what politicians do, or what voters want.

Posted on Jul 31, 2007 READ MORE


Bush, Congress Cut Welfare Programs

New welfare rules written by Congress and the Bush administration are taking effect, denying assistance to the poor for education and drug addiction treatment.  The rules also require welfare recipients to work more hours a week, without providing additional child support subsidies.

Posted on Aug 7, 2006 READ MORE


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