Big Pharma Plans to Bankrupt States

The Associated Press reports, “New $710-a-day drug hailed as a lifesaver but shows how treatments can strain Medicaid budgets.” A newly approved drug is being hailed as a major advance in treatment of cystic fibrosis, a life-threatening genetic disease that clogs the lungs with mucus and forces patients to struggle to breathe. But it comes with a punishing price tag — about $710 per patient per day. The treatment takes a bite out of Medicaid programs that are already facing big budget problems, Read more […]

Democrats Support Subsidies for the Rich

They fight for taxpayer subsidies for the rich while claiming to stand against income inequality. It is a shame that half of Republicans support the Export-Import Bank, but it is telling that nearly all Democrats do so. This was documented recently in the Washington Examiner: In order to overcome the opposition of the House majority leader, speaker-elect, the House Financial Services Committee chairman, and most Republicans on the committee, Democrats got behind a Discharge Petition that eventually Read more […]

Doing Solyndra Over Again

The path that led to the Solyndra bankruptcy is being re-traced by the White House. I posted a month ago that Barack Obama was “doubling down on the Solyndra model.” I’m sure I wasn’t the only person thinking of what happened to Solyndra at the time, but yesterday I saw someone else mention it. Katie Tubb writes at the Daily Signal, “The Lessons From Solyndra Still Haven’t Been Learned.” The similarities between what the Executive Branch is doing now and what they did before are Read more […]

Companies Openly Prove They Expect to Buy Politicians

When corporations make “donations” they mean to buy politicians. There can be no doubt. If you have any doubt that businesses expect to buy politicians when they give them cash, this Politico headline should make you see reason: “Boeing, GE cut off donations to Ex-Im foes.” When House Majority Leader Kevin McCarthy headlined a fundraiser in early June the room was packed with defense industry lobbyists, but reps from one megacontractor were missing — Boeing. Not only was Boeing absent Read more […]

Another Welfare Queen Billionaire: Elon Musk

The entrepreneurial gift of Elon Musk is his ability to follow the government money and ride the taxpayers to riches—his own. As regular readers will know, I have defended Tesla, a company started by Elon Musk, from Chris Christie, and from other state rulers. But whether or not a company should be crippled in order to help its competition is a different question than whether or not taxpayers should be used to start that company. It seems that Elon Musk is a master at using taxpayer money. According Read more […]

How Government Uses “Compassion” for Corporate Welfare

From the beginning the food stamp program was designed for corporate welfare. As Americans, we need a serious conversation about the risks involved when government gets involved in the marketplace. This article at the Daily Bell, which discusses Rick Brattin’s bill in Missouri, would be a great place to start: “We’re All Welfare Queens Now.” Limited government advocates may find a certain emotional satisfaction in proposals like that of Rep. Brattin. If we must have programs like Read more […]

Hollywood Corporate Welfare – California Steals From Poor to Give to Film Industry

Movie industry Liberals act like they are such productive people, ignoring the reality of Hollywood corporate welfare. They sneer at anyone who might be described as conservative or traditionalist. They talk about their “work” as if  it is some kind of hard task. They sit in judgment over “flyover country” in their own minds. And they feed off a taxed population. Thus, the New York Times reports: Lawmakers and Gov. Jerry Brown  of California on Wednesday said they had reached Read more […]

Bipartisan Job Training … Is Either Useless or Corporate Welfare

NPR thinks they are reporting on a feel-good, non-controversial, non-partisan story: “Congress And Biden Aim For Job Training That Actually Leads To Jobs.” Something pretty remarkable happened Tuesday afternoon in a small windowless auditorium next door to the White House. President Obama signed a new law: the Workforce Innovation and Opportunity Act. It streamlines and updates the nation’s job training programs and was 11 years overdue. The bill got overwhelming bipartisan support in both Read more […]

Elizabeth Warren Comes Out in Favor of Wall Street Loot

The U.S. government’s Export-Import bank is being condemned both by liberals and by conservatives right now. You would think with liberal critics like Ralph Nader and others, Elizabeth Warren would be leading the charge. But no. Far from condemning the mechanism for giving public subsidies to businesses, Elizabeth Warren says it is a great idea. Bloomberg reports: The Tea Party-aligned group sent a letter today to Sen. Elizabeth Warren, a Massachusetts Democrat known for taking populist stands Read more […]

Think Unions Are Opposed By Big Business? Think Again!

So, did you hear how workers at the VW plant in Chattanooga recently voted down an attempt by the United Auto Workers to organize? The union thugs were really, really mad about it, but they lost. Oh, but there’s more to the story now. Despite the vote of their workers, did you hear that VW is now bringing in the UAW anyway? I guess it’s just an elite disease to ignore the will of the people and do what they want, regardless of what anyone else thinks. As USA Today reported, In a move that’s Read more […]

Suddenly Walmart On Welfare Is Just Fine?

An amazing headline I’ve seen states, in its second half, that “food-stamp cuts hurt customers.” So you would think the story is about people who have been hurt by food stamp cuts. You would think there is some evidence of children going hungry or adults being under-nourished. But no, as the richest nation on earth, even our poor manage to feed themselves, even with a really small cut in the food stamps available to them. In fact, as James Bovard has pointed out, Numerous studies going Read more […]

Socialist Bernie Sanders Admits Charles Murray Was Right About The Welfare State

Charles Murray’s book Losing Ground: Social Policy, 1950-1980 was the explosive expose scholarly work that showed how “the war on poverty” and social welfare programs destroyed people by increasing the problems they were supposed to solve. It was a very empirical work that depended on looking at results. From the data he analyzed, Murray proposed a law: The Law of Unintended Rewards: Any social transfer increases the net value of being in the condition that prompted the transfer. Any time Read more […]