A new documentary featuring a pair of Washington Free Beacon reporters examines the bailout of General Motors and the decline of the once great American city of Detroit.
Former Energy Secretary Steven Chu will join the board of a company that got millions of dollars from the Department of Energy during Chu’s tenure and is backed by some of the nation’s most politically connected investors.
The Food and Drug Administration (FDA) is paying six figures to a group that worked for the “Obama for America” campaign to monitor its social media platforms so it can be more effective on Facebook and Twitter.
The largest financial supporter of Sen. Tom Harkin’s numerous campaigns and a prominent donor to the Harkin Institute of Public Policy at Iowa State University is also a prominent beneficiary of health care policies pushed for by the Iowa Democrat.
Duke Energy Corp., the nation’s largest electric utility company, is forcing out CEO Jim Rogers as part of a settlement agreement with North Carolina’s state utilities commission. The settlement is the result of a four-month investigation into the ouster of Bill Johnson, the CEO that Rogers replaced.
Some see a danger of political cronyism and corruption arising from the back room deal underway as Congress negotiates with the White House to avoid the fiscal cliff.
The Government Accountability Institute issued a September 2012 report in which they uncover that “only three corporations have cornered the market for providing SNAP services [food stamps] to the needy and destitute.”
Several corporations—including banks that accepted federal bailouts totaling in the billions—have contributed more than $20 million to fund the Democratic National Convention (DNC), according to a Bloomberg report.
The Wall Street millionaire who cleared the White House of any wrongdoing in the multi-billion dollar bailouts of bankrupt solar companies owned by Obama’s top donors is a mega-contributor to the president’s reelection campaign.
President Barack Obama used the power of regulation and stimulus to aid an early political supporter, according to the New York Times.