Cronyism

Tom Steyer’s Deep Ties to Oregon Corruption Scandal

Top advisers to billionaire Dem donor helped run group accused of illicit payments to Oregon’s first lady

Top advisers to the billionaire environmentalist Tom Steyer helped run a green group, financed in part by Steyer himself, that is at the center of a corruption scandal that could force the Democratic governor of Oregon to resign.

Ex-Im Official Secures Millions for Indian Solar Company, Then Joins Its Board

As U.S. preps more subsidies for Indian solar companies, one such company is beefing up ties to the Export-Import Bank

As a controversial federal agency prepares extensive taxpayer support for green energy companies in India, one such company has hired a former top official at the agency who has helped it secure millions in taxpayer-backed financing.

Foreign Firm Funding U.S. Green Groups Tied to State-Owned Russian Oil Company

Executives at a Bermudan firm funneling money to U.S. environmentalists run investment funds with Russian tycoons

A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin’s inner circle.

‘Leviathan’ Review

Putin’s Russia comes under the microscope

“The best one-liner in Leviathan comes in the opening credits,” the New Yorker’s Anthony Lane noted in his review of the Russian entry for best foreign language picture at this year’s Oscars. “Reportedly, as much as 35 percent of the budget was supplied by government funding. This is like Kazakhstan using oil revenues to pay for Borat.”

Obama Donor Blocks Access to Hagan Stimulus Records

Cronyism all the way down

An incumbent senator voted for a massive taxpayer stimulus that just happened to benefit businesses owned by that senator’s immediate family members. That same senator later recommended someone to lead a government agency that is currently stonewalling journalist requests to obtain documents related to that stimulus funding. Some would call that cronyism. Either way, it looks pretty bad for Senate Kay Hagan (D., N.C.). Hagan has come under fire in recent weeks amid reports that businesses owned by her husband, son, and son-in-law directly benefited from the federal stimulus package Hagan voted for in 2009. The Carolina Journal has been all over the story, but encountered a roadblock recently while trying to obtain documents related to the stimulus award from the U.S. Department of Agriculture:

Paul Ryan Slams Ex-Im Bank as ‘Crony Capitalism’

Paul Ryan(Reuters) - Republican congressman Paul Ryan on Wednesday slammed the U.S. Export-Import Bank as a purveyor of "crony capitalism" that mainly helps a few large companies, and said Congress should focus instead on market reforms that speed growth for all firms.