Posts Tagged ‘cronyism’

Bailout Nation

Tuesday, July 7th, 2020

Prosecutors say [there have been] tens of thousands of attempts to rip off governments by fraudulently filing for expanded unemployment benefits or lying on applications for the Paycheck Protection Program.”

Balloondoggle

Monday, June 22nd, 2020

This article by Timothy Sandefur tells the crazy story of a tax subsidy gone wrong. Pima County Arizona spent $15 million in tax dollars on balloon rides to the stratosphere. The first balloon exploded on launch. The company ended up turning the balloon material into super-expensive medical suits.

Media Cronyism

Saturday, June 6th, 2020

Corey Hutchins tells the remarkable story about how an obscure Colorado media company, the Local News Network, “won a $100,000 grant opportunity from a program of the governor’s office.” The co-owner of the Ouray County Plaindealer told Hutchins she feared the subsidized outfit would eat into the paper’s advertising base.