Posts Tagged ‘subsidies’

Stumping for Waste: Amtrak Subsidies Become a Campaign Issue


Wednesday September 12th, 2012   •   Posted by Lloyd Billingsley at 10:05am PDT   •   7 Comments

Last year 30 million passengers road Amtrak, which on September 10  announced monthly ridership records for the last 11 months. That should come as no surprise with gasoline above $4 a gallon in much of the country. But Amtrak bosses, doubtless looking for more federal handouts, left out a few realities. Last year Amtrak…
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Government Motors CEO Receives $9 Million Pay Package


Saturday September 11th, 2010   •   Posted by David Theroux at 1:57am PDT   •   2 Comments

The Associated Press reports that having received a $50 billion bailout in corporate welfare from the U.S. government, General Motors Corporation (GM) is giving its new CEO Daniel Akerson a $9-million pay package, the same deal received by his predecessor Edward Whitacre. Akerson is the fourth CEO in less than two years at Government…
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