Foxconn's corporate welfare deal will cost Wisconsin taxpayers more than 3 billion dollars

The recent trumpist trumpeting about the plans of Chinese manufacturer Foxconn to open a manufacturing facility in Wisconsin omitted a few key details -- like the fact that Foxconn is being given a sweetheart tax-break that's topped up with 15 years' worth of guarantees of up to $200m/year in cash subsidies at taxpayer expense -- a record-setting taxpayer subsidy that exceeds the previous Wisconsin record-holder by a factor of fifty. Read the rest

Mind-boggling graph of Trump's business ties

Kim Albrecht took on the herculean task of creating an interactive data visualization of Trump's business interests. Behold crony capitalism at its worst. Read the rest

Wells Fargo just hit with another massive fraud scandal, but thankfully Donald Trump owes them a lot of money

Wells Fargo didn't merely open 2,000,000 fraudulent accounts and bill its customers for them; it also tricked its customers into signing up for insurance policies, at mass-scale. Read the rest

Donald Trump's 100 day plan: the good, the bad, and the terrifying

On Naked Capitalism, Gaius Publius parses through Donald Trump's "100-day action plan" (just the public parts, not the parts leaked by the bumbler Trump wants to put in charge of the DHS), and calls out the few bright spots (killing TPP, improving NAFTA) and the terrifying remainder (accelerating climate change, deploying a national campaign of stop-and-frisk, all but destroying public education). Read the rest

Petition to reassign head of Canada Post to deliver letters at $500k/year

Derryl Murphy writes, "Former Canadian Prime Minister Stephen Harper gave Canada Post CEO Deepak Chopra (I know) a new contract a month before the election when he still had time on his contract, and Chopra's working hard to pillage the postal system in Canada. So I did this up for a little fun, but the word needs to get out there." Read the rest